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Great Fortunes, and How They Were Made

Chapter XVI

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CHAPTER XVI.

CHAUNCEY JEROME.

The old-fashioned clocks—Their expensiveness—Condition of the clock trade of Connecticut sixty years ago—Early history of Chauncey Jerome—A hard life—Death of his father—Becomes a farmer's boy—Is anxious to become a clock-maker—An over-wise guardian—Hardships of an apprentice—How Jerome became a carpenter—Hires his winters from his master—Becomes a dial-maker—The clock-making expedition—Jerome's first savings—Takes a wife—A master carpenter—Poor pay and hard work—Buys a house—A dull winter—Enters Mr. Terry's factory—The wooden clock business—Sets up in business for himself—Industry and energy rewarded—His first order—Sends his clocks South—Enlarges his business—Improvements in his clocks—Losses on southern shipments from dampness—Depression of business—Jerome's anxiety—A wakeful night—Invention of the brass—A new era in the clock trade—Beneficial effects of Jerome's invention—Magnitude of the Connecticut clock trade at present—Growth of Jerome's business—Makes a fortune—Organization of the "Jerome Clock-making Company"—Practical withdrawal of Mr. Jerome—Difficulties of the company—Jerome a ruined man—Honest independence—Finds employment—Becomes the manager of the Chicago Company.

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