Dyes and dyeingPellew, Charles E. (Charles Ernest), Viscount Exmouth
Science
Dyes and dyeing
Pellew, Charles E. (Charles Ernest), Viscount Exmouth
Dyes and dyeing
=Ruin of the English Dyestuff Industry.=—As soon as they had gained
possession of his factory, the Manchester people began to pass word
around among their friends, that they were going to show the whole
world how to run a chemical industry. Perkin, they agreed, was
indeed a clever fellow in his way, and undoubtedly a good chemist,
but he was no _business_ man. They were going to run those works on
good, practical, common-sense business lines, and they and their few
friends whom they allowed to join them, boasted loudly and deeply
of their expected profits. Their motto was the well-established one
“Manufacture cheap and sell dear”—and they proceeded to follow it
implicitly.
They went over all the details of the business with the greatest
care, and soon found what seemed to them a willful piece of
extravagance. Perkin himself, and three or four other chemists, were
drawing salaries, not for the actual making of the dyestuffs but for
_experimental_ purposes, and they had quite an expensive laboratory
used for that purpose alone!
Of course this was at once eliminated—and great was their
satisfaction when they found that they had thereby cut down the price
of making their dyes two or three cents a pound.
Then it came to the “selling dear” part of it. Perkin told me that
the last few years that he ran his factory, he kept the price of his
dyestuffs at a reasonable figure, so that, indeed, he would get a
good profit from them, but that, on the other hand, it would be no
easy matter for competitors to break into his field with success. His
alizarine, in particular, he had kept at a price just below what it
would pay to grow madder in opposition to it, and he had not raised
the price to any great extent since the war had given him a monopoly.
These Manchester people, however, fully recognized that they were the
only manufacturers of alizarine, anywhere, and were over-flooded with
orders—so they instantly jumped up the price of their alizarine to
four or five times its former figures.
Public-domain text, read in full here on John Shaqi.
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