Providence contributed its full share to the Revolution. Stephen Hopkins
signed the Declaration of Independence with a tremulous hand, but a firm
heart. Troops were freely furnished and privateers brought wealth to the
town. The second division of the French contingent passed the winter of
1782 in encampment on Harrington’s Lane. The street is now known as
Rochambeau Avenue. Newport, hitherto the more important port, lost her
commerce through the British occupation. The natural drift of commerce
to the farthest inland waters available was precipitated by these
political changes. Newport never recovered her lost prestige, and
Providence developed rapidly after the peace. Voyages, which had been
mostly to the West Indies with an occasional trip to Bilbao and the
Mediterranean, soon stretched around the world to harvest the teeming
wealth of the Chinese and Indian seas. The _General Washington_, the
first vessel from Providence in that trade, sailed in 1787. Edward
Carrington sent out and received the last vessels in 1841. In the early
years of the nineteenth century, the profits of the Oriental trade were
very great.
The manufacture of cotton was attempted by several parties, but it was
not established in Providence. Samuel Slater located in Pawtucket in
1790. He was induced to come to our State through the sagacity,
enterprise and abundant capital of Moses Brown. After about a year, a
glut of yarns occurred, and Almy, Brown and Slater had accumulated
nearly six thousand pounds. Brown said: “Samuel, if thee goes on, thee
will spin up all our farms.” The manufacture extended rapidly and became
the chief source of the prosperity of the State. It absorbed the
capital, which was gradually withdrawn from commerce and shipping.
An important element in the development of our city has been the free
banking system. The first institution in our State and the second in
New England was the Providence Bank, chartered in 1791.
Newspapers only slightly affected the life of the eighteenth century.
They began, in a humble way, the great part they were to play in later,
modern development. _The Providence Gazette and Country Journal_ was
first published in 1762 by William Goddard. _The Manufacturers’ and
Farmers’ Journal_, still continuing its prosperous career, appeared in
1820. The _Gazette_ was enlivened by advertisements in verse, of which
this is a specimen, from the year 1796:
“A bunch of Grapes is Thurber’s sign,
A shoe and boot is made on mine,
My shop doth stand in Bowen’s Lane,
And Jonathan Cady is my name.”
Housekeepers in our day consider the servant-girl question a hard
problem, but hear the complaint a century ago. There had been taken away
Public-domain text, read in full here on John Shaqi.
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