Decline and Current Use
The prosperity of the stockyards was due to both the concentration of railroads and the evolution of refrigerated railroad cars. Its decline was due to further advances in post-World War II transportation and distribution. Direct sales of livestock from breeders to packers, facilitated by advancement in interstate trucking, made it cheaper to slaughter animals where they were raised and excluded the intermediary stockyards. At first, the major meatpacking companies resisted change, but Swift and Armour both surrendered and vacated their plants in the Yards in the 1950s.
In 1971, the area bounded by Pershing Road, Ashland, Halsted, and 47th Street became The Stockyards Industrial Park. The neighborhood to the west and south of the industrial park is still known as Back of the Yards, and is still home to a thriving immigrant population.
Read more about this topic: Union Stock Yards
Famous quotes containing the words decline and, decline and/or current:
“Or else I thought her supernatural;
As though a sterner eye looked through her eye
On this foul world in its decline and fall,
On gangling stocks grown great, great stocks run dry,
Ancestral pearls all pitched into a sty,
Heroic reverie mocked by clown and knave....”
—William Butler Yeats (1865–1939)
“Our achievements speak for themselves. What we have to keep track of are our failures, discouragements, and doubts. We tend to forget the past difficulties, the many false starts, and the painful groping. We see our past achievements as the end result of a clean forward thrust, and our present difficulties as signs of decline and decay.”
—Eric Hoffer (1902–1983)
“You will belong to that minority which, according to current Washington doctrine, must be protected in its affluence lest its energy and initiative be impaired. Your position will be in contrast to that of the poor, to whom money, especially if it is from public sources, is held to be deeply damaging.”
—John Kenneth Galbraith (b. 1908)