Great Fortunes, and How They Were MadeMcCabe, James Dabney
History
Great Fortunes, and How They Were Made
McCabe, James Dabney
United States -- Biography
Jerome was determined that he would spare no pains to make himself
master of every detail of clock-making, and applied himself to the
business with so much intelligence and energy, that by the spring of
1817 he felt himself competent to undertake their manufacture on his own
account. He began his operations very cautiously, at first buying the
works already made, putting them together, and making the cases himself.
When he had finished two or three, he would carry them about for sale,
and as his work was well done, he rarely had any difficulty in disposing
of them. Gradually he increased his business, and in a year or two was
able to sell every clock he could make, which kept him constantly busy.
A Southern dealer having seen one of his clocks, was so well pleased
with it that he gave the maker an order for twelve exactly like it,
which the latter agreed to furnish at twelve dollars each. It was an
enormous order to Jerome, and seemed to him almost too good to be real.
He completed the clocks at the stipulated time, and conveyed them in a
farmer's wagon to the place where the purchaser had agreed to receive
them. The money was paid to him in silver, and as the broad pieces were
counted into his hand, he was almost ready to weep for joy. One hundred
and forty-four dollars was the largest sum he had ever possessed at one
time, and it seemed almost a fortune to him. His clocks were taken to
Charleston, South Carolina, and sold. They gave entire satisfaction; and
when, some years later, he commenced to ship regular consignments to the
Southern cities, he found no difficulty in disposing of his wares.
Mr. Jerome's success was now more decided. He was enabled to pay for his
house in a short time, and having, soon afterward, an opportunity to
dispose of it at a fair profit, he did so, and took clock-works in
payment. He bought land and timber, and paid for them in clocks, and his
affairs prospered so well that, before long, he began to employ workmen
to assist him, and to dispose of his clocks to peddlers and merchants,
instead of carrying them around for sale himself. As his business
increased, he invented and patented labor-saving machinery for the
manufacture of the various parts of the clock, and thus greatly
decreased the cost of construction. He designed new and ornamental
cases, and exerted himself to render the exterior of his clocks as
tasteful and attractive as possible. His business now increased rapidly,
and he was soon compelled to take in a partner. He began to ship his
clocks to the Southern States, sending them by sea. They met with a
ready sale, but all his ventures of this kind were subject to serious
risks. The works, being of wood, would frequently become damp and
swollen on the voyage, thus rendering them unfit for use. Mr. Jerome
endeavored in various ways to remedy this defect, but was finally
compelled to admit that, until he could change the nature of the wood,
he could not prevent it from being influenced by moisture.
Public-domain text, read in full here on John Shaqi.
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