Thursday, October 4, 2007

other factors delayed expansion of the mill

from the Baltimore-Pritchett collection

Besides the influx of these cloths other factors delayed expansion of the mill. Virginia's population remained relatively stationary, increasing only twelve percent during the 1850's while the national rate was three times as great. In Albemarle County the 20,000 inhabitants of 1820 had slowly climbed to 23,000 in 1840 and to 25,800 in 1850. The next ten years added only 825 to that total. In addition, the panic of 1857 affected Marchant's fortunes adversely. However, it is significant that confronted with all these developments, he made no attempt to dispose of the property or to divert production from the manufacture of cotton and woolen cloth.--Harry Poindexter

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