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Economics

2012

Candage Collection

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The Bodwell Granite Company Store And The Community Of Vinalhaven, Maine, 1859-1919, Cynthia Burns Martin Jun 2012

The Bodwell Granite Company Store And The Community Of Vinalhaven, Maine, 1859-1919, Cynthia Burns Martin

Maine History

From the late 1850s to the late 1910s, Bodwelll Granite Company on Vinalhaven Island operated a Company Store from which employees could purchase a wide variety of consumer goods. In the early decades of its existence, the Company Store was generally popular with the company’s employees and the island community. Because of certain competitive advantages, and because the company was guaranteed a profit through federal contracts, the company store often had lower prices than its competitors. But by the late nineteenth century, the store’s prices were often higher than its competitors and the store became part of the growing rift …