Image from page 397 of "History of the great Northwest and its men of progress : a select list of biographical sketches and portraits of the leaders in business, professional and official life" (1901)

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Identifier: historyofgreatno00hyde
Title: History of the great Northwest and its men of progress : a select list of biographical sketches and portraits of the leaders in business, professional and official life
Year: 1901 (1900s)
Authors: Hyde, Cornelius William Gillam, 1838- Lounsberry, Clement A., 1843- McGrath, Hugh J Stoddard, William
Publisher: Minneapolis : Minneapolis Journal
Contributing Library: University of Illinois Urbana-Champaign
Digitizing Sponsor: University of Illinois Urbana-Champaign

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Text Appearing Before Image:
of that Minneapolis staple. •Hisinterests in flour manufacturing weretlirrjugh the oiiginal firm of W. D. W^ash-buru i^ Co. and ^^ashburn, Crosby & Co.The firm of W. D. Washburn & Co. subse-(juently, in 1884, was merged in the Wash-Iturn Mill Company, and in 1889 the flourmilling division of this business was consoli-dated with the Pillsbury interests in theI*iIlsbury-\Vashburn Flour Mills Company,forming the largest flour milling corpora-tion in the world. At this time there werelarge accessions of English capital, but Jlr.Washburn retained—as he does at this time—a large interest, and has been continuous-ly one of the board of American directors ofthe properties. The Minneapolis Mill Com-panj- was also consolidated with the newrorporation which afterwards completed thework of harnessing the power of St. An-thony Falls by the construction of a newdam and jjower house a short distance be-low the main falls. This rapid sketchingof what would seem a life work for any man,

Text Appearing After Image:
WILLIAM I). WASHP.UUN. HISTORY OF THE GREAT NORTHWEST. gives, however, but one side of the businessactivities of Mr. Washburn—his interest indeveloping the two leading industries of^Minnesota. It has been said of one of thegreatest of Englishmen that while manymen think in parishes and a few thinkin nations, he thinks in continents. Ap-plying this thought to business, it might besaid that while many men think in singlelines of trade, a few think in the broad linesof general manufacturing or jobbing, whileonly a very limited number think throughthe whole question of producing, distribut-ing, financing and transporting. To the lat-ter class Mr. Washburn belongs. He has,from time to time, and very much of thetime, had considerable interest in the finan-cial institutions of Minneapolis, in whole-sale trade, in real estate. But aside fromhis influence in the development of manufac-turing his most conspicuous undertakings,and those in which the public has been mostinterested, have been th

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bookidhistoryofgreatno00hyde bookyear1901 bookdecade1900 bookcentury1900 bookauthorhydecorneliuswilliamgillam1838 bookauthorlounsberryclementa1843 bookauthormcgrathhughj bookauthorstoddardwilliam bookpublisherminneapolisminneapolisjournal bookcontributoruniversityofillinoisurbanachampaign booksponsoruniversityofillinoisurbanachampaign bookleafnumber397 bookcollectionamericana

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