SHIPPING: The $

The Man. A hardy old merchant sat on the porch of his palace, last summer, gazed at the shipping inside the Golden Gate. Almost he could see the red flag on this stern and that−the red flag with the white $ on it. That stood for little Robbie Dollar, who romped about Falkirk, Scotland, more than three-quarters of a century ago. It stood for Robbie, the Canadian lumberjack, who ventured into business for himself, bought a 300-ton boat because lumber freights were so high. It stood for...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on TIME.com

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!