Читать книгу How They Succeeded: Life Stories of Successful Men Told by Themselves онлайн

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“When did you begin to build up your Chicago interests?”

“They were really begun, before the war, by my brother Herman. When he went to New York for us, we began adding a small packinghouse to the Chicago commission branch. It gradually grew with the growth of the West.”

MR. ARMOUR’S ACUTE PERCEPTION OF THE COMMERCIAL CONDITIONS FOR BUILDING UP A GREAT BUSINESS

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“Is there any one thing that accounts for the immense growth of the packing industry here?” I asked.

“System and the growth of the West did it. Things were changing at startling rates in those days. The West was growing fast. Its great areas of production offered good profits to men who would handle and ship the products. Railway lines were reaching out in new directions, or increasing their capacities and lowering their rates of transportation. These changes and the growth of the country made the creation of a food-gathering and delivering system necessary. Other things helped. At that time (1863), a great many could see that the war was going to terminate favorably for the Union. Farming operations had been enlarged by the war demand and war prices. The state banking system had been done away with, and we had a uniform currency, available everywhere, so that exchanges between the East and the West had become greatly simplified. Nothing more was needed than a steady watchfulness of the markets by competent men in continuous telegraphic communication with each other, and who knew the legitimate demand and supply, in order to sell all products quickly and with profit.”

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