Arizona republican., 1902-03-21
which was opened to traffic in August,

which was opened to traffic in August,
 1892
 In the meantime. with his associates he improved his hundred-acre
 tract of land on the Androscogg1n ana
 built the industrial town of Rumford
 Falls. When he organized the Rum ford Falls Power company in 1S9O, with S5OO,0O0 capital, there were only two or l three log cabins at the place. When the new railway was opened in lS92' there was town of more than three thousand population, which has now increased to over five thousand with great mills, stores, churches, news papers, fire department, electric lights and 'all modern improvements The chief industry of the place is the manufacture of wood pulp and paper. The Androscoggin furnishes an unsur- 1 passed water power and water supply, while the surrounding forests provide l the wood. The works at Rumford | falls include everything necessary for the transformation of logs of wood into sheets of paper There are mills for cutting up the trees. chemical works ! for making the chemicals used in re-
 ducing wood to pulp, and paper mills for turning out many tons of finished
 
 an unsurpassed exhibition of the achievements of American ingenuity and enterprise, and is splendid monu- ment to the genius of the man who | called it into being.
 1 MT. Chisholm is the president and the controlling owner of the Portland and Rumford Falls railway, and presi- dent mana ger and controlling owner
 of the Rumford Falls Power company. | But his interests do not end there. He
 was, before the creation of Rumford Falls, the chief owner of the Umbagog l Pulp company. the Otis; Falls Puln | company and the Falmouth Paper 1 company. lie is also q director of the l Casco National bank of Portland, Maine
 | Nor did his enterprise stop with these , things. Observing the tendency of the 1 age toward great combinations of busi- | ness interests. by which cost of pro- ] auction is lessened. injurious compe-
 tition obviated and profits increased to
 the producer and cost reduced to the consumer at the same time. he planned i and with his associates finally executed
 sucb a combination in the paper trade i The result was the formation of the l International Paper company of New York, which was legally organized IT i January. 1899. with $25,OO9,oO0 cumula- ! tive per cent preferred stock and S20.- 1 900, 900 common stock. This giant cor
 poration has acquired by purchase the manufa curing plants. water powers and woodlands of thirty paper making
 concerns, which produce the great bull
 of the white paper for newspapers 1T 1 North America.
 These various mills produce abou
 fifteen hundred tons of finished paper ;
 day. The company holds the title tt
 more than 100000 acres of spruce wood
 lands in the United States and license
 to cut on 2,5O0 square miles in Quebec | Canada.
 Mir Chisholm is the president of thi:
 corporation. Though he has held n'
 public cffice. he has taken keen in | terest in public affairs and is an earn
 est member of the republican part. and upholder of it's principles. He Wa:
 married at Portland. Maine. in 1872 t' l Miss Henrietta Mason. daughter of Dr
 Mason of that city. and has one son ! Hugh Chisholm.