The Yankee and the Teuton in WisconsinSchafer, Joseph
History
The Yankee and the Teuton in Wisconsin
Schafer, Joseph
Germans -- Wisconsin; Wisconsin -- Social life and customs
The miners and smelters had theretofore sold their lead through the
commission merchants of Galena, by whom it was sent to St. Louis.
But as new mines were opened farther and farther north, the cost of
transportation to Galena--by means of the “sucker teams”[82]--steadily
increased. Moreover, in the year 1836-37 the price of lead declined
so alarmingly that little of it was made and the smelters had nearly
all ceased to operate. Yet, it was felt that prices would rise again
promptly in response to the demand for lead. In the same period, due
no doubt partly to the hardships of the miners and smelters, there was
widespread and loud dissatisfaction with the treatment accorded the
lead owners by the Galena middlemen. Efforts were made to establish
some other lead shipping port as a rival to Galena, which helps to
explain the rise of both Cassville and Potosi.
The inference from these facts is that Hamilton probably thought he
saw in a smelter located at the steamboat landing at English Prairie a
possibility of immediate profit, even though margins were very narrow,
and a chance to build up a flourishing business. He could buy the
cheapest ore--that which was produced near the northern edge of the
lead region, Centerville, Wingville, and Highland. The haul from those
places would be short and all down grade and if the mineral were taken
direct from the mines there would be no rehandling until the bars of
pure lead were ready to be dumped from the furnace floor into the hold
of the steamer. The teams employed to bring down the raw mineral could
carry freight back the fifteen or twenty miles to the mines much more
cheaply than it could be transported from Galena or Cassville three
or four times as far. Finally, abundant supplies of wood were at hand
to feed the furnace, and French rivermen were a source from which to
recruit labor.
To an enterprising, speculative, acquisitive character like Hamilton,
who had no family to tie him to a particular spot, such arguments would
appeal strongly, and there is no inherent reason why the venture should
not have succeeded. Hamilton operated the furnace, either personally or
by proxy, at least till 1838 and possibly longer, selling it finally to
Thomas Jefferson Parrish, whose principal mining and smelting business
was located at the head of Blue River, afterwards Montfort.
Public-domain text, read in full here on John Shaqi.
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