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The Falls and
Hudson Hard Hit
AKRON & SUMMIT COUNTY
Karl H. Grismer,
Summit County Historical Society,
Akron, Ohio c. 1950 Chapter 5 p 159-160
Akron was not the only community in Summit County which
suffered during the
1850s. Cuyahoga Falls and Hudson also declined.
Historians who wrote during the 1880s and 1890s insisted that
the Falls was
seriously affected because Henry Newberry sold valuable
water power rights to Dr. Crosby for the
Chuckery project and also because
the P. & 0. Canal took water out of the Cuyahoga River.
Actually, the Falls was hurt by the same
things that hurt Akron: lack of
trunk railroads, dependence on water power in a day when steam
power competition was becoming intense,
and, above all, by the hard times which prevailed generally
throughout the country.
Hudson suffered a grievous blow as a result of the collapse of railroad
building schemes in which its people had invested heavily.
Because it had
boomed with the building of the Cleveland & Pittsburgh
Railroad, Hudson fondly believed that if more railroads would
be built, more miracles would come to
pass. So they invested heavily in
a proposed Clinton Air Line Railroad, from Hudson east to the
Pennsylvania line; in a proposed Clinton
Line Extension, from Hudson west to
Tiffin, and in the Hudson & Painesville Railroad, an extension of the
Akron Branch.
All these railroad
ventures crashed and the Hudson investors lost every dollar they had spent
for stock. The only thing that saved the
Hudsonites from complete disaster was that records of the Clinton Air
Line became conveniently "lost" after the
road went bankrupt and, as a
result, stockholders escaped being held liable for an amount equal
to their holdings, as then was required by
law. Had not this so-called loss
occurred, the entire business community would have been financially
ruined, old historians related.
Even as it was,
Hudson was sorely beaten—and never again did it
aspire to fame as a manufacturing or
business center. Instead, it gave
more attention to educational affairs and became noted throughout the
Middle West for its Western Reserve College.
The good old town of Middlebury was not too badly affected by
the disastrous 1850s. It couldn't be. It had been hurt almost as badly
as it could be hurt when Dr. Crosby's Cascade Mill Race put North
Akron on the map. The race did not cause grass to grow in Middlebury
streets and turn it into a goose pasture, as the doctor had predicted,
but it robbed the town of its once thriving industries. Years
passed before it
recovered from the shock. It never regained its former eminence.
By 1860, however, two industries were getting well started in
Middlebury which in
the years to come were destined to play a major
role in the development of this
locality—the clay products industry
and the match industry. We shall hear much more about them later.
During the 1850s Akron would have suffered more than it did
from the industrial decline had it not been for the fact that the town
was steadily
growing in importance as a shopping center.
It was during this period that Akron merchants first truly appreciated
how much the town had gained when it won the county seat
battle in 1842. With industrial payrolls dwindling, purchases made
by out-of-towners after coming in to go to county offices often meant
the difference for an Akron store between survival and bankruptcy.
This
business was not enormous but it was steady—and therefore highly
prized.
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