Thomas Savery's steam<span> pump. The industrial use of </span>steam<span> power started with Thomas Savery in 1698. He constructed and patented in London the first </span>engine<span>, which he called the "Miner's Friend" since he intended it to pump water from mines.</span>
Due to Union measures such as the Confiscation Acts and Emancipation Proclamation in 1863
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The difference between the Articles of Confederation and the Declaration of Independence is that the Articles of Confederation was adopted by the Americans soon after the American Revolution whereas the Declaration of Independence was a document that stated the separation of the American colonies from Great Britain.
Sherman’ antitrust law aimed at stopping monopolies especially, the famous New Hersey standard oil company was dissolved based on this law. This act aims at prohibiting any contracts, conspiracies in ‘restraint of trade’ and it proposed fair trade, it was a crime to create monopoly of a product under this law. This law actually helped small workers and encouraged fair competition between the businesses.
William Rockefeller established Standard oil Company in New Jersey, To give a tough opposition to his competitors, Rockefeller secretly discounted the shipping and transportation charges from railroads, he also formed a secret association with old refiners and bought their refineries at cheaper cost and started to produce more of crude oil.
It became a huge monopoly of supplying 90% of America with crude oil. These actions violated the Sherman’s antitrust law which prohibited Illegal monopoly.
