New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-05-28
IN. c. D. BORDEN DEAD
Was Leading Manufacturer OF
Cotton Print Cloth for Years.
STOOD FOR HIGH WAGES
Averted Many Strikes by HUI
name Dealings with En-
rloyes at Fall River.

Matthew C. n Borden one Of the most
prominent cotton. goods manufacturers III
the country died yesterday at his summer
home at Oceanic. y. J. Intestinal trouhle
was the cause Of death When his condi-
ton took a turn for the worse several days
ago his family were called to his bedside
from his home. at no . West seth street.
and the, remained with him until the end.
Probably few persons were better &C
ouaiuted with the print cloth business than
Matthew G. y. Borden. lie WAS regarded
as the most important single owner OF
print cloth mills in Fall River, and as such
had done much toward helping those VINO
worked for him. ON more than one occa-
sion ne had demonstrated his ability and
willingness to help the laborinC man In the
best way Of all 10y providing steady work
a good wages
Mr. Borden frequently came 10 tho front
and averted strikes by his humane attitude
toward the workers. Naturally his actions
made some enemies among those manu-
facturcrs who could see only one way OF
meeting n trade crisis. that Of reducing
wages Nlr. Borden was on principle op-
posed to any such idea, and he said: Il
am I'm favor Of high wages as a general
principle of business. Wages must always
be kept up, because cheapeninG OF manu-
facture cheapens prices
Born in Fan River seventy years ago.
Mr. Borden was the son Of Colonel Richard
Borden. a pioneer manufacturer Of that
city. YouuE Borden received his early edu-
cation at Phillips Academy, Andover.
Mass. and then entered Yale University.
fr,r,, u-b{,h ipctitufior no yag pra1ua 81
with the class Of "a.
Immediately following his graduation Mr..
Borden went 10 work I'm drvgoods store.
In three years he became q partner in
commission house. where he represented the
American Print Works. of Fall River. az
selling agent Following the failure Of the
print works in 1879 Mr. Borden reorganiLed
them. and the business was resumed under
the name Of the American Printing Com
pany.
In 1857 Mr. Borden bought his brothers
interest I'm the American Printing Com
pany and became practically sole owner Of
the works. which are regarded as the larg-
est OF their kind IN the world Then he built
several fine mills at Fall River. and from
that time on until practically up to the
time Of his death he had been actively en-
gagged in the business at which he amassed
n fortune.
Mr. Borden devoted his leisure 10 sailing
his yachts having been the owner Of many
fast ones The Little Sovereign, which was
built for him in 1909. IS said 10 be the fast
est craft OF its size ON the Atlantic sea
board. In a trial spin the boa, covered n
mile in ! minute Is seconds over tho gov
ernmonts measured course on tho Hudson
River.
The FIRST important steD Mr. Borden had
made toward rotirng from active business
was in April 1911 AZ that time he resigned
as a director Of tho Lincoln National Bank
His son. Howard s. Borden. succeeded him
Mr. Borden was one Of the two survivors OF
the original board OF directors Of the bank
which was organized in January. lSSc.
Mr.. Borden married MISS Harriet VI
Durfco. of Fall River Iu Is5J Seven chill
drcn have been born ~ them be Was II
member Of the Union League metropolitan.
Republican, Merchants Downtown. Play
ors, Riding New York Athletic. New York
Yacht Seawanhaka Yacht South Side
Sportsmens and Jekvl Island clubs. ~ well
as the Yale Alumni and the New England
Society. Hc was also 2 director In the fol
lowing corporations Bank Of IN. Maunat.
tan COMPANY Astor Place Bank. Lincoln
Safe Deposit Company and the New York
Security and Trust COMPANY