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A Classification of American Wealth |
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| Part I-Chapter 6 : Early industrialists > Francis Cabot Lowell : « Previous 1 - 2 - 3 Next » |
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Lowell, Jackson, Appleton and the Boston Manufacturing Company … fellow Boston merchant, Nathan Appleton, who was to play a key role as a backer of Lowell's textile projects. Back in Boston, as the War of 1812 broke out, Francis Cabot Lowell was convinced that manufacturing cloth in New England was both possible and profitable. In early 1813, Lowell and his brother-in-law Patrick Tracy Jackson incorporated the Boston Manufacturing Company with a capital of 100'000 $, backed by Jackson's brother and other Boston merchants, including …
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