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 . 7, it was voted to buy atract of land with power, south of Benjamin Rodmans, for$7,500, as fresh water and railroad and shipping facilitieswere at hand. Mill No. 1, designed for fifteen thousand spindles andthree hundred looms, was built, but only ten thousandspindles and two hundred looms put in. It was completedin 1848, and manufacturing began Jan. 1, 1849. Bennettrecommended Wamsutta shirtings, and they have sincebeen sold all over the world. In 1849 the capi
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 . 7, it was voted to buy atract of land with power, south of Benjamin Rodmans, for$7,500, as fresh water and railroad and shipping facilitieswere at hand. Mill No. 1, designed for fifteen thousand spindles andthree hundred looms, was built, but only ten thousandspindles and two hundred looms put in. It was completedin 1848, and manufacturing began Jan. 1, 1849. Bennettrecommended Wamsutta shirtings, and they have sincebeen sold all over the world. In 1849 the capital stock was increased to three 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 the mill was very successful, it was not until1871, over twenty years after the starting of the Wam-sutta Mill, that the second mill, the Potomska Mill,started. In the mean time, mill after mill had been addedto the Wamsutta, and dividend after dividend had been. 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 after mill has been erected, until there are now overfifty mills which turn out the best grade of cotton goods,to which the climate of New Bedford is peculiarly is said to be more like that of Manchester, England, thanany other American city. In 1911 the city had 2,939,884spindles and 54,282 looms, supplying 31,140 were sixty-seven cotton mills with a capital of$36,821,300. In 1912 the population of New Bedford was105,000, which turned out, according to the last census,$44,000,000 worth of goods. MANCHESTER Like Lowell and Lawrence, Manchester, , was amanufactured town that was originally owned and de-veloped by the mill which boug
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