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Feature Article on Monarch Machine. Topic: INDUSTRY
& PEOPLE
Written by Rich Wallace in July,
1997
MONARCH MACHINE AND LOCAL COMMUNITY SHARED MUTUALLY
BENEFICIAL PARTNERSHIP |
Original
Monarch factory, built in 1909.
The recent announcements about the future of Monarch have
stirred much discussion about the company, its future, and the efforts of community
leaders to keep the core of Monarch business in this city. It appears that the final
chapter in the history of this once mighty enterprise is being written. Perhaps it is
appropriate to pause now and consider the Monarch story at this time. It is as fine an
example of a mutually beneficial relationship between a company and a community as there
is. Success stories such as Monarch do not happen by accident. Commitment to a common
purpose and sacrifice by all of the members of the 'Monarch family', as it was called for
many decades, made it all possible. This is the story of the Monarch men and women, and
what they were able to achieve.
The editor of the Sidney Journal thought enough of the story to give it front
page coverage. "A New Factory Is Secured 'for Our City By The Untiring Efforts Of
Our Leading Citizens," the headline in the June 25, 1909 edition read. Joining I. H. Thedieck, Sidney's leading
retailer, in establishing the enterprise were many of the major players in the Sidney
business community at the time: L. M. Studevant,
A. C. Getz, A. J. Hess, J. O. Amos, E. J. Griffis and W. H. Wagner. The leadership and
original idea came from Thedieck, however. As the Journal editor noted: "The
credit for this new factory belongs to Mr. Thedieck who has had numerous offers from other
cities but his desire to see Sidney grow larger and greater would not permit him to
consider a deal from outsiders, hence the locating it here."
Monarch was to truly be a product of the community. Thedieck arranged for a driver and
wagon to circle the courtsquare for the purpose of offering stock in the new venture to
residents of the town. Within a few weeks, all the stock had been subscribed, and the
company was ready to begin the challenges of an uncertain future.
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