Mr. McDuffee's personal interests in manufacturing were also in the
Great Falls Manufacturing Company, in whose great business he was a
director for four years; capital, one million five hundred thousand
dollars. In 1862 he bought large interests in the Cocheco Manufacturing
Company, and has there remained. Since 1874 he has been a director of
that corporation. As such, he advocated the erection of the great mill,
now No. 1, and the replacing of all the old buildings by new and
magnificent mills, unsurpassed in the United States,--a work now rapidly
progressing. The remarkable success of this company certifies alike to
the sagacious boldness and the considerate policy of its directors.
The need of railroad facilities at Rochester was early apparent to Mr.
McDuffee. In 1846 he entered into two enterprises,--the Cochecho road,
from Dover to Alton Bay, and the Conway road, from Great Falls to
Conway. Each was to and did pass through Rochester. In each road Mr.
McDuffee was the largest individual stockholder, and of each was the
first treasurer. When the Conway road reached Rochester, Mr. McDuffee
resigned its treasurership. The other road, after various difficulties,
became the Dover & Winnipesaukee, by the incorporation of the
bondholders, and Mr. McDuffee continued to be a director. With "friend"
William Hill, he visited Boston more than thirty times to treat for the
lease of this road to the Boston & Maine. The effort was finally
successful, and the road, by itself weak, became a fine piece of
property. Rochester was thus doubly accommodated; but another avenue was
needed, and Mr. McDuffee took part in the Portland & Rochester, which
secured a route eastward, of which road he was a director; and he
invested liberally in the Rochester & Nashua, which opened a line to the
West. The result has been that Rochester is a "billing-point," and its
various manufacturing interests have felt its impetus.
The beauty of "McDuffee block" in Rochester, built by him in 1868,
exhibits the owner's public spirit. It is an elegant brick building of
four stories, containing six stores, twelve offices in the second story,
a public hall in the third, and a Masonic hall, one of the finest in the
state, in the fourth. In the use of the public hall the liberality of
its owner to benevolent objects is well known. As a Mason, he joined
Humane Lodge on the very day he became "of lawful age."
Of other real estate, Mr. McDuffee has, besides various pieces in
Rochester, including such as the Gonic farm, the New Durham
"powder-mill" estate of nine hundred acres of land and eleven hundred
acres of water; and in Barrington, two hundred acres on Isinglass
river, held with a view to future manufacturing needs.
Public-domain text, read in full here on John Shaqi.
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