Cyclopedia of Commerce, Accountancy, Business Administration, v. 02 (of 10)American School of Correspondence
General
Cyclopedia of Commerce, Accountancy, Business Administration, v. 02 (of 10)
American School of Correspondence
Accounting; Business; Commerce
These people, considering all the hardships in the life of factory
employees, are likely to hold and often to express the opinion that
the highest welfare of the human race really demands a return to the
simpler life of early days, when a much larger proportion of the people
lived upon farms, producing their own provisions, raising the flax and
the wool wherewith they clothed themselves, quite independently of the
wealthy classes, whether bankers, capitalists, or manufacturers, the
factory as we know it to─day having hardly begun its marvelous era of
existence.
Let us consider for a moment how all this has come about. In the
earlier years of the independence of this country, the chief dependence
was upon the results of agricultural work. In due time the development
of the resources of the country has placed manufacturers at the front,
so that in very recent years the value of manufactured products has
become nearly double that of agricultural.
These results, like many others of a less notable character, commenced
from very small beginnings; and it has been by inborn mechanical
ability, remarkable ingenuity, patient development, and tireless
energy, that mechanical undertakings have been developed from meager
initial facilities, until, in the vast manufacturing enterprises of the
present day, the American mechanic in nearly all lines leads the world
in originality and practical achievement.
=Early New England Mechanics.= When the early settlers of New England
labored under the restrictive and harassing laws of the Mother
Country, and under their administration were goaded and exasperated
beyond endurance in many ways, not the least of which was that of
being obliged to purchase many manufactured articles from England at
extortionate prices──or, if purchased from other countries, still
paying taxes to England for the privilege──they rebelled. Determining
to buy no more foreign goods, they set out, at first in most clumsy and
primitive fashion, to make for themselves such articles as were really
necessaries, and, in noble self─denial, to live without those which
they could not make for themselves. They doubtless little realized,
however, that they were thereby laying the foundations of the greatest
manufacturing country in the world. By the principles thus inaugurated,
they instituted the first industrial _boycott_ in the history of
the country──the one that has had more important and far─reaching
influences than anything of the kind before or since.
Public-domain text, read in full here on John Shaqi.
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