Asked by Amy

1.What was the effect or importance of James Fisk, Daniel Drew, and Jay Gould selling $7,000,000 worth of watered stock to Cornelius Vanderbilt in his attempt to acquire the Erie Canal?

2.What was the effect of William Graham Sumner, a Yale Professor, and Social Darwinist, concludes that "millionaires are a product of natural selection."?

Answers

Answered by Ms. Sue
http://en.wikipedia.org/wiki/Erie_War

2. Sumner validated the millionaire's belief that they were superior.



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