The Age of Big Business: A Chronicle of the Captains of IndustryHendrick, Burton Jesse
History
The Age of Big Business: A Chronicle of the Captains of Industry
Hendrick, Burton Jesse
Big business -- United States -- History; Industries -- United States -- History
Thus Henry Ford did not invent standardization; he merely applied this
great American idea to a product to which, because of the delicate
labor required, it seemed at first unadapted. He soon found that it was
cheaper to ship the parts of ten cars to a central point than to ship
ten completed cars. There would therefore be large savings in making
his parts in particular factories and shipping them to assembling
establishments. In this way the completed cars would always be near
their markets. Large production would mean that he could purchase his
raw materials at very low prices; high wages meant that he could get the
efficient labor which was demanded by his rapid fire method of campaign.
It was necessary to plan the making of every part to the minutest
detail, to have each part machined to its exact size, and to have every
screw, bolt, and bar precisely interchangeable. About the year 1907
the Ford factory was systematized on this basis. In that twelvemonth it
produced 10,000 machines, each one the absolute counterpart of the other
9999. American manufacturers until then had been content with a
few hundred a year! From that date the Ford production has rapidly
increased; until, in 1916, there were nearly 4,000,000 automobiles
in the United States--more than in all the rest of the world put
together--of which one-sixth were the output of the Ford factories. Many
other American manufacturers followed the Ford plan, with the result
that American automobiles are duplicating the story of American
bicycles; because of their cheapness and serviceability, they are
rapidly dominating the markets of the world. In the Great War American
machines have surpassed all in the work done under particularly exacting
circumstances.
Public-domain text, read in full here on John Shaqi.
Reviews
Reviews
No reviews yet
Be the first to share your thoughts on this work.
Elsewhere in the archive
Join the Discussion
Join the discussion
Sign in to leave a comment or review.
Sign InorCreate an account