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Essay heading: Robert Owen
 
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Issue: Biographies
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Date added: April 13, 2008
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No of pages / words: 7 / 1718
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Drinkwater had intended Owen to become a partner in his new business by 1795, but a projected marriage alliance between Drinkwater's daughter and Oldknow caused the cancellation of the agreement with Owen. Hurt and unwilling to remain a mere manager, Owen left Piccadilly Mill in 1795. Owen was approached by Samuel Marsland who intended to develop the Chorlton estate in Manchester, but instead he found partners in two young and inexperienced businessmen, Jonathan Scarth and Richard Moulson, who undertook to erect cotton mills on land bought from Marsland, and the three partners were assisted by Marsland...
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In 1796, the financial basis of the company was broadened with the inclusion of Thomas Atkinson, thus constituting the Chorlton Twist Company, which in 1799 negotiated the purchase of David Dale's New Lanark mills. The industrial community at New Lanark had been planned by Richard Arkwright and David Dale in 1783, to take advantage of the water power of the Falls of Clyde deep in the river valley below the burgh of Lanark, twenty-four miles upstream from of Glasgow...
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