A Classification of American Wealth
History and genealogy of the wealthy families of America - Sponsors


 Part 1 : Colonial and Mercantile America  Part 2 : America in the Gilded Age
 Part 3 : America in the Twentieth Century  Encyclopedia of American Wealth

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 United States Steel Corporation

Page entitled : U. S. Steel acquires T.C.I. but fails to keep up market share

Content of this page is about :
The acquisition of Tennessee Coal, Iron & Railroad Co by U. S. Steel and the rise of rivals Bethlehem Steel and Republic Steel, despite the trust's power

Extract :
... due to the even faster expansion of certain competitors, most notably Bethlehem Steel, which after the takeover (in 1903) of the U.S. Shipbuilding Company rapidly developed into the nation’s second largest steel maker. That merger and the subsequent expansion was the work of Charles Michael Schwab, who resigned from the presidency of the U.S. Steel Corporation in   ...

 

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