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Amoskeag Mill
The Amoskeag Manufacturing Company was a textile manufacturer which founded Manchester, New Hampshire, United States. From modest beginnings it grew throughout the 19th century into the largest cotton textile plant in the world. At its peak, Amoskeag had 17,000 employees and around 30 buildings. In the early 20th century, changing economic and social conditions occurred as the New England textile industry shifted to the Southern U.S., and the business went bankrupt in 1935. Many decades later, the original mills were refurbished and renovated, and now house offices, restaurants, software companies, college branches, art studios, apartments and a museum. History Origins In May 1807, Samuel Blodgett completed a canal and lock system beside the Merrimack River at Derryfield. His enterprise allowed boats traveling between Concord and Nashua to bypass Amoskeag Falls, opening the region to development and connecting it to a network linking it to Boston. Blodget envisioned a "Ma ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bankruptcy
Bankruptcy is a legal process through which people or other entities who cannot repay debts to creditors may seek relief from some or all of their debts. In most jurisdictions, bankruptcy is imposed by a court order, often initiated by the debtor. Bankrupt is not the only legal status that an insolvent person may have, and the term ''bankruptcy'' is therefore not a synonym for insolvency. Etymology The word ''bankruptcy'' is derived from Italian ''banca rotta'', literally meaning "broken bank". The term is often described as having originated in renaissance Italy, where there allegedly existed the tradition of smashing a banker's bench if he defaulted on payment so that the public could see that the banker, the owner of the bench, was no longer in a condition to continue his business, although some dismiss this as a false etymology. History In Ancient Greece, bankruptcy did not exist. If a man owed and he could not pay, he and his wife, children or servants were forced into " ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Concord, New Hampshire
Concord () is the capital city of the U.S. state of New Hampshire and the seat of Merrimack County. As of the 2020 census the population was 43,976, making it the third largest city in New Hampshire behind Manchester and Nashua. The village of Penacook lies at the northern boundary of the city limits. The city is home to the University of New Hampshire School of Law, New Hampshire's only law school; St. Paul's School, a private preparatory school; NHTI, a two-year community college; the New Hampshire Police Academy; and the New Hampshire Fire Academy. Concord's Old North Cemetery is the final resting place of Franklin Pierce, 14th President of the United States. History The area that would become Concord was originally settled thousands of years ago by Abenaki Native Americans called the Pennacook. The tribe fished for migrating salmon, sturgeon, and alewives with nets strung across the rapids of the Merrimack River. The stream was also the transportation route for their ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Creditor
A creditor or lender is a party (e.g., person, organization, company, or government) that has a claim on the services of a second party. It is a person or institution to whom money is owed. The first party, in general, has provided some property or service to the second party under the assumption (usually enforced by contract) that the second party will return an equivalent property and service. The second party is frequently called a debtor or borrower. The first party is called the creditor, which is the lender of property, service, or money. Creditors can be broadly divided into two categories: secured and unsecured. *A secured creditor has a security or charge over some or all of the debtor's assets, to provide reassurance (thus to ''secure'' him) of ultimate repayment of the debt owed to him. This could be by way of, for example, a mortgage, where the property represents the security. *An unsecured creditor does not have a charge over the debtor's assets. The term creditor ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Rhode Island
Rhode Island (, like ''road'') is a U.S. state, state in the New England region of the Northeastern United States. It is the List of U.S. states by area, smallest U.S. state by area and the List of states and territories of the United States by population, seventh-least populous, with slightly fewer than 1.1 million residents 2020 United States census, as of 2020, but it is the List of U.S. states by population density, second-most densely populated after New Jersey. It takes its name from Aquidneck Island, the eponymous island, though most of its land area is on the mainland. Rhode Island borders Connecticut to the west; Massachusetts to the north and east; and the Atlantic Ocean to the south via Rhode Island Sound and Block Island Sound. It also shares a small maritime border with New York (state), New York. Providence, Rhode Island, Providence is its capital and most populous city. Native Americans lived around Narragansett Bay for thousands of years before English settler ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cottage Industry
The putting-out system is a means of subcontracting work. Historically, it was also known as the workshop system and the domestic system. In putting-out, work is contracted by a central agent to subcontractors who complete the project via remote work. It was used in the English and American textile industries, in shoemaking, lock-making trades, and making parts for small firearms from the Industrial Revolution until the mid-19th century. After the invention of the sewing machine in 1846, the system lingered on for the making of ready-made men's clothing. The domestic system was suited to pre-urban times because workers did not have to travel from home to work, which was quite unfeasible due to the state of roads and footpaths, and members of the household spent many hours in farm or household tasks. Early factory owners sometimes had to build dormitories to house workers, especially girls and women. Putting-out workers had some flexibility to balance farm and household chores wit ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Weaving
Weaving is a method of textile production in which two distinct sets of yarns or threads are interlaced at right angles to form a fabric or cloth. Other methods are knitting, crocheting, felting, and braiding or plaiting. The longitudinal threads are called the warp and the lateral threads are the weft, woof, or filling. (''Weft'' is an Old English word meaning "that which is woven"; compare ''leave'' and ''left''.) The method in which these threads are interwoven affects the characteristics of the cloth. Cloth is usually woven on a loom, a device that holds the warp threads in place while filling threads are woven through them. A fabric band that meets this definition of cloth (warp threads with a weft thread winding between) can also be made using other methods, including tablet weaving, back strap loom, or other techniques that can be done without looms. The way the warp and filling threads interlace with each other is called the weave. The majority of woven products a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Currency
A currency, "in circulation", from la, currens, -entis, literally meaning "running" or "traversing" is a standardization of money in any form, in use or circulation as a medium of exchange, for example banknotes and coins. A more general definition is that a currency is a ''system of money'' in common use within a specific environment over time, especially for people in a nation state. Under this definition, the British Pound Sterling (£), euros (€), Japanese yen (¥), and U.S. dollars (US$)) are examples of (government-issued) fiat currencies. Currencies may act as stores of value and be traded between nations in foreign exchange markets, which determine the relative values of the different currencies. Currencies in this sense are either chosen by users or decreed by governments, and each type has limited boundaries of acceptance - i.e. legal tender laws may require a particular unit of account for payments to government agencies. Other definitions of the term "curren ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Yarn
Yarn is a long continuous length of interlocked fibres, used in sewing, crocheting, knitting, weaving, embroidery, ropemaking, and the production of textiles. Thread is a type of yarn intended for sewing by hand or machine. Modern manufactured sewing threads may be finished with wax or other lubricants to withstand the stresses involved in sewing. Embroidery threads are yarns specifically designed for needlework. Yarn can be made of a number of natural or synthetic materials, and comes in a variety of colors and thicknesses (referred to as "weights"). Although yarn may be dyed different colours, most yarns are solid coloured with a uniform hue. Etymology The word yarn comes from Middle English, from the Old English ''gearn'', akin to Old High German ''garn'', "yarn," Dutch "garen," Italian ''chordē'', "string," and Sanskrit ''hira'', "band." History The human production of yarn is known to have existed since the Stone Age and earlier prehistory, with ancient fiber mat ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Samuel Slater
Samuel Slater (June 9, 1768 – April 21, 1835) was an early English-American industrialist known as the "Father of the American Industrial Revolution" (a phrase coined by Andrew Jackson) and the "Father of the American Factory System". In the UK, he was called "Slater the Traitor" and "Sam the Slate" because he brought British textile technology to the United States, modifying it for American use. He stole the textile factory machinery designs as an apprentice to a pioneer in the British industry before migrating to the United States at the age of 21. He designed the first textile mills in the U.S. and later went into business for himself, developing a family business with his sons. He eventually owned thirteen spinning mills and had developed tenant farms and company towns around his textile mills, such as Slatersville, Rhode Island. Early life Samuel Slater was born in Belper, Derbyshire, England, to William and Elizabeth Slater, on June 9, 1768, the fifth son in a farming ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Benjamin Prichard
Benjamin Prichard was an early American industrialist who founded the Amoskeag Manufacturing Company, Amoskeag Cotton and Wool Manufacturing Company, which would grow to be the largest cotton textile mill in the world. References * * * Businesspeople from New Hampshire People from Manchester, New Hampshire {{US-business-bio-stub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Industrial Revolution
The Industrial Revolution was the transition to new manufacturing processes in Great Britain, continental Europe, and the United States, that occurred during the period from around 1760 to about 1820–1840. This transition included going from hand production methods to machines, new chemical manufacturing and iron production processes, the increasing use of steam power and water power, the development of machine tools and the rise of the mechanized factory system. Output greatly increased, and a result was an unprecedented rise in population and in the rate of population growth. Textiles were the dominant industry of the Industrial Revolution in terms of employment, value of output and capital invested. The textile industry was also the first to use modern production methods. The Industrial Revolution began in Great Britain, and many of the technological and architectural innovations were of British origin. By the mid-18th century, Britain was the world's leadi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Manchester, England
Manchester () is a city in Greater Manchester, England. It had a population of 552,000 in 2021. It is bordered by the Cheshire Plain to the south, the Pennines to the north and east, and the neighbouring city of Salford to the west. The two cities and the surrounding towns form one of the United Kingdom's most populous conurbations, the Greater Manchester Built-up Area, which has a population of 2.87 million. The history of Manchester began with the civilian settlement associated with the Roman fort (''castra'') of ''Mamucium'' or ''Mancunium'', established in about AD 79 on a sandstone bluff near the confluence of the rivers Medlock and Irwell. Historically part of Lancashire, areas of Cheshire south of the River Mersey were incorporated into Manchester in the 20th century, including Wythenshawe in 1931. Throughout the Middle Ages Manchester remained a manorial township, but began to expand "at an astonishing rate" around the turn of the 19th century. Manchester's un ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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