"Both he and Mr. Merritt, his associate, consented to wait a little
while and at the end of a few months Mr. Buck was as good as his word
and brought them the model of a watch that was exactly what they wanted.
Thus far the enterprise went all right." The clockmaker paused.
"You sound as if things began to happen afterward," suggested
Christopher.
"Well, to tell the truth, they did. In the first place money had to be
raised to put the venture on its feet. As a good deal of this capital,
together with factory facilities, was offered by a brass manufacturing
firm at Waterbury, Connecticut, there the plant was installed. But like
every other watchmaking project this one swallowed up a great many
dollars before any watches were to be seen. Then at last the first
thousand were triumphantly turned out and, to the chagrin of the firm,
proved to be anything but a success. Some difficulty with the brass used
prevented their running properly."
One would have thought, to hear Christopher's sympathetic exclamation,
that all his earnings had been invested in the unlucky enterprise.
"The second thousand were better," went on the Scotchman, "but still
they did not go well; this meant more money to improve the machinery
and still more delay in putting the goods on the market. Then at length
after the watches had been doctored until only a small percentage of
them stopped they were offered for sale."
"Did people buy them?"
"If they didn't it was not the fault of the Company," chuckled
McPhearson. "Certainly every inducement was held out to purchasers. Not
only was the price of four dollars within reach of the most meager
purse, but the watches were dangled as bait before the eyes of all sorts
of covetous bargain hunters. Sometimes you were coaxed into buying a
suit of clothes to get one; sometimes one came with a big order of
groceries or maybe as a premium for selling soap. Not infrequently they
were awarded as prizes for subscriptions to magazines. They were so
hawked about that the whole country heard of them and quantities of them
were sold."
"The firm must have got rich," put in Christopher, much interested.
Public-domain text, read in full here on John Shaqi.
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