History of the American Clock Business for the Past Sixty Years, and Life of Chauncey Jerome: Barnum's Connection with the Yankee Clock BusinessJerome, Chauncey
History
History of the American Clock Business for the Past Sixty Years, and Life of Chauncey Jerome: Barnum's Connection with the Yankee Clock Business
Jerome, Chauncey
Clock and watch making -- United States
It has been publicly stated that Mr. Barnum endorsed largely on blank
notes and drafts and that he was thus rendered responsible to a far
greater extent than he was aware of; such, however, was not the case.
The troubles that have grown out of the failure of this great business,
have left me poor and broken down in spirit, constitution and health. I
was never designed by Providence to eat the bread of dependence, for it
is like poison to me, and will surely kill me in a short time. I have
now lost more than forty pounds of flesh, though my ambition has not yet
died within me.
CHAPTER XI.
EFFECTS OF THE FAILURE ON MYSELF--REMOVAL TO WATERBURY AND ANSONIA--
UNFORTUNATE BUSINESS CONNECTIONS.
After saying so much as I have about my misfortunes in life, I must say
a few words about what has happened and what I have been through with
during the last four years.
When the Jerome Manufacturing Company failed, every dollar that I had
saved out of a long life of toil and labor was not enough to support my
family for one year. It was hard indeed for a man sixty-three years old,
and my heart sickened at the prospect ahead. Perhaps there never was a
man that wanted more than I did to be in business and be somebody by the
side of my neighbors. There never was a man more grieved than I was when
I had to give up those splendid factories with the great facilities they
had over all others in the world for the manufacture of clocks both good
and cheap, all of which had been effected through my untiring efforts.
No one but myself can know what my feelings were when I was compelled,
through no fault of my own, to leave that splendid clustre [sic] of
buildings with all its machinery, and its thousands of good customers
all over this country and Europe, and in fact the whole world, which in
itself was a fortune. And then to leave that beautiful mansion at the
head of the New Haven bay, which I had almost worshipped. I say to leave
all these things for others, with that spirit and pride that still
remained within me, and at my time of life, was almost too much for
flesh and blood to bear. What could have been the feelings of my family,
and my large circle of friends and acquaintances, to see creditors and
officers coming to our house every day with their pockets full of
attachments and piles of them on the table every night. If any one can
ever begin to know my feelings at this time, they must have passed
through the same experience. Yet mortified and abused as I was, I had to
put up with it. Thank God, I have never been the means of such trouble
for others. I had to move to Waterbury in my old age, and there commence
again to try to get a living. I moved in the fall of 1856, and as bad
luck would have it, rented a house not two rods from a large church with
a very large steeple attached to it, which had been built but a short
time before. In one of the most terrific hurricanes and snow storms that
Public-domain text, read in full here on John Shaqi.
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