The Anaconda standard. [volume] (Anaconda, Mont.) 1889-1970, 1895-12-03

New York and Boston. He built sew
eral lines of railway so as to tap ex-
listing lines. but these did not answer
his purposes. So he organized the
Cape Cod Railroad company, and built
a road from marlborough down to
the cape as a feeder TO his Fall River
route. Meantime, to connect his rail-
road that ran Bostonward with New
York. he built, in partnership with his
brother. Jefferson Borden, the Bay
State, a very fine steamboat for those
days, to run between New York and
Tall River. The next year he added
the Empire State, and then the Me-
tropolis; and the we'll known Fall Riv-
er line OF steamers was established. 1t
is related that the earnings of the Bay
State were per cent. a month, and
that the other two boats were entirely
paid for out of the profits of the line.
His sons took up the work where he
left II. and they have proved to be
capable men. But one of his sons, the
youngest, Matthew c. ID. Borden, has
inherited in even a greater degree his
fathers remarkable capacity for at
fairs: and 1t is said by those who re-
member the colonels facultyfor throw
ing off the cares which Cypress ordin-
airy men that the son very greatly re-
sembles the father.
M. G. d. Borden received his scho-
lastic education at Yale, and was the
wooden spoon" of his year. Every
collegian knows what this distinction
means. From college he went into the
counting rooms, in New York, of Low,
Hartman & Co., the selling agents OF
the American Printing Works, one of
the properties of the Iron Works COM
pany. Then when the agency was
changed. he went with Wright, Bliss
& Fabyan, the predecessors or the
we'll known firm of Bliss, Fabyan &
Co., of to-day Shortly after his faith
er's death he bought out the other In
terests in the American Print Works
company, and gradually absorbed the
shares of the Iron Works company.
AT this time the Iron Works company
did not make cotton cloths, but merely
printed them. Mr.. Borden did not
think the other manufacturers treated
him fairly; so in 1889 he built a great
mill. and made the cloth which he af-
forwards dyed. In 1892 he built sec
ond mill: in 1898 a third; and only the
other day the fourth mill, larger and
more complete than any of the others,
was finished.
Three thousand FIVE hundred hands
are employed and 1000 bales of cotton
used in a week and in that time $4,000
pieces OF cotton cloth are turned out.
Last spring, when wages were very
low and a cloud OF depression hung
over Fall River, Mr.. Borden ordered
that the wages in his mills should be
increased. The other mills had to fol-
low his example, and the relief was
immediate. He did not increase the
wages as a philanthropist. but as a
business man who saw that the busl-
ness depression was over and there
would be an instant revival all over
the country. He followed this order
by commanding that a new mill be
built. When this was finished and the
engine was started with simple cere-
monies as a thank offering for his
own prosperity and as an earnest OF
his interest in his native place he gave
500. 900 to the charities of the town.
Associated with him now is his son,
Bertram ii. Borden, who is of the
ninth generation of the Bordens of
Fall River.
John Gilmer Speed.