BAKER BUSINESS SCHOOL
LAWRENCE MANUFACTURING COMPANY RECORDS
WRIITEN BY HENRY HALL, TREASURER
March 21, 1836
Some months since I had a conversation with you on the subject of your Boarding Houses – when you stated the difficulties the keepers of them labour’d under of meeting their expenses at the present rates of Board. And it was understood that you would use your endeavours to relieve them by offering a “Bounty” on the Board of those employ’d in your Mills, and the reduction of Rents in such cases, as seemed peculiarly to require it. This temporary arrangement it was hoped, would answer all the purposes desired, until the prices of Provisions were reduced to such rats as would enable you to resume your previous prices for Board. Contrary to our expectations prices of provisions instead of falling have continued to maintain the same value and in many instances have advanced it seems therefore necessary, that something should be done to meet the exigency of the times – or Bankruptcy must attend those engaged in keeping the Houses. I wish therefore that you would take an early occasion to call a meeting of the Agents of the different Companies and endeavour to agree on some plan to relieve the parties interested – which may be done by an augmentation of “Board” or the reduction of Rent as may seem most expedient.
You will please show this to Mr Means and Mr Aiken and act in concert.
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