The story of textiles; a bird's-eye view of the history of the beginning and the growth of the industry by which mankind is clothed (1912)
Walton, Perry, 1865-1941 · Boston, Mass., J. S. Lawrence · leaf 336
hun-dred thousand dollars, and five thousand more spindles andone hundred more looms put in. The first dividend wasdeclared Feb. 1, 1850. Slowly, but surely, the business in-creased, and even the Civil War did not close the mill.Although the mill was very successful, it was not until1871, over… … THE STORY OF TEXTILES 239 paid, until the original stockholders had received over 300per cent, on their money. The Acushnet followed in 1881,and the New Bedford and City Manufacturers in 1882.Mill after mill has been erected, until there are now overfifty mills which turn out the best grade of…
Textile industry
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