Pepperell's Progress: History of a Cotton Textile Company, 1844-1945

This book is a record of business success. Evelyn Knowlton follows the development of the Pepperell Manufacturing Company’s practices as to wages, prices, procurement, production, and sales, and devotes considerable attention to its financial operations. She reveals the factors involved in such top-policy decisions as the company’s location, its choice of executives, and its willingness to give them a free hand. She brings out the strategic part played by the second line of management—mill agents, superintendents, foremen—in the success of the company’s operations. The general reader, businessmen, historians, and economists will find much to interest them in this book from the Harvard Studies in Business History.