|
Sanger Lumber Company
The Hume-Bennett Lumber Company was a logging operation in the Sequoia National Forest in the late 19th and early 20th centuries. The company and its predecessors were known for building the world's longest log flume and the John_Samuel_Eastwood#Multiple_arch_dams, first multiple-arch hydroelectric dam. However, the company also engaged in destructive clearcutting, clearcutting logging practices, cutting down 8,000 giant sequoias in Converse_Basin_Grove, Converse Basin in a decade-long event that has been described as "the greatest orgy of destructive lumbering in the history of the world." Public opposition of the company’s actions helped mobilize support for the early Conservation_in_the_United_States, conservation movement, leading to the creation of Yosemite_National_Park, Yosemite, Sequoia_National_Park, Sequoia, and General_Grant_Grove, General Grant National Parks in the early 1880s. By the 1950s, almost all surviving sequoia groves were under public protection. Despit ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Converse Basin Grove
Converse Basin Grove is a grove of giant sequoia (''Sequoiadendron giganteum'') trees in the Giant Sequoia National Monument in the Sierra Nevada, in Fresno County, California, 5 miles (8 km) north of General Grant Grove, just outside Kings Canyon National Park. Once home to the second-largest population of giant sequoias in the world, covering acres, the grove was extensively logged by the Sanger Lumber Company at the turn of the 20th century. The clearcutting of 8,000 giant sequoias, many of which were over 2,000 years old, resulted in the destruction of the old-growth forest ecosystem. The Converse Basin Grove has not recovered despite attempts at restoration in the 20th century. The planting of single-species conifer plantations and the practice of fire exclusion has resulted in two high intensity wildfires since the end of the logging era, further degrading the giant sequoia habitat. Despite these challenges, the grove offers opportunities for studying fores ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Kings River (California)
The Kings River is a river draining the Sierra Nevada (U.S.), Sierra Nevada mountain range in central California in the United States. Its headwaters originate along the Sierra Crest in and around Kings Canyon National Park and form the eponymous Kings Canyon, one of the deepest river gorges in North America. The river is impounded in Pine Flat Lake before flowing into the San Joaquin Valley (the southern half of the Central Valley (California), Central Valley) southeast of Fresno, California, Fresno. With its upper and middle course in Fresno County, California, Fresno County, the Kings River diverges into multiple branches in Kings County, California, Kings County, with some water flowing south to the old Tulare Lake bed and the rest flowing north to the San Joaquin River. However, most of the water is consumed for irrigation well upstream of either point. Inhabited for thousands of years by the Yokuts people, Yokuts and other native groups, the Kings River basin once fed a va ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Converse Basin Grove
Converse Basin Grove is a grove of giant sequoia (''Sequoiadendron giganteum'') trees in the Giant Sequoia National Monument in the Sierra Nevada, in Fresno County, California, 5 miles (8 km) north of General Grant Grove, just outside Kings Canyon National Park. Once home to the second-largest population of giant sequoias in the world, covering acres, the grove was extensively logged by the Sanger Lumber Company at the turn of the 20th century. The clearcutting of 8,000 giant sequoias, many of which were over 2,000 years old, resulted in the destruction of the old-growth forest ecosystem. The Converse Basin Grove has not recovered despite attempts at restoration in the 20th century. The planting of single-species conifer plantations and the practice of fire exclusion has resulted in two high intensity wildfires since the end of the logging era, further degrading the giant sequoia habitat. Despite these challenges, the grove offers opportunities for studying fores ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cost Of Capital
In economics and accounting, the cost of capital is the cost of a company's funds (both debt and equity), or from an investor's point of view is "the required rate of return on a portfolio company's existing securities". It is used to evaluate new projects of a company. It is the minimum return that investors expect for providing capital to the company, thus setting a benchmark that a new project has to meet. Basic concept For an investment to be worthwhile, the expected return on capital has to be higher than the cost of capital. Given a number of competing investment opportunities, investors are expected to put their capital to work in order to maximize the return. In other words, the cost of capital is the rate of return that capital could be expected to earn in the best alternative investment of equivalent risk; this is the opportunity cost of capital. If a project is of similar risk to a company's average business activities it is reasonable to use the company's average cost ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lima Locomotive Works
Lima Locomotive Works was an American firm that manufactured railroad locomotives from the 1870s through the 1950s. The company took the most distinctive part of its name from its main shop's location in Lima, Ohio. The shops were located between the Erie Railroad main line, the Baltimore & Ohio's Cincinnati-Toledo main line and the Nickel Plate Road main line and shops. The company is best known for producing the Shay geared logging-steam locomotive, developed by Ephraim Shay, and for William E. Woodard's "Super Power" advanced steam locomotive concept – exemplified by the prototype 2-8-4 Berkshire, Lima demonstrator A-1. In World War II the Lima plant produced the M4A1 version of the M4 Sherman tank. History In 1878 James Alley contracted the Lima Machine Works to build a steam locomotive that Ephraim Shay had designed. In April 1880, Lima rebuilt Ephraim Shay's original design, using vertically side-mounted pistons mounted on the right, connected to a drive l ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Flume Head Hume-Bennett Lumber Company At Millwood
A flume is a human-made channel for water, in the form of an open declined gravity chute whose walls are raised above the surrounding terrain, in contrast to a trench or ditch. Flumes are not to be confused with aqueducts, which are built to transport water, rather than transporting materials using flowing water as a flume does. Flumes route water from a diversion dam or weir to a desired materiel collection location. Flumes are usually made up of wood, metal or concrete. Many flumes took the form of wooden troughs elevated on trestles, often following the natural contours of the land. Originating as a part of a mill race, they were later used in the transportation of logs in the logging industry, known as a log flume. They were also extensively used in hydraulic mining and working placer deposits for gold, tin and other heavy minerals. Etymology The term ''flume'' comes from the Old French word ''flum'', from the Latin ''flumen'', meaning a river. It was formerly used for ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
