In March of 1924 the Hawthorne Woolen Mill had to close after many years in Carleton Place, and the prospects of it re-opening seemed bleak. The company was in liquidation, and Mr. Richard Thompson, the chief owner, pointed out that the assets of the company were some $425,000 more than the liabilities. Thompson said with the tariff conditions it was impossible to run a woolen mill in Canada. The manufacture of cloth would now stand idle in most mills. The closing of the mill was sad for him, as the 200 persons that worked there were responsible for their homes and families in Carleton Place, and had been devoted to the company. There was little or no other work for these people in town, and he had deep sympathy for them. Mr. Thompson explained that it was possible for other mills in Carleton Place to also be affected soon. The…
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