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
=Industrial Freedom.= While the departure of the Pilgrims for this
country, and the making of their homes on the "stern and rock─bound
coast" of New England, were for the purpose of seeking religious
freedom, it is also true that freedom soon meant very much more than
this to them; and with a larger conception of their opportunities
and possibilities, some of which were in reality forced upon them
by adverse circumstances, there came to them the inspiration of
_industrial_ as well as _religious freedom_. The world has seen and
has given them due credit for the determined and heroic manner in
which they went about their self─appointed task; and they have amply
demonstrated to posterity their appreciation of and grasp upon the
possibilities and conditions, and the breadth and nobility of character
which they exhibited in working out the many perplexing problems that
confronted them.
=Development of American Industrial Enterprises.= American
manufacturing came into being with these small beginnings and crude
efforts to fashion those common objects of household necessity and
daily use, which, although crude and clumsy, yet answered the purpose
until supplanted later by those of more improved form and workmanship.
These primitive successes led to greater endeavors, and developed into
still broader usefulness, when the time came that necessities had been
provided for and luxuries were now demanded by the higher plane of
living to which the people had in due time advanced.
Thus the crude beginnings and rude surroundings among which the early
American mechanic performed his work, were in his own house. Soon he
outgrew these primitive facilities, and built small shops, frequently
in the garden or back yard of his home. These gradually enlarged.
The development of the business demanded increased facilities, and
buildings were erected quite independent of the home surroundings,
and two or more men were associated as manufacturers. These plants
developed and enlarged, and in due course of time became the machine
shops and the factories, which have since multiplied many hundreds
of times, not only in number and in value, but in influence and
importance, until to─day our country stands the foremost manufacturing
nation of the world. This is true, not only as to the volume and value
of her manufactured productions, but also as to their great range and
diversity of kind and usefulness. One by one the American mechanic
has taken up the various classes of work formerly monopolized by this
country or that, failing perhaps at first, but always progressing
and developing, until, by native ingenuity and unflagging energy,
all obstacles have been overcome, all difficulties put aside, new
industries have come into being, and other "victories" of peace "no
less than those of war" have been added to the laurels of the American
mechanic and of his ever─ready and ever─confident partner, the American
manufacturer and capitalist. It is to this combination, each confident
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