Building Bridges Newsletter
Supporting businesses by lending good money to good businesses!
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As we are in the traditionally "hot" season of the year, we have researched the internet for some hot topics for your reading enjoyment in this edition of Building Bridges, starting with Will Oremus's great article from 2013 on air conditioning!
Our July book pick, The Organized Mind, will hopefully be useful in summer organizing projects.
As a holiday reminder, July 4th this year falls on a Saturday, which means Mazon offices will be open on Friday, July 3rd. I know this is a question many clients, customers and visitors to our office will have about this holiday celebrating America's independence!
We hope this month is one of your best ever, and you can make some time to spend with family and friends!
Happy July!
Lisa Hultz
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American Made: A History of Air Conditioning
Anyone tempted to yearn for a simpler time must reckon with a few undeniable unpleas- antries of life before modern technology: abscessed teeth, chamber pots, the bubonic plague and a lack of air conditioning in late July. As temperatures rise into the triple digits across the United States, it's worth remembering how we arrived at the climate-controlled summer environments we have today.
Until the 20th century, Americans dealt with the hot weather as many still do around the world: They sweated and fanned themselves. Primitive air conditioning systems have existed since ancient times, but in most cases, these were so costly and inefficient as to preclude their use by any but the wealthiest people. In the United States, things began to change in the early 1900s when the first electric fans appeared in homes. But cooling units have only spread beyond American borders in the last couple of decades, with the confluence of a rising global middle class and breakthroughs in energy-efficient technology.
Attempts to control indoor temperatures began in ancient Rome, where wealthy citizens took advantage of the remarkable aqueduct system to circulate cool water through the walls of their homes. The emperor Elagabalus took things a step further in the third century, building a mountain of snow (imported from the mountains via donkey trains) in the garden next to his villa to keep cool during the summer. Marvelously inefficient, the effort presaged the spare-no-cost attitude behind our modern-day central air conditioning systems. Even back then some scoffed at the concept of fighting heat with newfangled technologies. Seneca, the stoic philosopher, mocked the "skinny youths" who ate snow to keep cool rather than simply bearing the heat like a real Roman ought to.
Such luxuries disappeared during the Dark Ages, and large-scale air conditioning efforts didn't resurface in the West until the 1800s, when well-funded American engineers began to tackle the problem. In the intervening centuries, fans were the coolant of choice. Hand fans were used in China as early as 3,000 years ago, and a second-century Chinese inventor has been credited with building the first room-sized rotary fan (it was powered by hand). Architecture also played a major role in pre-modern temperature control. In traditional Middle Eastern construction, windows faced away from the sun, and larger buildings featured "wind towers" designed to catch and circulate the prevailing breezes.
In late 19th century America, engineers had the money and the ambition to pick up where the Romans had left off. In 1881, a dying President James Garfield got a respite from Washington, D.C.'s oppressive summer swelter thanks to an awkward device involving air blown through cotton sheets doused in ice water. Like Elagabalus before him, Garfield's comfort required enormous energy consumption; his caretakers reportedly went through half a million pounds of ice in two months.
The big breakthrough, of course, was electricity. Nikola Tesla's development of alternating current motors made possible the invention of oscillating fans in the early 20th century. And in 1902, a 25-year-old engineer from New York named Willis Carrier invented the first modern air conditioning system. The mechanical unit, which sent air through water-cooled coils, was not aimed at human comfort, however; it was designed to control humidity in the printing plant where he worked. In 1922, he followed up with the invention of the centrifugal chiller, which added a central compressor to reduce the unit's size. It was introduced to the public on Memorial Day weekend, 1925, when it debuted at the Rivoli Theater in Times Square. For years afterward, people piled into air conditioned movie theaters on hot summer days, giving rise to the summer blockbuster.
It's not an exaggeration to say that Carrier's innovation shaped 20th Century America. In the 1930s, air conditioning spread to department stores, rail cars, and offices, sending workers' summer productivity soaring. Until then, central courtyards and wide-open windows had offered the only relief. Residential air conditioning was slower to take hold: As late as 1965, just 10 percent of U.S. homes had it, according to the Carrier Corporation. Families in the South made do by sleeping on the porch or even putting their underwear in the icebox. By 2007, however, the number was 86 percent. As cool air spread across the country, Sun Belt cities that had been unbearable in the summer became more attractive places to live and work, facilitating a long-term shift in U.S. population.
Europeans have been slower to embrace air conditioning, but like cold beer and ice water, it's beginning to catch on there, too. Data on air conditioning in the developing world is scarce, but it's safe to say most Africans and South Asians still make do without it. A recent Times of India article on how to stay cool in summer recommended wearing linens and drinking lots of fluids to avoid heat stroke. The modern Indian version of iced tea on the front porch? Nimbu paani (lemonade) from a street cart.
(By Will Oremus, July 13, 2013, www.slate.com.)
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This Month In History

President Abraham Lincoln signed the first income tax bill on July 1, 1862, levying a 3% income tax on annual incomes of $600-$10,000 and a 5% tax on incomes over $10,000. Also on this day, the Bureau of Internal Revenue was established by an Act of Congress.
Taxes began to be withheld from paychecks on July 1, 1943.
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July Business Book Pick
The Organized Mind, by
Daniel J. Levitin.
Hardcover, 528 pages; published by Dutton, Aug. 19, 2014; ISBN-10: 052595418X, ISBN-13: 978-0525954187.
The information age is drowning us with an unprecedented deluge of data. At the same time, we're expected to make more and faster decisions about our lives than ever before. No wonder, then, that the average American reports frequently losing car keys or reading glasses, missing appointments, and feeling worn out by the effort required just to keep up.
But somehow some people become quite accomplished at managing information flow. In The Organized Mind, Daniel J. Levitin, PhD, uses the latest brain science to demonstrate how those people excel, and how readers can use their methods to regain a sense of mastery over the way they organize their homes, workplaces, and time.
With lively, entertaining chapters on everything from the kitchen junk drawer to health care to executive office workflow, Levitin reveals how new research into the cognitive neuroscience of attention and memory can be applied to the challenges of our daily lives. This Is Your Brain on Music showed how to better play and appreciate music through an understanding of how the brain works. The Organized Mind shows how to navigate the churning flood of information in the twenty-first century with the same neuroscientific perspective.
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Thoughtful Thoughts
It's what each of us sows, and how, that gives to us character and prestige. Seeds of kindness, goodwill, and human understanding, planted in fertile soil, spring up into deathless friendships, big deeds of worth, and a memory that will not soon fade.
- George Matthew Adams (1878-1962)
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July Humor
A man was crawling through the Sahara dessert, desperate for water, when he saw something far off in the distance. Hoping to find water, he went towards the image, only to find a very old little man sitting at a card table with a bunch of neckties laid out on it.
The man asked, "Please, I'm dying of thirst, can I have some water?" The old man replied, "I don't have any water, but why don't you buy a tie? Here's one that goes nicely with your shirt."
The man shouted, "I don't want a tie, you idiot -- I need WATER!" The old man replied, "OK, don't buy a tie. But to show you what a nice guy I am, I'll tell that over that hill there, about 4 miles, is a nice restaurant. Crawl that way, they'll give you all the water you want."
The man thanked him and crawled away towards the hill and eventually disappeared. Three hours later, the man came crawling back to where the old man was sitting behind his card table. He said, "I told you, about 4 miles over that hill. Couldn't you find it?"
The man rasped, "I found it all right, but they wouldn't let me in without a tie!"
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July 2: Salvation Army Founders Day; July 4: Independence Day; July 22: Hammock Day (relax & enjoy!); July 23: National Hot Dog Day; July 25: Special Summer Olympics Opening Day, Cross Atlantic Communication Day; July 26: Parents Day; July 30: Father-In-Law Day.
Note: Independence Day this year falls on Saturday, July 4, which is a day Mazon is normally closed. Therefore, we will not be closed to our clients on Friday, July 3 as banks and post offices will be open.
FAQ: What is the difference between "recourse" and "non-recourse" factored invoices?
Factoring invoices on a "recourse" basis means that the client is ultimately responsible for payment if a customer doesn't pay. Factoring invoices on a "non-recourse" basis means that the factoring company assumes the credit risk of the customer (usually at higher rates), thereby protecting the client from possible credit loss. In order to keep your fees lower, we normally provide recourse factoring. However, we also provide non-recourse factoring if necessary.
If you would like to find out more about our services for your business and/or apply for an account with Mazon Associates, please phone us at 972-554-6967 (toll-free 800-442-2740 or visit our website at
$$$ Refer And Earn $$$
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Business contacts, friends, family and acquaintances -- you just never know when someone you know might need Mazon's accounts receivable factoring services! Visit our referral page for more information.
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About Our Clients
Our clients are traditionally businesses that are manufac- turers, distributors and service companies in the following areas: advertising / marketing / apparel / design / courier & delivery services / equipment repair & maintenance / environmental services / graphic design / signage & printing / staffing & employ- ment services / security services / catering & food services / legal services / light construction / telecommuni- cations / transportation services. Our clients may include start-up, early-stage growth and high-growth businesses; under-capitalized businesses with historical operating losses; businesses with cash flow problems having a cash flow need; businesses with tax liens or turnaround situations; businesses who may not currently meet a bank's credit criteria. Our clients have delivered services or products to other businesses and have business-to-business invoices that can be independently verified. Most of our clients have come to us through referrals from current and former clients. We rely heavily on word-of- mouth marketing to bring in new clients -- and we offer a lucrative referral program. Our clients are located in any of the 50 states in the U.S.A. Our clients are not companies with a majority of consumer receivables such as retail businesses, progress billings, third party pay medical receivables and certain construction-related businesses.
For more information about becoming a client, please contact us by telephone 972-554-6967 or toll-free 1-800-442-2740, or visit our website:
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