distress, was kept steadily in view, and a thorough business system
inaugurated in all branches of the government; the affairs of the
adjutant-general's office were redeemed from years of neglect and
confusion; the state debt was materially reduced; at his suggestion a
law was passed requiring vouchers to be filed for all disbursements from
the governor's contingent fund; and the finances of the state were left
in all respects upon a sound and stable basis. The prominent part of New
Hampshire in the Centennial Exposition was due largely to his foresight,
his faith in its benefits, and his untiring efforts in its behalf. None
who participated in them will ever forget the brilliant success of "New
Hampshire Day" at Philadelphia, or the reception of Governor and Mrs.
Cheney, during his term of office, to the members of the legislature and
the citizens of Concord, at White's Opera House, which was a memorable
social event.
Gov. Cheney retired from office with the universal respect and esteem of
men of all parties, and has since devoted himself closely to business.
On the death of his partner, Dr. Tubbs, in 1878, Gov. Cheney purchased
his quarter interest, and thus became sole proprietor of the business.
The following year he converted the property of the old "Peterborough
Company" at Peterborough, into a pulp-mill, and obtained an amendment of
the charter, by act of the legislature, changing its name to the "P. C.
Cheney Company." This charter is among the oldest in the state, having
been granted in 1833, and bears the names of Charles H. Atherton, Samuel
Appleton, Samuel May, Isaac Parker, Nathan Appleton, and others, as
grantees. The original charter authorizes the company to extend its
operations to any town in the state.
In 1880 the company commenced operations for increasing its production
by building both a pulp and paper mill in connection with the old one at
Manchester. This enterprise has been carried to completion, and thereby
doubled in amount an already extensive business. Consequently the
corporation, the stock of which is held by Gov. Cheney solely, now owns
and carries on wood-pulp mills at Goffstown and Peterborough, and also
one in connection with its paper-mill and waste-works at Manchester. Its
paper-warehouse is at No. 1104 Elm street. The product of these various
establishments, and their monthly disbursements for labor and services,
are very large; and it is doubtful if a more important business has been
built up in our state by the courage, foresight, and skill of one man.
Gov. Cheney is an indefatigable worker, and keeps all the details of his
extensive and complicated business within easy command.
He is identified with the First Unitarian church of Manchester, and has
been a director and president of the society. He is a Royal Arch Mason,
and member of the Altemont Lodge; also a member of Peterborough Lodge,
I. O. O. F.
Public-domain text, read in full here on John Shaqi.
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