Great Fortunes, and How They Were MadeMcCabe, James Dabney
History
Great Fortunes, and How They Were Made
McCabe, James Dabney
United States -- Biography
The "cured" India-rubber was subjected to many tests, and passed through
them successfully, thus demonstrating its adaptability to many important
uses. Mr. Goodyear readily obtained a patent for his process, and a
partner with a large capital was found ready to aid him. He hired the
old India-rubber works on Staten Island, and opened a salesroom in
Broadway. He was thrown back for six weeks at this important time by an
accident, which happened to him while experimenting with his fabrics,
and which came near causing his death. Just as he was recovering and
preparing to commence the manufacture of his goods on a large scale, the
terrible commercial crisis of 1836 swept over the country, and, by
destroying his partner's fortune at one blow, reduced Goodyear to
absolute beggary. His family had joined him in New York, and he was
entirely without the means of supporting them. As the only resource at
hand, he decided to pawn an article of value, one of the few which he
possessed, in order to raise money enough to procure one day's supply of
provisions. At the very door of the pawnbroker's shop he met one of his
creditors, who kindly asked if he could be of any further assistance to
him. Weak with hunger, and overcome by the generosity of his friend, the
poor man burst into tears, and replied that, as his family was on the
point of starvation, a loan of fifteen dollars would greatly oblige him.
The money was given him on the spot, and the necessity for visiting the
pawnbroker averted for several days longer. Still he was a frequent
visitor to that individual during the year; and thus, one by one, the
relics of his better days disappeared. Another friend loaned him one
hundred dollars, which enabled him to remove his family to Staten
Island, in the neighborhood of the abandoned rubber works, which the
owners gave him permission to use as far as he could. He contrived in
this way to manufacture enough of his "cured" cloth, which sold readily,
to enable him to keep his family from starvation. He made repeated
efforts to induce capitalists to come to the factory and see his samples
and the process by which they were made, but no one would venture near
him. There had been money enough lost in such experiments, they said,
and they were determined to risk no more.
Indeed, in all the broad land there was but one man who had the
slightest hope of accomplishing any thing with India-rubber, and that
one was Charles Goodyear. His friends regarded him as a monomaniac. He
not only manufactured his cloth, but even dressed in clothes made of it,
wearing it for the purpose of testing its durability, as well as of
advertising it. He was certainly an odd figure, and in his appearance
justified the remark of one of his friends, who, upon being asked how
Mr. Goodyear could be recognized, replied: "If you see a man with an
India-rubber coat on, India-rubber shoes, an India-rubber cap, and in
his pocket an India-rubber purse, with not a cent in it, that is
Goodyear."
Public-domain text, read in full here on John Shaqi.
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