History of Lowell and its people . . OF UNITKM STATES WORSTED COMPANY. AFTER THE CIVIL WAR 353 multiplication of mills close to the cotton fields spelled the ruin ofsuch cities as Lowell. These jeremiads overlooked, of course, certain very patent factorsfavoring continued prosperity of the cotton industry in New ignored the truth that with millions of unclad and half clad peo-ple in the world there was room, for all the factories of both value of experience passed on from generation to generation oftextile workers was not always properly appreciated. Ne
History of Lowell and its people . . OF UNITKM STATES WORSTED COMPANY. AFTER THE CIVIL WAR 353 multiplication of mills close to the cotton fields spelled the ruin ofsuch cities as Lowell. These jeremiads overlooked, of course, certain very patent factorsfavoring continued prosperity of the cotton industry in New ignored the truth that with millions of unclad and half clad peo-ple in the world there was room, for all the factories of both value of experience passed on from generation to generation oftextile workers was not always properly appreciated. Neither was itforeseen that many Northern mills, as notably those of New Bedford,would become more jirofitable than ever before through turning theirattention to the making of fine and high-priced goods, in which theelement of the workers skill is far more significant than the cost of thebasic raw material. Pessimism, likewise, failed to take into accountthe larger reservoirs of quick capital which are available in thriftyNew Englan
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Keywords: ., bookcentury1900, bookdecade1920, bookpublishernewyo, bookyear1920
