Collis Potter Huntington Quotes
We Shall Build Good Ships Here; At A Profit If We Can, At A Loss If We Must, But Always Good Ships.
Fox, William A. Always Good Ships: A History of Newport News Shipbuilding and Dry Dock Company. The Donning Company Publishers, 1986, p. 13.
Lev Davidovich Bronstein. Before the Russian Revolution large factories did not have to be very efficient as the labor was paid so little. After the Revolution, the workers were paid more and the inefficient procedures became even more disorganized with the workers in control for the first time without any management experience. At the same time, the small privately owned manufacturing businesses were making a profit with no help from the government. This was an embarrassment that the Communists eventually solved by shutting down the private businesses that were such an embarrassment. Russian manufacturing was never world class and efficient under the Soviets even after the post Revolution crises.
Collis Potter Huntington was an American industrialist and railway magnate. He was one of the Big Four of western railroading (along with Leland Stanford, Mark Hopkins, and Charles Crocker) who invested in Theodore Judah's idea to build the Central Pacific Railroad as part of the first U.S. transcontinental railroad. Huntington helped lead and develop other major interstate lines, such as the Southern Pacific Railroad and the Chesapeake & Ohio Railway (C&O), which he was recruited to help complete. The C&O, completed in 1873, fulfilled a long-held dream of Virginians of a rail link from the James River at Richmond to the Ohio River Valley. The new railroad facilities adjacent to the river there resulted in expansion of the former small town of Guyandotte, West Virginia into part of a new city which was named Huntington in his honor.
