The Scrap Book, Volume 1, No. 6: August 1906Various
History
The Scrap Book, Volume 1, No. 6: August 1906
Various
Periodicals
Still, the railroad men could not see the advisability of investing
twenty-five thousand dollars or more--for Pullman's plans grew in
expensiveness all the time--in cars, and they steadfastly turned down his
requests that they give him orders to build cars and buy the cars when
they were finished. This led him to determine to build the cars and rent
them.
Investors did not flock to him, but he got together enough to start
operations, and the five cars he already had on the rail were earning
money. During the first year he did not add any new cars, but the next
year he put several out, and they were a huge success--the company that
year earning two hundred and eighty thousand dollars.
The big roads centering in Chicago were pushing out in all directions. The
transcontinental roads were open for business. The ending of the Civil War
had paved the way to railroad extension in the South. All these facts gave
new opportunities for Pullman's business.
In the second year the company earned still larger profits, reaching the
four-hundred-thousand-dollar mark. Its income went on steadily up to a
million dollars, and still on until it passed beyond twenty millions.
Before this stage was attained, however, Pullman found that his factory
had outgrown its Chicago quarters, and all the surrounding land was held
at prohibitive prices. He determined to break away from the city, so he
went out several miles, and for eight hundred thousand dollars purchased a
thirty-five-hundred-acre tract. Here he built the city of Pullman, raising
the ground from the level of the prairie, so that the mistake Chicago had
made would not be repeated, and planning everything on such a scale that
no future changes were necessary.
For a year Pullman had four thousand men constantly employed in raising
the ground, laying out streets, and building shops and residences. When
they finished he was ready for the seven thousand employees engaged in
building the Pullman cars.
COLT AND HIS REVOLVER.
Not Until It Had Been Used in Two Wars
Was Inventor Able to Demonstrate
Its Effectiveness.
Samuel Colt, whose revolver was the pioneer of all practical rapid-fire
arms, was ten years old when he was taken out of school and put to work in
his father's silk and woolen mill in Hartford, Connecticut. At fourteen he
was doing a man's work in the dyeing department of the establishment, but
he wasn't getting a man's pay, for his father did not think it worth while
to pay money to a member of the family. So in 1828, when he was fourteen,
Samuel Colt ran away to sea, shipping on an India merchantman.
Public-domain text, read in full here on John Shaqi.
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