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      FAIRBANKS FAMILY. The name of Fairbanks is indissolubly associated with St. Johnsbury, whose progress and prosperity has been largely built upon the great business enterprise of this family. A volume would fail to do justice to the wealth of historic and biographical incident connected with the inception and progress of that great enterprise, and the lives and public services of its founders and promoters. In 1815 Joseph Fairbanks and his family moved here from Brimfield, Massachusetts. He united the occupations of a farmer and a carpenter, and when he moved to Vermont he also built and conducted the sawmill, soon adding a gristmill, which were located where Fairbanks village now stands. His son, Thaddeus, a skilful mechanic and natural inventor, was his efficient assistant in these enterprises. In 1823 he started a small iron foundry, and joined the following year by his brother, Erastus, they commenced the manufacture of stoves and plows of cast iron. 1829-'30 the raising of hemp became a leading industry, and E. & T. Fairbanks built three of the great machines for dressing hemp, their works being then located near the site of the hoe factory. It became necessary to provide for accurately weighing the hemp straw. The only scales in use were the even balance and the Roman steelyard, not improved since the days of the Caesars.

      The only device for weighing carts was a lever, a stick of timber suspended high up from a gallows frame, from the short arm of which chains hung that could be hooked around the cart axle, and from the long arm a platform on which weights could be placed. Mr. Fairbanks' first arrangement was to place an A shaped lever in a suitable pit, and upon it balance on knife edges a free platform, level with the ground. To keep this platform from rocking on its support, he framed into it a vertical post, well braced and from the top of this attached level chains to fixed posts from either side. This scale was accurate, but clumsy.

      This great invention was constantly improved, and the magnitude of the operations of the scale company expanded to meet the growing demand for an article of prime necessity. Forty-four carloads of the products of the manufactory have been shipped in a single week. There has never been a strike in the seventy years' existence of the Fairbanks company, and the enterprise exemplifies an almost ideal industrial situation, with mutual and cordial cooperation of capital and labor. 

      We shall find even a brief reference to the personalities of the noble and public-spirited men who laid the foundations and raised the super-structure of the prosperity of St. Johnsbury, full of interest and inspiration. The original firm consisted of the three brothers, Erastus, Thaddeus, and Joseph. The latter was the lawyer and literary man, Thaddeus was the fertile inventor, and Erastus the business man of the firm. 
 
 

Source:  Successful Vermonters, William H. Jeffrey, E. Burke, Vermont, The Historical Publishing Company, 1904, p.119-120. 

Prepared by Tom Dunn, 2006