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Bishop, J. Leander (John Leander), 1820-1868 / A history of American manufactures from 1608 to 1860 : exhibiting the origin and growth of the principal mechanic arts and manufactures, from the earliest colonial period to the adoption of the Constitution ; and comprising annals of the industry of the United States in machinery, manufactures and useful arts, with a notice of the important inventions, tariffs, and the results of each decennial census
Volume 3 (1868)

Manufactures of Boston,   pp. 276-312 ff.


Page 309

THE BOSTON RUBBER SHOE COMPANY.
parties found that there was a serious obstacle in their path.  The
Union Rubber Company had quietly estopped all payments on such
contracts, unless the parties furnishing such supplies could produce a
written permit or order from them. The only course that remained
was to attempt some compromise with the Company whose rights had
been invaded, which could usually be effected upon terms not unreason-
able, in view of the circumstances. The managers of the Boston
Rubber Shoe Company regarded the matter, in the outset, from a
different standpoint. They at once conceded the justice as well as
legal right of the Union Company to the exclusive control of such
manufactures, but signified their desire to be remembered, in case that
Company should obtain contracts for, or Government should require
larger supplies, in a given time, than they could furnish. This honor-
able procedure was met in a similar spirit by the managers of the Union
Company, and thousands of blankets were manufactured at the works
of the Boston Company, few of which failed to pass the rigid inspection
of the United States officials.
Upon the conclusion of the war, the legitimate business of the
Corporation was resumed. The works were enlarged by the erection
of two buildings of brick and granite, and several improvements were
introduced in the processes of manufacturing Boots and Shoes. The
improved boots, designed especially for use in the newly-discovered
mining territories, were in greater demand than they could be produced.
The high prices of leather boots and shoes rendered the cheaper rubber
no longer, as formerly, a luxury, but a necessity; and they are now
largely used by a class of people whose scanty earnings compel them
to practise the strictest economy.
The goods of the Boston Rubber Shoe Company having, for a long
period, had a reputation equal to the best in the American market, this
Company shared in the general prosperity, and the Stockholders are
being rewarded for their confidence in the managers whom they
selected.
As we have stated, there are but eijht incorporated companies, in
the United States, engaged in the manufacture of Rubber Shoes ; but
,these have such facilities for manufacturing, that they could, at any
time, overstock the market, and the competition between them prevents
the consumer from being charged an exorbitant price. The day for
large profits in this manufacture has, contrary to current opinion,
passed by, and the monopoly that is said to exist in this branch is, in
effect, only nominal.
309


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