William Gregg is an
American jeweler and industrialist who founded the Graniteville Company.
William championed industrial revolution earning
him the moniker as the “father of southern cotton manufacturing.”
William was born on
February 2, 1800 in Virginia. His mother, Elizabeth, died when he was just four
so that William grew up under the care of a neighbor until he was ten. He lived
with his uncle, Jacob Gregg, who was a successful watchsmith.
While William was in his
teens, Jacob ventured in cotton milling in Georgia. However, the cotton mill
failed to survive the War of 1812. In 1814, William worked as an apprentice for
his uncle, Mr. Blanchard, a silversmith and watchmaker. This was William’s
first encounter with watch and silverware. William went to Petersburg, Virginia
in 1821 to perfect his profession.
When William completed his
training, he established his jewelry business in Columbia, South Carolina.
William became very successful in Columbia. In the 1830s, he travelled to many
places in the US. In 1838, he began investing his fortunes and acquired
interest in what eventually became Hayden, Gregg and Company, a jewelry and
silversmith company.
William became interested
in cotton milling. He acquired stakes in the cotton mill Vaucluse Manufacturing
Company. Vaucluse taught William valuable lessons in the cotton business: one,
how cotton manufacturing should not be done; and two, that cotton manufacturing
should involve Georgia and the two Carolinas.
William went as far as New
England to conduct inspections in the textile districts. These trips and his
Vaucluse experiences prompted William to write essays which eventually became
known as Essays on Domestic Industry.
Despite the fact that
corporations were unpopular in those days, William and other Charleston natives
sought for the incorporation of the Graniteville Manufacturing Company. In
1945, a state legislature ratified the charter of Graniteville. The
locals helped build the mill. Its operations employed local farmers. The poor
received wages similar to the rates in the Northern mills. William gave decent
housing to his employees and provided them with medical care benefits at a low
cost. He also built a small library and a community church.
Because of his invaluable
contribution to South Carolina, he was elected to the state House of
Representatives in 1856.
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