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Thus had Grant wrought in a seventeen-day campaign during which his army marched 180 miles, fought and won five engagements against separate enemy forces which if combined would have been almost as large as his own, inflicted 7,200 casualties at the cost of 4,300, and cooped up an apparently demoralized enemy in the Vicksburg defenses. Of all the tributes Grant received, the one he appreciated most came from his friend Sherman. “Until this moment I never thought your expedition a success,” Sherman told Grant on May 18 as he gazed down from the heights where his corps had been mangled the previous December. “I never could see the end clearly until now. But this is a campaign. This is a success if we never take the town.”6
The Illustrated Battle Cry of Freedom
James M. McPherson
A 90% decline takes the cap to $66B, 2.2x current run rate revenues & 37x a hypothetical 6% net margin. A mere 80% drop gets to a $132B cap, 4.4x revenues, and to give the bulls on Tesla not being a car company credit, still 37x a 12% hypothetical profit margin. Ridiculous. 54/
Let’s Get Ready to Tumbl...
@ChrisBloomstran on Twitter
After Stimson’s introduction Arthur Compton offered a technical review of the nuclear business, concluding that a competitor would need perhaps six years to catch up with the United States. Conant mentioned the thermonuclear and asked Oppenheimer what gestation period that much more violent mechanism would require; Oppenheimer estimated a minimum of three years. The Los Alamos director took the floor then to review the explosive forces involved. First-stage bombs, he said, meaning crude bombs like Fat Man and Little Boy, might explode with blasts equivalent to 2,000 to 20,000 tons of TNT. That was an upward revision of the estimate Bethe had supplied the Target Committee at Los Alamos in mid-May. Second-stage weapons, Oppenheimer went on—meaning presumably advanced fission weapons with improved implosion systems—might be equal to 50,000 to 100,000 tons of TNT. Thermonuclear weapons might range from 10 million to 100 million tons TNT equivalent.
Making of the Atomic Bomb
Richard Rhodes
...catch up on these, and many more highlights
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