Early Life and Business
Hamilton Disston was born in Philadelphia, the eldest son of nine children born to Mary Steelman and Henry Disston, an English immigrant and descendant of French nobility. Disston's father was a successful industrialist who rose from being orphaned just days after arriving in the United States to running the Keystone Saw Works when Hamilton was a child. Henry Disston was responsible for multiple machining and saw patents, and in the spirit of Victorian-era paternalism, envisioned and engineered a community around his steel factory in Tacony, Pennsylvania. After attending public school, Hamilton left at 15 years old, opting for an apprenticeship at the saw factory which, by that time, was a $500,000-per-year international venture. His father threatened to fire him for repeatedly leaving the factory to work for a volunteer fire department. Hamilton twice joined the Union Army only to have Henry purchase his release, but Hamilton organized a Company of saw factory employees during the Gettysburg Campaign. Henry finally agreed to support the "Disston Volunteers" financially.
After the American Civil War, Disston returned to work in his father's factory as an executive. In 1878, following the death of Henry Disston, Hamilton and his brothers Horace, William, and Jacob inherited the company which had been renamed to Henry Disston & Sons. Hamilton became the controlling member of the 2,000-employee company and expanded production to 1.4 million hacksaws and three million files per year. Only a month after Henry's death, Hamilton gave President Rutherford B. Hayes a tour of the factory where an unshaped piece of steel was manufactured into a 26-inch (660 mm) hand saw in only 42 minutes, and was presented to the president at the end of the tour—etched with his name.
While the saw manufacturing business continued growing, Disston branched out, investing in a chemical firm, a Chinese railroad, real estate in Atlantic City, New Jersey and mining in the western United States.
Read more about this topic: Hamilton Disston
Famous quotes containing the words early, life and/or business:
“I do not know that I meet, in any of my Walks, Objects which move both my Spleen and Laughter so effectually, as those Young Fellows ... who rise early for no other Purpose but to publish their Laziness.”
—Richard Steele (1672–1729)
“A worthwhile person seeks not the easy life, for the easy life does not make a worthwhile person.”
—Chinese proverb.
“The enemy are no match for us in a fair fight.... The young men ... of the upper class are kind-hearted, good-natured fellows, who are unfit as possible for the business they are in. They have courage but no endurance, enterprise, or energy. The lower class are cowardly, cunning, and lazy. The height of their ambition is to shoot a Yankee from some place of safety.”
—Rutherford Birchard Hayes (1822–1893)