Review of reviews and world's work . use of the very latest ma-chinery and to the large total of production,with the resulting rdization and the economi ible in matt-rials and pr gauge hi- opportunities ami financial 1 ientific exactm ss \matter of fact, it i- apparent now, in theautumn of ioio. that production ha- gone,for the time,to The largest combina- tion of factories of all recently found itsomewhat handicapped in a lack of the insary working capital to make and market itsenormous output for ioio. and although it-for th( r were- credi- bly estimated at the enormous >d,ooo, it had


Review of reviews and world's work . use of the very latest ma-chinery and to the large total of production,with the resulting rdization and the economi ible in matt-rials and pr gauge hi- opportunities ami financial 1 ientific exactm ss \matter of fact, it i- apparent now, in theautumn of ioio. that production ha- gone,for the time,to The largest combina- tion of factories of all recently found itsomewhat handicapped in a lack of the insary working capital to make and market itsenormous output for ioio. and although it-for th( r were- credi- bly estimated at the enormous >d,ooo, it had some trouble in ready money to tarry on the hu-itn - It mounted in the early part >er that a syn< Mewl THE METEORIC RISE OF THE AUTOMOBILE IX DCS TRY 587. WHERE ONE OF THE $1500 CARS OF REPUTE IS MADE bankers had come to the relief of this con-cern by taking ?i of bonds—a trans-action which for the hrst time brings the auto-mobile business impartially into a relationwith Wall Street analogous to the relations ofthe steel, and meat-packing and other greatnational industries The few anonymous instances cited ofrecent meteoric >ucce-ses in the manufactureof automobiles should not suggest that onesfortune is made when one builds or buy- amotor car factory. Automobiles are something that every-body who can or cannot afford buys nowa-days the undiscerning, and if theyare bought so extensively, of. course a lot of/ make big money out ofthem. It- ai no The -ik cess of the men whohave made fortunes in this industry ha- notn without the hardest kind of workand worry a- well a- the exen isc in mo-l 1of a real geniu- for the I Many a time hi iced problems the settle- •.vhi< h meant and tf • up of which meant failure. I


Size: 2511px × 996px
Photo credit: © The Reading Room / Alamy / Afripics
License: Licensed
Model Released: No

Keywords: ., bookcentury1800, bookdecade1890, bookidreviewofrevi, bookyear1890