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Louis Upton
Louis Cassius Upton (October 10, 1886 – October 9, 1952) is best known for co-founding the Whirlpool Corporation (originally known as Upton Machine Company) with his uncle Emory Upton and investor Lowell Bassford in 1911. Early life Louis Cassius Upton was born in Fredonia, New York on October 10, 1886, and was the first of four children of Carrie Upton (née Blogett) and Cassius Marcelus Upton. His father, Cassius was a lawyer by training who founded a publishing business in the late 1890s. Louis had one younger brother Frederick Upton, and three younger sisters, Katherine, Louise and Marjorie Upton. In 1903, when Louis was 17 and a junior in high school, his father was killed in a streetcar accident in Chicago. Louis got a job selling insurance to help support the family at the same time that he was completing high school. Business career Louis Upton graduated in 1908 from Lake Forest Academy in Lake Forest, Illinois. Early career Upon graduation, Upton attempted to ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Fredonia, New York
Fredonia is a village in Chautauqua County, New York, United States. The population was 9,871 as of the 2020 census. Fredonia is in the town of Pomfret south of Lake Erie. The village is the home of the State University of New York at Fredonia (in the northwest part of the village). Fredonia is one of only twelve villages in New York still incorporated under a charter, the other villages having incorporated or re-incorporated under the provisions of Village Law. History The village that is now Fredonia was most likely first occupied by early Mound Builders, then the Erie people (13th to 17th centuries), then the Iroquois (specifically, the Seneca).Daniel D., ''Architecture in Fredonia, New York, 1811-1997'', p. 26, White Pine Press (1997) () In 1791, Robert Morris purchased the Fredonia land from Massachusetts and sold it to the Holland Land Company. Parcels were sold to pioneers around 1800, and the first settlers came around 1803 or 1804. In 1821, William Hart dug the first ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sears, Roebuck And Company
Sears, Roebuck and Co. ( ), commonly known as Sears, is an American chain of department stores founded in 1892 by Richard Warren Sears and Alvah Curtis Roebuck and reincorporated in 1906 by Richard Sears and Julius Rosenwald, with what began as a mail ordering catalog company migrating to opening retail locations in 1925, the first in Chicago. In 2005, the company was bought by the management of the American big box discount chain Kmart, which upon completion of the merger, formed Sears Holdings. Through the 1980s, Sears was the largest retailer in the United States. In 2018, it was the 31st-largest. After several years of declining sales, Sears's parent company filed for Chapter 11 bankruptcy on October 15, 2018. It announced on January 16, 2019, that it had won its bankruptcy auction, and that a reduced number of 425 stores would remain open, including 223 Sears stores. Sears was based in the Sears Tower in Chicago from 1973 until 1995, and is currently headquartered in Hof ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Great Depression
The Great Depression (19291939) was an economic shock that impacted most countries across the world. It was a period of economic depression that became evident after a major fall in stock prices in the United States. The economic contagion began around September and led to the Wall Street stock market crash of October 24 (Black Thursday). It was the longest, deepest, and most widespread depression of the 20th century. Between 1929 and 1932, worldwide gross domestic product (GDP) fell by an estimated 15%. By comparison, worldwide GDP fell by less than 1% from 2008 to 2009 during the Great Recession. Some economies started to recover by the mid-1930s. However, in many countries, the negative effects of the Great Depression lasted until the beginning of World War II. Devastating effects were seen in both rich and poor countries with falling personal income, prices, tax revenues, and profits. International trade fell by more than 50%, unemployment in the U.S. rose to 23% and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
