Sublime

You need stocks to create flows, and you need flows to replenish stocks.

Instead it was the idea of rails, rather than steam power, that ended up being borrowed from steam trains and applied to urban transport, in the form of horse-drawn buses, known as horsecars or trams, that ran on rails laid on city streets. Running buses on rails, rather than on uneven roads, reduced friction and enabled horses to pull greater load

The “Q” was truly one of America’s best and most-profitable roads. Well capitalized, well constructed, and well managed by two of the giant figures of American railroading, John Murray Forbes and Charles Perkins, along with their New England associates, it served a densely populated and fertile agrarian hinterland stretching across Illinois and Iow

The charade was ended in 1892 by incorporating as a New Jersey holding company and replacing the trust certificates with Standard of New Jersey stock.

Ever since it was founded, Ford Motor Company had shared some of its prosperity with its people. Employees who had been with the company for three years or longer received 10 per cent of their annual pay, and efficiency bonus checks were handed to executives and branch managers.