Herald and news. [volume] (West Randolph, Vt.) 1878-1943, 1892-01-07

successive morning and the profit
equal TO those from any stable indus
try, will give to the town the one thin
needed, money. Capital is needed an
if the men who have been hunting TO
safe investments viii come here AM
investigate for themselves they vii
learn that here is promising oppor
tunity. Exemption from taxation fo
a term of years is an inducement tina
Vermont towns have learned mus
be offered if they wish to have theil
resources developed through the aid o
the capitalists and this town offers tina
inducement.
1t does not seem necessary at this
time to advance any argument to sup.
port the statement that granite work
ing is one of the most stable of indus
tries and that only under gross mis-
management capital invested in this
industry fails to gain sure profits but
possibly the story of what has been
accomplished here in comparatively
few months may give those who are un
acquainted with the facts a better idea
of what can be done than they now
have.
The Williamstown Granite Co.
purchased 8 acres of quarry land Oct.
IA, 1887. Work upon the railroad was
commenced the 10th of the preceding
month Collins Williams and Wiley
Bros, Wells, Lamson 4 Co., and the
Carrick Bros. had opened quarries be-
fore this and were doing large bust
mess in quarrying Williamstown gran
lite but the granite was taken TO the
Barre stone sheds and when it left the
sheds it was labelled "Barre granite.
The railroad was completed in August,
1888, and early the next year the
Williamstown company opened quar-
ry; at the same time it built some
stone sheds near the railroad station
and soon rented them to some young
men who had skill and small amount
of money. These young men are still
here and their business is increasing as
is also their capital. The Williams
town Granite Co. composed of the fol-
lowing men Hon. G.. u. Lathrop
(Judge Lathrop has / ow sold his stock
in this company to g. W. Lynde),
James X. Lynde, Geo. Beckett and
VIM. u. Pratt, had capital of but
$4,000 but so well did it manage its
affairs, it carried along its own work
and gave the young men who had hir-
ed its sheds aid later it became the
500" of Grearson, Moore 4 Co a
firm that now employs 20 men. In
1890 this firm did a business amount
ing to Sl2, 900; this year it has al
ready done business that amounts TO
$50, 900. John Duffus employs nine
men; James Bissette, s.; Henry Nix
IN, 3. Each of these firms do bus
ness as large, in proportion 20 the
number of men employed, as the one
irst named and business done by each
n the present year is at least double
hat done by the same firm last year.
10 1889 Lynde & Cheney started some
machines in small build
ng attached to the mills at what is
,nown as 'Mill village" about one
lalf mile from the stone sheds. This
vas from the first a paying enterprise
md they soon had to build large
building in which they now have eight
all that they can run with
he power they can spare from the mills.
The polishing shops are said to have
he cream OF the granite business. A
arge polishing mill is needed here and
he land upon which it should be built
would be given to any reliable firm
hat would build mill and put in the
leeded polishing machines. Plenty of
work would be guaranteed. In Nov,
$3.50, there was fire that burned the
lotel, large business block and other
This was a most disastrous
ire.~ The hotel was needed and there
vas call for dwelling houses and bus
ness blocks that could not be met. 1t
vas decided setback to the growth
,fthe town. To meet this emergency
he Williamstown Construction Co.
vas organized, with capital Of $4,000.
ion. c. e. Lathrop was elected pres
dent; Geo. w. Lynde, vice-presi-
lent; Geo. Beckett, secretary and
This company purchased
everal acres of land west of the rail-
Dad and have already built ten build
ngs. A hotel S0x44 and three stories
igh has been built at cost of about
Z, 900. This has been nicely furnish
d and is kept by George Clark 4 Son.
he father was a member of Co. D.,
9th VT. The service and the food
hat is furnished here is of the best.
Iorth of the hotel Beckett x Gale have
uilt large business block that is oc-
upied by c. NJ. Seaver, dealer in dry
GODS and groceries, @. w. Brush,