From Canals to Computers
The birth of Holyoke, Mass., is a classic tale of American capitalism. In the 1840s, financiers from Boston, looking for a new way to make money, decided to build the country’s first planned community along the banks of the Connecticut River. They dammed the river and built canals to create a massive hydro-energy system for a complex of mills that turned out everything from paper to textiles.
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