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A biography of a machine tool builder that also contains some general history of the industry. Rolt, L. T. C. (1965), A Short History of Machine Tools, Cambridge, Massachusetts, USA: MIT Press, OCLC 250074. Co-edition published as Rolt, L. T. C. (1965), Tools for the Job: a Short History of Machine Tools, London: B. T. Batsford, LCCN 65080822.
A&P was starved of capital. While A&P was publicly traded, control rested with Burger, who headed both the corporation and the Hartford Foundation. Most of A&P's profit was declared as dividends to satisfy the income needs of the trust and its heirs. A&P also remained opposed to debt financing; the only source of capital was the depreciation ...
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