19 August
1851 Soft drink entrepreneur Charles Elmer Hires (b. 1851) began selling a ready-to-drink beverage made from 16 different wild roots, herbs, bark and berries in bottles in 1886. He selected the name "root beer" when a friend commented that hard-drinking miners would be attracted to root beer than to herb tea.
1870 Financier, stock speculator and adviser to presidents during and after the two world wars, Bernard Mannes Baruch -- A millionaire by 30, he said in 1955 on his 85th birthday,
A man can't retire his experience. He must use it. Experience achieves more with less energy and time.
1883 Gabrielle "Coco" Chanel, the French fashion designer/entrepreneur/said to be Nazi spy or lover to one, who ruled over Parisian haute couture for 6 decades, said,
Innovation! One cannot be forever innovating. I want to create classics.
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