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As a result, many farmers, already hurt by the downslide in agriculture, were ruined. Thus, the farmers of the late nineteenth century had a valid complaint against railroad shippers since they were severely hurt by the unfair practices of the railroads.

Near the end of the nineteenth century, business began to centralize, leading to the rise of monopolies and trusts...

Falling prices, along with the need for better efficiency in industry, led to the rise of such companies as Carnegie Steel and Standard Oil, which controlled a majority of the nation's supply of raw steel and oil respectively. The rise of there monopolies and trusts concerned many farmers; for they felt that the disappearance of competition would lead to erratic and unreasonable price rises that would hurt consumers...

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