Vermont watchman and State journal. [volume] (Montpelier, Vt.) 1836-1883, 1873-04-23
Manufactures in Montpelier.

well established fact, helps US to think
wisely aud to some purpose That company
earned a dividend Of twenty per cent last
year, and is quite able to make twenty
per cent dividend this year, we learn, on
considerably larger capital. 1t employs
seyenty-fve men in the manufacture OF
children's cabs and sleighs, and as there is
never any end to babies and boys, there
will never be any end to the business Of
making cabs for them TO ride in and sleds
for coastipg. And as the population and
wealth Of the country increase, any estab-
lished corporation which meets satisfactorily
this demand, will always have all the work
it can possibly do. This company, we are
informed, has more orders than it can Gil
There are weeks when its orders exceed
four or five times the capacity Of the shops
The business, Of course, when prudently
managed, as this is, will be of very great
value both to the stockholders and the com.
munity. There is no place where capital
does so well for itself and for the commune
ty Us in manufactures Of needed articles
All iron, tin, wood, carriage, cloth and
clothing and hardware factories are always
sure Of work to their utmost capacity. The
demand is regular constant and increasing
Such factories have doubled and ten-foded the
wealth Of the places where they have been
located. They have built up towns and
cities at all points They have made new
villages and rebuilt those that are dlapida-
ted and fallen down. They help merchants,
farmers, bankers, aud all the other indus.
tries Of life. They set gold, which is the
blood Of civilization, flowing through all
the veins Of society They enlarge schools
colleges and churches. They pay o larger
profit than agriculture, than railroads, than
banks. They sustain cheerful and indus.
trious population. They increase commerce
and traffic of all sorts, whiten the sen with
sails of ships, and send freight trains pant
ing with their burdens over the land.
Ten hundred thousand dollars in bank
pays ten per cent and gives employment to
two persons Que hundred thousand dol
lars in a well managed factory, furnishes
employment to hundred persons, and is
twenty per cent. investment. tits idle for
men to say that manufacturing is a risky
business. 1t is not half so risky as banking.
1t has covered more acres with palaces
than the hanks have covered square feet
with houses. Banks are indispensable to a
manufacturing or commercial community,
but commercial community is far more
indispensable to banks. There is nothing
more sure than the profits of manuiactur.
ing industry. 1t takes a comparatively
worthless raw material and increases its
value thousand per cent, sometimes ten
thousand per cent 1t leaves, after cost Of
production and labor, large margin for
profits.
There is no region OF work where thought
and skill and science and industry tell with
such large results. Thaddeus Fairbank,
put little FRAMEWORK into the matter o.
weighing farm products, and the result is
that the scale corporation of St. Johnsbury
is doing business all over the world, anC
its annual profits are counted by hundred
of thousands. The surplus is enough t.
build and equip railroads over the highes
mountains of New England. Dennis Lam
put little Of his brains into the wood an,
iron necessary for the machinery of saw
mill, and Pitkin Il Brock put little o
their executive and financial ability to the in
vention, and the result is amauuiactory tina
is already sending its work over a continent
and is destined to increase it without limit
Enos Simpson has got little of his min
into door spring. 1t is the most capital an
valuable invention for cold climate tina
was ever conceived, and with two cen,
worth Of iron, and ten cents worth of worl
he can shut every door or gate in the cour
try without the aid of human hands, o
certainly as it is opened, and have prof
Of seyenty-6ve cents TO himself.
Now if Montpelier will furnish shop ROOF
and power, in some suitable place, the profit
which always belong to energetic manuia'
turing will draw the manufacturers her,
This is work that cannot be done too sool
and cannot be overdone when it is begun
Put brains and money into it, and "
build up our town, furnish work to thos
who need it, make noble men and wome
by saving our youth from idleness and vic
and set all the wheels Of outward prosperit
to running.
We understand that sufficient land for
site for mandatory has been offered Q
the meadow Of the Hubbard estate, c
Barre street. 1t will join the Montpeli,
4 Wells River railroad 1t is very ir
location for the erection Of large aud exte
siye shops. We trust our men of busine
and capitalists will take hold Of this cnte
prise with efficiency. We shall soon ha'
the new railroad at work, and if there
any advantage in being competing poi
for traffic, we shall have that adyantag
With new factories and with new railroi
facilities, we look to see larger grow
than we have ever had. Our young me
instead Of going to other regions will
kept at home. and our capital, instead
enriching other communities, will bui
up our own.
The rebuilding in Boston is in raj
progress. 1t is stated that permits ha
aireadv heen issued for l62 nav etructur