Arthur's greatest success was in cutting the surplus, although it
was a modest reduction, maintaining the protectionist tariff
system, achieving civil service reform, and rebuilding the navy.
Like every president he did disappoint and he carefully crafted his
politics to achieve his ends. The years of Arthur's administration
were ones of great changes. Industrial growth and consolidation led
to massive economic changes. Companies were no longer local
entities, but now competed in the international marketplace. Single
companies took over entire industries. John Rockefeller, Andrew
Carnegie, and John P. Morgan ushered in the era of the trust. In
North Carolina, James Duke began mass producing cigarettes, the
first significant step on the way to a national economy based on
consumption.
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