Chronicles of the Builders of the Commonwealth : Historical Character Study 1, Pt.2

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For these results the firm was largely in- debted to Irving M. Scott, for of the two other members whom it included, Henry, his youngest brother, at- tended mainly to the financial department, for which he was eminently fitted, and it was not until 1875 that Mr Prescott took an active part in its affairs.
Of the so-called bonanza mines it was declared by one of the manipulators of their stock that they would continue to pay dividends long after their detractors were in the grave; but their divi
...dends have long since come to an end, and there are many of their de- tractors who are not as yet in the grave. From an output of more $30,000,000 in the centennial year, their yield decreased to about $2,600,000 in 1880, and with this decrease, as no other Comstock mines were yielding largely, came a serious falling off in the de- mand for mining machinery, one that affected, more than all others, the Union Iron-works; for in this direction was their specialty. Additional reasons for this season of adversity were the general business de- pression, and the loss for a time of the personal super- vision of Irving M.

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