Captains of Industry; or, Men of Business Who Did Something Besides Making MoneyParton, James
History
Captains of Industry; or, Men of Business Who Did Something Besides Making Money
Parton, James
Industrial arts -- Biography
At this time something happened to David Maydole which may fairly be
called good luck; and you will generally notice events of the kind in
the lives of meritorious men. "Fortune favors the brave," is an old
saying, and good luck in business is very apt to befall the man who
could do very well without it.
It so happened that a New York dealer in tools, named Wood, whose store
is still kept in Chatham Street, New York, happened to be in the village
getting orders for tools. As soon as his eye fell upon those hammers, he
saw their merits, and bought them all. He did more. He left a standing
order for as many hammers of that kind as David Maydole could make.
That was the beginning. The young blacksmith hired a man or two, then
more men, and made more hammers, and kept on making hammers during the
whole of his active life, employing at last a hundred and fifteen men.
During the first twenty years, he was frequently experimenting with a
view to improve the hammer. He discovered just the best combination of
ores to make his hammers hard enough, without being too hard.
He gradually found out precisely the best form of every part. There is
not a turn or curve about either the handle or the head which has not
been patiently considered, and reconsidered, and considered again, until
no further improvement seemed possible. Every handle is seasoned three
years, or until there is no shrink left in it.
Perhaps the most important discovery which he made was that a perfect
tool cannot be made by machinery.
Naturally, his first thought, when he found his business increasing, was
to apply machinery to the manufacture, and for some years several parts
of the process were thus performed. Gradually, his machines were
discarded, and for many years before his retirement, every portion of
the work was done by hand.
Each hammer is hammered out from a piece of iron, and is tempered over a
slow charcoal fire, under the inspection of an experienced man. He looks
as though he were cooking his hammers on a charcoal furnace, and he
watches them until the process is complete, as a cook watches mutton
chops.
I heard some curious things about the management of this business. The
founder never did anything to "push" it. He never advertised. He never
reduced the price of his hammers because other manufacturers were doing
so.
His only care, he said, had been to make a perfect hammer, to make just
as many of them as people wanted, and _no more_, and to sell them at a
fair price. If people did not want his hammers, he did not want to make
them. If they did not want to pay what they were worth, they were
welcome to buy cheaper ones of some one else.
For his own part, his wants were few, and he was ready at any time to go
back to his blacksmith's shop.
The old gentleman concluded his interesting narration by making me a
present of one of his hammers, which I now cherish among my treasures.
Public-domain text, read in full here on John Shaqi.
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