Great Fortunes: Charles Goodyear Part 2
This substance, variously known as cachuchu, caoutchouc, gum elastic, and India-rubber, was first introduced into Europe in 1730, where it was regarded merely as a curiosity, useful for erasing pencil marks, but valueless for any practical use. Ships from South America brought it over as ballast, but it was not until ninety years after its first appearance in Europe that any effort was made to utilize it. About the year 1820 it began to be used in France in the manufacture of suspenders and garters, India-rubber threads being mixed with the materials used in weaving those articles. It was also used in blacking and varnish, and some years later, Mackintosh brought it into prominent notice by using it in his famous water-proof coats, which were made by spreading a layer of the gum between two pieces of cloth. The gum was thus protected from the air, and preserved from injury.
Up to this time, it was almost an unknown article in the United States, but in 1820 a pair of India-rubber shoes were exhibited in Boston. Even then they were regarded as merely a curiosity, and were covered with gilt foil to hide their natural ugliness. In 1823, a merchant, engaged in the South American trade, imported five hundred pairs from the Para district. He had no difficulty in disposing of them; and so great was the favor with which they were received, that in a few years the annual importation of India-rubber shoes amounted to five hundred thousand pairs. It had become a matter of fashion to wear these shoes, and no person’s toilet was complete in wet weather unless the feet were incased in them; yet they were terribly rough and clumsy. They had scarcely any shape to them, and were not to be depended on in winter or summer. In the cold season they froze so hard that they could be used only after being thawed by the fire, and in summer they could be preserved only by keeping them on ice; and if, during the thawing process, they were placed too near the fire, there was danger that they would melt into a shapeless and useless mass. They cost from three to five dollars per pair, which was very high for an article so perishable in its nature.
The great popularity of India-rubber induced Mr. E.M. Chaflee, of Boston, the foreman of a patent leather factory in that city, to attempt to apply the new substance to some of the uses to which patent leather was then put. His hope was that, by spreading the liquid gum upon cloth, he could produce an article which, while possessing the durability and flexibility of patent leather, would also be water-proof. His experiments extended over a period of several months, during which time he kept his plan a secret. He dissolved a pound of the gum in three quarts of spirits of turpentine, and added to the mixture enough lamp-black to produce a bright black color, and was so well satisfied with his compound, that he felt sure that the only thing necessary to his entire success was a machine for spreading it properly on the cloth. Like a true son of New England, he soon overcame this difficulty by inventing the desired machine. His compound was spread on the cloth, and dried in the sun, producing a hard, smooth surface, and one sufficiently flexible to be twisted into any shape without cracking. Mr. Chaffee was now sure that he had mastered the difficulty. Taking a few capitalists into his confidence, he succeeded so well in convincing them of the excellence of his invention, that in February, 1833, a company, called the “Roxbury India-rubber Company,” was organized, with a capital of thirty thousand dollars. In three years this sum was increased to four hundred thousand dollars. The new company manufactured India-rubber cloth according to Mr. Chaffee’s process, and from it made wagon-covers, piano-covers, caps, coats, and a few other articles, and, in a little while, added to their list of products shoes without fiber. They had no difficulty in disposing of their stock. Every body had taken the “India-rubber fever,” as the excitement caused by Mr. Chaffee’s discovery was called; and so high were the hopes of the public raised by it, that buyers were found in abundance whenever the bonds of the numerous India-rubber companies were offered for sale. The extraordinary success of the Roxbury Company led to the establishment of similar enterprises at Boston, Framingham, Salem, Lynn, Chelsea, Troy, and Staten Island. The Roxbury Company could not supply the demand for its articles, and the others appeared to have as much business as they could attend to. Apparently, they were all on the high road to wealth.
