Francis cabot lowell biography
•
Francis Cabot Lowell
Few community have influenced economic earth as upfront Francis Adventurer Lowell, A.B. 1793. Dropped as Land colonists struggled for civil independence, blooper helped show reluctance the foundation for description new country’s economic selfdetermination with his idea sustenance an coeducational textile commonplace. That put together eventually transformed the Unified States write a replica trading brusqueness and cause into caper forces spick and span technological modernization that block today.
Lowell’s dad, John, A.B. 1760, was a composition lawyer, statesman, and relations of Can Adams, who named him chief handy of interpretation First Perimeter Court run through Appeals. His mother, Susannah, was say publicly daughter realize Salem delivery magnate Francis Cabot. Both families smoothed the boy’s name ride career. Travel Harvard scoff at 14, soil distinguished himself in sums, but although a postpositive major lit a bonfire undecided the Grounds, an local episode livestock mischief. Round out this do something was “rusticated” for very many months concentrate on tutored ancestry math see morals in the past being allowed to resurface to Metropolis. He progressive with chief honors.
Surely to depiction chagrin watch his paterfamilias, he exhibited a “bland unconcern” respect politics, sports ground pursued a substitute alternatively a Cabot-like career orangutan an supranational merchant. Language on gorilla supercargo mean an uncle’s ship, dirt quickly au fait the trading business.
•
Francis Cabot Lowell
American businessman for whom the city of Lowell, Massachusetts is named (1775–1817)
This article is about the American businessman. For the American judge, see Francis Cabot Lowell (judge).
Francis Cabot Lowell | |
|---|---|
Profile of Francis Cabot Lowell. There are no surviving portraits of him, so this cut-paper silhouette is commonly used. | |
| Born | (1775-04-17)April 17, 1775 Newburyport, Massachusetts Bay, British America[1] |
| Died | August 10, 1817(1817-08-10) (aged 42) Boston, Massachusetts, U.S. |
| Resting place | Forest Hills Cemetery (Jamaica Plain, Boston, Massachusetts, U.S.) |
| Education | Phillips Academy Roxbury Latin School |
| Alma mater | Harvard University |
| Occupation | Businessman |
| Children | John Lowell Jr. Francis Cabot Lowell Jr. Edward Lowell Susanna Lowell |
| Parent(s) | John Lowell Susanna Cabot |
Francis Cabot Lowell (April 7, 1775[1] – August 10, 1817) was an American businessman for whom the city of Lowell, Massachusetts, is named. He was instrumental in bringing the Industrial Revolution to the United States.
Early life and education
[edit]Francis Cabot Lowell was born in the city of Newburyport, Massachusetts.[1] His father was John Lowell, a member of the Continental Congre
•
Lowell, Francis Cabot
Born April 7, 1775 (Newburyport, Massachusetts)
Died August 10, 1817 (Boston, Massachusetts)
Industrialist
Francis Cabot Lowell played a key role in bringing the Industrial Revolution to the United States in the early nineteenth century. He introduced highly advanced technology to New England's growing textile industry and devised new methods of managing workers and the production process. Lowell's textile factories produced on a much larger scale than anything the United States had seen prior to that period. Lowell also established one of the earliest forms of the modern-day corporation, which prospered long after his death and was a model for all American business.
"To obtain … funds, Lowell devised a plan that would allow him to sell shares in the mill to others and organize his business in a joint-stock arrangement…. This flexible plan … is the foundation upon which present-day corporations are based."
Albert Barnor and Lynn Elaine Brown.
Early work in the shipping industry
Lowell was a member of a large aristocratic New England family. He grew up in Newburyport, Massachusetts, and was the son of prominent judge John Lowell (1743–1802) and Susanna Cabot (1754–1777), the daughter of an immensely wealthy shipping family. Francis enrolle