The Story of the Typewriter, 1873-1923Herkimer County Historical Society
History
The Story of the Typewriter, 1873-1923
Herkimer County Historical Society
Typewriters -- History
The characteristics of the two other members of the firm, Clarence
W. Seamans and Henry H. Benedict, have already revealed themselves in
this story. Seamans, like Yost, was a wonderful salesman. Better still,
he was a natural leader, with a gift for the successful handling of
marketing problems which proved of incalculable value in establishing
the business on a successful basis. Mr. Benedict likewise possessed
marketing abilities of a high order, which he later demonstrated by
his important work in organizing the typewriter business in Europe,
where the difficulties encountered were even greater than in the
American field. He possessed a habit of thoroughness, combined with
a foresight and soundness of business judgment which, time and again,
were of vital service to the firm. Taken all in all, these three men
represented a combination of qualities not often found in a business
partnership.
The new firm possessed unbounded energy and enthusiasm but its material
resources were limited. Many discouragements were encountered, but
they overcame them all and the business increased steadily. The firm
started in a very limited fashion, occupying a corner of the Remington
concern's office at 281 Broadway, New York, the staff consisting of a
few clerks with two or three mechanics, perhaps numbering ten persons
in all. In 1884 the firm moved to its own offices at 339 Broadway.
In the winter of 1885-1886, while the business was in the full tide
of success, a disquieting rumor reached the three partners that the
Remingtons were planning to sell their interest in the typewriter. It
had been known for years that the old house, owing mainly to wasteful
factory management, had been sinking deeper and deeper into debt,
and now it seemed that the crisis had come. Here was a situation
which imperiled the future of the whole enterprise, but a difficulty
is often a disguised opportunity, and so it proved to be in this case.
Henry H. Benedict immediately took the train to Ilion and his
interview with Philo Remington in March, 1886, which resulted in
the transfer of the ownership of the typewriter, is another one of
the big moments in this story. Here is the account of what happened,
as told by Mr. Benedict himself.
"I arrived in the morning and spent the fore-noon with Mr. Philo
Remington. I began by asking him if the rumor was true that they
were thinking of disposing of their typewriter interests. He said
it was true. I said, 'But why do you do this?' He replied, 'We need
money.' I said, 'May I ask for what purpose?' He replied, 'To pay our
debts.' 'But,' I said, 'you could not expect to get for the typewriter
enough to pay a tenth of your debts.' 'Well, perhaps not,' he said,
'but it would satisfy the more pressing of our creditors.'
Public-domain text, read in full here on John Shaqi.
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