The Life and Times of Francis Cabot Lowell, 17751817
By (author) Chaim M. Rosenberg
Publication date:
01 July 2011Length of book:
366 pagesPublisher
Lexington BooksISBN-13: 9780739146842
After the Revolutionary War, despite political independence, the United States still relied on other countries for manufactured goods. Francis Cabot Lowell, born in Massachusetts in 1775, was one of the principal investors in building the India Wharf and the shops and warehouses close to the harbor. His work was instrumental in establishing domestic industry for the United States and spurred the American industrial revolution. Francis Cabot Lowell's Method—a detailed investment plan, cheap raw materials and power, a motivated labor force, a sound marketing plan, and above all, modern technology—became the standard for the American factory of the nineteenth century.
Rosenberg has combed the archives to recapture the life and times of Francis Cabot Lowell, whose short life brought about the industrial revolution in the United States, and made the Merrimack Valley of Massachusetts the most industrialized stretch of real estate in the world. It is astonishing that this story has not been told before—though there are biographies of Lowell judges, lawyers, and poets, this is the first biography of Francis Cabot Lowell, industrial pioneer and economic revolutionary. This is a great story, one worth telling.