WEBVTT - War, Exploration and Beer: How the Tin Can Changed the World 

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<v Speaker 1>Pushkin too quick. No, it's perfect Pushkin stuff. You got it.

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<v Speaker 1>delighted to have you listen to the show in whatever

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<v Speaker 1>way you want to listen to it. Thank you for

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<v Speaker 1>your attention to this matter, Jacob.

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<v Speaker 2>Today's show has everything. It's got drama, it's got war,

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<v Speaker 2>military exploits, wild inventions, corporate intrigue. It has both monopoly

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<v Speaker 2>and trust busting, yes, both sides. And it has a

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<v Speaker 2>polar expedition trapped in ice. And it is all this

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<v Speaker 2>entire story packed into this little guy right here. A can,

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<v Speaker 2>A tin can. The tin can is so ubiquitous, so simple,

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<v Speaker 2>you never think about it, and yet I have thought

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<v Speaker 2>a lot about it. It is the complete and total

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<v Speaker 2>perfection of a technology. It is cheap, it is small,

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<v Speaker 2>you can recycle it. It does its job food. Whatever's

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<v Speaker 2>in this one I took the label off lasts for years.

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<v Speaker 1>But beyond that.

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<v Speaker 2>Railroads are interesting, sure, Chips and computers, yeah, somewhat transformative.

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<v Speaker 2>But the can is time travel, endless, summer packed in tin.

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<v Speaker 2>I'm Robert Smith, I'm.

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<v Speaker 1>Jacob Goldstein, and this is Business History, a show about

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<v Speaker 1>the history of business today.

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<v Speaker 2>On the show, not one, not two, but three stories

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<v Speaker 2>about cans. The can spans two hundred years, and I

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<v Speaker 2>brought along the perfect can for each act.

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<v Speaker 1>Act one.

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<v Speaker 2>Our first can Napoleon brand baby corn. It represents the

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<v Speaker 2>birth of canning technology in France. Our second can Heinz

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<v Speaker 2>baked beans, development of the tin in the UK. And

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<v Speaker 2>this the humble can of beer represents American corporate takeover

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<v Speaker 2>of the entire industry. Oh it's fine, it's fine, my

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<v Speaker 2>dad drinking. Sure, let's metaphorically open can number one. Napoleon,

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<v Speaker 2>baby corn, and the military culinary complex. So back in

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<v Speaker 2>the seventeen nineties, Napoleon Bonaparte had a problem invading Russia.

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<v Speaker 2>Not yet, not yet, it's before that. His problem was

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<v Speaker 2>a way for him to build up the strength to

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<v Speaker 2>invade Russia. His problem was putrid, disgusting food for his troops,

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<v Speaker 2>rotting food. So this is after the French Revolution, royals beheaded,

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<v Speaker 2>no more kings. France is being run by something called

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<v Speaker 2>the Directory.

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<v Speaker 1>I would think it would be the direct Diurete, but

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<v Speaker 1>apparently it's not.

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<v Speaker 2>The Directory, the Directoire, right, And Napoleon's not yet in charge,

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<v Speaker 2>but you know, he's pretty close. He's running the military.

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<v Speaker 2>He's waging these military care campaigns for France in places

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<v Speaker 2>like Italy and Egypt. And you know, especially if you're

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<v Speaker 2>going to Egypt, right, Like, food is a huge problem.

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<v Speaker 2>In order to feed your troops, you have to go

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<v Speaker 2>to these really extreme measures. Now, people have done this

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<v Speaker 2>for hundreds of years, right, thousands of years. You could

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<v Speaker 2>dry meat, you could smoke meat, you could salt meat.

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<v Speaker 2>You know, it's tough, it doesn't taste very good, but

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<v Speaker 2>it lasts for a while. For vegetables, you could pickle

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<v Speaker 2>them in vinegar. This was a common thing. Again, it

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<v Speaker 2>doesn't taste great, right once in a while. But if

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<v Speaker 2>you think six months on beef, jerky and pickles, I

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<v Speaker 2>think it's bad.

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<v Speaker 1>You're not going to be a fighting shape.

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<v Speaker 2>Bad for the digestion. And that's what Napoleon realized was

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<v Speaker 2>that this wasn't just a logistical problem. This was a

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<v Speaker 2>morale problem. And especially if they're French, they're very demanding

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<v Speaker 2>about this thing.

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<v Speaker 1>Right. Oh, they had this thing called hard tech heart tach.

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<v Speaker 2>It's a cracker, thick flower and water cracker that's like

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<v Speaker 2>been baked four times. There is no moisture whatsoever in it.

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<v Speaker 2>It breaks your teeth. They call it a molar breaker.

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<v Speaker 2>So Napoleon says, okay, we need to have some sort

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<v Speaker 2>of food so I can go on these long campaigns,

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<v Speaker 2>you know, the Russian winter and all. And in seventeen

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<v Speaker 2>ninety five, the French government, urged on by Napoleon, decides

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<v Speaker 2>to do something. The government offers a prize twelve thousand

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<v Speaker 2>francs small fortune at the time for anyone who could

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<v Speaker 2>come up with a way to preserve large quantities of food.

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<v Speaker 1>I love prizes as incentives for technological breakthroughs, right, Like,

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<v Speaker 1>it's an interesting kind of big economic idea. Right, How

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<v Speaker 1>do you if you're a government and you want some

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<v Speaker 1>technological breakthrough to emerge in the world, how do you

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<v Speaker 1>incentivize that Napoleon is not inventing this idea? Right? Decades earlier,

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<v Speaker 1>the British had famously done something similar for a transportation

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<v Speaker 1>problem of their own. They needed a way for ships

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<v Speaker 1>to figure out longitude. Right could figure out latitude by

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<v Speaker 1>the stars, but longitude was hard, and the British, I

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<v Speaker 1>guess early in the seventeen hundreds, issued a prize for

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<v Speaker 1>that and it worked. Somebody invented a clock that works

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<v Speaker 1>on a ship and that is enough to tell you

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<v Speaker 1>longitude and this still goes on. Interestingly, this is not

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<v Speaker 1>some antiquated thing. The one that came to my mind

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<v Speaker 1>was the DARPA Grand Challenge in the US funded by

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<v Speaker 1>the US military basically the US government in the early

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<v Speaker 1>twenty first century, which was for self driving cars, and

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<v Speaker 1>it really gave birth to the modern self driving car

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<v Speaker 1>industry that is sort of flourishing today.

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<v Speaker 2>Yeah. Yeah, So this is what Napoleon does with cans,

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<v Speaker 2>which are sort of the autonomous vehicles of their day,

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<v Speaker 2>really sort of right, And the prizes run through something

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<v Speaker 2>called the Society for the Encouragement of National Industry does

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<v Speaker 2>exactly what it says, right, and the nation's scientists start.

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<v Speaker 1>Working on it.

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<v Speaker 2>But to your point, you could not have predicted who

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<v Speaker 2>won this prize because it did not go to a

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<v Speaker 2>scientist or a biologist, someone who worked with the government.

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<v Speaker 2>It comes from this unlikely hero. His name is Nicholas Francois,

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<v Speaker 2>a Pierre, not a biologist, not a chemist.

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<v Speaker 1>He's a chef, perfect par fai.

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<v Speaker 2>Technically a candy maker, right. He candies fruits and jams.

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<v Speaker 2>He's sort of famous in Paris, and by all accounts

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<v Speaker 2>a very jovial guy. Right. He's a candy maker, He's

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<v Speaker 2>the candy man. He's bald, he has these mischievous devil eyebrows.

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<v Speaker 2>No training, but he spent his life in hospitality. He

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<v Speaker 2>bottled wine for the revolutionaries during the fighting. So in

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<v Speaker 2>seventeen ninety five a pair hears about this prize and

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<v Speaker 2>in the back of his shop at night, he starts experimenting. Now,

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<v Speaker 2>at this point, there is no scientific theory for why

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<v Speaker 2>things spoil. You know, maybe the humors are bad, or

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<v Speaker 2>demons get into the butter.

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<v Speaker 1>They know bacteria exists, but they don't know germs cause disease.

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<v Speaker 1>They don't know what's going on.

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<v Speaker 2>Yeah, Louis Pastor hadn't even been born yet, right, he's

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<v Speaker 2>going to come in fifty sixty years later. So in

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<v Speaker 2>his candy shop appairs basically doing trial and error to

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<v Speaker 2>preserve food. He starts with different containers. He starts with

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<v Speaker 2>champagne bottles, which apparently is the most popular thing. A

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<v Speaker 2>rans they're just lying around, but he's.

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<v Speaker 1>Like, and I guess he's thinking, like wine gets preserved,

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<v Speaker 1>Champagne is preserved when it's in the bottle. Something's happening there.

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<v Speaker 2>Yeah, And honestly, maybe it was the bottle, like they

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<v Speaker 2>just didn't know, right, So he starts trying preserving food

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<v Speaker 2>in champagne. Maybe it sort of works sometimes, right, then

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<v Speaker 2>he has specialty made jars because you know, getting the

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<v Speaker 2>chicken leg into the champagne bottle. I know we've all

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<v Speaker 2>tried it. It does not work well. So he starts

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<v Speaker 2>filling them with different foods. He starts different ways of

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<v Speaker 2>sealing them, wax, cork, cooking them at different temperatures. Hundreds

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<v Speaker 2>of bottles he's doing this, He's checking them weeks later,

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<v Speaker 2>months later. Neighbors report that sometimes they would go into

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<v Speaker 2>the back of his shop and they would be like

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<v Speaker 2>meat slurry on the ceiling because his bottles had exploded.

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<v Speaker 2>And then he had as an insight, right, he'd made champagne,

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<v Speaker 2>he made wine, and he knows that wine works better,

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<v Speaker 2>just tastes better if you get all of the air

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<v Speaker 2>out of it. Doesn't know why, but he's like, well,

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<v Speaker 2>I'm going to try this with meat. I'm going to

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<v Speaker 2>essentially take my jar, fill it up to the very

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<v Speaker 2>top with meat, steal it with no air, and then

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<v Speaker 2>slowly start boiling it, really get it up to temperature,

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<v Speaker 2>because you can't have it rapidly boiling or it will explode.

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<v Speaker 2>He experiments like this for ten years, ten years, ten years, which,

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<v Speaker 2>if you think about it right, you have to You

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<v Speaker 2>don't know if it's worked until you've waited a month,

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<v Speaker 2>two months.

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<v Speaker 1>It's hard to iterate. You can't get that many iterations

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<v Speaker 1>in a year.

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<v Speaker 2>Yeah, and so he figures out that like, essentially, if

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<v Speaker 2>you don't boil it enough, it's going to kill you.

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<v Speaker 2>But if you boil it too long, the food will

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<v Speaker 2>be destroyed, you know. So he's thinking about hospitality and

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<v Speaker 2>how someone will want to eat it. It's not just

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<v Speaker 2>a technical thing, it's how do I make get appetizing

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<v Speaker 2>And it seems to be working at this point ten

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<v Speaker 2>years later. But he has to test it the most

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<v Speaker 2>extreme tests you can have for a can of food.

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<v Speaker 2>In eighteen oh sixty, goes to the French Navy with

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<v Speaker 2>an experiment. He packs eighteen different foods, including green beans, peas, plums, meats,

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<v Speaker 2>seals them, boils them, hands them to a French captain

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<v Speaker 2>and says, do your worst. They set sail for four months,

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<v Speaker 2>the summer heat, the roll of the waves, gnarly sailors,

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<v Speaker 2>I don't know. Four months later they have a shipboard ceremony.

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<v Speaker 2>They bring out the jars. One of them is a

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<v Speaker 2>jar of preserved partridges in gravy, very popular in France

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<v Speaker 2>at the time. They open it up, doesn't explode, sniff it,

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<v Speaker 2>it's all right. No mold, smells like stew, and they

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<v Speaker 2>taste it and the woila in crob fresh as a

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<v Speaker 2>Montmont cafe sort of probably Partridges, right, this is it, right,

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<v Speaker 2>No more rancid salt pork for the troops. Like he

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<v Speaker 2>has solved the problem. In eighteen oh nine, the Society

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<v Speaker 2>of Encouragement gather as they eat his summer peas in

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<v Speaker 2>the middle of winter, and they declare a pair the winner.

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<v Speaker 2>Napoleon personally approves the prize payment, but there is a catch.

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<v Speaker 2>A pair had a dream of becoming very rich on

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<v Speaker 2>his discovery. It's not a scientist, he's a businessman. He

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<v Speaker 2>runs a shop.

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<v Speaker 1>Right.

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<v Speaker 2>He had already started to sell glass preserved foods at

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<v Speaker 2>the Maisson de a Paire, his shop.

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<v Speaker 1>Right.

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<v Speaker 2>He wanted to patent his discovery make a fortune, but

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<v Speaker 2>the French government said, wait.

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<v Speaker 1>Just a minute.

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<v Speaker 2>We know you won, but at this point this is

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<v Speaker 2>critical technology for the nation. In order to get the prize,

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<v Speaker 2>you have to publish your findings, show everyone your secrets,

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<v Speaker 2>but you can't own the intellectual property. That's what the

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<v Speaker 2>money is for. Yeah, that's what the prize is for.

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<v Speaker 2>They're buying it from him. They do give him a

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<v Speaker 2>choice and says, fine, I will take the money and

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<v Speaker 2>He wrote a book which you can read to this day.

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<v Speaker 2>I read the whole thing. It's not just about the

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<v Speaker 2>theory of preserving food. Canning as they called it. By

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<v Speaker 2>the way, the can is not for the physical can,

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<v Speaker 2>it's for canister. So jars are canning. Cans are canning.

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<v Speaker 1>Right.

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<v Speaker 2>The name of his book is the art of preserving

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<v Speaker 2>all kinds of animal and vegetable substances for many years.

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<v Speaker 2>So it is like canning for dummies. It's a canning cookbook.

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<v Speaker 2>It's an exact canning cookbook. Here, read a little bit

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<v Speaker 2>about the summer peas.

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<v Speaker 1>Put them in the water bath in order to boil

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<v Speaker 1>for an hour and a half when the season is

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<v Speaker 1>cool and moist, and two hours when it's hot and dry. Yeah,

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<v Speaker 1>it depends on the weather. Love that well, this is

0:13:00.200 --> 0:13:02.200
<v Speaker 1>ten years of experimentation talking.

0:13:02.440 --> 0:13:05.880
<v Speaker 2>This guy knows right, and so at this point, Like

0:13:06.120 --> 0:13:09.240
<v Speaker 2>a Pair is pretty famous in France. He publishes this book.

0:13:09.640 --> 0:13:13.400
<v Speaker 2>Napoleon now has his wagons filled with canned peas. They

0:13:13.400 --> 0:13:17.000
<v Speaker 2>call it food a la a pear. So a Pair

0:13:17.120 --> 0:13:20.479
<v Speaker 2>uses his prize to build the first food preservation facility.

0:13:20.760 --> 0:13:22.600
<v Speaker 2>He is going to make money off of this. He

0:13:22.720 --> 0:13:25.920
<v Speaker 2>tries and at this point, they're very expensive. This is

0:13:26.000 --> 0:13:28.640
<v Speaker 2>essentially bespoke, handmade vegetables.

0:13:28.720 --> 0:13:28.880
<v Speaker 1>Right.

0:13:29.200 --> 0:13:31.439
<v Speaker 2>He sells it only to the very rich of French society,

0:13:32.000 --> 0:13:34.760
<v Speaker 2>but they're the first people on earth to experience this

0:13:34.920 --> 0:13:38.760
<v Speaker 2>like radical idea that you did not have to eat

0:13:39.000 --> 0:13:40.520
<v Speaker 2>what's in season right now.

0:13:40.920 --> 0:13:42.360
<v Speaker 1>It just never occurred like that.

0:13:42.400 --> 0:13:45.880
<v Speaker 2>You could have peaches or strawberries if it wasn't the summer.

0:13:46.400 --> 0:13:49.120
<v Speaker 2>Like that's insane. It just never happened. But all of

0:13:49.160 --> 0:13:51.200
<v Speaker 2>a sudden you could walk in the middle of a

0:13:51.200 --> 0:13:54.040
<v Speaker 2>Parisian winter and see all these things and bring them home. Right,

0:13:54.360 --> 0:13:57.400
<v Speaker 2>it was amazing. Now, at this point Napoleon is in charge,

0:13:57.640 --> 0:13:59.880
<v Speaker 2>decides he's going to try to take over Europe and

0:13:59.920 --> 0:14:02.920
<v Speaker 2>be well fed at the same time, and this would

0:14:02.920 --> 0:14:06.560
<v Speaker 2>come back to bite Nicholas a pair after the break,

0:14:06.960 --> 0:14:10.000
<v Speaker 2>the military weapon of preserved food leaks.

0:14:09.920 --> 0:14:11.120
<v Speaker 1>To francis enemies.

0:14:11.800 --> 0:14:34.080
<v Speaker 2>It's jars versus tins on the battlefield.

0:14:39.680 --> 0:14:42.560
<v Speaker 1>Okay, we're back from the break. It is time now

0:14:42.600 --> 0:14:45.880
<v Speaker 1>for the story of Can number two. Can number two.

0:14:45.960 --> 0:14:50.520
<v Speaker 2>You may recall Heinz Baked Beans technically an American company

0:14:50.560 --> 0:14:52.720
<v Speaker 2>but very popular in the UK. This is the UK

0:14:52.880 --> 0:14:57.680
<v Speaker 2>version and this chapter is about the mass market for cans.

0:14:58.920 --> 0:15:03.440
<v Speaker 2>Mere months after a Pair publishes his strict instructions and

0:15:03.440 --> 0:15:06.520
<v Speaker 2>how to put food in a jar, a patent application

0:15:06.920 --> 0:15:10.000
<v Speaker 2>is filed, not in Paris but in London, across the

0:15:10.000 --> 0:15:14.760
<v Speaker 2>English Channel. And it's not just about jars, like any patent,

0:15:15.200 --> 0:15:18.680
<v Speaker 2>any good patents out there, it lists everything the inventor

0:15:18.720 --> 0:15:20.760
<v Speaker 2>can think of, right, all the ways you can think

0:15:20.800 --> 0:15:25.360
<v Speaker 2>to put food into a container. Bottles yes, jars, yes, pottery,

0:15:25.680 --> 0:15:27.760
<v Speaker 2>I don't know. It didn't catch on And crucially for

0:15:27.840 --> 0:15:33.680
<v Speaker 2>our story, iron covered in tin. And surprisingly, the patent

0:15:33.760 --> 0:15:36.640
<v Speaker 2>is not from our inventor, Nicholas a Pair. It is

0:15:36.640 --> 0:15:39.560
<v Speaker 2>from a merchant who, as far as we know, had

0:15:39.640 --> 0:15:43.640
<v Speaker 2>no food experience whatsoever. His name's on various patents through

0:15:43.680 --> 0:15:45.920
<v Speaker 2>the years. His name is Peter Durant.

0:15:46.160 --> 0:15:48.720
<v Speaker 1>So it's he like a nineteenth century patent troll, just

0:15:48.800 --> 0:15:51.480
<v Speaker 1>pile it up intellectual property. Does he start suing people?

0:15:52.080 --> 0:15:53.280
<v Speaker 1>It's interesting.

0:15:53.360 --> 0:15:55.000
<v Speaker 2>We don't know what he's up to, But when you

0:15:55.040 --> 0:15:57.640
<v Speaker 2>look at the fine print of the patent, he doesn't

0:15:57.960 --> 0:16:01.000
<v Speaker 2>really say it's his idea. He says, I'm quoting here

0:16:01.360 --> 0:16:05.520
<v Speaker 2>an invention communicated to him by a certain foreigner. Residing

0:16:05.560 --> 0:16:10.040
<v Speaker 2>abroad are. It does not say who the unnamed foreigner is,

0:16:10.200 --> 0:16:13.200
<v Speaker 2>but at this point England France are bitter rivals. You

0:16:13.240 --> 0:16:16.880
<v Speaker 2>can understand why a pair or anyone else wouldn't want

0:16:16.880 --> 0:16:19.320
<v Speaker 2>to sell military secrets to the British, right, it makes

0:16:19.360 --> 0:16:22.720
<v Speaker 2>total sense. Napoleon would throw you in jail, kill you.

0:16:22.840 --> 0:16:24.240
<v Speaker 1>Right now?

0:16:25.360 --> 0:16:28.120
<v Speaker 2>Is Durand a frontman for Nicholas?

0:16:28.200 --> 0:16:30.280
<v Speaker 1>A pair? We don't know.

0:16:30.800 --> 0:16:33.520
<v Speaker 2>We know he's granted this patent in the UK and

0:16:33.560 --> 0:16:35.920
<v Speaker 2>takes it to the US, and then almost immediately he

0:16:36.000 --> 0:16:38.880
<v Speaker 2>sells the patent to someone who actually makes it happen

0:16:38.920 --> 0:16:41.240
<v Speaker 2>for about a thousand quid. Right, So the man who

0:16:41.280 --> 0:16:45.920
<v Speaker 2>buys the patent is Brian Duncan. And he was exactly

0:16:46.240 --> 0:16:48.560
<v Speaker 2>what the Can needed. He was just a practical guy

0:16:48.560 --> 0:16:49.480
<v Speaker 2>who solved problems.

0:16:49.520 --> 0:16:49.680
<v Speaker 1>Right.

0:16:49.920 --> 0:16:53.360
<v Speaker 2>He developed the first machinery to make paper. I know

0:16:53.400 --> 0:16:56.840
<v Speaker 2>people had handmade paper, right, and he's the one that said, no,

0:16:56.880 --> 0:16:58.840
<v Speaker 2>you can have giant machines to make paper.

0:16:58.880 --> 0:17:01.360
<v Speaker 1>Seems remarkably late, but I guess not because the Industrial

0:17:01.400 --> 0:17:03.960
<v Speaker 1>Revolution had just come along, right. Everything was hand made

0:17:04.000 --> 0:17:05.480
<v Speaker 1>until basically they.

0:17:05.440 --> 0:17:08.879
<v Speaker 2>Yeah, and he had already patented and manufactured the first

0:17:09.119 --> 0:17:14.359
<v Speaker 2>steel pen, which if you think about it, a pen

0:17:14.600 --> 0:17:15.840
<v Speaker 2>is like a can.

0:17:15.639 --> 0:17:19.080
<v Speaker 1>For ink, a tiny can, a tiny thin can for ink.

0:17:19.440 --> 0:17:22.280
<v Speaker 2>So Brian Duncan already had a factory like ready to go,

0:17:22.760 --> 0:17:25.080
<v Speaker 2>and at this point you could sort of see that

0:17:25.280 --> 0:17:29.760
<v Speaker 2>like military and governments are good encouraging innovation, and they're

0:17:29.800 --> 0:17:35.120
<v Speaker 2>great as first purchasers of products because they'll pay anything, right,

0:17:35.320 --> 0:17:38.960
<v Speaker 2>but they're not the best at creating cheap, efficient products.

0:17:39.280 --> 0:17:41.840
<v Speaker 2>And for preserved foods to become a worldwide phenomenon, this

0:17:41.920 --> 0:17:45.000
<v Speaker 2>is going to take a half century of Brian Duncan's work, right.

0:17:45.240 --> 0:17:47.600
<v Speaker 1>This is an important idea. You hear it all the

0:17:47.640 --> 0:17:51.560
<v Speaker 1>time now from people starting companies. This idea that we

0:17:51.600 --> 0:17:56.879
<v Speaker 1>think about the breakthrough the prototype, but in fact, going

0:17:56.880 --> 0:17:59.159
<v Speaker 1>from the prototype, which is sort of where France, this

0:17:59.200 --> 0:18:01.320
<v Speaker 1>is a little bit past that, but it's not at scale,

0:18:01.440 --> 0:18:05.439
<v Speaker 1>it's not for everybody. It's this military technology that rich

0:18:05.480 --> 0:18:08.360
<v Speaker 1>people are also using. Going from that to the cheap

0:18:08.440 --> 0:18:12.000
<v Speaker 1>ubiquitous thing is in many ways harder and more important

0:18:12.119 --> 0:18:13.240
<v Speaker 1>than the initial breakthrough.

0:18:13.760 --> 0:18:16.680
<v Speaker 2>Yeah, and in fact, we think about patents right as

0:18:16.680 --> 0:18:20.000
<v Speaker 2>this protection for the inventor, but it's more than that,

0:18:20.119 --> 0:18:23.240
<v Speaker 2>Like patents are away for someone to have a protection

0:18:23.440 --> 0:18:26.960
<v Speaker 2>while they do what you're talking about, while they perfect

0:18:27.119 --> 0:18:28.760
<v Speaker 2>the technology and make it actually happen well.

0:18:28.800 --> 0:18:32.679
<v Speaker 1>And the other thing about patents is they force you

0:18:32.760 --> 0:18:35.240
<v Speaker 1>to share how to do it, which is part of

0:18:35.280 --> 0:18:37.439
<v Speaker 1>the idea. You could keep it a trade secret if

0:18:37.480 --> 0:18:39.240
<v Speaker 1>you want. If you figure something out, you could just

0:18:39.280 --> 0:18:42.280
<v Speaker 1>not tell anybody and own it for as long as

0:18:42.440 --> 0:18:43.560
<v Speaker 1>nobody else figures it out.

0:18:43.600 --> 0:18:46.840
<v Speaker 2>Yeah, Coca Cola didn't patent the precise and stamos for

0:18:46.920 --> 0:18:47.720
<v Speaker 2>Coca Cola.

0:18:47.800 --> 0:18:49.840
<v Speaker 1>So the patent is a trade off. You get to

0:18:49.880 --> 0:18:52.480
<v Speaker 1>own the intellectual property for a fixed amount of time

0:18:52.800 --> 0:18:54.040
<v Speaker 1>and then everybody knows.

0:18:54.440 --> 0:18:57.359
<v Speaker 2>Now Brian Doncan has to actually make this happen at scale.

0:18:57.720 --> 0:19:00.280
<v Speaker 2>They decide they're going to go for cans. No more

0:19:00.320 --> 0:19:02.879
<v Speaker 2>exploding bottles, right, it doesn't make any sense right to

0:19:02.920 --> 0:19:06.960
<v Speaker 2>try and transport food long distances in glass. And also,

0:19:07.560 --> 0:19:12.200
<v Speaker 2>just as France had a lot of champagne bottling technology,

0:19:12.400 --> 0:19:15.560
<v Speaker 2>Britain at this point is the leader in metal technology.

0:19:15.880 --> 0:19:19.639
<v Speaker 2>So Brian Duncan and its partners Gamble and Hall, I believe,

0:19:19.680 --> 0:19:21.879
<v Speaker 2>and it's Dunk and Gamble and Hall or Duncan, holl

0:19:21.920 --> 0:19:24.840
<v Speaker 2>and Gamble something like that. They take this suspicious pattern,

0:19:24.920 --> 0:19:27.480
<v Speaker 2>and they get to work and they immediately see that

0:19:27.640 --> 0:19:30.280
<v Speaker 2>metal is the way to go for the future of

0:19:30.400 --> 0:19:34.240
<v Speaker 2>canning technology because glass is kind of stupid. Right, You're

0:19:34.240 --> 0:19:36.840
<v Speaker 2>trying to transport food and glass and you have to

0:19:36.880 --> 0:19:38.879
<v Speaker 2>like treat it like a little baby. And they'd already

0:19:38.880 --> 0:19:42.280
<v Speaker 2>been developing cooking utensils which were made of iron but

0:19:42.440 --> 0:19:45.320
<v Speaker 2>covered in tin. So you have the iron makes it

0:19:45.359 --> 0:19:48.240
<v Speaker 2>strong and cheap, right, but you have this non reactive

0:19:48.280 --> 0:19:51.560
<v Speaker 2>tin coating so that everything doesn't taste like iron.

0:19:52.280 --> 0:19:53.119
<v Speaker 1>Yeah, yeah, yeah.

0:19:53.160 --> 0:19:56.880
<v Speaker 2>And so in eighteen twelve Duncan sets up the first

0:19:56.880 --> 0:20:00.639
<v Speaker 2>can factory. And to your point about innovations, right, the

0:20:00.680 --> 0:20:03.840
<v Speaker 2>first cans do not look like this the cans we

0:20:03.880 --> 0:20:04.399
<v Speaker 2>have today.

0:20:05.200 --> 0:20:07.760
<v Speaker 1>They're not thin at all. What do they look like.

0:20:07.920 --> 0:20:11.359
<v Speaker 2>They are four to twenty pounds apiece, they have thick

0:20:11.560 --> 0:20:14.919
<v Speaker 2>sodder seams of lead. They're about the size of a

0:20:14.920 --> 0:20:18.320
<v Speaker 2>paint can. And Donkan can make six of them per hour.

0:20:18.840 --> 0:20:23.200
<v Speaker 1>Technology. I mean, it's not gonna feed the.

0:20:23.119 --> 0:20:27.040
<v Speaker 2>World yet, it's gonna get better, right, But Duncan is

0:20:27.080 --> 0:20:30.760
<v Speaker 2>already thinking like a marketer. So as soon as he's

0:20:30.800 --> 0:20:35.119
<v Speaker 2>got this giant kettle bill filled with meat, he sends

0:20:35.160 --> 0:20:38.120
<v Speaker 2>it off to the Duke of Wellington and the Royal family.

0:20:38.600 --> 0:20:40.520
<v Speaker 2>You know, you gotta try this, right. I'm sure that

0:20:40.600 --> 0:20:43.160
<v Speaker 2>they don't open them themselves. They have people for this,

0:20:43.480 --> 0:20:46.560
<v Speaker 2>but they bring it to the table and they love it.

0:20:46.880 --> 0:20:47.320
<v Speaker 1>They love it.

0:20:47.320 --> 0:20:50.560
<v Speaker 2>The Royal family is like, this is perfection, tasty, right.

0:20:50.760 --> 0:20:53.679
<v Speaker 2>So he's got that stamp of approval, gets government contracts

0:20:53.680 --> 0:20:54.920
<v Speaker 2>for the British Army, British Navy.

0:20:54.960 --> 0:20:56.520
<v Speaker 1>They'll pay anything for this, right.

0:20:56.400 --> 0:21:00.000
<v Speaker 2>Because they're now fighting Napoleon, you know, so setting aside

0:21:00.040 --> 0:21:02.560
<v Speaker 2>like the military strategy, you know, you could picture the

0:21:02.600 --> 0:21:05.240
<v Speaker 2>Battle of Waterloo. However you picture the Battle of Waterloo,

0:21:05.280 --> 0:21:08.600
<v Speaker 2>I picture it as the French eating partridges in gravy

0:21:08.760 --> 0:21:11.679
<v Speaker 2>stored in bottles, and on the British side roast beef

0:21:11.800 --> 0:21:14.720
<v Speaker 2>and carrot soup. I never finished the story of our

0:21:14.760 --> 0:21:18.760
<v Speaker 2>French candy maker, Nicholas, a pair legend. He tried to

0:21:18.800 --> 0:21:21.399
<v Speaker 2>stay in the canning business. He built a factory in

0:21:21.440 --> 0:21:23.960
<v Speaker 2>the town of Massi, outside Paris and France. He was

0:21:24.000 --> 0:21:26.800
<v Speaker 2>making a go at marketing the technology. He was even

0:21:26.840 --> 0:21:32.639
<v Speaker 2>experimenting with square cans la la I know, easier to stack,

0:21:32.760 --> 0:21:34.120
<v Speaker 2>easier to ship.

0:21:34.160 --> 0:21:37.080
<v Speaker 1>Aikia I feel like Aikia should be making square cans

0:21:37.160 --> 0:21:38.200
<v Speaker 1>flat pack cans.

0:21:38.240 --> 0:21:42.040
<v Speaker 2>It has more weak points, I know, but you know,

0:21:42.080 --> 0:21:44.480
<v Speaker 2>a pair is like trying to make this happen. But

0:21:44.600 --> 0:21:48.320
<v Speaker 2>in eighteen fourteen, his main man, Napoleon, plunged the entire

0:21:48.320 --> 0:21:53.680
<v Speaker 2>continent into war. Remember Prussian and Austrian forces destroy his factory.

0:21:54.280 --> 0:21:57.200
<v Speaker 2>Huh karma, You know you help the military and the

0:21:57.240 --> 0:22:00.600
<v Speaker 2>military comes back to bite you. The government let him

0:22:00.640 --> 0:22:03.119
<v Speaker 2>rebuild in Paris, gave him money to switch from glass

0:22:03.119 --> 0:22:06.240
<v Speaker 2>bottles to tin. Then the politics change and the government

0:22:06.280 --> 0:22:09.440
<v Speaker 2>evicted him, and he wrote a letter to them. He said,

0:22:09.480 --> 0:22:12.159
<v Speaker 2>I gave my life to science and to mankind. You

0:22:12.200 --> 0:22:14.960
<v Speaker 2>are taking away the premises I thought ought to be mine.

0:22:16.160 --> 0:22:19.080
<v Speaker 2>Then he passed away in eighteen forty one. He was poor.

0:22:19.359 --> 0:22:23.160
<v Speaker 2>He's buried in a pauper's grave, but we hope he's

0:22:23.200 --> 0:22:29.359
<v Speaker 2>perfectly preserved. So Donkin's already thinking bigger than Nicholas. Epero

0:22:29.440 --> 0:22:31.840
<v Speaker 2>is still over in France, and he realizes that like, yeah,

0:22:31.880 --> 0:22:35.240
<v Speaker 2>you can sell it to the military, but really that's

0:22:35.240 --> 0:22:38.480
<v Speaker 2>an ad. That's an ad to sell it to everyone else.

0:22:39.119 --> 0:22:43.119
<v Speaker 2>So Donkin's agents start taking these giant cans. Imagine these

0:22:43.200 --> 0:22:46.880
<v Speaker 2>agents were very burly, giant muscles, right, and they start

0:22:46.880 --> 0:22:49.840
<v Speaker 2>taking them to the wharves where the ships are, to

0:22:49.880 --> 0:22:53.639
<v Speaker 2>the port towns, saying like, oh, the royal family loves it.

0:22:53.800 --> 0:22:55.880
<v Speaker 2>We sold it to the British Navy. Don't you want

0:22:55.920 --> 0:22:58.840
<v Speaker 2>to take this on your travels around the world. So

0:22:58.880 --> 0:23:02.639
<v Speaker 2>they would sell this as like this chance to dine

0:23:02.760 --> 0:23:05.480
<v Speaker 2>like a king out on the water. At the time,

0:23:05.880 --> 0:23:08.400
<v Speaker 2>there was a problem of scurvy. And I'm sure you've

0:23:08.440 --> 0:23:10.960
<v Speaker 2>heard about this, right. Scurvy we know now is a

0:23:10.960 --> 0:23:13.200
<v Speaker 2>shortage of vitamin C. And if you go on long

0:23:13.280 --> 0:23:16.480
<v Speaker 2>voyages and you're not eating fruits and vegetables, you have

0:23:16.520 --> 0:23:19.600
<v Speaker 2>a shortage of vitamin C and your gums start to

0:23:19.640 --> 0:23:22.919
<v Speaker 2>bleed and you start to bruise and have these hemorrhages.

0:23:23.160 --> 0:23:26.480
<v Speaker 2>Like it's a terrible situation. And up to this time

0:23:26.520 --> 0:23:28.720
<v Speaker 2>it was a huge problem for navies around the world

0:23:28.800 --> 0:23:31.000
<v Speaker 2>because they'd be gone on voyages for months and months

0:23:31.040 --> 0:23:34.320
<v Speaker 2>and months at a time, and Duncan's agents would would

0:23:34.400 --> 0:23:35.320
<v Speaker 2>hustle the ship.

0:23:35.119 --> 0:23:36.880
<v Speaker 1>Captains to take some aboard. Right.

0:23:36.960 --> 0:23:39.760
<v Speaker 2>He's like, when you're in the latitudes in the south Sea,

0:23:39.840 --> 0:23:42.520
<v Speaker 2>you can bring a little bit of British meat with you.

0:23:43.000 --> 0:23:46.680
<v Speaker 2>Dogan's company also sells the cans to what I consider

0:23:47.640 --> 0:23:52.439
<v Speaker 2>the influencer of the eighteen hundreds. I am referring, of course,

0:23:52.560 --> 0:23:57.880
<v Speaker 2>to the explorer. Oh, you know with the with the hat,

0:23:57.960 --> 0:24:01.800
<v Speaker 2>the pith helmet, and the little and the khakis. Right now,

0:24:01.840 --> 0:24:05.800
<v Speaker 2>at this point explorers are really starting to make progress

0:24:05.840 --> 0:24:08.000
<v Speaker 2>in the Arctic and Antarctic.

0:24:07.520 --> 0:24:09.520
<v Speaker 1>Not so much the pith helmet and khakis.

0:24:10.040 --> 0:24:11.840
<v Speaker 2>I picture them up there right now though they have

0:24:11.880 --> 0:24:14.960
<v Speaker 2>the the first fur covered in yeah, and the coats

0:24:15.000 --> 0:24:15.639
<v Speaker 2>made of seals.

0:24:15.720 --> 0:24:16.560
<v Speaker 1>Yeah, yeah, yeah.

0:24:16.600 --> 0:24:19.560
<v Speaker 2>So this is the age where men would join the

0:24:19.680 --> 0:24:22.640
<v Speaker 2>Explorers club, right, and they would raise money for these

0:24:22.680 --> 0:24:25.879
<v Speaker 2>big expeditions, and so it was a little bit like

0:24:25.920 --> 0:24:28.639
<v Speaker 2>an influence. These people were famous and they would be

0:24:28.680 --> 0:24:30.680
<v Speaker 2>out on the ice for several years. You wouldn't know

0:24:30.720 --> 0:24:33.240
<v Speaker 2>what's going to happen to them, and they'd come back triumphant,

0:24:33.520 --> 0:24:36.280
<v Speaker 2>all without eating a single vegetable for years. So it

0:24:36.359 --> 0:24:39.280
<v Speaker 2>was a problem from a can point of view. So

0:24:39.400 --> 0:24:44.320
<v Speaker 2>Duncan his company send their tinnedveal stew to one of

0:24:44.320 --> 0:24:47.080
<v Speaker 2>the most famous explorers of the time, Sir Joseph Banks.

0:24:47.480 --> 0:24:49.159
<v Speaker 2>He had saled with Captain James Cook, he was a

0:24:49.200 --> 0:24:52.080
<v Speaker 2>member of the Royal Society, and Banks sat down to

0:24:52.200 --> 0:24:55.440
<v Speaker 2>dine on the two year old canned veal and declared

0:24:55.480 --> 0:24:58.679
<v Speaker 2>it one of the most important discoveries of.

0:24:58.680 --> 0:24:59.520
<v Speaker 1>The age we live in.

0:25:00.080 --> 0:25:02.720
<v Speaker 2>Huh and this man new discoveries, the new discoveries.

0:25:02.760 --> 0:25:04.920
<v Speaker 1>It is a real breakthrough. We're kind of making fun

0:25:04.960 --> 0:25:06.000
<v Speaker 1>of it, but it's real.

0:25:06.400 --> 0:25:09.920
<v Speaker 2>It's absolutely real, right, because you immediately see this as

0:25:09.920 --> 0:25:14.160
<v Speaker 2>a tool. The can is a tool well for military conquest,

0:25:14.240 --> 0:25:16.320
<v Speaker 2>but it's a tool for exploration, and soon it will

0:25:16.320 --> 0:25:20.400
<v Speaker 2>be a tool to transform, you know, the way countries worked.

0:25:20.400 --> 0:25:23.920
<v Speaker 1>Really, there was no refrigeration. To state what is perhaps obvious,

0:25:24.000 --> 0:25:28.399
<v Speaker 1>it's just hard for us to understand the scarcity of

0:25:28.480 --> 0:25:32.520
<v Speaker 1>fresh food at that time. In the winter, even on land,

0:25:33.080 --> 0:25:35.400
<v Speaker 1>people would get sick at the end of the winter.

0:25:35.440 --> 0:25:37.600
<v Speaker 1>There was this thing called winter sickness because you wouldn't

0:25:37.600 --> 0:25:39.520
<v Speaker 1>eat fresh food all winter, so that by the time

0:25:39.640 --> 0:25:42.200
<v Speaker 1>spring came, everybody would be kind of sick.

0:25:42.480 --> 0:25:46.240
<v Speaker 2>Exactly right. And this is what Sir Joseph Banks saw.

0:25:46.680 --> 0:25:49.000
<v Speaker 2>It's just that at the time only the military and

0:25:49.040 --> 0:25:51.520
<v Speaker 2>the explorers had the money to buy it. Soon everyone would,

0:25:51.520 --> 0:25:55.160
<v Speaker 2>but at this moment it is for the well funded.

0:25:55.240 --> 0:25:55.400
<v Speaker 1>Right.

0:25:55.920 --> 0:26:00.480
<v Speaker 2>So there is this one dramatic moment that seals the

0:26:00.560 --> 0:26:04.080
<v Speaker 2>legend of the ten William Perry is in the Arctic

0:26:04.400 --> 0:26:08.520
<v Speaker 2>on his ship HMS Fury. Love those names, HIMS Fury,

0:26:09.160 --> 0:26:11.719
<v Speaker 2>and as often happened, maybe happen every time they get

0:26:11.760 --> 0:26:14.320
<v Speaker 2>trap and the ice flows right, the ice starts to

0:26:14.359 --> 0:26:16.480
<v Speaker 2>crush the ship and they decide they have to abandon

0:26:16.520 --> 0:26:19.760
<v Speaker 2>ship go over land, right, so they throw all the

0:26:19.800 --> 0:26:20.840
<v Speaker 2>cans out onto the ice.

0:26:20.840 --> 0:26:22.160
<v Speaker 1>They drag them to a beach.

0:26:22.359 --> 0:26:25.520
<v Speaker 2>They take a few of the cans and takes the months,

0:26:25.520 --> 0:26:27.160
<v Speaker 2>but they eventually get to safety.

0:26:27.240 --> 0:26:27.440
<v Speaker 1>Right.

0:26:27.840 --> 0:26:31.840
<v Speaker 2>Four years later, another explorer, John Ross, trying the same thing,

0:26:32.840 --> 0:26:35.000
<v Speaker 2>same thing happens to him. He also get stuck in

0:26:35.040 --> 0:26:38.400
<v Speaker 2>the ice, except his men are hungry and they are desperate,

0:26:38.920 --> 0:26:44.520
<v Speaker 2>but they stumble upon the cans. Perry's cans from HMS

0:26:44.560 --> 0:26:48.000
<v Speaker 2>Fury are on the beach. They open the cans.

0:26:48.040 --> 0:26:53.760
<v Speaker 1>It's four years later, saves their lives. Cans. It's so impressive.

0:26:54.160 --> 0:26:55.440
<v Speaker 1>I can't believe it's because they're heavy.

0:26:55.520 --> 0:26:58.159
<v Speaker 2>They take one of these cans back to London to

0:26:58.200 --> 0:27:01.239
<v Speaker 2>show everyone the cans saved our lives, and you can

0:27:01.280 --> 0:27:04.159
<v Speaker 2>still see the can at the Science Museum in London.

0:27:05.760 --> 0:27:08.600
<v Speaker 1>Is the meat still good? Great question?

0:27:09.440 --> 0:27:11.760
<v Speaker 2>In the nineteen thirties, so this is like a hundred

0:27:11.840 --> 0:27:15.240
<v Speaker 2>year after it was canned. Right in the nineteen thirties,

0:27:15.240 --> 0:27:19.439
<v Speaker 2>scientists open it for analysis to quote them, it was

0:27:19.480 --> 0:27:20.640
<v Speaker 2>in perfect condition.

0:27:22.160 --> 0:27:25.479
<v Speaker 1>Did they eat it? They did not eat it.

0:27:26.040 --> 0:27:29.240
<v Speaker 2>They reportedly fed it to laboratory mice and a cat,

0:27:30.480 --> 0:27:31.360
<v Speaker 2>all of which survived.

0:27:31.640 --> 0:27:34.560
<v Speaker 1>Okay, heay, until the mouse was eaten by the cat.

0:27:35.000 --> 0:27:37.680
<v Speaker 2>That does happen. They can't the scientists can't prevent nature, right.

0:27:38.359 --> 0:27:40.560
<v Speaker 2>So Donk and his company have now locked up the

0:27:40.600 --> 0:27:42.919
<v Speaker 2>government contracts the explorers.

0:27:42.960 --> 0:27:44.280
<v Speaker 1>There's other competitors. Now.

0:27:44.680 --> 0:27:48.479
<v Speaker 2>They just need a way to convince regular people that

0:27:49.080 --> 0:27:52.240
<v Speaker 2>everyone needs canned foods, right, And this is a harder

0:27:52.320 --> 0:27:54.600
<v Speaker 2>sell because if you think about it, up to this

0:27:54.640 --> 0:27:58.439
<v Speaker 2>point in history, you probably never bought food that you

0:27:58.600 --> 0:28:03.280
<v Speaker 2>didn't see, that you couldn't actually inspect. Right. So for

0:28:03.320 --> 0:28:07.320
<v Speaker 2>the regular person they're like, oh, yeah, there's a fish

0:28:07.320 --> 0:28:08.440
<v Speaker 2>inside this can.

0:28:08.280 --> 0:28:09.879
<v Speaker 1>You'd be like, I don't know.

0:28:09.960 --> 0:28:12.520
<v Speaker 2>You're operating on trust, and maybe there wasn't a lot

0:28:12.520 --> 0:28:15.880
<v Speaker 2>of trust, especially about industrial things at the time, right,

0:28:16.080 --> 0:28:17.639
<v Speaker 2>especially industrial food.

0:28:18.359 --> 0:28:22.080
<v Speaker 1>Another level of trust required which really didn't exist.

0:28:22.240 --> 0:28:26.640
<v Speaker 2>Right, So eighteen fifty two, unfortunately for the can industry,

0:28:26.680 --> 0:28:30.359
<v Speaker 2>the newspapers are filled with the Great Can Scandal.

0:28:30.040 --> 0:28:34.480
<v Speaker 1>Putting the can back into the scandal, the s candle scandal.

0:28:34.560 --> 0:28:38.080
<v Speaker 2>Right, A group of meat inspectors were opening cans bound

0:28:38.120 --> 0:28:43.240
<v Speaker 2>for the Royal Navy. First can rotten, second can spoiled.

0:28:43.800 --> 0:28:48.200
<v Speaker 2>It wasn't until the nineteenth can that they found one

0:28:48.280 --> 0:28:52.920
<v Speaker 2>that they said a human could eat. So the technology

0:28:53.600 --> 0:28:57.520
<v Speaker 2>of cans was mostly working. It was the contents and

0:28:57.560 --> 0:29:01.080
<v Speaker 2>what they put into the can that was completely gross.

0:29:01.560 --> 0:29:03.920
<v Speaker 2>Now at this point there are a lot of competitors

0:29:04.080 --> 0:29:06.760
<v Speaker 2>making cans, putting food into cans, and one of them

0:29:06.840 --> 0:29:10.400
<v Speaker 2>figured out, well, if nobody can see inside, why don't

0:29:10.400 --> 0:29:13.120
<v Speaker 2>I put the cheapest meat I can and possibly find

0:29:13.320 --> 0:29:16.160
<v Speaker 2>into these cans, Jacob, I want you to read from

0:29:16.200 --> 0:29:17.920
<v Speaker 2>the newspaper coverage at the time.

0:29:18.080 --> 0:29:21.440
<v Speaker 1>So this is a list of what they found inside

0:29:21.440 --> 0:29:26.760
<v Speaker 1>the cans. Pieces of heart, coagulated blood, pieces of liver,

0:29:27.080 --> 0:29:31.920
<v Speaker 1>ligaments of the throat, pieces of intestines in short, garbage

0:29:31.960 --> 0:29:34.400
<v Speaker 1>and putridity in a horrible state.

0:29:34.680 --> 0:29:37.080
<v Speaker 2>And those weren't even on the paper on the outside

0:29:37.080 --> 0:29:37.680
<v Speaker 2>of the can.

0:29:37.600 --> 0:29:41.360
<v Speaker 1>Even say garbage or putridity on the list of ingredients.

0:29:42.240 --> 0:29:46.360
<v Speaker 2>Apparently they even found a dog's tongue. They trace the

0:29:46.440 --> 0:29:51.160
<v Speaker 2>problem back to Romania or Moldova, depending on which sources

0:29:51.320 --> 0:29:53.400
<v Speaker 2>you use. I take it they didn't write that on

0:29:53.440 --> 0:29:57.560
<v Speaker 2>the can either, right, huge pr scandal. Inspectors around the

0:29:57.560 --> 0:30:00.120
<v Speaker 2>globe start to spot check cans. They find the same thing,

0:30:00.480 --> 0:30:04.200
<v Speaker 2>lousy meat inside. Everyone's reading about this, as you can imagine,

0:30:04.280 --> 0:30:06.480
<v Speaker 2>like what do they find today in the cans? The

0:30:06.560 --> 0:30:11.280
<v Speaker 2>can manufacturers strike back with a huge advertising campaign. They

0:30:11.320 --> 0:30:15.760
<v Speaker 2>have you know, testimonial and pain kidding, Oh that doesn't

0:30:15.800 --> 0:30:20.360
<v Speaker 2>work there. They have testimonials, awards awarded for you know,

0:30:20.400 --> 0:30:23.360
<v Speaker 2>the fine meat service, right, seals of approval. They start

0:30:23.360 --> 0:30:26.880
<v Speaker 2>to pitch the nutritional claims. They do can demos at

0:30:27.000 --> 0:30:30.959
<v Speaker 2>fares and expos There's stunts like they had this public

0:30:31.000 --> 0:30:34.400
<v Speaker 2>dinner prepared solely from Can meats that only cost a

0:30:34.440 --> 0:30:36.760
<v Speaker 2>penny for you to come and eat it. Yeah, I know, right,

0:30:37.080 --> 0:30:39.400
<v Speaker 2>And as we talked about last week in our show

0:30:39.440 --> 0:30:42.320
<v Speaker 2>about the grocery chain A and P, this is the

0:30:42.320 --> 0:30:46.440
<v Speaker 2>birth of the brand. They're really starting to signal there

0:30:46.440 --> 0:30:48.080
<v Speaker 2>are no dog tongues in this can.

0:30:48.160 --> 0:30:52.240
<v Speaker 1>Well, A brand is truly valuable in this context. Yeah,

0:30:52.280 --> 0:30:55.040
<v Speaker 1>you literally can't see inside the can. For one thing,

0:30:55.360 --> 0:30:58.959
<v Speaker 1>the industrialization of food means you're getting farther from the source.

0:30:59.440 --> 0:31:03.360
<v Speaker 1>And today I feel like we primarily think of brands

0:31:03.440 --> 0:31:08.040
<v Speaker 1>as sort of superficial marketing tools. Maybe maybe not, but

0:31:08.200 --> 0:31:11.760
<v Speaker 1>truly brands can signal quality. If some people are putting

0:31:12.360 --> 0:31:15.320
<v Speaker 1>rotten meat inside their cans and you reliably are not,

0:31:16.080 --> 0:31:19.640
<v Speaker 1>that is meaningful. A brand is meaningful in that context.

0:31:19.240 --> 0:31:21.600
<v Speaker 2>And they're starting to realize you can have different brands

0:31:21.600 --> 0:31:25.240
<v Speaker 2>for different people. The sales aspect of this, apparently they

0:31:25.360 --> 0:31:29.920
<v Speaker 2>sold cans to women called My Lady Can and Little

0:31:30.000 --> 0:31:30.760
<v Speaker 2>Duchess Can.

0:31:30.680 --> 0:31:33.000
<v Speaker 1>The Virginia Slimbs of Cans.

0:31:33.040 --> 0:31:40.280
<v Speaker 2>Exactly for men, Jack tar Brand and Sailors Savories.

0:31:40.760 --> 0:31:44.320
<v Speaker 1>Oh manly Canley go down to the pub.

0:31:44.080 --> 0:31:49.400
<v Speaker 2>And have some Sailors Savories. And perhaps most importantly of all,

0:31:49.520 --> 0:31:54.160
<v Speaker 2>in the marketing of the can, they developed the can opener.

0:31:54.760 --> 0:31:58.360
<v Speaker 1>Wait, yes, and decades. I didn't even think of the cannabies.

0:31:58.520 --> 0:32:00.640
<v Speaker 1>What were they doing before this? How did you open

0:32:00.640 --> 0:32:03.840
<v Speaker 1>a can? Before the can open? Years since the first

0:32:04.360 --> 0:32:06.440
<v Speaker 1>how did you open a can for fifty years?

0:32:06.680 --> 0:32:09.960
<v Speaker 2>So it boggles the mind on some of the cans.

0:32:10.000 --> 0:32:14.480
<v Speaker 2>They had instructions which were get a hammer and a chisel,

0:32:14.680 --> 0:32:19.120
<v Speaker 2>and just like dun't dunk, dunk, dun't dun't dunk to

0:32:19.200 --> 0:32:20.000
<v Speaker 2>open the can.

0:32:20.400 --> 0:32:24.640
<v Speaker 1>I am a ghast it does. Here's a question. Here's

0:32:24.680 --> 0:32:28.600
<v Speaker 1>a question, what is a thing today where we have

0:32:28.720 --> 0:32:31.160
<v Speaker 1>the can but not the can opener? Where once some

0:32:31.240 --> 0:32:33.480
<v Speaker 1>new thing is going to be invented, they're like, how

0:32:33.520 --> 0:32:36.760
<v Speaker 1>did you go so long without the thing? To use

0:32:36.800 --> 0:32:39.240
<v Speaker 1>the thing? What would it be? I don't you know.

0:32:39.280 --> 0:32:41.400
<v Speaker 2>I was thinking about all the chords and everything, and

0:32:41.440 --> 0:32:43.480
<v Speaker 2>I know they're starting to solve that with the just

0:32:43.520 --> 0:32:45.640
<v Speaker 2>placing something down and charge.

0:32:45.840 --> 0:32:48.680
<v Speaker 1>A dream of where you're just in an electric field

0:32:48.720 --> 0:32:52.120
<v Speaker 1>where your thing is is charging just ambiently. I don't

0:32:52.160 --> 0:32:54.720
<v Speaker 1>know the physics of that, but yes, maybe someday they'll

0:32:54.760 --> 0:32:56.719
<v Speaker 1>be like, you had to plug in your things all

0:32:56.760 --> 0:32:59.840
<v Speaker 1>the time, how did you live? Okay? The can opener.

0:33:00.640 --> 0:33:04.560
<v Speaker 2>Now everyone's using a hammer and chisel. I was thinking

0:33:04.600 --> 0:33:10.880
<v Speaker 2>about this, and perhaps the notion of convenience wasn't associated

0:33:10.880 --> 0:33:15.320
<v Speaker 2>with food. In the eighteen hundreds. You had specialists cooks

0:33:15.400 --> 0:33:17.920
<v Speaker 2>and chefs, and you know at the time housewives who

0:33:17.920 --> 0:33:21.440
<v Speaker 2>would spend all day cooking. There was no easy, fast

0:33:21.480 --> 0:33:23.920
<v Speaker 2>way to do anything in the kitchen.

0:33:24.120 --> 0:33:27.920
<v Speaker 1>So it's like you already have peas from six months ago,

0:33:28.000 --> 0:33:30.440
<v Speaker 1>this miracle. Oh now you're saying it's too hard to open.

0:33:30.520 --> 0:33:33.600
<v Speaker 1>Nobody to take the time. My hammer is way over there.

0:33:33.840 --> 0:33:37.320
<v Speaker 2>My chisel, Who is my chisel. The first can opener

0:33:37.520 --> 0:33:41.600
<v Speaker 2>was developed by Ezra Warner, and I saw a picture

0:33:41.600 --> 0:33:45.000
<v Speaker 2>of it. It looks like basically a piece of metal

0:33:45.040 --> 0:33:47.400
<v Speaker 2>a little hook on it. It looks a little bit

0:33:47.520 --> 0:33:49.800
<v Speaker 2>like the kind of can openers you get at a

0:33:49.840 --> 0:33:50.520
<v Speaker 2>camping store.

0:33:50.760 --> 0:33:52.960
<v Speaker 1>Those are terrible can openers where you have to kind

0:33:52.960 --> 0:33:55.760
<v Speaker 1>of hook it every time. There's no way you're sawing

0:33:55.840 --> 0:33:59.640
<v Speaker 1>the can. All the sharp edges, oh so sharp.

0:33:59.760 --> 0:34:02.040
<v Speaker 2>So once you do this, it's not just that the

0:34:02.240 --> 0:34:04.640
<v Speaker 2>edge is sharp, but it's jagged and.

0:34:04.960 --> 0:34:07.360
<v Speaker 1>It's extremely hard to open. Again, I would rather use

0:34:07.360 --> 0:34:11.240
<v Speaker 1>a hammer and chisel. It was terrible, but people.

0:34:11.000 --> 0:34:14.799
<v Speaker 2>Started to buy it, and some stores would stock one

0:34:14.880 --> 0:34:17.000
<v Speaker 2>single can opener and they would open the can for

0:34:17.040 --> 0:34:20.120
<v Speaker 2>you before you left. Oh yeah, I'm having peas tonight.

0:34:20.600 --> 0:34:23.839
<v Speaker 2>The rotary design didn't come until eighteen seventy, and.

0:34:23.960 --> 0:34:28.080
<v Speaker 1>Such a beautiful tool that has the two little gears

0:34:28.719 --> 0:34:30.600
<v Speaker 1>and the handle. I love a can opener.

0:34:30.840 --> 0:34:33.480
<v Speaker 2>By the end of the eighteen hundreds, cans were something

0:34:33.560 --> 0:34:36.480
<v Speaker 2>everyone could buy, and they did. Everyone forgot about the

0:34:36.520 --> 0:34:38.880
<v Speaker 2>dog tongue. I will personally never forget about it. But

0:34:38.880 --> 0:34:41.840
<v Speaker 2>everyone forgot about this. And it was helped along by

0:34:41.880 --> 0:34:45.480
<v Speaker 2>this huge movement of rural folks into the city. So

0:34:45.600 --> 0:34:49.839
<v Speaker 2>industrialization was reducing the labor needed on farms. Factories were

0:34:49.840 --> 0:34:53.320
<v Speaker 2>opening in the cities. People were coming into crowded areas

0:34:53.320 --> 0:34:56.000
<v Speaker 2>of New York and Chicago, and it's really hard to

0:34:56.000 --> 0:35:00.120
<v Speaker 2>get fresh foods into the city, into the tenements and apartments,

0:35:00.520 --> 0:35:04.000
<v Speaker 2>and cans were the answer. The killer app for cans

0:35:04.719 --> 0:35:06.800
<v Speaker 2>condensed milk, because.

0:35:06.600 --> 0:35:08.880
<v Speaker 1>You're in the city. I thought it was the can opener.

0:35:10.080 --> 0:35:13.560
<v Speaker 2>No, the stuff inside the condensed milk milk made by

0:35:13.600 --> 0:35:17.520
<v Speaker 2>Borden In eighteen fifty six. They would put the milk

0:35:17.560 --> 0:35:19.600
<v Speaker 2>in the can in Connecticut and bring it down to

0:35:19.680 --> 0:35:22.760
<v Speaker 2>New York City and people were like, oh, this reminds

0:35:22.800 --> 0:35:25.759
<v Speaker 2>me of having a cow, except very sweet. As we

0:35:25.800 --> 0:35:26.920
<v Speaker 2>know with condensed milk.

0:35:26.880 --> 0:35:30.160
<v Speaker 1>Because again, refrigeration, cold chain is still not a thing.

0:35:30.200 --> 0:35:33.480
<v Speaker 1>If you live in a city, it's hard to get

0:35:33.480 --> 0:35:36.560
<v Speaker 1>milk they used to have. I think it was cows

0:35:36.680 --> 0:35:40.960
<v Speaker 1>in Central Park in Manhattan for the milk. For the milk,

0:35:41.080 --> 0:35:43.080
<v Speaker 1>if I recall correctly, like they would give it to

0:35:43.080 --> 0:35:44.160
<v Speaker 1>the children or something.

0:35:44.520 --> 0:35:49.400
<v Speaker 2>Campbell Soup eighteen ninety five. Huh, same year our can

0:35:49.600 --> 0:35:52.240
<v Speaker 2>of Hines baked beans.

0:35:52.840 --> 0:35:53.800
<v Speaker 1>It's a US company.

0:35:53.840 --> 0:35:55.960
<v Speaker 2>But a year later they debuted in the UK, and

0:35:56.000 --> 0:35:59.680
<v Speaker 2>for reasons I will never understand, the British decide to

0:35:59.719 --> 0:36:00.040
<v Speaker 2>eat it.

0:35:59.960 --> 0:36:03.640
<v Speaker 1>For breakfast with sausage and tomatoes. Seems incredible. It's a

0:36:03.640 --> 0:36:07.319
<v Speaker 1>whole it's a whole thing, right, full English. We'll be

0:36:07.360 --> 0:36:31.960
<v Speaker 1>back in a minute with one more can. Robert Smith,

0:36:32.640 --> 0:36:36.480
<v Speaker 1>it is time for our story to arrive in twentieth

0:36:36.480 --> 0:36:39.080
<v Speaker 1>century America, USA.

0:36:38.480 --> 0:36:43.880
<v Speaker 2>Development of the aluminum beer can, the silver bullet on

0:36:44.000 --> 0:36:45.200
<v Speaker 2>the corporate battlefield.

0:36:45.880 --> 0:36:46.760
<v Speaker 1>See what you did there.

0:36:47.200 --> 0:36:50.600
<v Speaker 2>By the twentieth century food cans look pretty much like

0:36:50.640 --> 0:36:55.400
<v Speaker 2>they do today, standardized size, thinner walls. But these little things,

0:36:55.800 --> 0:37:00.120
<v Speaker 2>I would argue, have transformed the earth. It's easier for

0:37:00.160 --> 0:37:02.879
<v Speaker 2>people to move food, so now it's easier to move

0:37:02.920 --> 0:37:08.440
<v Speaker 2>to the cities. Also transformed farming. Think about this for

0:37:08.480 --> 0:37:11.600
<v Speaker 2>a moment. If you're growing tomatoes in the eighteen hundreds

0:37:11.640 --> 0:37:15.480
<v Speaker 2>in New Jersey. With cans, there is no limit to

0:37:15.520 --> 0:37:19.360
<v Speaker 2>the amount of tomatoes that you can grow. Because you

0:37:19.360 --> 0:37:21.000
<v Speaker 2>could put them in a can, you could sell them

0:37:21.080 --> 0:37:24.960
<v Speaker 2>years later, and this is just one thousand miles away. Also,

0:37:25.320 --> 0:37:28.000
<v Speaker 2>as we saw in the last episode, cans now make

0:37:28.040 --> 0:37:31.800
<v Speaker 2>it easier for grocery stores to open all the logistics chains,

0:37:32.120 --> 0:37:34.800
<v Speaker 2>and all of these things mean cheaper food. You mentioned

0:37:34.800 --> 0:37:38.160
<v Speaker 2>our story about A and P how expensive food was

0:37:39.040 --> 0:37:41.840
<v Speaker 2>for people. Now you can eat out of cans, and

0:37:41.880 --> 0:37:44.880
<v Speaker 2>you have an economy of scale at some margin emerging

0:37:44.920 --> 0:37:50.200
<v Speaker 2>for food. So as the scale grows, it is perhaps

0:37:50.200 --> 0:37:57.160
<v Speaker 2>inevitable that a behemoth will emerge. On March twentieth, nineteen

0:37:57.200 --> 0:37:59.759
<v Speaker 2>oh one, it's kind of amazing there's this happened on

0:37:59.760 --> 0:38:02.960
<v Speaker 2>one day. A bunch of rich people finally pull off

0:38:02.960 --> 0:38:06.879
<v Speaker 2>their plan to combine ninety percent of America's tin can

0:38:07.000 --> 0:38:10.960
<v Speaker 2>manufacturers into one giant. Do they call it can Co?

0:38:11.160 --> 0:38:11.520
<v Speaker 1>They do not.

0:38:12.000 --> 0:38:13.840
<v Speaker 2>They call it the American Can Company.

0:38:14.080 --> 0:38:17.040
<v Speaker 1>I love, I love those turn of the twentieth century names.

0:38:17.080 --> 0:38:20.279
<v Speaker 1>You just say, what the company does us steel, American

0:38:20.360 --> 0:38:25.279
<v Speaker 1>Can Company, I mean American was right there. One hundred

0:38:25.360 --> 0:38:27.120
<v Speaker 1>years later, one hundred percent. They would have called it

0:38:27.239 --> 0:38:32.600
<v Speaker 1>American who can you can? American? Thank you for calling

0:38:32.600 --> 0:38:33.840
<v Speaker 1>it the American Can Company.

0:38:34.160 --> 0:38:37.000
<v Speaker 2>One hundred and twenty three factories from Brooklyn to Seattle.

0:38:37.480 --> 0:38:40.839
<v Speaker 2>And even in the emerging age of monopolies, this one

0:38:40.880 --> 0:38:43.240
<v Speaker 2>was huge. People called it the tin Can Trust.

0:38:43.440 --> 0:38:46.799
<v Speaker 1>Yes, this was the trust era, and weirdly, even though

0:38:46.840 --> 0:38:49.760
<v Speaker 1>anti trust laws had been passed a few decades before this,

0:38:49.760 --> 0:38:52.920
<v Speaker 1>this was this era when they were essentially not enforced.

0:38:53.640 --> 0:38:56.680
<v Speaker 1>Was this a JP Morgan move? This sounds extremely JP Morgan,

0:38:57.320 --> 0:39:01.640
<v Speaker 1>JP Morgan wannabes, But it was a dream team of capitalists.

0:39:01.640 --> 0:39:05.040
<v Speaker 1>You had William the Judge Moore was an actual judge

0:39:05.080 --> 0:39:08.320
<v Speaker 1>at some point who created trust like the National Biscuit Company,

0:39:08.600 --> 0:39:13.600
<v Speaker 1>the Meisco and Diamond match Still, yeah, there's some match

0:39:13.680 --> 0:39:15.759
<v Speaker 1>king story that somebody told me to do. Put it

0:39:15.800 --> 0:39:17.200
<v Speaker 1>on the list. On the list.

0:39:17.760 --> 0:39:19.799
<v Speaker 2>You had Daniel the Czar read. I don't know why

0:39:19.800 --> 0:39:23.280
<v Speaker 2>I was called that. He was the steel baron, William Leeds,

0:39:23.320 --> 0:39:27.240
<v Speaker 2>who was the tin plate King, William Tinplate leads Tinny

0:39:28.040 --> 0:39:30.840
<v Speaker 2>and someone who actually knew how to make food in

0:39:30.880 --> 0:39:35.200
<v Speaker 2>a can helpful Edwin Norton. And Edwin became the president

0:39:35.239 --> 0:39:37.960
<v Speaker 2>of the trust and it was clever how they did it.

0:39:38.400 --> 0:39:41.280
<v Speaker 2>They went to all these different can manufacturers and said,

0:39:41.320 --> 0:39:42.720
<v Speaker 2>you know, we want to do a deal. We wanted

0:39:42.719 --> 0:39:44.080
<v Speaker 2>to close on this one.

0:39:44.440 --> 0:39:48.319
<v Speaker 1>Date tanufacturers and stop one stop, keep going.

0:39:48.800 --> 0:39:51.920
<v Speaker 2>The team already controlled much of the tin supply, so

0:39:52.160 --> 0:39:54.879
<v Speaker 2>it was, you know, a carrot stick situation on the manufacturers.

0:39:54.920 --> 0:39:56.920
<v Speaker 2>They said, oh, you know, it would be a shame

0:39:57.000 --> 0:39:59.200
<v Speaker 2>if you suddenly had to pay more for your tin supply.

0:39:59.760 --> 0:40:02.120
<v Speaker 2>You're really going to want to sell your can company

0:40:02.120 --> 0:40:06.840
<v Speaker 2>to us. And then when the can manufacturers were scared,

0:40:06.960 --> 0:40:10.879
<v Speaker 2>they offered very large checks for the factories to sell out,

0:40:11.280 --> 0:40:13.120
<v Speaker 2>and all they had to do he was promised that

0:40:13.160 --> 0:40:15.960
<v Speaker 2>they could not re enter the canned business for fifteen years.

0:40:16.080 --> 0:40:17.480
<v Speaker 1>It's so anti competitive.

0:40:17.719 --> 0:40:20.919
<v Speaker 2>One hundred and twenty three factories. They did some calculations

0:40:20.960 --> 0:40:23.440
<v Speaker 2>afterwards and looked at how much they paid for all

0:40:23.480 --> 0:40:26.080
<v Speaker 2>these companies, and it was pretty clear that they could

0:40:26.080 --> 0:40:28.280
<v Speaker 2>have just built new factories for the same.

0:40:28.200 --> 0:40:29.840
<v Speaker 1>Price, but then they would have had to compete.

0:40:30.440 --> 0:40:34.080
<v Speaker 2>Then they would have had to compete. So instead, of course,

0:40:34.120 --> 0:40:36.600
<v Speaker 2>they take these companies and what's the first thing they do.

0:40:37.719 --> 0:40:40.160
<v Speaker 2>They shut a bunch of them down, seventy percent of

0:40:40.200 --> 0:40:43.160
<v Speaker 2>the factories were just like, you're out of business, close

0:40:43.200 --> 0:40:46.240
<v Speaker 2>them down, fire everybody, and then.

0:40:46.680 --> 0:40:50.800
<v Speaker 1>Jack up prices. What do you suppress supply any raise prices.

0:40:50.520 --> 0:40:53.400
<v Speaker 2>Book, we've talked about monopolies that are they really a monopoly,

0:40:53.520 --> 0:40:55.200
<v Speaker 2>that this was a monotony.

0:40:54.960 --> 0:40:57.520
<v Speaker 1>Leaning into it. They're the guy with the top hat

0:40:57.600 --> 0:40:58.520
<v Speaker 1>on the board, dude.

0:40:58.600 --> 0:41:00.799
<v Speaker 2>One of the things we're learning in the show is

0:41:00.840 --> 0:41:04.040
<v Speaker 2>that really pulling off a true monopoly.

0:41:04.080 --> 0:41:05.320
<v Speaker 1>Is very difficult.

0:41:05.719 --> 0:41:08.640
<v Speaker 2>Yes, they bought almost all the factories, shut them down,

0:41:08.800 --> 0:41:12.440
<v Speaker 2>raise prices, but at that point now it is much

0:41:12.480 --> 0:41:15.200
<v Speaker 2>more profitable to get into the can business.

0:41:15.280 --> 0:41:17.719
<v Speaker 1>It's not like they have intellectual property. It's not like

0:41:17.760 --> 0:41:20.960
<v Speaker 1>they can prevent other people from making tin cans. Tin

0:41:21.000 --> 0:41:25.239
<v Speaker 1>cans are basically a commodity, and there is this truism

0:41:25.320 --> 0:41:28.360
<v Speaker 1>in commodities, which is the cure for high prices is

0:41:28.440 --> 0:41:32.600
<v Speaker 1>high prices. If suddenly people are paying absurdly high prices

0:41:32.600 --> 0:41:35.239
<v Speaker 1>for tin cans, other people are going to build their

0:41:35.239 --> 0:41:38.560
<v Speaker 1>own tin can factories and start competing to sell tin cans.

0:41:39.000 --> 0:41:39.520
<v Speaker 1>And they did.

0:41:39.680 --> 0:41:41.520
<v Speaker 2>It was a little bit of a tin rush people

0:41:41.560 --> 0:41:44.320
<v Speaker 2>getting into the business. And one of the Dream Team

0:41:44.400 --> 0:41:48.160
<v Speaker 2>members was about to defect. Edwin Norton, the guy who

0:41:48.239 --> 0:41:52.000
<v Speaker 2>actually knew something, was unhappy. I imagine it was because

0:41:52.640 --> 0:41:55.040
<v Speaker 2>he actually knew how to can food, and the rest

0:41:55.040 --> 0:41:58.400
<v Speaker 2>of them are just guys in top hats, smoking cigars.

0:41:58.000 --> 0:41:58.879
<v Speaker 1>And telling him what to do.

0:41:59.680 --> 0:42:02.440
<v Speaker 2>He had signed a contract that said he could never

0:42:02.520 --> 0:42:05.760
<v Speaker 2>compete with the American Can Company, obviously, but he spotted

0:42:05.800 --> 0:42:10.240
<v Speaker 2>a loophole. Contracts said nothing about family members. Edward Norton

0:42:10.560 --> 0:42:15.600
<v Speaker 2>organized with his son, wait for it, the Continental Can

0:42:15.680 --> 0:42:19.920
<v Speaker 2>Company shiny new factory in Syracuse, and in fact, the

0:42:19.960 --> 0:42:22.560
<v Speaker 2>technology was better than the old American Can factories that

0:42:22.600 --> 0:42:22.840
<v Speaker 2>they had.

0:42:22.960 --> 0:42:24.839
<v Speaker 1>Could have gone with Cantinental keep going.

0:42:25.360 --> 0:42:28.840
<v Speaker 2>By nineteen oh five, it was American Can versus Continental Can,

0:42:28.960 --> 0:42:34.880
<v Speaker 2>the trust versus the rebel. The American Can boys were furious,

0:42:34.960 --> 0:42:36.920
<v Speaker 2>and for the next half century this would be one

0:42:36.960 --> 0:42:42.560
<v Speaker 2>of those epic industrial rivalries. It was so fierce that

0:42:42.680 --> 0:42:48.640
<v Speaker 2>Fortune magazine said their relationship was tart tart tart in

0:42:48.719 --> 0:42:53.480
<v Speaker 2>Fortune Magazine. That's like fist cluably that's good for consumers.

0:42:53.520 --> 0:42:55.800
<v Speaker 2>I mean, two doesn't seem like enough to me.

0:42:56.200 --> 0:42:58.560
<v Speaker 1>Two. I feel like you could still Doopoly's sort of

0:42:58.760 --> 0:43:02.200
<v Speaker 1>tacit price fixing. Or maybe explicit price fixing. I don't know.

0:43:02.280 --> 0:43:04.440
<v Speaker 1>I'm surprised that it's only two. I guess is it

0:43:04.480 --> 0:43:06.799
<v Speaker 1>because there's an economy of scale and so it's hard

0:43:06.800 --> 0:43:07.840
<v Speaker 1>to enter and compete.

0:43:07.920 --> 0:43:09.799
<v Speaker 2>It's a duopoly. There's two big ones, but there's lots

0:43:09.840 --> 0:43:12.439
<v Speaker 2>of little ones. Yeah, and in fact, ten years later,

0:43:12.760 --> 0:43:17.680
<v Speaker 2>the US government slow as they are like, huh can monopoly.

0:43:18.360 --> 0:43:19.760
<v Speaker 1>There's one thing we've learned enough the show.

0:43:20.040 --> 0:43:22.280
<v Speaker 2>Yeah, if there's one thing we've learned to this show,

0:43:22.800 --> 0:43:26.279
<v Speaker 2>it's that the government is so slow to respond to

0:43:26.360 --> 0:43:29.000
<v Speaker 2>the what's going on in competition? Right, it takes them

0:43:29.040 --> 0:43:31.600
<v Speaker 2>ten years to get all their briefs together. So this

0:43:31.640 --> 0:43:34.279
<v Speaker 2>goes before a judge and it's against American Can.

0:43:34.360 --> 0:43:35.719
<v Speaker 1>Has nothing to do with the Continental Can.

0:43:36.000 --> 0:43:39.680
<v Speaker 2>Clearly American Can acted like the mafia. They intentionally tried

0:43:39.680 --> 0:43:42.880
<v Speaker 2>to dominate the industry, screw the little guy. But the

0:43:42.960 --> 0:43:46.480
<v Speaker 2>judge determines then really pull it off. He said that

0:43:46.560 --> 0:43:49.440
<v Speaker 2>the current state of competition with the new entrants and

0:43:49.480 --> 0:43:52.120
<v Speaker 2>the Continental Can, he said it was like basically fine.

0:43:52.640 --> 0:43:54.560
<v Speaker 2>He decides not to take a hammer and chisel to

0:43:54.560 --> 0:43:55.040
<v Speaker 2>the company.

0:43:55.800 --> 0:43:56.279
<v Speaker 1>Well done.

0:43:56.560 --> 0:43:59.600
<v Speaker 2>He wrote that he was reluctant to destroy so finally

0:43:59.640 --> 0:44:01.520
<v Speaker 2>adjusted an industrial machine.

0:44:02.280 --> 0:44:07.719
<v Speaker 1>I'm fine. Anythink they practiced. I don't know. There was

0:44:07.760 --> 0:44:10.240
<v Speaker 1>a dude named the Judge who started the company.

0:44:10.239 --> 0:44:14.960
<v Speaker 2>I'm just saying, well, it is good for beer drinkers

0:44:14.960 --> 0:44:17.919
<v Speaker 2>everywhere that the Judge did not break up American Can

0:44:17.960 --> 0:44:21.160
<v Speaker 2>because they were about to make the last big breakthrough

0:44:21.400 --> 0:44:22.600
<v Speaker 2>of our can saga.

0:44:23.200 --> 0:44:23.520
<v Speaker 1>Beer.

0:44:24.360 --> 0:44:26.200
<v Speaker 2>It is the holy grail of canning.

0:44:26.640 --> 0:44:28.200
<v Speaker 1>At this point. It's served in bottles.

0:44:28.360 --> 0:44:30.640
<v Speaker 2>No one's figured out how to make it work in cans,

0:44:30.800 --> 0:44:33.280
<v Speaker 2>and they want to figure it out because beer people

0:44:33.320 --> 0:44:37.439
<v Speaker 2>think that beer is better if it isn't exposed to light,

0:44:38.080 --> 0:44:40.920
<v Speaker 2>I guess, and cans block the light. It keeps on

0:44:41.040 --> 0:44:41.839
<v Speaker 2>oxygen better.

0:44:41.960 --> 0:44:45.440
<v Speaker 1>Presumably the fact that it's harder to break a can matters.

0:44:46.000 --> 0:44:48.359
<v Speaker 1>Countries getting bigger, you're transporting beer more.

0:44:48.880 --> 0:44:52.719
<v Speaker 2>But the problem is beer because of the way it is,

0:44:52.840 --> 0:44:56.080
<v Speaker 2>tends to react with the metal, which makes the beer

0:44:56.120 --> 0:44:58.120
<v Speaker 2>taste metallic, which people hate, and it.

0:44:58.080 --> 0:44:59.080
<v Speaker 1>Weakens the can.

0:44:59.680 --> 0:45:04.760
<v Speaker 2>And since beer is carbonated and under pressure, it would

0:45:04.800 --> 0:45:06.120
<v Speaker 2>blow the cans apart.

0:45:06.120 --> 0:45:07.080
<v Speaker 1>The weaken cans apart.

0:45:07.239 --> 0:45:09.680
<v Speaker 2>It was sort of a yease fueled explosive device. Apparently,

0:45:09.760 --> 0:45:11.640
<v Speaker 2>the pressure in a beer can is twice that of

0:45:11.640 --> 0:45:15.200
<v Speaker 2>a cart who knew. American Can started to work on

0:45:15.280 --> 0:45:17.440
<v Speaker 2>this in nineteen oh nine. They wouldn't solve it till

0:45:17.480 --> 0:45:21.680
<v Speaker 2>after prohibition, were secretly working on it in nineteen thirty five.

0:45:22.480 --> 0:45:27.239
<v Speaker 2>The answer was something they called the kig liner. Each

0:45:27.400 --> 0:45:30.760
<v Speaker 2>tin distant for beer was lined with a form of plastics.

0:45:30.760 --> 0:45:32.799
<v Speaker 2>This is before aluminum, so it's still the tin cans

0:45:32.800 --> 0:45:36.600
<v Speaker 2>that we know. But they started out with pine resin

0:45:36.680 --> 0:45:39.080
<v Speaker 2>and enamel was the first thing they tried. They ended

0:45:39.120 --> 0:45:43.440
<v Speaker 2>up with something called vinyl light plastic. Vinyl plastic was

0:45:43.480 --> 0:45:46.920
<v Speaker 2>eventually used in another famous product with a siding on

0:45:46.960 --> 0:45:52.080
<v Speaker 2>My House that too, but the vinyl record yl. At

0:45:52.120 --> 0:45:55.879
<v Speaker 2>one point, I think American Can owned a vinyl manufacturer

0:45:55.880 --> 0:45:59.560
<v Speaker 2>that actually supplied record vinyl. As they became a conglomerate,

0:46:00.040 --> 0:46:03.480
<v Speaker 2>American Can needed to test this out and they partnered

0:46:03.520 --> 0:46:06.759
<v Speaker 2>with the Krueger Beer Company of Newark, New Jersey to

0:46:06.800 --> 0:46:10.920
<v Speaker 2>release the first canned beer. American Can offered to put

0:46:10.960 --> 0:46:13.560
<v Speaker 2>in the canning equipment for free and crew would only

0:46:13.600 --> 0:46:15.920
<v Speaker 2>have to pay if it was a success, and the

0:46:16.040 --> 0:46:17.719
<v Speaker 2>very first can of beer it looked just like a

0:46:17.800 --> 0:46:22.120
<v Speaker 2>vegetable can. Steal in tin sold individually. An American can

0:46:22.600 --> 0:46:25.080
<v Speaker 2>was thinking about this because they're already thinking about how

0:46:25.080 --> 0:46:27.080
<v Speaker 2>long it had taken for can openers, and so they

0:46:27.120 --> 0:46:29.920
<v Speaker 2>developed a special can opener. You can't just crank the

0:46:29.960 --> 0:46:32.200
<v Speaker 2>top of your beer can and then put your lips

0:46:32.320 --> 0:46:35.279
<v Speaker 2>to the sharp edge of metal. They developed something called

0:46:35.280 --> 0:46:37.640
<v Speaker 2>a church key. That's what they call it. I don't

0:46:37.680 --> 0:46:42.040
<v Speaker 2>know why, but it puts a little triangle indentation in

0:46:42.120 --> 0:46:42.799
<v Speaker 2>the top of the can.

0:46:43.320 --> 0:46:45.239
<v Speaker 1>We used to do this for canned orange juice when

0:46:45.239 --> 0:46:46.560
<v Speaker 1>we were camping when I was a kid. It was

0:46:46.560 --> 0:46:48.640
<v Speaker 1>like tin can orange juice, and you do it on

0:46:48.719 --> 0:46:50.439
<v Speaker 1>two sides. You do it on one side to drink

0:46:50.440 --> 0:46:52.719
<v Speaker 1>out of it, on the other so that the air

0:46:52.800 --> 0:46:54.839
<v Speaker 1>pressure pushes the orange juice into your mouth.

0:46:54.880 --> 0:46:56.640
<v Speaker 2>I guess they didn't know if any of this was

0:46:56.680 --> 0:47:01.799
<v Speaker 2>going to work, so they sent the first batch to Richmond, Virginia, figuring, Oh,

0:47:01.880 --> 0:47:03.680
<v Speaker 2>it's a flop in Richmond, No one's gonna hear about

0:47:03.680 --> 0:47:04.439
<v Speaker 2>it in New York City.

0:47:04.480 --> 0:47:07.600
<v Speaker 1>This isn't with credit cards in Fresno. Yeah, first credit card,

0:47:07.600 --> 0:47:09.319
<v Speaker 1>they said to Fresno. I was thinking about this.

0:47:09.440 --> 0:47:11.640
<v Speaker 2>I don't know if there are still test markets, because

0:47:11.640 --> 0:47:14.680
<v Speaker 2>everyone knows everything happening all the time. But in the

0:47:14.760 --> 0:47:17.880
<v Speaker 2>day you would go to try things out in Peoria

0:47:18.000 --> 0:47:20.359
<v Speaker 2>or Columbus, Ohio, whatever it was. It was a place

0:47:20.400 --> 0:47:22.799
<v Speaker 2>where new products would emerge and they would see how

0:47:23.239 --> 0:47:24.839
<v Speaker 2>the regular folk liked it before they.

0:47:24.719 --> 0:47:27.440
<v Speaker 1>Moved it to the big leagues. So what happens.

0:47:28.320 --> 0:47:32.359
<v Speaker 2>People loved it, loved the can, It stayed cold, it's

0:47:32.400 --> 0:47:35.560
<v Speaker 2>easy to stack, and this is key. You didn't have

0:47:35.600 --> 0:47:36.799
<v Speaker 2>to pay a deposit on it.

0:47:36.960 --> 0:47:40.640
<v Speaker 1>Oh yeah, the old school bottle. This was true in

0:47:40.680 --> 0:47:42.479
<v Speaker 1>Mexico when I was a kid. If you bought beer

0:47:42.480 --> 0:47:44.160
<v Speaker 1>in Mexico when I was a kid, it came in

0:47:44.200 --> 0:47:47.359
<v Speaker 1>these really thick bottles, and you paid a deposit that

0:47:47.520 --> 0:47:49.920
<v Speaker 1>was on the order of as much as the beery,

0:47:50.239 --> 0:47:52.680
<v Speaker 1>and you would take the bottles back to that beer

0:47:52.719 --> 0:47:55.240
<v Speaker 1>shop like that was a huge percentage of the price,

0:47:55.320 --> 0:47:57.279
<v Speaker 1>so much that you would always bring them back to

0:47:57.320 --> 0:47:58.600
<v Speaker 1>that chop to get your deposit.

0:47:59.200 --> 0:48:02.520
<v Speaker 2>Now you want beer, you buy the can, get the

0:48:02.520 --> 0:48:05.600
<v Speaker 2>little church key which they sometimes gave away, you drink it,

0:48:05.960 --> 0:48:07.680
<v Speaker 2>and then you just throw the can out the window.

0:48:08.160 --> 0:48:12.000
<v Speaker 2>Perfect problem America. Right, Krueger sales went up. The beer

0:48:12.000 --> 0:48:14.720
<v Speaker 2>company went up five hundred and fifty percent one hundred

0:48:14.719 --> 0:48:18.080
<v Speaker 2>and eighty thousand cans a day. Other brewers jump in

0:48:18.719 --> 0:48:22.640
<v Speaker 2>continental can. You'll remember that the tart rival. They jump

0:48:22.680 --> 0:48:25.839
<v Speaker 2>in with another technical innovation that did not survive, a

0:48:25.880 --> 0:48:29.960
<v Speaker 2>beer can with a cone on top so that brewers

0:48:30.000 --> 0:48:32.840
<v Speaker 2>could use the same bottle caps. So it's essentially a

0:48:33.800 --> 0:48:36.880
<v Speaker 2>metal bottle that you could run through the machines and

0:48:36.880 --> 0:48:37.600
<v Speaker 2>put the caps on.

0:48:37.760 --> 0:48:40.360
<v Speaker 1>I wonder why that didn't survive, because that seems easier

0:48:40.400 --> 0:48:42.760
<v Speaker 1>to drink out of than the church Key style.

0:48:43.120 --> 0:48:44.600
<v Speaker 2>Probably just more expensive.

0:48:44.640 --> 0:48:46.840
<v Speaker 1>Oh yeah, and I guess you can't stack them to

0:48:46.920 --> 0:48:47.680
<v Speaker 1>your earlier point.

0:48:47.880 --> 0:48:52.359
<v Speaker 2>And of course it would be the nineteen sixties, after

0:48:52.400 --> 0:48:55.040
<v Speaker 2>the can had turned aluminum, that they would figure out

0:48:55.640 --> 0:48:58.520
<v Speaker 2>how to put an opener into the can itself.

0:48:58.840 --> 0:49:02.080
<v Speaker 1>This was the deadly version, right, the version that I

0:49:02.120 --> 0:49:06.359
<v Speaker 1>still remember occasionally seeing when I was a kid, Takata beer.

0:49:06.400 --> 0:49:08.759
<v Speaker 1>I lived in southern California, and Takata beer still had

0:49:08.760 --> 0:49:11.799
<v Speaker 1>that old nineteen sixties style where there's a little ring

0:49:12.400 --> 0:49:14.279
<v Speaker 1>and you put your finger thering and you pull it

0:49:14.640 --> 0:49:16.359
<v Speaker 1>and what you get off of the top of the

0:49:16.400 --> 0:49:20.680
<v Speaker 1>can is this razor sharp piece of metal that is

0:49:21.160 --> 0:49:24.640
<v Speaker 1>a weapon, essentially, and that's how you open the can,

0:49:24.719 --> 0:49:27.080
<v Speaker 1>and it seems manifestly a bad idea in the way

0:49:27.120 --> 0:49:29.200
<v Speaker 1>a lot of things from that era do now. Many

0:49:29.239 --> 0:49:32.800
<v Speaker 1>people must have truly hurt themselves on these razor sharp

0:49:33.120 --> 0:49:34.880
<v Speaker 1>things that came off the top of cans.

0:49:34.960 --> 0:49:37.560
<v Speaker 2>I'm a little older than you, and when I was

0:49:37.600 --> 0:49:42.440
<v Speaker 2>growing up, the gutters of the city were filled with

0:49:42.520 --> 0:49:45.439
<v Speaker 2>these little cantops, these little pieces of metal that you've

0:49:45.440 --> 0:49:48.400
<v Speaker 2>pulled off. I remember my mother warning me when we

0:49:48.440 --> 0:49:50.879
<v Speaker 2>went to the beach, because obviously people woul drink beer

0:49:50.880 --> 0:49:53.880
<v Speaker 2>at the beach, they would toss these little pieces of

0:49:53.880 --> 0:49:56.040
<v Speaker 2>metal and you would step on them in the beach

0:49:56.320 --> 0:49:58.759
<v Speaker 2>famous Jimmy Buffett song stepped on.

0:49:58.760 --> 0:49:59.359
<v Speaker 1>A pop top.

0:49:59.800 --> 0:50:03.880
<v Speaker 2>Oh yeah, no, yeah, yeah yeah. This was like a

0:50:03.960 --> 0:50:07.959
<v Speaker 2>danger of the time. It gets worse because you knew

0:50:08.000 --> 0:50:10.440
<v Speaker 2>this was happening. You didn't want to litter, So you

0:50:10.480 --> 0:50:12.520
<v Speaker 2>pull off this little piece of metal, and what would

0:50:12.520 --> 0:50:14.440
<v Speaker 2>a lot of people do with it? They'd put it

0:50:14.520 --> 0:50:20.640
<v Speaker 2>inside the can and then carefully drink around it. There was,

0:50:21.280 --> 0:50:25.280
<v Speaker 2>I swear to God, all these news stories about people

0:50:25.320 --> 0:50:29.120
<v Speaker 2>and kids accidentally drinking the polltop. In fact, there was

0:50:29.160 --> 0:50:33.920
<v Speaker 2>an article in Pediatric emergency Care called Swallowed can tab?

0:50:34.480 --> 0:50:36.279
<v Speaker 2>Is it still stuck in the esophagus?

0:50:36.719 --> 0:50:39.520
<v Speaker 1>I hope not? Or do you hope?

0:50:39.520 --> 0:50:39.920
<v Speaker 2>So? No?

0:50:40.000 --> 0:50:41.440
<v Speaker 1>You hope not? Right? What do you want to have?

0:50:41.600 --> 0:50:41.920
<v Speaker 1>You to know?

0:50:42.320 --> 0:50:44.880
<v Speaker 2>In nineteen seventy four a doctor who swallowed one began

0:50:44.920 --> 0:50:48.000
<v Speaker 2>a crusade against them. And this is actually how we

0:50:48.040 --> 0:50:49.800
<v Speaker 2>get the tab that we have today.

0:50:49.960 --> 0:50:51.840
<v Speaker 1>I mean, the thing we have now is genius and

0:50:51.880 --> 0:50:54.719
<v Speaker 1>I actually don't know how we got it. Are you

0:50:54.719 --> 0:50:55.839
<v Speaker 1>about to tell me? I am.

0:50:56.120 --> 0:50:59.160
<v Speaker 2>The solution came from an engineer at Reynold's Metal, so

0:50:59.160 --> 0:51:01.960
<v Speaker 2>they'd been working on this for a while. Danielle Kudzick.

0:51:02.360 --> 0:51:03.920
<v Speaker 2>He says it came to him one night when he

0:51:04.000 --> 0:51:04.799
<v Speaker 2>was watching.

0:51:04.520 --> 0:51:08.360
<v Speaker 1>TV and he had just swallowed a poll tab. I

0:51:08.400 --> 0:51:10.600
<v Speaker 1>have an idea. Why don't you?

0:51:10.640 --> 0:51:12.239
<v Speaker 2>Read from his patent application?

0:51:13.239 --> 0:51:17.160
<v Speaker 1>The opening construction of the invention requires a tab which

0:51:17.280 --> 0:51:21.399
<v Speaker 1>must be stiff against transverse bending, and yet flexible enough

0:51:21.440 --> 0:51:24.600
<v Speaker 1>and tough enough at the connection between the tab and

0:51:24.760 --> 0:51:29.480
<v Speaker 1>wall to permit lifting and retracting the tab without causing

0:51:29.520 --> 0:51:33.840
<v Speaker 1>a fatigue crack at the connection. This is not easy.

0:51:34.160 --> 0:51:36.200
<v Speaker 2>I have thought about this a lot. It's called the

0:51:36.239 --> 0:51:39.839
<v Speaker 2>stay tab, and I've been watching slow motion videos of

0:51:39.880 --> 0:51:40.320
<v Speaker 2>the opening.

0:51:40.360 --> 0:51:41.920
<v Speaker 1>They're all over YouTube. You should really watch it.

0:51:42.000 --> 0:51:45.000
<v Speaker 2>This is an amazing piece of engineering and it actually

0:51:45.080 --> 0:51:52.239
<v Speaker 2>works in two steps. Okay, so the first step is

0:51:52.920 --> 0:51:55.120
<v Speaker 2>it opens. It acts as a sort of like what

0:51:55.160 --> 0:51:58.160
<v Speaker 2>they call like a lever, like a wheelbarrow, where the

0:51:58.160 --> 0:52:00.600
<v Speaker 2>full crum's at the end, and so it opens a

0:52:00.760 --> 0:52:05.560
<v Speaker 2>tiny little hole in the top and it releases the pressure.

0:52:06.239 --> 0:52:09.719
<v Speaker 2>Now at that point, the way this is designed, now

0:52:09.840 --> 0:52:12.000
<v Speaker 2>it's a lever with the full crumb at the little rivet.

0:52:12.520 --> 0:52:15.080
<v Speaker 2>So now that it's like opened a little bit, it

0:52:15.080 --> 0:52:18.000
<v Speaker 2>acts in a different way to open the top in

0:52:18.000 --> 0:52:19.160
<v Speaker 2>a sort of circular way.

0:52:20.200 --> 0:52:24.600
<v Speaker 1>It's so clever. I want to take a moment to

0:52:24.760 --> 0:52:28.239
<v Speaker 1>appreciate how much cleverness there is in the world. We

0:52:28.280 --> 0:52:31.680
<v Speaker 1>are surrounded by cleverness like this that in most cases

0:52:31.800 --> 0:52:34.360
<v Speaker 1>is opaque to us. In this case, it's right in

0:52:34.400 --> 0:52:36.080
<v Speaker 1>front of me. It has been my whole life, and

0:52:36.120 --> 0:52:38.520
<v Speaker 1>I sort of got that it was clever, but until

0:52:38.560 --> 0:52:41.880
<v Speaker 1>you just explained it to me, I never understood how

0:52:42.360 --> 0:52:43.560
<v Speaker 1>subtle and clever it is.

0:52:44.640 --> 0:52:46.920
<v Speaker 2>It's even better than that, because it's all parts of

0:52:46.960 --> 0:52:50.640
<v Speaker 2>the can went through this process. The aluminium in a

0:52:50.680 --> 0:52:53.920
<v Speaker 2>beer can is so thin that it would easily collapse

0:52:54.440 --> 0:52:57.040
<v Speaker 2>except for the pressure that it's under. So the pressure

0:52:57.080 --> 0:52:59.640
<v Speaker 2>is the thing that is making a can incredibly strong.

0:52:59.680 --> 0:53:01.680
<v Speaker 2>You could stand on it and then when you drink it,

0:53:01.960 --> 0:53:04.799
<v Speaker 2>you can crush it. Amazing. Or if you take the

0:53:04.840 --> 0:53:08.680
<v Speaker 2>cans with the vegetables, where's my other can here? Oh,

0:53:09.040 --> 0:53:11.000
<v Speaker 2>they put the ridges on the can. They put the

0:53:11.080 --> 0:53:13.520
<v Speaker 2>ridges on the can so that it doesn't collapse, but

0:53:13.560 --> 0:53:16.000
<v Speaker 2>also so that if the contents expand a little bit

0:53:16.040 --> 0:53:18.520
<v Speaker 2>under heat, there's a little bit of give in the can.

0:53:19.560 --> 0:53:20.200
<v Speaker 1>Incredible.

0:53:20.920 --> 0:53:24.040
<v Speaker 2>I never knew the age of the industrial can company

0:53:24.080 --> 0:53:27.359
<v Speaker 2>peaked in the nineteen fifties and the nineteen sixties. Weirdly enough,

0:53:27.360 --> 0:53:30.600
<v Speaker 2>when Andy Warhol decides to paint those Campbell soup cans

0:53:30.680 --> 0:53:34.719
<v Speaker 2>like as the emblem of modern culture, Sure, all these

0:53:34.760 --> 0:53:35.880
<v Speaker 2>other things will get invented.

0:53:35.960 --> 0:53:36.160
<v Speaker 1>Right.

0:53:36.200 --> 0:53:40.560
<v Speaker 2>You obviously had refrigeration, frozen food, TV dinners, you had cartons,

0:53:40.719 --> 0:53:43.799
<v Speaker 2>reseealable pouches like you just didn't need to eat meat

0:53:43.800 --> 0:53:48.200
<v Speaker 2>from a can anymore. And you know it's interesting the can,

0:53:48.280 --> 0:53:52.640
<v Speaker 2>as this business history arc, it starts out as such

0:53:52.640 --> 0:53:56.920
<v Speaker 2>an amazing insight, right, an amazing invention that wins a

0:53:56.960 --> 0:54:00.520
<v Speaker 2>prize it's incredibly profitable. At first, it brings in competitors,

0:54:00.520 --> 0:54:03.280
<v Speaker 2>it gets cheaper and cheaper, and then it just becomes

0:54:03.280 --> 0:54:06.000
<v Speaker 2>a commodity. No one ever thinks about it. A can

0:54:06.360 --> 0:54:10.279
<v Speaker 2>like sure, like a half trillion cans are produced every year.

0:54:10.360 --> 0:54:14.040
<v Speaker 2>Half trillion, right, beverage cans, but also the vegetable cans, right,

0:54:14.239 --> 0:54:18.360
<v Speaker 2>half a trilli five hundred billion, Yes, mostly beverage in

0:54:18.400 --> 0:54:23.800
<v Speaker 2>a billion a day. Incredible, ye, incredible, tiny little margins

0:54:23.800 --> 0:54:25.880
<v Speaker 2>on each one. Somebody's making some money. But this is

0:54:25.960 --> 0:54:28.319
<v Speaker 2>not the business that you know, you want to be

0:54:28.320 --> 0:54:30.600
<v Speaker 2>in or have your kids be in. It's just a

0:54:30.680 --> 0:54:34.160
<v Speaker 2>normal commodity business that's out there, and the consumer just

0:54:34.280 --> 0:54:36.759
<v Speaker 2>never thinks about it. You look at the label, what

0:54:36.840 --> 0:54:39.239
<v Speaker 2>you want to eat? You open it up or the

0:54:39.239 --> 0:54:41.960
<v Speaker 2>stuff out, throw the can away. The can is invisible.

0:54:42.080 --> 0:54:46.520
<v Speaker 2>The can is invisible. The great can companies, the American Can,

0:54:46.600 --> 0:54:50.640
<v Speaker 2>Continental Can, they don't exist anymore, or not in their

0:54:50.920 --> 0:54:54.560
<v Speaker 2>their former glory. In nineteen eighty seven, what was left

0:54:54.600 --> 0:54:58.640
<v Speaker 2>of Continental Can became part of the United States Can Company,

0:54:58.680 --> 0:55:04.160
<v Speaker 2>a subsidiary of Inter American Packaging. Okay, American Can had

0:55:04.160 --> 0:55:08.000
<v Speaker 2>an even sadder end in the nineteen eighties, Norman Pel's

0:55:08.239 --> 0:55:11.160
<v Speaker 2>hedge fun guy. He starts rolling up packaging companies. He

0:55:11.200 --> 0:55:16.040
<v Speaker 2>buys a American Cans factory operations and National Can another competitor,

0:55:16.920 --> 0:55:21.920
<v Speaker 2>and that leaves American Can with no cans. America Can

0:55:22.120 --> 0:55:24.640
<v Speaker 2>still exists as a sort of conglomerate. They have these

0:55:24.680 --> 0:55:27.600
<v Speaker 2>other businesses they went into in the vinyl and all

0:55:27.640 --> 0:55:29.160
<v Speaker 2>of this, but they don't have any cans. They have

0:55:29.160 --> 0:55:33.840
<v Speaker 2>no can factories. They renamed themselves America Can't. Oh that's good,

0:55:33.960 --> 0:55:34.480
<v Speaker 2>that's great.

0:55:34.840 --> 0:55:38.800
<v Speaker 1>Uh. No, Primerica so different. America Primerica is the perfect

0:55:38.880 --> 0:55:41.160
<v Speaker 1>late twentieth century company. What do they even do? What

0:55:41.280 --> 0:55:43.560
<v Speaker 1>is Primerica Financial Services?

0:55:43.800 --> 0:55:48.799
<v Speaker 2>Yes, USA, they bought Smith Barney, they became a part

0:55:48.920 --> 0:55:51.960
<v Speaker 2>of City Group. It is perfect, from the candy stores

0:55:52.000 --> 0:55:55.600
<v Speaker 2>of France to being part of a giant financial company.

0:55:56.320 --> 0:55:58.960
<v Speaker 2>I still have this dream that like in the vault

0:55:58.960 --> 0:56:01.080
<v Speaker 2>of the City Group building here in Manhattan, maybe in

0:56:01.160 --> 0:56:04.359
<v Speaker 2>the basement, there's a vault and some banker goes down

0:56:04.360 --> 0:56:08.440
<v Speaker 2>there looking for old mortgage documents or something, and sorting

0:56:08.480 --> 0:56:11.000
<v Speaker 2>through the piles of documents. You know, there's stacks of

0:56:11.040 --> 0:56:15.239
<v Speaker 2>money in the corner, and there underneath the documents is

0:56:15.239 --> 0:56:21.880
<v Speaker 2>a single rusted can. It's veal, veal and gravy, and

0:56:21.920 --> 0:56:22.879
<v Speaker 2>it still tastes great.

0:56:23.680 --> 0:56:26.359
<v Speaker 1>Please email us or leave a comment below. You can

0:56:26.360 --> 0:56:27.760
<v Speaker 1>tell us what you want to hear on the show.

0:56:28.000 --> 0:56:30.399
<v Speaker 1>You can also tell us what is the oldest can

0:56:30.440 --> 0:56:33.080
<v Speaker 1>of food you have in your house? Let me ask you,

0:56:33.160 --> 0:56:34.799
<v Speaker 1>Robert Smith, what's the oldest can of food you have

0:56:34.840 --> 0:56:35.239
<v Speaker 1>in your house?

0:56:35.280 --> 0:56:37.920
<v Speaker 2>I've been thinking about this. The oldest can is from

0:56:37.960 --> 0:56:41.520
<v Speaker 2>about fifteen years ago. It is a canned ham, and

0:56:41.560 --> 0:56:43.520
<v Speaker 2>there's no way I'm ever going to eat it unless

0:56:43.520 --> 0:56:46.640
<v Speaker 2>things get really bad, because like old ham is better

0:56:46.719 --> 0:56:47.560
<v Speaker 2>than no ham at all.

0:56:48.080 --> 0:56:50.799
<v Speaker 1>I also have something fifteen years old. It's from when

0:56:50.960 --> 0:56:54.680
<v Speaker 1>my first daughter was born and she's fifteen. It's a

0:56:54.719 --> 0:56:58.120
<v Speaker 1>can of freeze dried milk, which I'm not sure if

0:56:58.120 --> 0:56:59.000
<v Speaker 1>it's still good.

0:56:59.400 --> 0:57:02.520
<v Speaker 2>Was it the financial crisis that Panick does? So write

0:57:02.600 --> 0:57:04.839
<v Speaker 2>us with your oldest can, send us a picture if

0:57:04.880 --> 0:57:08.399
<v Speaker 2>you like. We are Business History at Pushkin dot fm, or.

0:57:08.360 --> 0:57:10.440
<v Speaker 1>Leave your answer in the comments. If you're watching on YouTube,

0:57:10.520 --> 0:57:15.120
<v Speaker 1>our show today is edited by our showrunner Ryan dilley Man,

0:57:15.120 --> 0:57:17.360
<v Speaker 1>who loves a canna baked beans. Do you love a

0:57:17.440 --> 0:57:19.920
<v Speaker 1>can of bake beans, he gets generic beans. Our engineer

0:57:19.960 --> 0:57:23.800
<v Speaker 1>is Sarah Bruguer and our producer is Gabriel Hunter Chang.

0:57:23.960 --> 0:57:26.640
<v Speaker 1>And I am Jacob Goldstein. I'm Robert Smith. He is

0:57:26.640 --> 0:57:29.080
<v Speaker 1>a business history show, but the history of business. Thanks

0:57:29.120 --> 0:57:29.600
<v Speaker 1>for listening.