The Gilded Age part 1

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The Gilded Age part 1발음듣기

[Voiceover] Hello David.발음듣기

[Voiceover] Hello Kim.발음듣기

[Voiceover] So I brought you here to talk about the Gilded Age, which is one of my favorite eras of American history.발음듣기

[Voiceover] Because everything was great and covered in gold?발음듣기

[Voiceover] No, because it is the only era of American history I can think of that has a sarcastic name. (laughter)발음듣기

[Voiceover] What's to be sarcastic about?발음듣기

What's happening between, so I see it's from 1865 to 1898 which is the end of the Civil War, and then what happens in 1898?발음듣기

[Voiceover] It's basically everyone woke up one morning and were like "oh we're done with the Gilded Age, now it's time for the Progressive Era".발음듣기

[Voiceover] Hooray, Spanish-American wartimes!발음듣기

[Voiceover] More first the Spanish-American War.발음듣기

So the Gilded Age is kind of this period of really intense industrialization and kind of focusing on America's development as an industrial and business power.발음듣기

It's very inward looking, whereas after the Spanish-American war the United States takes a bigger role on the world's stage.발음듣기

The sarcastic part of the Gilded Age is that this was a term coined by Mark Twain of all people, in 1890.발음듣기

And he wrote a book called "The Gilded Age", and what Twain was trying to say was that the United States in this period wasn't experiencing a golden age, an era of prosperity and happiness, but rather a Gilded Age.발음듣기

[Voiceover] Oh so just like a thin layer of gold on top, disguising the cheap tin beneath?발음듣기

[Voiceover] Exactly.발음듣기

[Voiceover] Oh snap, Mark Twain. (laughter)발음듣기

So what's going on in this era that earns this nickname?발음듣기

What is the appearance of fancy, lovely gold that just turns out to be tacky and miserable?발음듣기

[Voiceover] Well I think what people are talking about under the title of Gilded Age is that it's this time when immense wealth is accumulated by a number of individuals.발음듣기

Many of whom still have their names on things today.발음듣기

Like Andrew Carnegie, of Carnegie Mellon University, or Carnegie Hall.발음듣기

J.P. Morgan, who was a banking magnet.발음듣기

We still have J.P. Morgan as a financial institution today.발음듣기

And I would say John D. Rockefeller is another.발음듣기

He was a founder of standard oil, so he was an oil baron.발음듣기

Of Rockefeller Center, right.발음듣기

So these are the individuals who got enormously wealthy in the Gilded Age.발음듣기

And they got wealthy by being the captains of these new expanding industries.발음듣기

[Voiceover] Titans of industry.발음듣기

[Voiceover] The titans of industry.발음듣기

So steel, and banking, and oil.발음듣기

But they got rich partly through political corruption.발음듣기

So one of the less than savory parts of the Gilded Age is that.발음듣기

A lot of this was done through political kickbacks, bribing of officials, bribing of the vice president of the United States.발음듣기

[Voiceover] Woah woah woah, what?발음듣기

They bribed the vice president? (laughter)발음듣기

[Voiceover] That was a scandal that dogged the presidency of Ulysses S. Grant.발음듣기

[Voiceover] Oh man.발음듣기

[Voiceover] Credit Mobilier was a construction company that had less than savory ties to some people very high up in government.발음듣기

So these fortunes of people like Carnegie and Morgan were built partly on political corruption, and partly on the backs of waves of immigrant laborers.발음듣기

[Voiceover] Like my ancestors.발음듣기

[Voiceover] Like my ancestors.발음듣기

And so during this time period in the eastern part of Europe, in the southern part of Europe, there were political eruptions, there were just general poverty especially in Italy.발음듣기

In Russia there were a number of pogroms, which sent Russian Jews out of Russia and they came to the United States.발음듣기

And they came from very bad situations, so what they came to was a little bit better but it wasn't much better.발음듣기

[Voiceover] Which is how they all ended up living in this one apartment in lower Manhattan, as you've detailed in this Jacob Riis photograph.발음듣기

[Voiceover] Right. Okay so, Jacob Riss was a photographer in the 1890's.발음듣기

And he went around the lower east side of Manhattan, basically just photographing what he called "How the Other Half Lives".발음듣기

By the other half he meant immigrants, the poor who were living in the lower east side of Manhattan.발음듣기

Which, at that time, was the most dense section of humanity on Earth.발음듣기

And you can see here that this is a photograph from a tenement that he took a picture of.발음듣기

[Voiceover] And what is a tenement?발음듣기

[Voiceover] So tenements were these apartment dwellings which kind of sprang up, often in the backyards of other normal buildings.발음듣기

But they were sort of hastily constructed, they had many rooms in them, they weren't up to fire code.발음듣기

I'm not even sure there was a fire code.발음듣기

Most of the rooms didn't have windows or electric lighting, or ventilation.발음듣기

[Voiceover] Sounds like a great place to live. (laughter)발음듣기

But does it have curb appeal, Kim? (laughter)발음듣기

[Voiceover] There is some pictures that can show you no, most of them were next to giant rotting heaps of garbage.발음듣기

[Voiceover] Oh boy.발음듣기

[Voiceover] One of my favorite things about the story of Jacob Riis is that he was a pioneer in the field of photography because he used flash photography.발음듣기

So you know, you've seen in old movies those flashbulbs that go off, right?발음듣기

Cause that was the only way he could get these apartments.발음듣기

[Voiceover] Cause there was no lighting in them.발음듣기

[Voiceover] There was no lighting in them. so you couldn't take a picture of them without light.발음듣기

So he brought his flash camera and he regularly set things on fire.발음듣기

[Voiceover] Oh no. (laughter)발음듣기

[Voiceover] In these apartments as he was trying to document what life was like.발음듣기

[Voiceover] Oh that's awful.발음듣기

[Voiceover] So this is a photograph by Riis called "Five Cents a Spot", and so you paid five cents a night to live in this apartment.발음듣기

And so if you count here, there's one, two, three, four, five, six, I think this is somebody else's legs, seven, did I get everybody?발음듣기

There might be somebody else hiding over here.발음듣기

Seven men sharing this room, and they're just doing the best they can.발음듣기

[Voiceover] Right.발음듣기

[Voiceover] And you compare that with this, which is John D. Rockefeller's mansion in New York.발음듣기

It's called and I'm gonna butcher this "Kykuit".발음듣기

So the real question of the Gilded Age is how is it that some people get so wealthy, while some people are incredibly poor?발음듣기

[Voiceover] Sure.발음듣기

[Voiceover] And whose responsibility is that?발음듣기

At one point, J.P. Morgan decides he is going to buy out Andrew Carnegie.발음듣기

He buys him out for more than four hundred million dollars, he loans money to the U.S. government.발음듣기

So he is the single biggest creditor to the U.S. government.발음듣기

At that point who has more power, the federal government, or J.P. Morgan?발음듣기

[Voiceover] So we're really talking about the clash of two great and terrible energies, right?발음듣기

Like this immense wealth, and this immense deprivation.발음듣기

[Voiceover] Yeah.발음듣기

[Voiceover] How do they play out?발음듣기

[Voiceover] We'll get to that in some more videos.발음듣기

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