In 1871 and 1872 he was chosen senator from district number six, and performed his official duties with his accustomed promptness and fidelity, and to the satisfaction of his constituents. He was also elected councilor for district number two in 1874. In 1876 he was one of the delegates to the Democratic national convention held at St. Louis, which nominated Samuel J. Tilden for the presidency, and in the ensuing presidential campaign was one of the candidates on the Democratic ticket for elector. In 1865, rapid growth of the manufacturing, commercial, and other business interests at Laconia and Lake Village suggested to him the great need of added financial facilities. To meet these demands, it was necessary to procure a charter from the government to establish a national bank at Laconia. Almost insurmountable obstacles to success in this enterprise were encountered, and finally overcome. The charter was procured, and the bank established, largely by the active and persistent labor of the subject of this sketch. Upon the organization of the Laconia National Bank, he was chosen its first president, and has continuously and acceptably held the position to the present time. It may well be said, that the impartiality with which the accommodations of this bank have been extended to promote all hopeful enterprises has done much to advance the growth and prosperity of the place. For several years, Mr. Moulton was a stockholder in the Gilford Hosiery Corporation at Laconia. In 1868 he became sole owner of the entire stock and property. He has steadily continued its successful operation, with an annual product of one hundred and twenty thousand dollars, until now. The factory employs about one hundred and fifty hands, mostly females, at the mill, and gives employment to many households in the surrounding country. Mr. Moulton and Benjamin K. Thurston are joint owners of the extensive flouring and grain mill of Laconia. He is also a large owner of the stock in the Laconia Gas-light Company, and has done much to place this important pioneer enterprise upon the solid basis it now holds among the public improvements of this growing town. Mr. Moulton is a member of the Independent Order of Odd Fellows. He is one of the charter members of Winnipisseogee Lodge No. 7, which was established at Laconia in 1842, and is now one of the Uniformed Patriarchs of the order. His domestic and family relations are as follows:-- July 15, 1833, he married Nellie B. Senter, of Center Harbor, who was the daughter of Samuel M. Senter. Her ancestor, Col. Joseph Senter, and Ebenezer Chamberlain were the first settlers in that town in 1765 and 1767. She died Nov. 18, 1860, at Laconia. Five children were born to them, of whom three survive.