5/13 But such is life. This clock was invented by Joseph Ives, a brother of Chauncey, and sold for about twenty dollars. The manufacture of these was carried on very successfully for a few years by them, but in 1836, their business was closed up, they having made about one hundred thousand dollars. Soon after this, in 1837, came the great panic and break down of business which extended all over the country. Clock makers and almost every one else stopped business. |