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McLeod, Donald / History of Wiskonsan, from its first discovery to the present period, including a geological and topographical description of the territory with a correct catalogue of all its plants
(1846)

Chapter XII,   pp. 214-231 PDF (3.0 MB)


Page 217


HISTORY OP WIBEONSAN.
country. These factories are of recent origin. The
Sangerties point company, in Ulster county, N. Y.,
was one of the first established in this country. It
was suggested by the extremely low price of lead in
1842. It then commanded but 3 cents per lb. in New
York, and sometimes was as low as 2i cents. When
lead was such a drug, it was thought by some enter-
prising men in New York to be a most favorable time
to try whether a fair profit could not be realized by
making paint here, instead of shipping the lead to Eng-
land to be manufactured. The capital stock was taken,
and operations were commenced on a large scale.
Enterprise has been well repaid by this novel manu-
facture, and white-lead factories are gradually going
up in diflfrent parts of the country, which are largely
consuming our lead, while they are furnishing our
country with paint.
  Seven or eight years ago, there were some thou-
sands of pounds made in Rossie, St. Lawrence county,
N. Y. The lead was of a superior quality, and there
was hope at one time that its manufacture would con-
stantly and steadily increase; but these hopes have not
been realized. From some cause or other, it could
not be made at Rossie under 4 cents a lb. In 1842, it
only commanded 5 cents in New York. Its manufac-
ture could not therefore be continued in competition
with the Wiskonsan and Illinois mines, where they
could make a small profit at 3 cents per lb. The works
at Rossie have consequently been discontinued.
  Lead now commands 4 cents per lb. in New York.
At this rate 31 cents can be given in Illinois-which
price is a fair remuneration, but no more. When lead
                         19*
217


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