The Peace Dale
Manufacturing Company was a woolen
mill built on the
in Peace Dale,
Rhode Island. It was the centerpiece of the Hazard Family
fortunes from 1802 to 1918.
The family also owned several other mills, including the
named for Roland G. Hazards wife,
Roland Hazard, Sr.
bought a half interest in the mill in
and in 1805
acquired a carding machine.
The business was originally called the
Narragansett Cotton Manufacturing Company.
Roland's oldest son Isaac
1843 Isaac P. Hazard Letter & Bio)
entered the business and in
the company acquired one of the very first
ever to be operated in the United States.
Roland retired and turned over the
operation of the mill to Isaac and
Rowland Gibson Hazard,
1840 Roland G. Hazard Letter & Bio)
who originally operated the firm as
I. P. & R. G.
After Joseph Peace Hazard,
1823 Joseph P. Hazard letter & Bio)
joined the firm in
the company became R. G.
Hazard & Co.
family business was incorporated as the
Peace Dale Manufacturing Company
acting as president
acting as secretary/treasurer.
With the loss of the "Course
Cloth" markets in the south
after the Civil War
and several fires
to the mill buildings; the company ventured into new territory.
They constructed a new
weaving building in
and began the production of
Roland Hazard II
assumed the reigns of the company in
but by the turn of the century; the company's business had begun
to decline. There was a brief resurgence of the company's
fortunes as demand increased during
World War I,
however this was short-lived. After
died in 1918,
the company was sold to M. T.
Stevens & Sons Co. who
the mill in 1947
it to a Rockingham, North Carolina company in