Steam In Transition: A History of the Nichols and Shepard Company and the Port Huron Engine and Thresher Company

(Page 6 of 9)

Article Tools
Bookmark and Share

Facing growing financial instability, Port Huron authorized H. W. Stevens who was a member of the Board of Directors, to journey overseas to England in 1916. The purpose behind Stevens' voyage was to persuade a wealthy friend originally from Port Huron, to inject some badly needed cash into the sagging company. Because England was in the midst of war, Stevens' request was politely refused.20

RELATED CONTENT

The following year, President A. E. West and Treasurer J. I. Sullivan formally acknowledged that overall sales had diminished, and the attempt to break into the gasoline tractor market had not been realized, because of flaws with the tractor. Continued marginal sales forced the company into receivership in 1920. With a skeleton work force, the company managed to manufacture threshing machines until 1925. The company met its unfortunate end in 1928 and liquidated its inventory, also.21

The demise of the Port Huron Steam Engine and Thresher Company epitomized the transitional crises which faced all tractor manufacturers between 1910 and the Great Depression. Nichols and Shepard survived because they adapted to meet changes in the market. Companies like Port Huron failed, because they did not comprehend the market and/or produced inferior machines that garnered unfavorable reputation. The impact of these companies in their communities and relationships with their workers will be scrutinized next.

The enterprising men behind these companies were highly revered in their communities. Not only did these industrial entrepreneurs bring jobs to their cities, they also contributed to hospitals, social clubs and even fire departments through philanthropic endowments. Even though the companies instituted a Pullman type system in their employee relationships, they seemed to value their laborers to a higher degree than the steel magnates of this time. In the 1870s, the Nichols and Shepard Company devised an unusual social club and began a modest profit sharing scheme. An all employees social club came to fruition under the heading of the 'Vibrator Social Club.' Each November, for over 40 years, workers and managers alike boarded a train in Battle Creek that carried them to remote areas in upper northern Michigan, where they engaged in hunting and fishing exploits. Bernice Lowe, wife of a participant gave this description of the 1877 foray: 'Club members paraded about with feathers in their in their caps as they showed off the quarry of the expedition. Included were no less than 48 deer, 23 turkeys, untold number of geese and ducks, along with an abundance of over a dozen species of fish. Members then proceeded to cook their prize catches as friends and relatives gathered to partake in this lavish banquet which was fit for a king.'22 The Port Huron Company sponsored several Sunday outings for their workers.

Page: << Previous 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | Next >>


SUBSCRIBE TO FARM COLLECTOR TODAY!

First Name: *
Last Name: *
Address: *
City: *
State/Province: *
Zip/Postal Code:*
Country:
Email:*
(* indicates a required item)
Canadian subs: 1 year, (includes postage & GST). Foreign subs: 1 year, . U.S. funds.
Canadian Subscribers - Click Here
Non US and Canadian Subscribers - Click Here

FARM COLLECTOR is a monthly magazine focusing on antique tractors and all kinds of antique farm equipment. if it's old and from the farm, we're interested in it!

Every month Farm Collector brings you:

  • Windmills to cream separators
  • Hog oilers to horse-drawn equipment
  • Implements to engines to farm toys

If it's old and from the farm, we're interested in it!

Be sure to take advantage of the

Square Deal Subscription Program.

No Missed Issues. No Renewal Notices. No Additional Cost

The Square Deal Subscription Program is designed as a paperless transaction with automatic renewals at a preferred low rate. With advanced electronic notification, 100% satisfaction guaranteed and an easy opt-out plan, the Square Deal Subscription Program is the best value, risk free, eco-friendliest way to subscribe. Click here to read our Frequently Asked Questions.