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Décauville
Decauville () was a manufacturing company which was founded by Paul Decauville (1846–1922), a French pioneer in industrial railways. Decauville's major innovation was the use of ready-made sections of light, narrow-gauge track fastened to steel sleepers; this track was portable and could be disassembled and transported very easily. The first Decauville railway used gauge; Decauville later refined his invention and switched to and gauge. History Origins In 1853 Paul Decauville's father, Amand, created a boilermaking workshop on the family farm in order to set up distilleries on the farms to the east of Paris. In 1864, Amand asked his eldest son, Paul, to come and help him following health problems. Very quickly, the latter seeks to improve the functioning of the estate. Very developed under the Second Empire in the northern half of France, the production of sugar beet and its refining into sugar, is linked to that of alcoholic products such as fuel. Amand will therefore ...
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Privately Held Company
A privately held company (or simply a private company) is a company whose Stock, shares and related rights or obligations are not offered for public subscription or publicly negotiated in their respective listed markets. Instead, the Private equity, company's stock is offered, owned, traded or exchanged privately, also known as "over-the-counter (finance), over-the-counter". Related terms are unlisted organisation, unquoted company and private equity. Private companies are often less well-known than their public company, publicly traded counterparts but still have major importance in the world's economy. For example, in 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for $1.8 trillion in revenues and employed 6.2 million people, according to ''Forbes''. In general, all companies that are not owned by the government are classified as private enterprises. This definition encompasses both publ ...
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Second French Empire
The Second French Empire, officially the French Empire, was the government of France from 1852 to 1870. It was established on 2 December 1852 by Louis-Napoléon Bonaparte, president of France under the French Second Republic, who proclaimed himself Emperor of the French as Napoleon III. The period was one of significant achievements in infrastructure and economy, while France reasserted itself as the dominant power in Europe. Historians in the 1930s and 1940s disparaged the Second Empire as a precursor of fascism, but by the late 20th century it was re-evaluated as an example of a modernizing regime. Historians have generally given the Second Empire negative evaluations on its foreign policy, and somewhat more positive assessments of domestic policies, especially after Napoleon III liberalised his rule after 1858. He promoted French business and exports. The greatest achievements included a railway network that facilitated commerce and tied the nation together with Paris a ...
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