Great Fortunes, and How They Were MadeMcCabe, James Dabney
History
Great Fortunes, and How They Were Made
McCabe, James Dabney
United States -- Biography
This man, afterward so famous in the history of India-rubber
manufacture, was CHARLES GOODYEAR. He was born at New Haven,
Connecticut, on the 29th of December, 1800. He attended a public school
during his boyhood, thus acquiring a limited education. When quite a
youth, he removed with his family to Philadelphia, where his father
entered into the hardware business. Upon coming of age, he was admitted
to partnership with his father and one of his brothers, the style of the
firm being A. Goodyear & Sons. The house was extensively engaged in the
manufacture of hardware, and among the other articles which they
introduced was a light hay-fork, made of spring steel, which gradually
took the place of the heavy wrought iron implement formerly in general
use among the farmers. It required a large outlay and a great deal of
time to introduce this fork, but, once in use, it rapidly drove the old
one out of the market, and proved a source of considerable profit to its
inventor. The prosperity of the house, however, soon began to wane, and
it was brought to bankruptcy by the crisis of 1836.
Mr. Goodyear's attention had for some time been attracted to the
wonderful apparent success of the India-rubber companies of the country,
and he was hopeful that his improvement in the inflating apparatus of
the life-preserver would bring him the means of partially extricating
himself from his difficulties. Repairing to New York, he called on the
agent of the Roxbury Company, and explaining his invention to him,
offered to sell it to the company. The agent was struck with the skill
displayed in the improvement of Mr. Goodyear, but, instead of offering
to buy it, astounded the inventor by informing him of the real state of
the India-rubber trade of the country. He urged Mr. Goodyear to exert
his inventive skill to discover some means of imparting durability to
India-rubber goods, and assured him that if he could discover a process
which would secure that end, the various companies of the United States
would eagerly buy it at his own price. He explained to him the process
then in use, and pointed out its imperfections. Mr. Goodyear listened
carefully to his statements, forgot all about his disappointment in
failing to sell his improved inflating apparatus, and went home firmly
convinced that he had found his true mission in life. In after years,
when success had crowned his labors, he modestly referred to this period
of his career in language the substance of which is thus recorded:
Public-domain text, read in full here on John Shaqi.
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