[History of the American Clock Business for the Past Sixty Years, by Chauncey Jerome]@TWC D-Link book
History of the American Clock Business for the Past Sixty Years,

CHAPTER IX
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He is said to be miserly in feeling, and is quite rich; not very enterprising, but has made a great deal of money by availing himself of the improvements of others.
The next one in the business to whom I shall allude is E.N.Welch, of Bristol, Connecticut.

He is about fifty years of age, and has been in many kinds of business.

He was deeply interested in the failure of J.C.
Brown a few years ago, and succeeded him in the clock business.

He is a leading man in the Baptist church, and has a great tact for making money; but he says that all he wants of money is to do good with it.

He is a Democrat in politics, and never wants an office from his party.
These five companies which I have named, make nearly all of the clocks manufactured in Connecticut; though movements are made by three other companies.


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