Thus they set to work developing the machinery as fast as they could do so, and imported such parts as they themselves could not yet make. It was a staggering task and a discouraging devourer of capital. "I do not think," said Dennison many years later, "there were seven times in the seven years we were together that we had money enough to pay all our employees at the time their wages were due. Very often we would find ourselves without any cash on hand, but Mr. Howard would manage some way to produce enough to tide over with." The two men made a perfect team, eager to give each other credit, and each having unbounded loyalty and confidence in the other and in their enterprise. But, curiously enough, it was Howard, the artist and dreamer, who seems to have developed into the business man of the two, in addition to being the inventor and engineer, whereas Dennison, the expert watch-repairer, became the designer and originator of plans. It was said of him long afterward that there was probably never an idea in American watch-making that had not at some time passed through Mr. Dennison's resourceful mind. He is known to many as the "Father of the American Watch Industry," although he insisted that Howard deserved the title as much if not more than he. Dennison schemed out what was to be done, while Howard found the money and invented the machinery with which to do it. Their first model, an eight-day watch, was Dennison's idea. It was found to be impracticable and was soon abandoned in favor of a one-day model. The name of the company had to be changed, because it did not find favor with some of the English firms from whom they bought certain parts. They called it the "Warren Manufacturing Company" for a time, and their first few watches were marked with this name. Later on, they moved to a new factory at Waltham and incorporated under the name of the Waltham Improvement Company. It was while the act for its incorporation was before the Massachusetts legislature that some wag there produced the couplet: "_A Waltham' 'patent' watch, which ere it goes Besides the 'hands' must have the 'ayes' and 'noes._" All this time, the tools and machinery were giving trouble. There were innumerable difficulties. For example, New England workmen objected to cutting the pinion-leaves because they were shaped like a bishop's miter. And financial pressure was always upon them. The building was one of the earliest attempts at concrete construction, and was far from stable in stormy weather. Mr. Hull, afterward foreman in the dial-room, said: "Often in those days we would jump from our stools when we felt something jar, for fear the building would fall down. Somehow, it never did."