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The book provides an important contribution to the technological and commercial history of crucible and electric steelmaking by thoroughly examining its development in Sheffield and American centres such as Pittsburgh. It also discusses cutlery, saw and file manufacturing, where the Americans quickly shed Sheffield's traditional technologies and, with the help of superior marketing, established a word lead by 1900. It is also shown, however, that this did not free the US from its dependence on Sheffield steel. Sheffield's innovation in special steelmaking, which began with the Hunstman crucible process in 1742, continued with a series of brilliant 'firsts', which gave the world tool, manganese, silicon, vanadium and stainless steel alloys. Thus the US continued to draw from Sheffield know-how, even in the twentieth century - a transfer of technology that was facilitated by the foundation of Sheffield's own subsidiary firms in America, the history of which is recounted here.
From the colonial era to 1914, America was a debtor nation in international accounts--owing more to foreigners than foreigners owed to us. By 1914 it was the world's largest debtor nation. Mira Wilkins provides the first complete history of foreign investment in the United States during that period. The book shows why the United States was attractive to foreign investors and traces the changing role of foreign capital in the nation's development, covering both portfolio and direct investment. The immense new wave of foreign investment in the United States today, and our return to the status of a debtor nation--once again the world's largest debtor nation--makes this strong exposition far more than just historically interesting. Wilkins reviews foreign portfolio investments in government securities (federal, state, and local) and in corporate stocks and bonds, as well as foreign direct investments in land and real estate, manufacturing plants, and even such service-sector activities as accounting, insurance, banking, and mortgage lending. She finds that between 1776 and 1875, public-sector securities (principally federal and state securities) drew in the most long-term foreign investment, whereas from 1875 to 1914 the private sector was the main attraction. The construction of the American railroad system called on vast portfolio investments from abroad; there was also sizable direct investment in mining, cattle ranching, the oil industry, the chemical industry, flour production, and breweries, as well as the production of rayon, thread, and even submarines. In addition, there were foreign stakes in making automobile and electrical and nonelectrical machinery. America became the leading industrial country of the world at the very time when it was a debtor nation in world accounts.
Winner of the Professional and Scholarly Publishing Award for General Engineering from the Association of American Publishers Originally published in 1996. By applying their abundant natural resources to ironmaking early in the eighteenth century, Americans soon made themselves felt in world markets. After the Revolution, ironmakers supplied the materials necessary to the building of American industry, pushing the fuel efficiency and productivity of their furnaces far ahead of their European rivals. In American Iron, 1607-1900, Robert B. Gordon draws on recent archaeological findings as well as archival research to present an ambitious, comprehensive survey of iron technology in America from the colonial period to the industry's demise at about the turn of the twentieth century. Closely examining the techniques—the "hows"—of ironmaking in its various forms, Gordon offers new interpretations of labor, innovation, and product quality in ironmaking, along with references to the industry's environmental consequences. He establishes the high level of skills required to ensure efficient and safe operation of furnaces and to improve the quality of iron product. By mastering founding, fining, puddling, or bloom smelting, ironworkers gained a degree of control over their lives not easily attained by others.
The book provides an important contribution to the technological and commercial history of crucible and electric steelmaking by thoroughly examining its development in Sheffield and American centres such as Pittsburgh. It also discusses cutlery, saw and file manufacturing, where the Americans quickly shed Sheffield's traditional technologies and, with the help of superior marketing, established a word lead by 1900. It is also shown, however, that this did not free the US from its dependence on Sheffield steel. Sheffield's innovation in special steelmaking, which began with the Hunstman crucible process in 1742, continued with a series of brilliant 'firsts', which gave the world tool, manganese, silicon, vanadium and stainless steel alloys. Thus the US continued to draw from Sheffield know-how, even in the twentieth century - a transfer of technology that was facilitated by the foundation of Sheffield's own subsidiary firms in America, the history of which is recounted here.
Contains the 4th session of the 28th Parliament through the 1st session of the 48th Parliament.
From the age of railroads through the building of the first battleships, from the first skyscrapers to the dawning of the age of the automobile, steelmakers proved central to American industry, building, and transportation. In A Nation of Steel Thomas Misa explores the complex interactions between steelmaking and the rise of the industries that have characterized modern America. A Nation of Steel offers a detailed and fascinating look at an industry that has had a profound impact on American life.