History of the American Clock Business for the Past Sixty Years, and Life of Chauncey Jerome - LightNovelsOnl.com
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I had always told my young men over there to put a fair price on the clocks, which they did; but the officers thought they put them altogether too low, so they made up their minds that they would take a lot, and seized one s.h.i.+p-load, thinking we would put the prices of the next cargo at higher rates. They paid the cash for this cargo, which made a good sale for us. A few days after, another invoice arrived which our folks entered at the same prices as before; but they were again taken by the officers paying us cash and ten per cent. in addition, which was very satisfactory to us. On the arrival of the third lot, they began to think they had better let the Yankees sell their own goods and pa.s.sed them through unmolested, and came to the conclusion that we could make clocks much better and cheaper than their own people. Their performance has been considered a first-rate joke to say the least.
There will, in all probability, be millions of clocks sold in that country, and we are the people who will furnish all Europe with all their common cheap ones as time lasts.
All of the spring and eight day clocks have grown out of the one day weight clock. There can now be as good an eight day clock bought for three or four dollars, as could be had for eighteen or twenty dollars before I got up the one day clock. Mr. Peck, who went to England with my son, died in London on the 20th, September, 1857; my son died in this country in July, 1853: so they have gone the way of all the earth, and I shall have to follow them soon. They were instrumental in laying the foundation of a large and prosperous business which is now being successfully carried on. The duties on clocks to England have been recently removed, which will result to the advantage of persons now in the business. The many difficulties which we had to battle and contend with are all overcome. When I invented this one day bra.s.s clock, I for the first time put on the zinc dial which is now universally used, and is a great improvement on the wood dial, both in appearance and in cost.
This simple idea has been of immense value to all clock-makers.
In the year 1821, when I moved to Bristol, no one was making clocks in that town; the business had all pa.s.sed away from there and was carried on in Plymouth. The little shop I had put up had no machinery in it at that time. I soon began to make so many cases that I wanted some better way to get my veneers than to saw them by hand. I found a small building on a stream some distance from my shop which I secured, with the privilege of putting a circular saw in the upper part, but which I could not use till night--the power being wanted for the other machinery during the day. I have worked there a great many nights till twelve o'clock and even two in the morning, sawing veneers for my men to use the next day. I sawed my hand nearly off one night when alone at this old mill, and was so faint by the loss of blood that I could hardly reach home. I always worked hard myself and managed in the most economical manner possible. In 1825, we built a small factory on the stream below the shop where I sawed my veneers two or three years before, but there was no road to it or bridge across the stream. I had crossed it for years on a pole, running the risk many times when the water was high, of being drowned, but it seems I was not to die in that way, but to live to help others and make a slave of myself for them. In 1826, we pet.i.tioned the town to lay out a road by our factory and build a bridge, which was seriously objected to. We finally told them that if they would lay out the road, we would build the bridge and pay for one half of the land for the road, which, after a great deal of trouble, was agreed to, and proved to be of great benefit to the town. Our business was growing very rapidly and a number of houses were built up along the new road and about our factory. I should here mention that Mr. Eli Terry, Jr., when I had got the Bronze Looking-Gla.s.s Clock well a going, moved from Plymouth Hollow two miles east of Plymouth Centre, (now the village of Terryville,) where he built another factory and went into business. His father retiring about this time, he took all of his old customers. He was a good business man and made money very fast. He was taken sick and died when about forty years old, leaving an estate of about $75,000. His brother, Silas B. Terry, is now living, a Christian gentleman, as well as a scientific clock-maker, but he has not succeeded so well as his brother in making money. Henry Terry of Plymouth, who is another son of Mr. Eli Terry, was engaged in the clock business thirty years ago, but left it for the woolen business. I think that he is sorry that he did not continue making clocks. He is a man of great intelligence and understands the principles of a right tariff as well as any man in Connecticut. His father was a great man, a natural philosopher, and almost an Eli Whitney in mechanical ingenuity. If he had turned his mind towards a military profession, he would have made another General Scott, or towards politics, another Jefferson; or, if he had not happened to have gone to the town of Plymouth, I do not believe there would ever have been a clock made there. He was the great originator of wood clock-making by machinery in Connecticut. I like to see every man have his due. Thomas and many others who have made their fortunes out of his ingenuity, were very willing to talk against him, for they must, of course, act out human nature. Seth Thomas was in many respects a first-rate man. He never made any improvements in manufacturing; his great success was in money making. He always minded his own business, was very industrious, persevering, honest, his word was as good as his note, and he always determined to make a good article and please his customers. He had several sons who are said to be smart business men.
I knew Mrs. Thomas well when I was a boy, fourteen years old. She is one of the best of women, and is now the widow of one of the richest men in the state. The families of Terry and Thomas are extensively known, throughout the United States. Mr. Thomas died two years ago at the age of seventy-five. He was born in West Haven, about four miles from New Haven, and learned the joiners' trade in Wolcott, and worked in that region and in Plymouth five or six years, building houses and barns. I waited on him when he built a barn in Plymouth, carrying boards and s.h.i.+ngles. He soon after went into the clock business in which he remained during life. Mr. Terry died in 1853, at the advanced age of eighty-one.
CHAPTER VI.
OPERATIONS OF FRANK MERRILLS--A SAD HISTORY.--BUSINESS TROUBLES, ETC.
In the fall, of the year 1840, a young man by the name of Franklin Merrills was introduced to me as one the smartest and likeliest business men in the whole country. It was said that he could trade in horses, cattle, sheep, wool, flour, or any thing else, and make money. He belonged to one of the first families in Litchfield county. I thought by his appearance and recommendations that he would be a good customer for me and I sold him a thousand dollars worth of clocks to begin with. He gave me his four months' note which was promptly paid when due. He hired three pedlars and went with them into Dutchess county New York, where they sold the clocks very fast. The one-day O.G. bra.s.s clock was a new thing to them, first-rate for time, and they readily went off for fifteen and twenty dollars apiece. I sold them to him for six dollars apiece, and it appeared, at this rate, that he could make a fortune in a few years. His credit became established for any amount, and he soon began to want clocks about twice as fast as at first. A man by the name of Bates transported them for him in a large two-horse wagon from my place to Was.h.i.+ngton Hollow, about twelve miles east of Poughkeepsie. Mr.
Bates lived in the same neighborhood where Frank was brought up in New Hartford, Conn. Every week or two he would go out with a load. Things moved on in this seemingly prosperous way for some time. One day I accidentally heard that parties in New York with whom I had never dealt, were selling my clocks at very reduced prices, and I began to mistrust that Frank had been selling to them at less than cost. On seeing him, he told me I was greatly mistaken and smoothed down the matter so that it appeared satisfactory to me. He had at this time got into debt about eighteen thousand dollars. One day he went to Hartford and bought seven thousand dollars worth of cotton cloth from a shrewd house in that city, telling them a very fine story that he had a vessel which would sail for South America the next day, and that the cloth must go down immediately on the boat. He told them who his father was, and promised to bring his endors.e.m.e.nt in a few days, which was satisfactory to them, and they let him have the goods. But the paper did not come. One of the firm went to New York and there found some of the goods in an Auction store, and a part of them sold. He got out a writ and arrested Frank. His father was sent for, and settled this matter satisfactorily. I thought I would go up to New Hartford and see Capt. Merrills about Frank's affairs--he told me all about them, and said he had been looking over Frank's business very thoroughly, and found that a large amount was owing him and that Frank had shown him on his book invoices of a large amount of goods that he had s.h.i.+pped to South America, besides several large accounts and notes--one of eight thousand dollars. He told me that he thought after paying me and others whom he owed, there would be as much as twenty thousand dollars left. This was very satisfactory to me, though I knew nothing about the cotton cloth speculation at that time. If I had, it would have saved me a great deal of trouble. This was in February, 1844.
There was a note of his lying over, unpaid, in the Exchange Bank in Hartford, of two thousand dollars. I had moved a few weeks before this to New Haven. In the latter part of February, I went down to New York to see if he could let me have the two thousand to take up the note; he said he could in a day or two. I told him I would stay till Sat.u.r.day. On that day he was not able to pay me, but would certainly get it Monday, and urged me to stay over, which I did. He took me into a large establishment with him, and, as I have since had reason to believe, talked with parties who were interested with him, about consigning to them a large quant.i.ty of tallow, beeswax and wool which he owned in the West. He told me that he had some trouble with his business, and that all he wanted was a little help; he said he had a great deal of property in New York State, and that if he could raise some money, he could make a very profitable speculation on a lot of wool which he knew about. He told me that if I would give him my notes and acceptances to a certain amount, he would secure me with the obligations of Henry Martin, one of the best farmers there was in Dutchess county. He also gave the names of several merchants in New York who were acquainted with the rich farmers.
I called on them and all spoke very highly of him. I thought, there could be no great risk in doing it, for my confidence in Frank was very great. I thought, of course, this would insure my claim of eighteen thousand dollars, but it eventually proved to be a deep-laid plot to swindle me. Frank had no notes or accounts that were of any value; they were all bogus and got up to deceive his poor old father and others. He had no property s.h.i.+pped to South America. It was all found out, when too late, that he had ruined himself by gambling and bad company, often losing a thousand dollars in one night. He was arrested, taken before the Grand Jury of New York, committed to jail for swindling, and died in a few months after. He ruined his father, who was a very cautious man, ruined three rich farmers of Dutchess county, and came very near ruining me. It was a sad history and mortifying to a great many. I was advised by my counsel, Seth P. Staples of New York, to contest the whole thing in law. I had five or six suits on my hands at one time, and it was nine years before I was clear from them. What he owed me for clocks, and what I had to pay on notes and acceptances and the expenses of law, amounted to more than _Forty Thousand Dollars_. Nine years of wakeful nights of trouble, grief and mortification, for this profligate young man!
There never was a man more honest than I was in my intentions to help him in his troubles, and I am quite sure no man got so badly swindled.
Every clock maker in the state would have been glad to have sold to him as I did. This young man was well brought up, but bad company ruined him and others with him. This life seems to be full of trials. In latter years I have remembered what an old man often told me when a boy.
"Chauncey," he says, "don't you know there are a thousand troubles and difficulties?" I told him I did not know there were; "well," he says, "you will find out if you live long enough." I have lived long enough to see ten thousand troubles, and have found out that the saying of the old man is true. I have narrated but a small part of my business troubless [sic] in this brief history. One of the most trying things to me now, is to see how I am looked upon by the community since I lost my property. I never was any better when I owned it than I am now, and never behaved any better. But how different is the feeling towards you, when your neighbors can make nothing more out of you, politically or pecuniarily.
It makes no difference what, or how much you have done for them heretofore, you are pa.s.sed by without notice now. It is all money and business, business and money which make the man now-a-days; success is every thing, and it makes very little difference how, or what means he uses to obtain it. How many we see every day that have ten times as much property as they will ever want, who will do any thing but steal to add to their estate, for somebody to fight about when they are dead. I see men every day sixty and seventy years old, building up and pulling down, and preparing, as one might reasonably suppose, to live here forever.
Where will they be in a few years? I often think of this. My experience has been great,--I have seen many a man go up and then go down, and many persons who, but a few years ago, were surrounded with honors and wealth, have pa.s.sed away. The saying of the wise man is true--all is "vanity of vanities" here below. It is now a time of great action in the world but not much reflection.
An incident of my boy-hood has just come into my mind. When an apprentice boy, I was at work with my "boss" on a house in Torringford, very near the residence of Rev. Mr. Mills, the father of Samuel J. Mills the missionary. This was in 1809, fifty-one years ago. This young man was preparing to go out on his missionary voyage. How wickedly we are taught when we are young! I thought he was a mean, lazy fellow. He was riding out every day, as I now suppose, to add to his strength. An old maid lived in the house where I did who perfectly hated him, calling him a good-for-nothing fellow. I, of course, supposed that she knew all about him and that it was so. I am a friend to the missionary cause and have been so a great many years. How many times that wrong impression which I got from that old maid has pa.s.sed through my mind, and how sorry I have always been for that prejudice. The father of Samuel J. Mills was a very eccentric man and anecdotes of him have been repeatedly told. I attended his church the summer I was in Torringford. He was the strangest man I ever saw, and would say so many laughable things in his sermon that it was next to impossible for me to keep from laughing out loud. His congregation was composed mostly of farmers, and in hot weather they appeared to be very sleepy. The boys would sometimes play and make a good deal of noise, and one Sunday he stopped in the middle of his sermon and looking around in the gallery, said in a loud voice, "boys, if you don't stop your noise and play, you will certainly wake your parents that are asleep below!" I think by this time the good people were all awake; it amused me very much and I have often seen the story printed. Many a time when I think of Mr. Mills, an anecdote of him comes into my mind, and I presume that a great many have heard of the same. He was once traveling through the town of Litchfield where there was at that time a famous law school. Two or three of the students were walking a little way out of town, when who should they see coming along the road but old Mr. Mills. They supposing him to be some old "codger,"
thought they would have a little fun with him. When they met him one of them asked him "if he had heard the news?" "No," he says, "what is it?"
"The devil is dead." "Is he?" says Mr. Mills, "I am sorry for you--poor fatherless children, what will become of you?" I understand that they let him pa.s.s without further conversation. He was a good man and looked very old to me, as he always wore a large white wig.
CHAPTER VII.
REMOVAL TO NEW HAVEN.--FACTORY AT BRISTOL DESTROYED BY FIRE.--OTHER TROUBLES, ETC.
In the winter of 1844, I moved to the city of New Haven with the expectation of making my cases there. I had fitted up two large factories in Bristol for making bra.s.s movements only the year before, and had spared no pains to have them just right. My factory in New Haven was fitted up expressly for making the cases and boxing the finished clocks; the movements were packed, one hundred in a box, and sent to New Haven where they were cased and s.h.i.+pped. Business moved on very prosperously for about one year. On the 23d of April 1845, about the middle of the afternoon one of my factories in Bristol took fire, as it was supposed by some boys playing with matches at the back side of the building, which set fire to some shavings under the floor. It seemed impossible to put it out and it proved to be the most disastrous fire that ever occurred in a country town. There were seven or eight buildings destroyed, together with all the machinery for making clocks, which was very costly and extensive. There were somewhere between fifty and seventy-five thousand bra.s.s movements in the works, a large number of them finished, and worth one dollar apiece. The loss was about fifty thousand dollars and the insurance only ten thousand. This was another dark day for me. I had been very sick all winter with the Typhus fever, and from Christmas to April had not been able to go to Bristol. On the same night of the fire, a man came to tell me of the great loss. I was in another part of the house when he arrived with the message, but my wife did not think it prudent to inform me then, but in the latter part of the night she introduced a conversation that was calculated to prepare my mind for the sad news, and in a cautious manner informed me.
I was at that time in the midst of my troubles with Frank Merrills, had been sick for a long time, and at one time was not expected to recover.
I was not then able to attend to business and felt much depressed on that account. It was hard indeed to grapple with so much in one year, but I tried to make the best of it and to feel that these trials, troubles and disappointments sent upon us in this world, are blessings in disguise. Oh! if we could really feel this to be so in all of our troubles, it would be well for us in this world and better in the next.
I never have seen the real total depravity of the human heart show itself more plainly or clearly than it did when my factories were destroyed by fire. An envious feeling had always been exhibited by others in the same business towards me, and those who had made the most out of my improvements and had injured my reputation by making an inferior article, were the very ones who rejoiced the most then. Not a single man of them ever did or could look me in the face and say that I had ever injured him. This feeling towards me was all because I was in their way and my clocks at that time were preferred before any others.
They really thought I never could start again, and many said that Jerome would never make any more clocks. I learned this maxim long ago, that when a man injures another unreasonably, to act out human nature he has got to keep on misrepresenting and abusing him to make himself appear right in the sight of the world. Soon after the fire in Bristol I had gained my strength sufficiently to go ahead again, and commenced to make additions to my case factory in New Haven (to make the movements,) and by the last of June was ready to commence operations on the bra.s.s movements. I then brought my men from Bristol--the movement makers--and a n.o.ble set of men as ever came into New Haven at one time. Look at John Woodruff; he was a young man then of nineteen. When he first came to work for me at the age of fifteen, I believed that he was destined to be a leading man. He is now in Congress (elected for the second time,) honest, kind, gentlemanly, and respected in Congress and out of Congress. Look at him, young men, and pattern after him, you can see in his case what honesty, industry and perseverance will accomplish.
There was great compet.i.tion in the business for several years after I moved to New Haven, and a great many poor clocks made. The business of selling greatly increased in New York, and within three or four years after I introduced the one day bra.s.s clock, several companies in Bristol and Plymouth commenced making them. Most of them manufactured an inferior article of movement, but found sale for great numbers of them to parties that were casing clocks in New York. This way of managing proved to be a great damage to the Connecticut clock makers. The New York men would buy the very poorest movements and put them into cheap O.G. cases and undersell us. Merchants from the country, about this time, began to buy clocks with their other goods. They had heard about Jerome's clocks which had been retailed about the country, and that they were good time-keepers, and would enquire for my clocks. These New York men would say that they were agents for Jerome and that they would have a plenty in a few days, and make a sale to these merchants of Jerome clocks. They would then go to the Printers and have a lot of labels struck off and put into their cheap clocks, and palm them off as mine.
This fraud was carried on for several years. I finally sued some of these blackleg parties, Samuels & Dunn, and Sperry & Shaw, and found out to my satisfaction that they had used more than two hundred thousand of my labels. They had probably sent about one hundred thousand to Europe.
I sued Samuels & Dunn for twenty thousand dollars and when it came to trial I proved it on them clearly. I should have got for damages fifteen thousand dollars, had it not been for one of the jury. One was for giving me twenty thousand, another Eighteen, and the others down to seven thousand five hundred. This one man whom I speak of, was opposed to giving me anything, but to settle it, went as high as two thousand three hundred. The jury thought that I had a great deal of trouble with this case and rather than have it go to another court, had to come to this man's terms. The foreman told me afterwards that he had no doubt but this man was bought. New York is a hard place to have a law suit in.
This cheat had been carried on for years, both in this country and in Europe,--using my labels and selling poor articles, and in this way robbing me of my reputation by the basest means. After this Sperry, who was in company with Shaw, had been dead a short time, a statement was published in the New York papers that this Henry Sperry was a wonderful man, and that he was the first man who went to England with Yankee clocks. After I had sent over my two men and had got my clocks well introduced, and had them there more than a year, Sperry & Shaw, hearing that we were doing well and selling a good many, thought they would take a trip to Europe, and took along perhaps fifty boxes of clocks. I have since heard that their conduct was very bad while there, and this is all they did towards introducing clocks. There is no one who can claim any credit of introducing American clocks into that country excepting myself. After I had opened a store in New York, we did, in a measure, stop these men from using my labels.
I have said that when I got up this one day bra.s.s clock in 1838, that the fourth chapter in the Yankee clock business had commenced. Perhaps Seth Thomas hated as bad as any one did to change his whole business of clock making for the second time, and adopt the same thing that I had introduced. He never invented any thing new, and would now probably have been making the same old hang-up wood clocks of fifty years ago, had it not been for others and their improvements. He was highly incensed at me because I was the means of his having to change. He hired a man to go around to my customers and offer his clocks at fifty and seventy-five cents less than I was selling. A man by the name of J.C. Brown carried on the business in Bristol a long time, and made a good many fine clocks, but finally gave up the business. Elisha Monross, Smith & Goodrich, Brewster & Ingraham were all in the same business, but have given it up, and the clock making of Connecticut is now mostly done in five large factories in different parts of the State, about which I shall speak hereafter.
CHAPTER VIII.
FURTHER IMPROVEMENTS IN CHEAP TIME-KEEPERS.
--THE PROCESS OF CLOCK MAKING.--
It would be no doubt interesting to a great many to know what improvements have been made in manufacturing clocks during the past twenty years. I recollect I paid for work on the O.G. case one dollar and seventy-five cents; for the same work in 1855, I paid twenty cents, and many other things in the same proportion. The last thing that I invented, which has proved to be of great usefulness, was the one day timepiece that can be sold for seventy-five cents, and a fair profit at that. I remember well when I was about to give up the job, of asking the man who made the cases for the factory what he would make this case for.
He said he could not do it for less than eight cents, I told him I knew he could make them for five cents, and do well, but he honestly thought he could not. He was to make two thousand per month--twenty-four thousand a year. After getting the work well systematized, I told him if he could not make them at that price, I would make it up to him at the end of the year. When the time was up, he told me that it was the best part of his job, and that he would make them the next year for four cents; it will be well understood that this was for the work alone, the stock being furnished.
When I got up this new time-keeper, as usual all the clock-makers were down on me again; Jerome was going to ruin the business, and this cheap thing would take the place of larger ones. I told them there were ten thousand places where this cheap time-piece would be useful, and where a costly striking one would never be used. There is a variety of places where they are as useful as if they struck the hour, and there are now more of the striking clocks wanted than there were when I got up this one day time-piece. When I first began to make clocks, thousands would say that they could not afford to have a clock in their house and they must get along without, or with a watch. This cheap timepiece is worth as much as a watch that would cost a hundred dollars, for all practical purposes, as far as the time of day or night is concerned. Since I began to make clocks, the price has gradually been going down. Suppose the cheap time-keeper had been invented thirty years ago, when folks felt as though they could not have a clock because it cost so much, but must get along with a watch which cost ten or fifteen dollars, what would the good people have thought if they could have had a clock for one dollar, or even less? This cheap clock is much better adapted to the many log cabins and cheap dwellings in our country than a watch of any kind, and it is not half so costly or difficult to keep in order. I can think of nothing ever invented that has been so useful to so many. We do not fully appreciate the value of such things. I have often thought, that if all the time-pieces were taken out of the country at once, and every factory stopped making them, the whole community would be brought to see the incalculable value that this Yankee clock making is to them.
The little octagon marine case which is seen almost every where, was originated and first made by me. I think it is the cheapest and best looking thing of the kind in the market, and all the work on the case of that clock costs but eight cents. All of the large hang-up octagons and time-pieces were made at our factory two or three years before any other parties made them at all. As usual, after finding that it was a good thing and took well, many others began to make them. I will say here a little more about human nature and what I have seen and experienced.
during the last forty-five years. Let an ingenious, thinking man invent something that looks favorable for making money, and one after another will be stealing into the same business, when they know their conduct is very mean towards the originator who may be one of the best men in the community; still, nine out of ten of those who are infringing on his improvement will begin to hate and abuse him. I have seen this disposition carried out all my life-time. Forty-five years ago, Mr. Eli Terry was the great man in the wood clock business. As I have said before, he got up the Patent Wood Shelf Clock and sold a right to make it to Seth Thomas for one thousand dollars. After two or three years, Mr. Terry made further improvements and got them patented. Mr. Thomas then thought as he had paid a thousand dollars, he would use these improvements; so he went on making the new patent. Mr. Terry sued him and the case was in litigation for several years. The whole Thomas family, the workmen and neighbors, felt envious towards Mr. Terry, and I think they have never got entirely over it. There was a general prejudice and hatred towards Mr. Terry amongst all the clock-makers at that time, and for nothing only because they knew they were infringing on his rights; and to act out human nature, they must slander and try to put him down. This principle is carried out very extensively in this world, so that if a man wants to live and have nothing said against him, he must look out for, and help no one but himself. If he succeeds in making money, it matters but little in what way he obtains it, whether by gambling or any other unlawful means; while on the other hand, if he has been doing good all his life, and by some mishap is reduced to poverty in his old age, he is despised and treated with contempt by a majority of the community.
It may not be uninteresting to a great many to know how the bra.s.s clocks at the present day are made. It has been a wonder to the world for a long time, how they could possibly be sold so cheap and yet answer so good a purpose. And, indeed, they could not, if every part of their manufacture was not systematized in the most perfect manner and conducted on a large scale. I will describe the manner in which the O-G.
case is made, (the style has been made a long time, and in larger numbers than any other,) which will give some idea with what facility the whole thing is put through. Common merchantable pine lumber is used for the body of the case. The first workman draws a board of the stuff on a frame and by a movable circular saw cuts it in proper lengths for the sides and top. The knotty portions of it are sawed in lengths suitable for boxing the clocks when finished, and but little need be wasted. The good pieces are then taken to another saw and split up in proper widths, which are then pa.s.sed through the planeing machine. Then another workman puts them through the O-G. cutter which forms the shape of the front of the case. The next process is the glueing on of the veneers--the workman spreads the glue on one piece at a time and then puts on the veneer of rosewood or mahogany. A dozen of these pieces are placed together in hand-screws till the glue is properly hardened. The O-G. shapes of these pieces fit into each other when they are screwed together. When the glue is sufficiently dry, the next thing is to make the veneer smooth and fit for varnis.h.i.+ng. We have what is called a sand paper wheel, made of pine plank, its edge formed in an O-G. shape, and sand-paper glued to it. When this wheel is revolving rapidly, the pieces are pa.s.sed over it and in this way smoothed very fast. They are then ready to varnish, and it usually takes about ten days to put on the several coats of varnish, and polish them ready for mitering, which completes the pieces ready for glueing in shape of the case. The sides of the case are made much cheaper. I used to have the stuff for ten thousand of these cases in the works at one time. With these great facilities, the labor costs less than twenty cents apiece for this kind of case, and with the stock, they cost less than fifty cents. A cabinet maker could not make one for less than five dollars. This proves and shows what can be done by system. The dials are cut out of large sheets of zinc, the holes punched by machinery, and then put into the paint room, where they are painted by a short and easy process. The letters and figures are then printed on. I had a private room for this purpose, and a man who could print twelve or fifteen hundred in a day. The whole dial cost me less than five cents. The tablets were printed in the same manner, the colors put on afterwards by girls, and the whole work on these beautiful tablets cost less than one and a half cents: the cost of gla.s.s and work was about four cents. Every body knows that all of these parts must be made very cheap or an O-G. clock could not be sold for one dollar and a half, or two dollars. The weights cost about thirteen cents per clock, the cost of boxing them about ten cents, and the first cost of the movements of a one-day bra.s.s clock is less than fifty cents. I will here say a little about the process of making the wheels. It will no doubt, astonish a great many to know how rapidly they can be made. I will venture to say, that I can pick out three men who will take the bra.s.s in the sheet, press out and level under the drop, there cut the teeth, and make all of the wheels to five hundred clocks in one day; there are from eight to ten of these wheels in every clock, and in an eight-day clock more. This will look to some like a great story, but is one of the wonders of the clock business. If some of the parts of a clock were not made for almost nothing, they could not be sold so cheap when finished.
The facilities which the Jerome Manufacturing Company had over every other concern of the kind in the country, and their customers in this and foreign countries, are worth to the present company more than one hundred thousand dollars. Their method of making dials, tablets and bra.s.s doors was a saving of more than ten thousand dollars per year over any other company doing the same amount of business; and I know that the present company would not give up the customers of the Jerome Manufacturing Company for ten thousand dollars per year: they could not afford to do it. The workmen who came with me from Bristol, were an uncommonly energetic and ingenious set of men. Many years they had large and profitable jobs in the different branches, which encouraged them to invent and get up improvements for doing the work fast, and in a great many things they far surpa.s.s the workmen in similar establishments--all of which have resulted to the benefit of the present manufacturing company of New Haven.
In the year 1850, I was induced by a proposition from the Benedict & Burnham Co., of Waterbury, to enter into a joint-stock company at my place in New Haven, under the name of the Jerome Manufacturing Co. They were to put in thirty-five thousand dollars, and I was to furnish the same amount of capital. We did so, and went on very prosperously for a year or two, making a great many clocks, and selling about one hundred and fifty thousand dollars worth per year in England, at a profit of twenty thousand dollars. They were very thorough in looking into the affairs of the company, which was all right of course, but did not suit all of the interested parties. My son was Secretary and financial manager of the company. He seemed to have a desire to keep things to himself a little too much, which also did not suit many of the interested parties. My son told me he thought we had better buy the company out, and said that we could do so without difficulty, and he thought it would be a great advantage to us. Some were willing to sell, and others were not. Mr. Burnham made an offer what he would sell for, which the secretary accepted, others of the stock-holders made similar propositions and the bargain closed, we paying them the capital they had advanced and twenty-one per cent. profits, and buying, in the mean time, seventy-five thousand dollars worth of bra.s.s--the profits on which were not less than twenty thousand dollars, which they had the cash for in the course of the year. About this time a man by the name of Lyman Squires bought stock in the company, and took a great interest in the business. A wealthy brother of his bought, I think, ten thousand dollars worth of stock. The stock was increased in this way to two hundred thousand dollars. The financial affairs were managed by the Secretary, Mr. Squires, and a man by the name of Bissell. They made a great many additions to the factory which I thought quite unnecessary, enlarging the buildings, putting in a new engine and a great deal of costly machinery. They laughed at me because I found fault with these things and called me an old fogy. I was not pleased with the management at all times, and although I had retired from active busines [Transcriber's note: sic], I felt a deep interest in the affairs of the company, and owned a large amount of the stock. The Secretary thought I was always looking on the dark side and prophesying evil, because I frequently remonstrated with him on the many extravagancies which were constantly being added to the establishment. I frequently told him that if the company should fail, I should have to bear the whole blame, because my name was known all over the world. He always told me in the strongest terms that I need give myself no uneasiness about that, as the company was worth a great deal of money. Things went on in this way till the year 1855, and while I was absent from the State, P.T. Barnum was admitted as a member of our company. Within six months from that time, the Jerome Manufacturing Company failed, the causes of which, and the results, I have clearly and truthfully narrated in another part of this book. The causes were not fully understood by me at that time. I have found them out since, and deem it an act of justice to myself to make them public. I was hopelessly ruined by this failure. The company had used my name as endorser to a large amount, many times larger than I had any idea of.
CHAPTER IX.
THE NEW HAVEN CLOCK COMPANY, AND OTHER CLOCK MANUFACTURERS IN CONNECTICUT.
I will here give a brief account of the firms carrying on this important business in Connecticut. The New Haven Clock Company, which succeeded the Jerome Manufacturing Company, are now making more clocks than any three other makers in the state. As I speak of the different manufactories, I will give the outlines and standing of the men connected with them. As their goods go all over the world, it is natural and pleasant for men who are dealing in their goods to know what kind of men they are at home, and what the community think of them. The New Haven company is a joint-stock company. The head man in this concern, is the Hon. James English, who is second to no business man in the State-- high minded, clear sighted, and very popular with all who deal with him.
He was, when a boy, remarkable for industry, prudence and good behavior.
He was an apprentice at the house-joiner trade, but soon got into other business which gave him a greater chance to develope and become more useful to himself and the community. He began in life without a dollar, but is now said to be worth three hundred thousand dollars. His age at this time is about forty-eight. He is a Democrat in politics; has been elected to many important offices, and has been the first select man of New Haven for many years; he has been elected State Senator for three years in succession, and all of these offices he has filled with ability. In the spring of 1860, he was nominated as candidate for Lieutenant Governor on a ticket with Col. Thomas H. Seymour of Hartford, for Governor, which made the most popular Democratic ticket that has ever been run in the State. Had it not been for the great anti-slavery feeling there was at this canva.s.s, Mr. English would have been triumphantly elected. Many of the opposing party would been glad to have seen him elected, and would have voted for him, had it not been for the influence they thought it would have on the Presidential election. We heard many Republicans say this in New Haven, and many did vote that ticket.
H.M. Welch, who has for a long time been connected with Mr. English in business, is largely interested in this clock company. He gives most of his attention to other kinds of manufacturing, in which Messrs. English and Welch, are very extensively engaged. Mr. Welch is one of the most intelligent, upright, and kind hearted business men in the whole State, and is admired as such by all who know him. He is also a Democrat in politics, very popular in his party, and is well qualified for any offices. He would make a good candidate for Governor or member of Congress. He is about forty-six years old, worth perhaps, two hundred thousand dollars; he has held many important offices, has been a Representative to the State Legislature for many years, and State Senator a number of times. He has recently been elected Mayor of the city, and has filled all of these offices with much talent.
John Woodruff, a member of Congress, elected for the second time from this district, is the next largest owner in this great bra.s.s clock business. He commenced to work at clocks with me when a boy only fifteen years old. He was a very uncommon boy, and is now an uncommon man, very popular among his fellow workmen, popular with Democrats, popular with Republicans, popular every where, and can be elected to Congress when there is five hundred majority against his party in his district.
Hiram Camp who is the next largest stock-holder in this clock company, is forty-nine years old. He commenced making clocks with me at the age of seventeen, and is now President of the company. He is a Republican in politics, and has been chosen Representative from New Haven to the Legislature of the State. At this time he is Chief Engineer of the Fire Department, is very popular with his workmen, and highly respected by the whole community in which he lives. Many others who hold prominent positions in this great business in New Haven, first came here with me when I moved from Bristol. I should mention Philip Pond, an excellent man who left the business two or three years since, on account of his health, but who is now connected in the wholesale grocery business of the firm of Pond, Greenwood & Lester, in this city. Also Charles L.
Griswold, now a bit and augur maker in the town of Chester, who began to work for me twenty years ago, when a boy. He was once a poor boy, but now is a talented and superior man. He has been a member of the Legislature, and has held many offices of trust.
L.F. Root, now a leading man in New Haven, came to work with me when quite young, nearly twenty years ago. He also has held many offices of trust, and filled them with great ability. I could mention many others, but cannot in this brief work speak of them as their merits deserve. It gives me pleasure to know that the business of the Jerome Manufacturing Company has fallen into such good hands.
The Benedict and Burnham Company, now making clocks in the city of Waterbury, under the name of the Waterbury Clock Company, is composed of a large number of the first citizens of that place. In politics nearly all of them are Republicans. The oldest man of the company is Deacon Aaron Benedict, now about seventy-five years old--a real "old Puritan, Christian gentleman." He has been Representative and State Senator many times--Mr. Burnham of New York, another member of this company, is well known to almost every body as one of the richest men in [Transcriber's note: probable missing word 'the' here] whole country. My brother, n.o.ble Jerome, who is an excellent mechanic and as good a bra.s.s clock maker as can be found, is now making the movements for this company, and Edward Church, a first rate man and an excellent workman, is making their cases. He worked with me seventeen years at case making, and can do a good job. I cannot pa.s.s without speaking about another man of this company, Arad W. Welton Esq. He was one of my soldier companions in Capt. John Buckingham's company, which went to fight the British in 1813, at New London, and in 1814 at New Haven. He stood very near me in the ranks. I shall never forget what pluck and courage he showed one night when the news was brought into camp that the enemy were landing from their s.h.i.+ps. Our whole regiment was mustered in fifteen minutes, and on the way to pitch battle with the British and defend our sh.o.r.es.