By Tim Richards
In 1844 a better [tide mill] was erected upon the site….
from History of Plymouth County, Massachusetts.
Compiled by Simeon D. Hamilton Hurd, 1884.
Development of the Truro Tide Mill before 1790 created a high-value business for the town and owners. Fifty years later, Truro was booming. Driven by increased cod and mackerel catches, the town’s population leapt from 1,547 in 1830 to 2,051 by 1850. More mouths to feed meant more demand for flour. It was not assured, however, that the aging tide mill could retain its share of that business.
In 1840, Truro supported the tide mill and three windmills. Recently-built windmills incorporated longer, more efficient blades, increasing their grinding capacity over a wider range of wind conditions. This competition may have pressured the tide mill proprietors to increase their mill’s horsepower and operating hours.
At the same time, important Truro Tide Mill proprietors likely faced a separate financial challenge. In April 1841 Anthony Snow Collins mortgaged his home and other property to the newly-established Truro Fire and Marine Insurance Company for $250. At least seven other tide mill owners mortgaged their houses with the same company at this time. These mortgages appear to have represented their investment in the company.
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