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Great American Streetcar Scandal
The General Motors streetcar conspiracy refers to the convictions of General Motors (GM) and related companies that were involved in the monopolizing of the sale of buses and supplies to National City Lines (NCL) and subsidiaries, as well as to the allegations that the defendants conspired to own or control transit systems, in violation of Section 1 of the Sherman Antitrust Act. This suit created lingering suspicions that the defendants had in fact plotted to dismantle streetcar systems in many cities in the United States as an attempt to monopolize surface transportation. Between 1938 and 1950, National City Lines and its subsidiaries, American City Lines and Pacific City Lines—with investment from GM, Firestone Tire, Standard Oil of California (through a subsidiary), Federal Engineering, Phillips Petroleum, and Mack Trucks—gained control of additional transit systems in about 25 cities. Systems included St. Louis, Baltimore, Los Angeles, and Oakland. NCL often converted st ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cadillac Place
Cadillac Place, formerly the General Motors Building, is a landmark high-rise office complex located at 3044 West Grand Boulevard in the New Center area of Detroit, Michigan. It was renamed for the French founder of Detroit, Antoine Laumet de La Mothe, sieur de Cadillac. It is a National Historic Landmark in Michigan, listed in 1985. History General Motors Building After much pressure by the General Motors Board of Directors, William C. Durant agreed in 1919 to construct a permanent headquarters in Detroit for the company he formed in 1908. The corporation purchased the block between Cass and Second on West Grand Boulevard and removed the 48 structures from the site to begin work. Groundbreaking was held June 2, 1919 and the Cass Avenue wing was ready for occupancy in November 1920 while the remainder of the building was under construction. The building was originally named for Durant, but an internal power struggle led to his ouster in 1921 and the structure was rename ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Monopoly
A monopoly (from Greek el, μόνος, mónos, single, alone, label=none and el, πωλεῖν, pōleîn, to sell, label=none), as described by Irving Fisher, is a market with the "absence of competition", creating a situation where a specific person or enterprise is the only supplier of a particular thing. This contrasts with a monopsony which relates to a single entity's control of a market to purchase a good or service, and with oligopoly and duopoly which consists of a few sellers dominating a market. Monopolies are thus characterized by a lack of economic competition to produce the good or service, a lack of viable substitute goods, and the possibility of a high monopoly price well above the seller's marginal cost that leads to a high monopoly profit. The verb ''monopolise'' or ''monopolize'' refers to the ''process'' by which a company gains the ability to raise prices or exclude competitors. In economics, a monopoly is a single seller. In law, a monopoly is a busine ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cable Car (railway)
A cable car (usually known as a cable tram outside North America) is a type of cable railway used for mass transit in which rail cars are hauled by a continuously moving cable running at a constant speed. Individual cars stop and start by releasing and gripping this cable as required. Cable cars are distinct from funiculars, where the cars are permanently attached to the cable. History The first cable-operated railway, employing a moving rope that could be picked up or released by a grip on the cars was the Fawdon Wagonway in 1826, a colliery railway line. The London and Blackwall Railway, which opened for passengers in east London, England, in 1840 used such a system. The rope available at the time proved too susceptible to wear and the system was abandoned in favour of steam locomotives after eight years. In America, the first cable car installation in operation probably was the West Side and Yonkers Patent Railway in New York City, as its first-ever elevated railw ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Electricity
Electricity is the set of physical phenomena associated with the presence and motion of matter that has a property of electric charge. Electricity is related to magnetism, both being part of the phenomenon of electromagnetism, as described by Maxwell's equations. Various common phenomena are related to electricity, including lightning, static electricity, electric heating, electric discharges and many others. The presence of an electric charge, which can be either positive or negative, produces an electric field. The movement of electric charges is an electric current and produces a magnetic field. When a charge is placed in a location with a non-zero electric field, a force will act on it. The magnitude of this force is given by Coulomb's law. If the charge moves, the electric field would be doing work on the electric charge. Thus we can speak of electric potential at a certain point in space, which is equal to the work done by an external agent in carrying a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Horsecar
A horsecar, horse-drawn tram, horse-drawn streetcar (U.S.), or horse-drawn railway (historical), is an animal-powered (usually horse) tram or streetcar. Summary The horse-drawn tram (horsecar) was an early form of public rail transport, which developed out of industrial haulage routes that had long been in existence, and from the omnibus routes that first ran on public streets in the 1820s{{{citation needed, date=February 2022, using the newly improved iron or steel rail or ' tramway'. They were local versions of the stagecoach lines and picked up and dropped off passengers on a regular route, without the need to be pre-hired. Horsecars on tramlines were an improvement over the omnibus, because the low rolling resistance of metal wheels on iron or steel rails (usually grooved from 1852 on) allowed the animals to haul a greater load for a given effort than the omnibus, and gave a smoother ride. The horse-drawn streetcar combined the low cost, flexibility, and safety of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
MBTA
The Massachusetts Bay Transportation Authority (abbreviated MBTA and known colloquially as "the T") is the public agency responsible for operating most public transportation services in Greater Boston, Massachusetts. The MBTA transit network includes the MBTA subway with three metro lines (the Blue, Orange, and Red lines), two light rail lines (the Green and Ashmont–Mattapan lines), and a five-line bus rapid transit system (the Silver Line); MBTA bus local and express service; the twelve-line MBTA Commuter Rail system, and several ferry routes. In , the system had a ridership of , or about per weekday as of , of which the rapid transit lines averaged and the light rail lines , making it the fourth-busiest rapid transit system and the third-busiest light rail system in the United States. As of , average weekday ridership of the commuter rail system was , making it the sixth-busiest commuter rail system in the U.S. The MBTA is the successor of several previous pu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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