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Georgia [21]
3 years ago
7

In 1887, Congress established a commission to regulate the railroads by passing

History
1 answer:
Lostsunrise [7]3 years ago
6 0
In 1887, Congress established a commission to regulate the railroads by passing "The Interstate Commerce Act", which was mainly intended to keep railroad companies from becoming monopolies. 
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can i get help on history and English homework please class due tomorrow and half of both classes still left I'm desperate, plea
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Explanation:

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3 years ago
What is significant about the Virginia declaration of rights?
Nezavi [6.7K]

Answer:

The Virginia declaration, largely the work of George Mason, was widely read by political leaders on both sides of the Atlantic. It declared that “all men are by nature equally free and independent and have certain inherent rights” of which they cannot deprive themselves or their posterity.

Explanation:

6 0
3 years ago
How did the banking industry prove to be a profitable connection for Frank Phillips?
OLEGan [10]

Answer:

Career

The bank's president, John Gibson, had considered Phillips an up-and-coming entrepreneur for some time. Shortly after Phillips married Jane Gibson, her father asked Phillips to join him in the bond business. Phillips began selling bonds in the New England states and the Chicago area.[4] .

During a stop in St. Louis en route back to Creston from Chicago in 1903, Phillips encountered C. B. Larabee, an old friend from Iowa. He was serving as a Methodist missionary to the Osage Indians west of Bartlesville in Indian Territory. The area, which is now Osage County, Oklahoma, was rich in oil, and what proved to be a decades-long boom was just getting underway. Later that year, after Phillips and Gibson made two trips to Bartlesville, Phillips and his younger brother L. E. Phillips organized the Anchor Oil & Gas Company with Gibson's assistance.[4]

Anchor opened an office in Bartlesville in 1905, secured a driller and drilled its first wildcat well, the Holland No. 1. The men struck oil on June 23, 1905. The brothers' second and third wells were dry holes, and they had barely enough money left to drill a fourth well, the Anna Anderson Number One.[3] The Anna Anderson, completed September 6, 1905, was a gusher, and the successful well enabled the brothers to raise $100,000 through the sale of stock. The Anna Anderson was the first of 80 consecutive producing wells drilled for the brothers' company.[5]

Also in 1905, Frank and L. E. Phillips formed the Lewcinda Oil Company, with brother Waite. Waite, who preferred to work independently, soon left Lewcinda and formed his own bank and oil company, the Independent Oil & Gas Co. in Tulsa. (In 1930 he merged it with Phillips Petroleum.)

In late 1905, Frank and L.E. formed a bank, Citizens Bank and Trust, in Bartlesville with $50,000 capital. They also acquired a rival bank, the Bartlesville National Bank, and consolidating the two under the latter name. The bank later became the First National Bank of Bartlesville.[4] Phillips still wanted to be a big-time banker. In 1916, he and L.E. decided that the boom-bust instability of the oil business was not for them. They made plans to open a bank in Kansas City that would be the cornerstone of a chain of banks throughout the Midwest. Before those plans could be carried out, the U.S. became involved in World War I.

With the price of oil quickly increasing from 40 cents a barrel to more than $1 a barrel, the brothers decided to consolidate their holdings in a single company, Phillips Petroleum Company. They incorporated on June 13, 1917 under Delaware law. The new company had assets of $3 million, 27 employees and leases throughout Oklahoma and Kansas.[6]

Phillips once said to employees, to whom he was known as "Uncle Frank": "Work hard and demonstrate loyalty, and I'm a great guy to work for. Do neither, and there is no one worse."[7] On another occasion, he said, "I am egotistical. I exercise the 'privilege and prestige of the office.' I'm bombastic, hard to get along with, an easy touch, a farm boy at heart, and conveniently hard of hearing. I'm just a sentimental old man. I'm tough. and I know it. I'm the boss, and don't let anybody try to question it."[8]

Frank Phillips led the company as its president until age 65, when in 1939 he named Kenneth S. "Boots" Adams to succeed him. The company had reported record profits of $24.1 million the previous year. As Phillips turned over the presidency to Adams, he became the company's first chairman of the board, a position he held until he retired at the age of 76 in 1949, a year before his death. Jane Phillips, his wife of 50 years, died in 1948. He died while on a vacation in Atlantic City, New Jersey on August 23, 1950. He was buried beside his wife in the Phillips Family Mausoleum at Woolaroc, Phillips' ranch and country home in Osage County, Oklahoma, southwest of Bartlesville.[3]

Legacy and honors

In 1944, Phillips had given 3,700-acre (15 km2) acres of the 17,000-acre (69 km2) ranch to the Frank Phillips Foundation and sold the remainder.[9]

Frank Phillips College, a community junior college in Borger, Texas, was named after him.[10]

Frank Phillips was inducted into the Oklahoma Hall of Fame in 1930.[11]

In 2008 the former home of Frank and Jane Phillips was added to Oklahoma's National Register of Historic Places[12]

Explanation:

7 0
3 years ago
Why did North America's geography make it difficult for Britain to win the war?
tatyana61 [14]
The Britain's did not know the land that well so the Americans had and advantage
7 0
3 years ago
Read 2 more answers
Where does balian feel the kingdom of heaven is
Vlad [161]

In our conscience.

Explanation:

  • Medieval France in 1184 AD. The striking Balian is a young blacksmith who, after the tragic death of a child and his wife, learns that his real father is the influential crusader noble Godfrey of Ibelin.
  • Forced to kill a priest to escape, Balian joins his father and embarks on a long journey.
  • He learns to use the sword and fight, and eventually receives the title of Crusader. Godfrey was fatally wounded in one confrontation, and his last wish was for Balian, accompanied by his loyal assistant  to go to Jerusalem.
  • There, Balian soon gained the respect of Arabs and Christians. The decisive battle in that war will be just that for the city of Jerusalem.

Learn more on Jerusalem on

brainly.com/question/934270

brainly.com/question/1199516

#learnwithBrainly

8 0
3 years ago
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