Samuel Smiles：Thrift, Excerpt 364

Some may inquire, "Who was Joseph Baxendale?" He was, in fact, Pickford and Co., the name of a firm known all over England, as well as throughout the Continent. Mr. Baxendale was the son of a physician at Lancaster. He received a good education, went into the cotton trade, and came up to London to represent the firm with which he was connected. A period of commercial pressure having occurred, he desired to leave the cotton trade and to enter upon some other business. Mr. Pickford had already begun the business of a Carrier, but he was hampered by want of money. Mr. Baxendale helped him with capital, and for a time remained a sleeping partner; but finding that the business made no progress, principally for want of management, he eventually determined to take the active part in working and managing the concern.

Source： https://www.gutenberg.org/ebooks/14418
Locator：Excerpt 364 · Verified：2026-10-19 · Verification：Short excerpt

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