AmoskEag Success Story

Series

Series Name

The March of Time 3rd Year

Issue

Issue No.

7

Date Released

1937

Stories in this Issue:

1. 1the Spoils system
2. 2America’s Gibraltar
3. 3AmoskEag Success Story

Story

Story No. within this Issue

3 / 3

Summary

March of Time synopsis: The manner in which a group of small town business men saved the small American city of Manchester from industrial paralysis, when the great Amoskeag cotton mills went into bankruptcy, is told in an episode entitled "Amoskeag - Success Story", included in the latest issue of the "March of Time". At the peak of production, in 1921, the Amoskeag Manufacturing Company operated the largest mill in the U.S.A., with 5 buildings employing 17,000 of Manchester’s 76,000 populaion. Faced with competition from the South where cheap labour abounds, Amoskeag was forced into bankruptcy. The mills by order of the Federal Court were offered for auction, but Arthur Moreau, a Manchester businessman, despite stiff opposition induced the citizens of the city to buy them. In ten days the £1,000,000 necessary for the purchase was obtained, and the investors launched a national sales campaign to tempt new industries to the city. To-day with a number of diversified industries housed in the old cotton mills, Manchester is again a city of prosperity.

Researcher Comments

This story was included in Vol.4 No.3 of the US edition.

Keywords

Industry and manufacture

Written sources

The March of Time Promotional Material   Used for synopsis

Credits:

Production Co.

Time Inc.