Burlington weekly free press. [volume] (Burlington, Vt.) 1866-1928, 1872-05-17

Heul Mayo 45 mp H.ceos 100
sif1eg B45ldB f1 F.lett q Bad
Cen 1 c ii'' 80 I.la5o.su 10 -
We give The lat .n fail, for these gentlemen are
entitled 60 honorable m-a.iou Sc PRIMERS in tbr
work O.. establishing aanusac.u-es by oresu,z.l
eiJr. AMI 5sp.-s. o. an extensive scale smau-
us; a-l tAa.- enterprise, though unproiuct.ye
directly &c ito founders, h-s long t-,a steady
s.u-ee OF prosperity ia tle community The
proportion Of ca-e-ship Indicated ,a the above
Ia. varied soneTlst, ty sgbssgaal, u,nr.crs e-
a.ce. ..r. Baxter tlr instance. s5- some lile
Owned svs-.ztseaslso .-s espi,.. stock, rul
s1l,y Bulov, sc be'ieyecyea 6 larger portion.
Iaefrs- president q tAe company vss Samuel
q kas, and jle frs. secretary Carlos Baxter,
who were ssceeeIei by Geo r. Marsh SIS r-e-.-
deaf AMI Sidney Barlow, s,e. a-sr-
The orr -insl plan va TO orrsniza Two sarars.s
corporations. one Of wl;c5, t4e Burlington Mil
TO-, vas TO purchase and coatrol the Isal sn5
water privileges, while tie o,hr. entitled ibc
Col-h.ser Naaufic.asil- Co., uas 90 9c-apy
factory site, rai0v the bridge, sal eject large
min --,;.5 .l,.,,1 .-l.-.. b. vain, ,. .l, ,-.
-.-.- -r --. ,.5.- .---.-- ,-7 --....-. s--,5-
f.. ..... ,.rs,fr, T-e .-..st ffs-. - the ~,
..-..,.... ban, t.-s-.- ~, ..-. .-fi,,,s
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ISL '
7'os ''-'
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e'e'' 10 'lA' 1'y '' ..' l''''' very o-''l '''-
e4-'.--"' '5-' '- N'''
TIE company decided 60 20 i-t' the 'asnp-a'-
tlre %. "5-ien c-oth,a, iunuencei IN great
measure ~ i1elac' tlit Vernon; was a wool
groT.as SAFE Among iae va Gus oian'nsa OF
Eeoi-eu Manufactures they se-ec I'll hroadc.oths-
Both Of thee, azperience shoTed 10 be uaiorta-
nate decisions. Hal they Go7e into tie manu-
t2-tuTo O.: cotton goods, which nave been lar
less affected by h1''ustioas in laril, and -1ore
uniformly prosperous tlsn the uluuiio'use Of
vo5.lens the ea,.-9-i-e would probably have
paid from The S,arl. As for 57osdc.o,Lz, We he
Geve chat bat two mills in this country, Zone 20
Northampton, lisss., and one in Rhode isiana)
have succeeded in fucoaEfiullg competing vi'A
tle foreign makers
The erection OF me oaiId-ne went s-1s-iy on
through The year 1885 90 terrible ~ tie lnar-
cisl reverses, when merchants an1 iisauiae- u79Ta
were falling al over the country, Eli bank loans
we're nyths.
The company expended almost all its capital
in IFS buildings and machinery leSyi7E hardly
suy margin for working csritaL Il was consa-
qusat.y compelled to borrow money from ,hc
star, t7 meet is Furchasoa Of wool, aE1 other
expense.
The manufacturing q broadcloih vac ocn--
E-encel in the spring Of 1882, with iour g. SETS
Of machinery, increased soon after TO eight.
But the business proved Improbable AMI the
history Of tEc succeeding years Is one OF enosr-
-as'nents calls upon tle t-oca1older' Tor MOI
ey and endorsements s2'es CT the exieni''e
re'' e''a'e' tm'st OF winch h-i oaen i@'d ou'
iai' streets ini 1oIlins lo'fj 10 s''oAnoiisls' u
l'py ''Aus 'eo' =''' -'.''Ls "a '-e 0'u -Ny .
''' u -''' WIN s'''''''y 1-' '7-5 % '''
want ci sIccefs were a-triuu- g, .n various t.