OCR Interpretation


The day book. (Chicago, Ill.) 1911-1917, February 08, 1912, Image 13

Image and text provided by University of Illinois at Urbana-Champaign Library, Urbana, IL

Persistent link: http://chroniclingamerica.loc.gov/lccn/sn83045487/1912-02-08/ed-1/seq-13/

What is OCR?


Thumbnail for

ffte&;
j . W"" n-f f,'; ?
-(r -l--
iWVfper'''
WM. WOOD, POOR BOY, NOW WOOL TRUST MAGNATE,
HEEDS NOT THE CRY OF 150,000 POOR NEIGHBORS
By Marlen E. Pew.
Lawrence, Mass., Feb. 8. The
story of the career of Win. M.
Wood, president of the American
Woolen Co., provides a curious
paradox.
This man is the oppressor of
150,000 miserable New England
. textile" w'orkers ; a few years ago
he was one of them. He is piti
less in his fight; against the 30,000
strikers of Lawrence: in his youth
he felt the sting of hunger that
these strikers now rebel against.
Fortune has smiled upon him
and he has grown enormously
rich; he declares that $4 to $9 'per
week is enough for the men and
women who spin the product of
his mills.
It is said of George F. Baer,
the anthracite, baron, that he sin
cerely believes in his famous
theory of -the divine right of
wealth. J. Pierportt Morgan was
born to large fortune and has
never even seen the poverty of
the steel slaves of Pittsburgh,
though it is inconceivable that he
does not know that it exists.
Othergreat captains of indus
try are so comfortable in their
clubs and palaces or so busy play
ing with the foibles of society
that they may never think of
what is happening beyond the
vision of their dividends.
Not so with Wood. He knows.
These strikers are his neighbors.
Their distress he sees. Their cries
he hears.
.Wood's father was a Portu
guese Jew immigrant. He la
bored in a cotton mill and died of
tuberculosis, a disease common to
cotton and -wool spinners. The
father's name is believed to have
been Alphonse Lehair, or.Levair.
He changed-his name to Wood
by order of" the mill bosses who,
in those days, listed their employ
es by name instead of number,
i1ssBHPE3mS" z-Wr
William M. Wood,
Multi-Millionaire Wool Trust
Chief.
and bookkeepers didn't like' to
fuss with strange", foreign names.
William quit grammar school
when his father died. His mother
and sisters faced poverty. It is
said that the family was often in
sad want. William got a job in
the Wamsutta mills, New Bed
ford. He gave his salary to his
mother while she lived and has

xml | txt