The Bennington evening banner. (Bennington, Vt.) 19??-1961, 1909-11-10
GREAT HARMONY MILLS SOLD
Deal May RevoIutionize Manufacture
of Print Goods

OGdl way
of Print Goods
Troy, Nov. S.-As recently announ-
ced transfer of the great properties
in Cohoes-the Harmony Mills and
their water-power, tenements and
other assets-is practically settled up
on. The following statement is from
the New York World of Saturday
morning;
THE Marquise de Breteuil and her
sister, Lady William Gorden-Cumming
formerly known to American society
as the beautiful and charming Garner
girls, made a deal in this city yester
day in connection with cotton print
goods that may, it was said. revolut-
ionize the industry in this country. To
a syndicate of Southern and Eastern
cotton mill owners they sold the vast
cotton print goods manufactures in
the northern part of this state which
they inherited from their father VIM.
T. Garner, who, with his wife, his
brother-in-law, and a guest. was
drowned by the capsizing of his yacht
Mohawk in New York Bay in 1876
The acquisition by the Southerners of
the control of these print mills will,
it was declared, free them from the
yoke of the big trust in the New Eng,
land states, and enable them to reduce
materially the price of their goods to
the consumer, thus probably nullify-
ing the effect of the increase in the
tariff, which the cotton print goods
ring was credited with having Undue
ed Senator Aldrich to force through
Congress.
THE price for which the sisters
sold their mills, which employ about
10000 hands, was not disclosed offici-
ally. 1t was said to have been in the
neighborhood of S15,000,000. The
purchasers are a syndicate of Eastern
and Southern mill owners, who by ac-
curing control of this great proper
ty will, 1t was said in Wall street yes
terday, practically revolutionize con
ditions in respect to the cotton man
ufacturing industry in the South, if
not in the entire country. The pro
moters of the syndicate were the firm
of Deering, Milliken & Co., commits
sion merchants and agents for large
number of Eastern and Southern cot
ton mills. They will be the sole sell
llk dEtntS lOl Allt iCM NOllUlldNiOlf
which will enable the cotton men of
the South to compete with the big
trust in the New England states so far
as their print goods are concerned.
The announcement of the sale of the
Garner works was made yesterday by
Lorenzo Semple of the firm of Coudert
Brothers. lawyers for the Garner heir
esses. Mr. Semple, however did not
mention the fact that these heiresses
themselves. had taken prominnt part
in the negotiations and that they had
returned TO this, ther native land, for
the first time in almost fifteen years
to carry them through.
AT the death of Mr. Garner the val
ne OF his estate was estimated at $751;
100000 1t consisted principally of his
cotton goods factories The whole
was left to his three daughters, Mar
cellite. Edith and Florence who are
now respectively the Marquise de Bre
teuil, Countess Leon de Moltke HUT
feldt. and Lady William Gorden-Cum
ming For some time after his death
the estate was managed by the execu-
tors. Then it was Incorporated. the
heiresses, of course holding all but a
few shares Under this form 1t has
been operated most successfully ever
since but the titled heiresses. it was
said last night, are becoming tired of
being connected with trade and in ad-
dition are DESTROYS of freeing them
seles from the care and trouble incid-
entail to their positions as owners of
a large corporation For that reason
they decided to get rid of the mills
and invest their money in something
that will necessitate no such exertion
and worry The Marquise de Bruteuil
who is staying in the Holland House
last night asked to be excused from
the sale of the mills. I'VE
don't want to say anything about IT,
settled, she said"