Important Events in Business and the Economy, 1900–1909

1900

  • In January, 250,000 U.S. children under age 15 worked in mines and factories rather than attending school.
  • On January 10, the National Civic Federation is established in Chicago to promote labor-management relations with representatives from business, labor, and the public.
  • In February, the Alabama State Federation of Labor becomes the first U.S. union to integrate African American and white workers.
  • On March 14, Congress passes the Gold Standard Act, empowering the U.S. Treasury to use gold in its transactions.
  • On March 18, veteran train engineer John Luther "Casey" Jones, thirty-six, is killed when his train crashes near Vaughan, Mississippi. His heroic efforts to save as many lives as possible are later immortalized by another railroad worker in the ballad "Casey Jones."
  • On March 31, The Saturday Evening Post carries the first national advertisement for...

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