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Oliver Chace
Oliver Chace (August 24, 1769 – May 21, 1852) was an American 18th and 19th-century businessman. He was the founder of several New England textile manufacturing companies in the early 19th century, including the Valley Falls Company, the original antecedent of Berkshire Hathaway, which as of 2019 is one of the largest and most valuable companies in the world. Early life Chace was born on August 24, 1769 in Swansea, Massachusetts, to Jonathan Chace and Mary Earle, members of well known Yankee families in New England who had come from England in 1630 in the Puritan fleet with Governor John Winthrop. Chace and his family were Quakers (Society of Friends). Manufacturing career and legacy As a young man, Chace worked as a carpenter for Samuel Slater, who established one of the first successful textile mills in the Americas at Pawtucket, Rhode Island in 1793. In 1806, Chace eventually started his own textile mill in Swansea, Massachusetts and then the Troy Cotton & Woolen Manufac ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Oliver Chace's Thread Mill
Oliver Chace's Thread Mill is an historic mill building at 505 Bay Street in Fall River, Massachusetts. It is the remains of a much larger complex. The small building was used as an office and later for storage. The building was constructed by Oliver Chace in 1840 as part of the adjacent Chace Thread Mill. When it was built, the mill and other buildings were located in what was then part of Tiverton, Rhode Island. It wasn't until 1862 that the State Line was relocated and the site became part of Fall River, Massachusetts. In 1867, the mills were sold and renamed the Mount Hope Mills, which operated until 1878. In 1880, the site was purchased by a group led by Crawford E. Lindsey, and renamed the Conanicut Mills for the production of fine cotton goods. The company later added a small brick weave shed nearby. The mills closed in 1926. It was added to the National Register of Historic Places in 1983. See also *National Register of Historic Places listings in Fall River, Massachusett ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Swansea, Massachusetts
Swansea is a town in Bristol County in southeastern Massachusetts. It is located at the mouth of the Taunton River, just west of Fall River, south of Boston, and southeast of Providence, Rhode Island. The population was 17,144 at the 2020 census. The villages of Hortonville, Barneyville and Ocean Grove are located in the town. History Swansea was named for the Welsh city of Swansea, which had been the hometown of some original settlers. John Miles, the founder of the first Baptist Church in Wales, moved to Swansea . William Brenton had purchased the land from Native Americans. Parts of its territory were originally part of Rehoboth, Massachusetts. In 1667 the first Baptist church in Massachusetts relocated to Swansea from Rehoboth after experiencing religious intolerance there, and Swansea was incorporated as an independent town. Initially, the town established a committee to assign rank of 1, 2, or 3 to the residents with the first getting 3 acres of land, the second 2 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Fall River, Massachusetts
Fall River is a city in Bristol County, Massachusetts, United States. The City of Fall River's population was 94,000 at the 2020 United States Census, making it the tenth-largest city in the state. Located along the eastern shore of Mount Hope Bay at the mouth of the Taunton River, the city became famous during the 19th century as the leading textile manufacturing center in the United States. While the textile industry has long since moved on, its impact on the city's culture and landscape is still prominent. Fall River's official motto is "We'll Try", dating back to the aftermath of the Great Fire of 1843. Nicknamed The Scholarship City after Irving Fradkin founded Dollars for Scholars there in 1958, mayor Jasiel Correia introduced the "Make It Here" slogan as part of a citywide rebranding effort in 2017. Fall River is known for the Lizzie Borden case, the Fall River cult murders, Portuguese culture, its numerous 19th-century textile mills and Battleship Cove, home of t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
History Of Fall River, Massachusetts
For much of its history, the city of Fall River, Massachusetts has been defined by the rise and fall of its cotton textile industry. From its beginnings as a rural outpost of the Plymouth Colony, the city grew to become the largest textile producing center in the United States during the 19th century, with over one hundred mills in operation by 1920. Even with the demise of local textile productions during the 20th century, there remains a lasting legacy of its impact on the city. Early history At the time of the establishment of the Plymouth Colony in 1620, the area that later became the city of Fall River was inhabited by the Pokanoket Wampanoag tribe, headquartered at Mount Hope in what is now Bristol, Rhode Island. The "falling" river that the name Fall River refers to is the Quequechan River (pronounced "Quick-a-shan" by locals). Quequechan is a Wampanoag word believed to mean "Falling River" or "Leaping/Falling Waters." In 1653, Freetown, Massachusetts was settled at Assone ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Warren Buffett
Warren Edward Buffett ( ; born August 30, 1930) is an American business magnate, investor, and philanthropist. He is currently the chairman and CEO of Berkshire Hathaway. He is one of the most successful investors in the world and has a net worth of over $100 billion as of November 2022, making him the world's sixth-wealthiest person. Buffett was born in Omaha, Nebraska. He developed an interest in business and investing in his youth, eventually entering the Wharton School of the University of Pennsylvania in 1947 before transferring to and graduating from the University of Nebraska at 19. He went on to graduate from Columbia Business School, where he molded his investment philosophy around the concept of value investing pioneered by Benjamin Graham. He attended New York Institute of Finance to focus his economics background and soon after began various business partnerships, including one with Graham. He created Buffett Partnership, Ltd in 1956 and his firm eventually acqui ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
New Bedford, Massachusetts
New Bedford (Massachusett language, Massachusett: ) is a city in Bristol County, Massachusetts, Bristol County, Massachusetts. It is located on the Acushnet River in what is known as the South Coast (Massachusetts), South Coast region. Up through the 17th century, the area was the territory of the Wampanoag Native American people. English colonists bought the land on which New Bedford would later be built from the Wampanoag in 1652, and the original colonial settlement that would later become the city was founded by English Quakers in the late 17th century. The town of New Bedford itself was officially incorporated in 1787. During the first half of the 19th century, New Bedford was one of the world's most important whaling ports. At its economic height during this period, New Bedford was the wealthiest city in the world per capita. New Bedford was also a Abolitionism in New Bedford, Massachusetts, center of abolitionism at this time. The city attracted many freed or escaped Afric ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hathaway Mills
The Hathaway Manufacturing Company was a producer of cotton textiles founded in New Bedford, Massachusetts in 1888 by Horatio Hathaway, a China trader and whaler in the Pacific. History By 1917, the Hathaway Mills would grow to contain 108,000 ring and mule spindles and 3,400 looms for the production of fine cotton goods, for which the humid seaside location of New Bedford was well suited. In 1955, Hathaway merged with Berkshire Fine Spinning Associates of Adams, Massachusetts, and became known as Berkshire Hathaway. By the 1960s, Berkshire Hathaway had declined to seven plants and 6,000 employees, but still annually produced one quarter of a billion yards of material that sold for more than $60 million. The assets, and a sizable amount of cash on the balance sheet, caught the eye of Warren Buffett, an up-and-coming but little-known investor from Omaha, Nebraska Omaha ( ) is the largest city in the U.S. state of Nebraska and the county seat of Douglas County. Omaha ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Berkshire Fine Spinning Associates
Berkshire Fine Spinning Associates () was an American textile company, founded in 1889 as Berkshire Cotton Manufacturing Company in Adams, Massachusetts in Berkshire County, Massachusetts. History The first mill built by the company was Berkshire Mill No. 1 in Adams. In June 1899, President William McKinley laid a cornerstone for the "new mills" of Berkshire Cotton Manufacturing, but was forced to cut his visit short by his wife's illness. By 1917, the company was capitalized at $2,500,000 and contained over 260,000 ring and mule spindles and 6,500 looms for the production of cotton textiles, making it one of the largest cotton textile companies in the world. In 1929, Berkshire merged with the Valley Falls Company of Rhode Island, and became known as Berkshire Fine Spinning Associates. Its head was Malcolm Greene Chace of the influential Chace family of New England. Malcolm's descendants (his son Malcolm Jr, and grandson Malcolm III) would run the company until 2007. In 1930, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Adams, Massachusetts
Adams is a town in northern Berkshire County, Massachusetts, United States. It is part of the Pittsfield, Massachusetts Metropolitan Statistical Area. The population was 8,166 at the 2020 census. History Nathan Jones purchased the township of East Hoosac at auction in 1762 from the state for £3,200. In 1778, the town was officially incorporated as Adams, named in honor of Samuel Adams, a revolutionary leader and signer of the Declaration of Independence. Much of the land had been subdivided into and lots. These were mostly farms with frontage on the Hoosic River, which over time would provide water power for woolen, cotton, lumber, and plastic mills. First settled in 1745, North Adams was originally part of Adams until the town split in 1878. Although there has never been a town of South Adams, the name was used prior to 1878 to specify the southern part of the town that had long had two primary centers, and survives in the name of the South Adams Savings Bank, which was in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Quaker
Quakers are people who belong to a historically Protestant Christian set of Christian denomination, denominations known formally as the Religious Society of Friends. Members of these movements ("theFriends") are generally united by a belief in each human's ability to experience Inward light, the light within or see "that of God in every one". Some profess a priesthood of all believers inspired by the First Epistle of Peter. They include those with evangelicalism, evangelical, Holiness movement, holiness, Mainline Protestant, liberal, and Conservative Friends, traditional Quaker understandings of Christianity. There are also Nontheist Quakers, whose spiritual practice does not rely on the existence of God. To differing extents, the Friends avoid creeds and Hierarchical structure, hierarchical structures. In 2017, there were an estimated 377,557 adult Quakers, 49% of them in Africa. Some 89% of Quakers worldwide belong to ''evangelical'' and ''programmed'' branches that hold ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Elizabeth Buffum Chace
Elizabeth Buffum Chace (December 9, 1806 – December 12, 1899) was an American activist in the anti-slavery, women's rights, and prison reform movements of the mid-to-late 19th century. She was inducted into the Rhode Island Heritage Hall of Fame in 2002. Birth and early life Elizabeth Buffum Chace was born Elizabeth Buffum in Smithfield, Rhode Island on December 9, 1806, to Arnold Buffum and Rebecca Gould, the Buffum and Gould families were some of the oldest families in New England. A birthright Quaker, Elizabeth Buffum grew up in a household that was anti-slavery, her father Arnold holding strong beliefs in that regard and being president of the New England Anti-Slavery Society. Marriage and early activities On April 4, 1828, Buffum married Samuel Buffington Chace, also a birthright Quaker of an old New England family. It was after her marriage to Samuel that Elizabeth began to become truly influential in the anti-slavery movement. Although Samuel was not as outspoke ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Connecticut
Connecticut () is the southernmost state in the New England region of the Northeastern United States. It is bordered by Rhode Island to the east, Massachusetts to the north, New York to the west, and Long Island Sound to the south. Its capital is Hartford and its most populous city is Bridgeport. Historically the state is part of New England as well as the tri-state area with New York and New Jersey. The state is named for the Connecticut River which approximately bisects the state. The word "Connecticut" is derived from various anglicized spellings of "Quinnetuket”, a Mohegan-Pequot word for "long tidal river". Connecticut's first European settlers were Dutchmen who established a small, short-lived settlement called House of Hope in Hartford at the confluence of the Park and Connecticut Rivers. Half of Connecticut was initially claimed by the Dutch colony New Netherland, which included much of the land between the Connecticut and Delaware Rivers, although the firs ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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