Foundation
In 1929, the French Salmson company started a British branch company, Moteurs Salmson in Raynes Park, London, as a radial aero engine maker for the British Empire market. Taken over by British sports car racer Howard Martineau and investors in 1930, they renamed it British Salmson Aero Engines Ltd and continued production under license.
As aero engine sales proved slow, the company extended the license deal to include local production of cars from 1934.
Read more about this topic: British Salmson
Famous quotes containing the word foundation:
“Beautiful credit! The foundation of modern society. Who shall say that this is not the golden age of mutual trust, of unlimited reliance upon human promises? That is a peculiar condition of society which enables a whole nation to instantly recognize point and meaning in the familiar newspaper anecdote, which puts into the mouth of a distinguished speculator in lands and mines this remark:M”I wasn’t worth a cent two years ago, and now I owe two millions of dollars.””
—Mark Twain [Samuel Langhorne Clemens] (1835–1910)
“The foundation of empire is art & science. Remove them or degrade them, & the empire is no more. Empire follows art & not vice versa as Englishmen suppose.”
—William Blake (1757–1827)
“No genuine equality, no real freedom, no true manhood or womanhood can exist on any foundation save that of pecuniary independence. As a right over a man’s subsistence is a power over his moral being, so a right over a woman’s subsistence enslaves her will, degrades her pride and vitiates her whole moral nature.”
—Susan B. Anthony (1820–1907)