May 07, 2019 Tuesday
Bedtime Story
Crofton Estate
Johns Hopkins made his investments which
came from his income from Hopkins and Brothers Wholesalers.
It is also possible that as a family they
might have had savings from their tobacco plantation business for after all
they had a large estate at Crofton, Maryland which lies 24 miles south of
Baltimore and on the way to Washington D.C.
In 2007 the Money magazine rated Crofton as
one of the “100 Best Places to Live” in U.S.
This community in 2010 had a population of
27,348 with a population density of 4000 per square mile (Bombay’s is 73,000
per square mile).
Crofton lies in AA County or Anne Arundel
County and does not qualify as a city for reasons not clear to me but is
labeled as a planned community.
Planned communities differ from settlements
that develop in an ad hoc fashion in that such settlements are planned on a
barren land outright at their inception by the government thereby being more
organized and having less territorial disputes.
I have had the good fortune and experience
to have lived in three of several planned communities of the United States all
of which happened to be in California.
They are the Orange County, Irvine and
Anaheim Hills though to be more accurate I stayed in Anaheim rather than
Anaheim Hills as the Anaheim Hills is confined just to the eastern portion of
Anaheim just south of Yorba Linda.
The scenic range of Santa Ana Mountains
which is a short peninsular range along the coast of Southern California makes
for a scenic view and also accounts for its name.
The greatest return on investment (ROI – a
term highly regarded by Mon Ami who considers this a far more fundamental
aspect of biology and evolution of life than economics) of Hopkins came from
his investments in B & O or Baltimore and Ohio Railroad.
Return on investment in economics amounts
to the net income that came through an investment divided by the resources
invested in it.
B & O was a very new company at the
time of Hopkins that was the brain child of two men Philip E. Thomas and George
Brown who sought to find a way to bring the rapidly growing port city of
Baltimore out of economic stagnation.
The only way out - as they saw it – was to
improve its connectivity to the western states as that would enable the goods
brought into the port to be accessible to the inland mainland.
These two men are now seen as the pioneers
of American railroad but only after a careful study of one year (1826) of the
railway system and enterprise in England.
They had planned to connect Baltimore with
the Ohio River though the first step would be to link Baltimore city with
Washington DC and then spread inwards to cover at least 13 states around
Maryland.
It now on the hindsight seems to have been
a wise investment but then when the idea was conceived in 1820s was a risky
venture fraught with numerous uncertainties that were apparent even at the time
of the inception.
Stay tuned to the voice of an
average story storytelling chimpanzee or login at http://panarrans.blogspot.com
Good night Mon Ami and my fellow cousin ape.
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Another great educator and a teacher that I am aware of is
Professor Subhashish Chattopadhyay in Bangalore, India.
While I narrate stories, Professor Subhashish an electronic
engineer and a former professor at BARC, does and teaches real mathematics and
physics.
He started the participation of Indian students at the
International Physics Olympiad.
Do visit him here:
All his books can be downloaded for free through this link:
For edutainment and English education of your children, I
recommend this large collection of Halloween Songs for Kids:
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