Moses H. Cady came to Stowe from Randolph, Vt., in 1830, and commenced a mercantile business under the firm name of T. B. Downer & Co. This firm did a successful business for about two years, after which Mr. Cady continued the same alone two years, then formed a co-partnership with Elisha Cady, continuing this connection about three years. He then took Thomas Emerson, of Windsor, Vt., into partnership. Mr. Emerson was a banker, and supposed to. be wealthy , but after about three years some of his speculations proved disastrous and he retired from the firm. This disaster also injured Mr. Cady, but he recovered, and continued the business alone about four years, then sold out to Thomas Downer, son of his first partner. About two years after he repurchased the store and did a general mercantile business about two years, then sold the entire business to Bennett & Robinson. This closed his mercantile career. Soon after he became interested in the manufacture of carriages, which he carried on quite extensively, till 1874, when he retired from business, and is now seventy-eight years of age.
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