Search America's historic newspaper pages from 1777-1963 or use the U.S. Newspaper Directory to find information about American newspapers published between 1690-present. Chronicling America is sponsored jointly by the National Endowment for the Humanities external link and the Library of Congress. Learn more
Image provided by: University of Illinois at Urbana-Champaign Library, Urbana, IL
Newspaper Page Text
mmmmmmmmmmmmmmm ir- aii in his power to keep other fifteen-year-old boys not to mention their sisters and broth ers and fathers- and mothers at work under the same conditions he resented so bitterly. What -has- caused William Wood's change of heart? He has graduated from the ranks of capitalism, and the touch of money made him forget the evils of long hours, blighting toil and poor pay." The life story of Wood is a ro mance. Wood's father came with his bride to Edgartown, a little vil- lage on the shores of Nantucket Island, forty years ago. He was a Portuguese, from the Azores, and could not speak a word of English. At Edgartown Wood took a job piloting a little two-by-four coasting vessel. During the five years that Wood sailed this channel Wil liam was born. Soon after his birth the Wood family (whose name was. really not Wood at all, . but an unpronounceable Portu guese name which they had dis carded (went to school until he was fifteen' and had entered the high school. But the family was floor. He had a brother and two sisters younger than himself. His 'father was ill. So William wen,t into the 'mills. He got a job at the Wamsutta factories. It paid him, it is said, $3 a week. For-three years he held that job. During this time he- learned to hate the work, with all its' op pression and its lack of decent? pay, and one day he told the bqss he had got "a GOOD job." It was iri the New Bedford bank. For a while Wood stayed with the banking people, learning all j the witchery of checks and drafts and balances., And then one day he went back to the woolen busi- - ness. r s .But not as a loom boy. This -times it was as a salesman. For several years, all over the country, Wood sold woolens. He sold more woolen goods to the square mile than any one had "ever sold before. " And the upshot was he was brought to the, home office to manage ALL the salesmen. About this time his -factory, through mismanagement, was in a bad way. Frederick Ayer, who gathered his dollars out of the bottom of a sarsaparilla bottle, had put a million in this mill. His , million was fast dropping out of sight - i William Wood, who by this time was engaged or almost to Ayer's daughtersaid: - s "Give me a million more, and j I'll save the other million and make a lot besides." And he did I i Out of that bankrupt woolen I rnnrprn hf has rrpateA nne nf tVi . greatest trusts in the World. It is fated-'as being wdrth $75,000, 000, and Wood dwns a large part of it,3nd controls it altogether. He married. Miss Ayer, has a young" son and daughter, keeps so many automobiles and private secretaries that he doesn t know