Burlington free press. [volume] (Burlington, Vt.) 1827-1865, 1853-09-23

lIli tttll l'l'o vi ldll'l Nv lIlt iIlldIF Nl'lll-
ity, erected this buil1ing, stocked it with
machinery and made preparations for doing
business on a large scale They soon became
involved in difficulties. due mainly to their
lack of practical knpWlcdgc of the business,
to the cagerncss Of various parties to mako
large profits out Of their immediate connec-
tiOn with it, to the Inc1mrct"ucy or uniaith-
fulncss of the agents they employed. AMI to
some extent, doubtless, to the general doprcs-
sion Of manufactures throughout tho country.
The concern was sold ut Il heavy loss to an
other company, in which Boston capitalists
had the largest share and in their manage
mcnt Of it, similar mistakes led to similar
results. Agents were paid II large per ccntage
for the purchase Of Wool large nrices were
paid to stockholders who furnished material
supcrntendents and ovcrseers whose interest
lay in drawing their salaries, failed to pro-
duce goods which commanded the market
and 80, after new SUGGESTIONS Of lnishaps,
failures and heavy losses the whole establish
mont, which with its lands, outbuildings,
machinery, &c., a., could not have cost origi-
nally less than $500 900, was sold last year,
at public auction, for the sum of SO 800 -
| The purchasers were three brothers, Charles
William and George lIarding-all youngmc
! from Massachusetts practical manufacturers,
! familiar with every branch Of the business,
energetic, inteligcnt industrious and rcsolutc
-ol proved integrity and maniuca. of char
actcr, and competent. as we'll as determined,
/ to take every department Of the cuisines, into
their own immediate and exclusive charge
| They pay no cXtravagant commissions. and
are under no temptation to permit jDI,ing OF
neglect in any direction. They ar prompt to
adopt every improvement in machinery and
in process Of manufacture. Uuluitlough they
have been engaged as yet only few months
III the enterprise, no one who observes their
method Of doing business. or Is acquainted
with the results, doubts their full succcss.-
ihcy manufacture exclusively the finer quail
I ties OF dOe-SktH cloth. of which thcy now pro-
luce about 800 yards every day. They
have Sittcen complete sets Of machinery in the
building, and employ over 32j persons, Of
whom about oae-third are ~irlS. The cloths
they make are sold by Skinner d Co.,. in New
York and Boston, and have already acquired
Il good reputation. The principal competition
they now sustain comes from Germany, and
they are good deal embarrassed by the con-
srant Efforts of Eastern manufacturers to en-
tice away their workmen by the promise ot
| higher wages. They buy their wool at about
IS cents pound, and s2ll their cloth ut from
oac doHqr to q dojiaf amt half 4 yard.
/ =. There is also Cottot mn hnro. owned
! by a Burlington Company, and carried on by
Mr. Rathbun rs stockholdcr and agent. Its
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wa, "'',' r - ~ 'l'a''
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/ to about G"hty horse power. and two ;I2eipu5
buildings, one Of which sncw, built o.. brick,
largo, roomy, admirably situated. and at
present unoccupcd The whole cost not far
from &22,0C0. Mr.. Rathbun is practical
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Rnston InyclI and Nnw-Yorl, /, !. 'u..J