. The New England magazine . George Draper. phlets were printed and benevolent un-dertakings carried out. And all thewhile the industrial affairs of the com-munity were gradually developed. From 204 HO FED ALE AND ITS FOUNDER. first to last it was a self-supporting enter-prise, and in many ways helpful to thosewho were unfortunate and needy. Nevera pauper, never a criminal, never a thrift-less wretch came from the HopedaleCommunity to be taken care of by thecivil government. In 1856 the community reached theheight of its prosperity, and, strangely, asit might seem, approached the twelfth saw t
. The New England magazine . George Draper. phlets were printed and benevolent un-dertakings carried out. And all thewhile the industrial affairs of the com-munity were gradually developed. From 204 HO FED ALE AND ITS FOUNDER. first to last it was a self-supporting enter-prise, and in many ways helpful to thosewho were unfortunate and needy. Nevera pauper, never a criminal, never a thrift-less wretch came from the HopedaleCommunity to be taken care of by thecivil government. In 1856 the community reached theheight of its prosperity, and, strangely, asit might seem, approached the twelfth saw the ruin of his dearest following are his own pathetic words : It was simply a moral failure. Doubtless weall fell far short of our high professions, andbecame weary in well-doing. Certainly, too manyof us did. ^\riting of the stockholders who with-drew, he said : Fraternity of property was the keystone ofour social arch. When that fell out, the arch. Town Hall, Hopedale hour of its existence. On the 9th ofJanuary of that year the presidents ad-dress showed a most flattering conditionof affairs, and the future looked encourag-ingly propitious. But the treasurers re-port had not been made up. When,shortly after, the financial condition ofthe community was fully realized, it ap-peared that there was really (reckon-ing interest, shrinkage on machinery,etc.,) a deficit of about $12,000. Eventhis was no serious cause for alarm; butwhen, from causes of a complex nature,there followed a violent discussion, thelargest stockholders immediately with-drew their interests, and resolved to con-duct the industries of the place ac-cording to their own judgment. It was aterrible blow to Mr. Ballou, for in it he crumbled. These favored brethren commandedthat keystone. It was in their power to preserveor to demolish the structure. The writer thoughtthen and thinks now that they threw away asplendid opportunity to bless mankind and im-mortalize their
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