Tuesday, April 14, 2015

Steam Powered rotary press

Secular Stagnation, the long view by  Barry Eichengreen:
Range of applicability refers to the number of sectors or activities to which the key innovations can be applied. Use of the steam engine of the first industrial revolution for many years was limited to the textile industry and railways, which accounted for only a relatively small fraction of economic activity. Electrification in the second industrial revolution, says Eichengreen, had a larger impact on output and productivity growth because it affected a host of manufacturing industries, many individual households, and a wide range of activities within decades of its development.

Not quite on the steam engine. Its major impact was the steam powered rotary press which spread literature worldwide.  Widespread, low cost literature allowed the standardization of products for industry.  The paperback revolution was the web page in its era.

Innovation: Steam-Powered rotary drum printing invented
Location: United States
Year: 1843
By: Richard March Hoe
Richard March Hoe grew up in a family who owned and operated a steam powered printing manufactory. By the age of fifteen, he began to work at his family’s printing manufactory and eventually when his father died in 1833, Richard Hoe became the head of the company. By this time in his career, Hoe realized that there must be some fundamental changes to the flat bed printing press to increase the speed of the job and he began working on a solution. More than a decade later in 1843, Hoe changed the printing game forever with his invention of the steam-powered rotary printing press. The type on this press was placed on a revolving cylinder that the paper ran under, greatly increasing the speed of the job. By 1847, Hoe patented his invention and it was first commercially used in the offices of the Philadelphia Public Ledger. With the rotary printing press, publications could now print at 8,000 pages an hour, revolutionizing the world of communication forever. There was a major increase in literature and information reaching the public, as it was now possible for publications to produce large daily editions. Hoe’s invention has been modified and improved over the years, but is still used as the foundation of the modern printing press.

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