In Tewksbury, England, May 24th, 1819, was born a little boy who was destined to become one of the leading manufacturers of the nineteenth century. At fourteen he came to America with his father, who died three days after their arrival here. A poor, homeless orphan, in a strange land—ah! it takes courage to rise from such a beginning. There is little 'luck' in the life of such boys who become wealthy. The poet says:
"The fading flowers of pleasures
Spring spontaneous from the soil,
But the real harvest's treasure
Yields alone to patient toil."
Whether these lines ever caught the eye of Henry Disston or no, we are not able to say; certain it is, however, that he concurred in that belief, for so hard did he work, and so closely did he study the business, that he was made foreman when he was but eighteen.
When his seven long years of apprenticeship was up he arranged with his employer to take his wages in tools. With scarcely any money, he wheeled a barrow load of coal to his cellar where he began to make saws. Saws of American manufacture, were at that time held in poor esteem, and he had a great public prejudice to overcome. But Henry Disston determined to show people that he could compete with foreign goods, and to do this he sometimes sold goods at an advance of only one per cent. He moved to a small room twenty feet square, at the corner of Front and Laurel streets; this was in 1846. In 1849 he was burned out, and before he rebuilt he obtained control of additional land adjoining that which he had occupied, and here built a new factory. Now he began to reap the reward of his early toil and study. He was enterprising, like all successful men, and his inventive genius soon enabled him to get up new designs for teeth to do different kinds of work. He never allowed a poor tool, or an imperfect one, to be shipped from his factory. Consequently a market once gained was easily kept. His enterprise induced him to add a file works to his already large business; in fact, the Keystone Saw Works made a splendid exhibit at the Centennial, showing all kinds of tools made from steel. His works cover hundreds of acres of land, and employ over fifteen hundred hands, while the business extends all over the world.
In March, 1878, this great manufacturer died in Philadelphia. He was a very common man—great wealth did not spoil him, and he could perform with his own hands any part of the work in his immense establishment. This ability to work thorough mastery of the business, which had taken years of patient thought to develop, brought about his splendid success.
[Peter Cooper]
Who, indeed, is there who has not heard of Peter Cooper? He was born in the city of New York in 1791. His father was a man who possessed some ability, but was so inconstant that the poor boy received only about six months' schooling, and he received that before he was eight years old.
Reader, think of it; can you make yourself believe that his great riches came through 'good luck'? we will see: His father, being a hatter, little Peter was early employed pulling the hair off the rabbit skins to obtain material with which to make the hats. In the course of time his father moved to Peekskill, and at seventeen Peter resolved to strike out into the world for himself. He returned to his native city and apprenticed himself to the firm of Burtis & Woodward. Here he remained four years where he acquired a thorough mastery of the coach-making trade. In addition to his board he received during his apprenticeship the sum of twenty-five dollars per year with which to clothe himself. Although he had spent four long years learning the trade of coach-making he, for some reason, determined not to make that his calling for life. Accordingly he went to Hempstead, Long Island, and there he met a party who was manufacturing a patent shears for shearing cloth. To this man he engaged himself at $1.50 per day, where he remained until the business became unremunerative, a period of three years. He next turned his attention to the business of making and selling cabinet furniture; at the end of a year he sold out this business, and with his family returned to New York city.
He now entered the grocery business and the next year, seeing his opportunity, leased for a period of nineteen years a piece of land containing a few buildings. He now moved his grocery business into one of these buildings, subletting the others at a profit. His eyes were kept open, and he never let an opportunity slip by to turn an honest penny. There was a glue factory situated not far from his present location. True, it had never paid, and that seemed to be reason enough for all others, but Cooper made a study of the glue business. He satisfied himself that he could make it pay; he thought he could see where the trouble was with the present proprietor, and he bought it out, paying two thousand dollars, cash down, for it. By a progressive study of this new business he soon produced a better article than was made by others, and so materially reduced the price as to drive out foreign competition from the American markets. Of course, he made money, and when he saw that we paid Russia four dollars per pound for isinglass, he studied up on the manufacture of the same, and added that article to his business, and soon was enabled to sell it at less than ONE DOLLAR A POUND. It is needless to say that he succeeded in completely monopolizing the isinglass industry for a long time, and his profit on that one article would have made him a very rich man.