Writing in the early part of the 20th century, author Burton Hendrick noted that his father and grandfather probably wouldn't understand his business vocabulary. The terms "trust," "subsidiaries," and "syndicates" simply meant nothing to earlier generations. But they are important to the remarkable development of the post-Civil War American economy and industry, the topic of The Age of Big Business. As Hendrick noted, "The industrial story of the United States in the last fifty years is the story of the most amazing ...

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