Preview

Henry Crapo Durant

Better Essays
Open Document
Open Document
1904 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Henry Crapo Durant
A boy born into a wealthy family, a multi-millionaire, and a reckless investor, many people would assume William Crapo Durant was much like the shrewd and cut throat entrepreneurs associated with his times. He was not. Instead Durant became a captain of industry thanks to his boundless enthusiasm and charm. He dominated meetings with intensity when dealing with top businessmen of his time, and in turn was noted as being a gentle and compassionate individual when interacting with everyday folk. His most notable business venture was without a doubt the creation of the largest industrial operation in the history of the world, General Motors. William Crapo Durant changed the face of Michigan starting in the late nineteenth century and his effects are still prevalent today. He is not remembered as well as other auto industry leaders such as Ford and Chrysler due to the fact the car that bore his name was unsuccessful, and that he died without enough funds to institute beneficial organizations such as Henry Ford Hospital or the Mott Foundation. Despite this Durant was one of the most influential businessmen of his time, and he remains historically significant in both Michigan and the nation’s history. William Crapo Durant was born December 8th, 1861 to Rebecca Crapo, the daughter of Michigan Governor Henry Crapo, and William Clark Durant a man who met and began courting Rebecca as a clerk for a bank which she frequented. The couple had two children, Rebecca, who they called Rosa, and William, who they called Willie. The marriage unfortunately ended rather quickly due to Willie’s father being a drunk who did little to provide for the family. In a letter to Rebecca’s brother, her father wrote about her drunken husband saying, “His mind now seems to run into going into some saloon, where he thinks that he can make piles of money… He can’t think of any business worthy of his attention unless it has speculation, not to say gambling in it, or what is equally captivating to

You May Also Find These Documents Helpful

  • Good Essays

    Although the United States has one of the largest automotive markets in the world and is home to 13 auto manufacturers. I am very passionate towards General Motors (GM). General “Motors was founded by William “Billy” Durant on September 16, 1908. Durant had become a leading manufacturer of horse-drawn vehicles in Flint, MI before making his foray into the automobile industry. At its inception GM held only the Buick Motor Company, but in a matter of years would acquire more than 20 companies including Oldsmobile, Cadillac, and Oakland, today known as Pontiac”, (GM, 2014) “General Motors has played a pivotal role in the global auto industry for more than 100 years. From the first Buick horseless carriages to technological marvels like the Chevrolet Volt, our products and innovations have always excelled at putting the world on wheels” (GM, 2014). I think one of the reasons I am partial to GM is that my family has always owned them. I can remember my father telling me, “Son there’s nothing like American steel and there certainly isn’t anything better than an American made automotive.” On certain occasions my father would take me to the dealership and seeing how the Service staff provided high level of prestige service just because he owned a 1972 GMC Sierra 1500. Like days of old, GMC is the flagship series line of GM vehicles, a symbol that a person had money and is…

    • 972 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    There may be a common misconception that one must be well-educated or come from a wealthy family or have a defined list of qualities to be a successful entrepreneur. Contrary to that belief business activity transcends social class, faith, educational and family background, and the success of an entrepreneur depends on sheer passion and drive. Business leaders are susceptible to the volatility of the business market and make decisions based on their managerial style and personality. In this essay, I will compare the business careers of John R. Booth and Frederick Weyerhaeuser, and illustrate how they became the ‘Kings of the Lumber Industry’.…

    • 1810 Words
    • 8 Pages
    Powerful Essays
  • Better Essays

    Throughout its early history, Canada has experienced a large amount of growth and development in the automobile industry through the efforts of many young entrepreneurs. As the economy began to evolve from horse drawn carriages to motor vehicles, these entrepreneurs took many risks, resulting in great rewards. Gordon Morton McGregor and Herbert Austin are prime examples of entrepreneurs who achieved success in the automobile industry. McGregor and Austin were two industrialists who had a large involvement in the designing and construction of many notable automobiles in the 19th century. By examining their careers which amounted to great success and prosperity, valuable similarities and differences can be drawn from their lives. The likeness in McGregor and Austin’s characters as well as their ability to find solutions to difficult situations led to power, wealth and domination of the automobile industry.…

    • 1363 Words
    • 6 Pages
    Better Essays
  • Good Essays

    Henry Ford, an American inspiration, engineering prodigy, and business magnate, is the founder of Ford Motor Company, and guarantor of the development of mass production. Despite popular belief, Ford did not invent the automobile or assembly line, but established the first automobile that many middle-class Americans could rationalize purchasing. Transforming the luxe transportation into a practical conveyance, Ford profoundly impacted the economic landscape of the 1920s. Born in 1863 into a farm family in Dearborn, Michigan, Ford says, “It was life on the farm that drove me into devising ways and means to better transportation” (22). At an early age, Ford held an interest in mechanics, constantly thinking of new ways to improve an object’s…

    • 608 Words
    • 3 Pages
    Good Essays
  • Better Essays

    In the 1880’s, American industry grew due to many factors including “the emergence of a talented and often ruthless group of entrepreneurs” (Brinkley 396). According to those in favor of these entrepreneurs, these men worked hard, innovated technology and strategized competitively to transform the American economy; these “Captains of Industry,” such as Andrew Carnegie, Cornelius Vanderbilt, J Pierpoint Morgan and John D. Rockefeller, used their wealth to help their communities and should be honored for their philanthropy. An advocate for these entrepreneurs is John S. Gordon. As a specialist of business and financial history, Gordon claims…

    • 1182 Words
    • 5 Pages
    Better Essays
  • Good Essays

    In 1903, Charles Howard leaves his home and family in New York and travels west to seek his livelihood. Arriving in San Francisco with twenty-one cents in his pocket, he uses his charm to borrow enough money to open a small bicycle repair shop. Soon, locals who had been foolish enough to purchase a new contraption—the horseless carriage, or automobile—appear at Howard's door, seeking his advice on repairing the machines. A visionary, Howard notes the advantages the steel beasts have over the current mode of transport, the horse. He travels to Detroit to convince Will Durant, the chief of Buick and future founder of General Motors, to give him the company's automobile sales franchise for San Francisco.…

    • 3170 Words
    • 13 Pages
    Good Essays
  • Good Essays

    During the time period after the Civil War and nearing the twentieth century, America’s economy was in prime position to be molded – all America needed was someone to come along to mold it. Businesspersons like Cornelius Vanderbilt and entrepreneurs like John D. Rockefeller were prime examples of exactly whom America needed to take charge of the economy at this time; however, there was one man who was not only a self-made steel tycoon and one of the wealthiest 19th century U.S. businessmen, but a humanitarian as well. This charitable captain of industry was none other than Mr. Andrew Carnegie – who transformed himself from a young Scottish immigrant to a corporate leader and philanthropist whose name still echoes prominently throughout American society today. Although plagued by devastating events in his past, Andrew Carnegie was a captain of industry because of his smart investments and, ultimately, a philanthropist because of his selfless acts. Before owning the world’s largest steel corporation, Andrew Carnegie was a mere messenger boy for a telegraph office. It was at the telegraph office where Thomas A. Scott took a liking to Carnegie. After many years of working closely under Scott and moving up the ranks, Carnegie became superintendent of the Pennsylvania Railroad and Scott’s right hand man. Scott later gave Carnegie the task of connecting the East to the West by way of a bridge that crossed the Mississippi. On a hunt for a material that could withstand the rapid waters, Carnegie came across steel – a radically new substance that was more flexible than iron so it could handle the harsh tidewaters of the Mississippi. By the time the bridge was complete, Carnegie knew he had stumbled upon something. This new material could entirely revolutionize the building process. Carnegie may not have known the importance of what he discovered, but steel was about to become the center of Andrew Carnegie’s whole world and…

    • 786 Words
    • 23 Pages
    Good Essays
  • Good Essays

    Fred Hampton

    • 457 Words
    • 2 Pages

    Fred Hampton was born in Chicago the year of 1948; he grew up with his parents in Maywood a suburb in the city limits of Chicago. Hampton attended high school in the city of Chicago; he went to Proviso East High School. Fred Hampton would graduate in 1966 and future his educate himself in law at Trinton Junior College. While attending Trinton he decided to join the NAACP and was appointed leader of the youth council organizations west suburban branch. In November of 1968 Hampton went on to establish the Chicago chapter of the Black Panther Party. When he opened up the chapter he offered the provision of free breakfast for school children. He also used the chapter to provide medical attention to patients free of charge. To help the community he taught political education classes and instigated a community control of police project. One of Fred Hampton greatest achievements came in 1969 when he persuade the most powerful street gangs to stop fighting, he called it the Nonaggression Pact. The same year he went on to form the Rainbow Coalition a multiracial alliance of blacks, Puerto Ricans, and poor youth. That same year Hampton was arrested for stealing $71 worth of sweets that he allegedly gave away to the local children, the charges was later dropped. In 1969 the panther’s party started to gain interest from the FBI’s J Edger Hoover. The headquarters on West Monroe Street was raided three times in one year and over 100 members were arrested. In the early hours on December 4, 1969 the panther party headquarters was raided again for the fourth time. The police claimed that the panther party opened fire first and a shoot out took place. Afterwards ballistics evidence revealed that only one bullet had been fired by the panthers, meaning nearly 100 shots came from the police. During the shoot out Fred Hampton and Mark Clark was killed, witness claimed Hampton was wounded in the shoulder and then executed by a shoot to the…

    • 457 Words
    • 2 Pages
    Good Essays
  • Powerful Essays

    In the early 1900’s Henry Ford developed the idea of “a wagon that will run without a horse”.1 This idea and Ford’s success changed America and its people forever. The development of the automobile played a tremendous role in the economy, labor unions and society. Generally, when most people think of Henry Ford they reflect upon his wealth and contributions to the transportation industry as an infinitely positive phenomenon. It is thought that aside from just allowing consumers to purchase and use his inventions, he provided thousands of people with jobs and the promise of prosperity. The tale of Henry Ford’s legendary business and remarkably effective assembly line is unparalleled in American History. But when it comes to Henry Ford it is impossible to think in terms of black of white. He may have made an awesome amount of money distributing a product loved by almost everyone, but at what cost? Upton Sinclair addresses this question in The Flivver King. The Flivver King tells the story of Henry Ford and his massive business from the perspective of his workers. Contrary to popular belief, the relationship between Mr. Ford and his workers became much more frustrating and upsetting as his business progressed. World War 1 and the Great Depression damagingly effect Ford and his workers. Upton Sinclair’s story of the Shutt family depicts the changes that occurred between Henry Ford and his workers and how his growing wealth and the nations declining economy had a negative impact on his approach as a boss and business man. Abner Shutt is a loyal character and a hard worker for Henry Ford. But as the reader follows experiences he and his family encounters while working with the Ford Motor Company it is easy to realize that Henry Ford’s story of success had more tribulations than most people would have expected.…

    • 1571 Words
    • 7 Pages
    Powerful Essays
  • Good Essays

    Thomas Crapper

    • 399 Words
    • 2 Pages

    Thomas Crapper was born in Waterside, Yorkshire, in September 1836. His father Charles was a steamboat captain. When crapper was 14 he was the apprenticed of a master plumber in Chelsea. After his apprenticeship he was a journeyman plumber for three years until he founded his own company in 1861.…

    • 399 Words
    • 2 Pages
    Good Essays
  • Powerful Essays

    Henry Ford used the assembly line and incorporated his own ideas to revolutionize the auto industry and make cars a reality for the average American. “That efficiency of mass production enabled him to reduce the cost of the Model T Touring car from $950 in 1908 to just $290 in 1925 while increasing production during that time from just more than 10,000 to nearly 2 million cars per year”. (1) This obviously changed America as the average person was able to afford an automobile, but also began a dangerous standard in the auto industry of cost cutting and finding the cheapest way possible to manufacture their products. Finding the cheapest or most inexpensive way to produce their products has not only caused the auto industry, but…

    • 1946 Words
    • 8 Pages
    Powerful Essays
  • Powerful Essays

    Genuine Progress Indicator

    • 2143 Words
    • 9 Pages

    The city of Detroit, Michigan was once the most prosperous, ‘booming’ cities in the world, especially in the second half of the twentieth century. This was thanks to their automotive industry, ‘the Big 3’. ‘The Big 3’ included Ford, General Motors, and Chrysler, who all have their world…

    • 2143 Words
    • 9 Pages
    Powerful Essays
  • Satisfactory Essays

    patrick henry

    • 380 Words
    • 1 Page

    When Patrick henry gave his speech he knew that not everyone would accept what he had to say. To me everyone should have the courage to stand up for what they believe in no matter how everyone else will view it. Patrick Henry gave this speech because he felt that they were not treated as equals and had the right to be treated equally. Everyone should be treated equally. In 1775 and in today’s society all the government cares about is power and money not the citizens of the United States, it’s more like what the citizens of the United States can give them. In his speech he gave all the reasons why the government is messed up and everything that they have done to their people. He did his research before standing up in front of the crowd and telling them what he found out and his opinion on the situation. When he stood up and talked he had no notes he spoke openly about what he believed in and why. I liked how passionate and fiery, he was with regards to the situation with Britain. Henry felt that Britain has done wrong, and British wanted to feel superior. That was my same viewpoint, it just seemed like the British did whatever they wanted, and never cared about the colonists. Like Patrick Henry had said we are more likely to look away or shut our eyes against the truth and listen to the song of the siren till she transforms us into beats! This is still going on today in 2014, we listen to the media and our friends and families instead of us developing our own opinions and standing up for what we believe in. Eventually everything that we listen to will turn us into beasts, everything that we listen to whether it be the media or anyone else they could be filling our head with false information. We don’t know the truth we only know the truth that they want us to know. Patrick Henry and his followers weren’t backing down they were standing up for their rights and for what they believed in. To me that is very inspiring and many more people should follow…

    • 380 Words
    • 1 Page
    Satisfactory Essays
  • Good Essays

    Henry David Horatii

    • 507 Words
    • 3 Pages

    As Neoclassical are typically more conservative essentially that focus on reason, thought and history rather than characterized by emotional expression. The figures in David’s painting are obscured the sentiment, but through the expression of body language. The Horatii’s arm are pointed and firm to extend all the way through their fingertips to an inch from the blades. The position of the Horatii are reaching strongly in order to take the swords from the father; all of them stand steady and strong in muscle. The father holds the swords over his head, grips them tightly and all the men intently gaze at the swords. It stresses that all four of them are highly value of what the swords stand for, the Horatii are confident in taking up the swords. While the men are…

    • 507 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    References: Banham, R., & Newman, P. (2002). The Ford century: Ford Motor Company and the innovations that shaped the world. New York: Workman.…

    • 339 Words
    • 2 Pages
    Satisfactory Essays