 The Industrial
Workers of the World was organized in Chicago on June 27,
1905, by opponents of the moderate policies in
the labor movement. It wanted to bring all
workers of each industry into one industrial
union, and sought to overturn the capitalist
system and set up a socialist government. |
 Gustavus
Franklin Swift began his meat
packing and shipping business by purchasing a
heifer for $19, butchering and selling it, and
then using his $10 profit to repeat the process. |
 Henry Ford
introduced the Model T in 1908. Initially sold
for $850 each, he was able to reduce the price to
$290 by 1915. By the time the last Model T rolled
off the assembly line in 1927, some 15 million of
them had been sold. |
 Russell
Stover Candies began with an
investment interest in the Eskimo Pie which led
to the opening of the first Mrs. Stover's
Bungalow Candies store in 1923. By mid-1940s
Russell Stover Candies was a multi-million dollar
enterprise. Today it is the largest producer of
hand-dipped chocolates in the world. |
