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Article: A tale of three cities. (Pittsburgh, Louisville, Cincinnati, Ohio River Valley)
- Article from:
- The Economist (US)
- Article date:
- March 31, 1990
CopyrightCOPYRIGHT 1990 Economist Newspaper Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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By rights, the Ohio is the biggest river in North America. But its lower reaches are known by the name of a smaller tributary-the Mississippi. the fourth in our occasional series on America's riovers concentrates on the up per reaches.
IT WAS in the Ohio river basin that American capitalism spent its youth. Here sprang up Standard Oil and us Steel; businessmen and bankers with names like Rockefeller, Mellon and Carnegie; monopoly trusts, trade unions and strike-breaking Pinkertons. in Pittsburgh and Cincinnati by 1900, sever started with nothing had grown fabulously rich-perhaps the closest equivalents to the old South's cotton kings. Political power followed ...
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