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During the U.S. Civil War, Cornelius Vanderbilt donated his largest and fastest steamship, named the Vanderbilt and built for around $1 million, to the Union Navy. The vessel was used to chase down Confederate raiders. In 1813, Vanderbilt married his cousin Sophia Johnson, and the couple eventually had 13 children.
Approved July 2, 1890, The Sherman Anti-Trust Act was the first Federal act that outlawed monopolistic business practices. The Sherman Antitrust Act of 1890 was the first measure passed by the U.S. Congress to prohibit trusts. ... Several states had passed similar laws, but they were limited to intrastate businesses.
1) PATRIOTISM
Americans fought for their freedom so their motivation was unstoppable.
2) WAR WAS ON OUR TERRITORY
Americans knew the layout of their land.
3) FRENCH
The French helped the Americans with supplies and weapons.
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As part of the war effort, the U.S. government also attempted to guide economic activity via centralized price and production controls administered by the War Industries Board, the Food Administration, and the Fuel Administration.
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