Business & Finance: Zippers

Tired of lacing up his boots, a Chicagoan named W. L, Judson in 1893 devised the world's first slide fastener. It worked badly, but it made an instantaneous impression upon Colonel Lewis Walker, a lawyer from Meadville, Pa. Colonel Walker spent the next 20 years and about $1,000,000 collected from a multitude of sources, before he began to achieve any commercial success with the gadget. Judson was unable to perfect it and it was not until 1913 that one Gideon Sundback developed the "zipper" as everyone now knows it. Started that year in a...

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