96:. By 1838 his firm operated 130 vessels in the timber trade – making it the largest British shipowning firm – and employed no fewer than 15,000 men in its sawmills, on its wharves, and in the forests; it owned as well 2,000 horses and oxen for draught purposes. In the early 1830s the firm shipped out annually over 300 cargoes of timber. In order to employ its large fleet fully in the winter months, branch houses were opened in
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By 1830 Rankin was Saint John's leading shipowner and timber merchant. Rankin had added there to his lumbering concerns the building of ships and the importing of textiles, foodstuffs, and building supplies on a large scale – reputedly for more than half of the numerous merchants in the town.
134:, in August 1869, was a crushing blow to Rankin, who had already lost four of his seven children through childhood illnesses. In 1865 he had established his son James as a country gentleman, buying for him two large estates in
104:, where the company entered the rapidly expanding and very profitable cotton trade. Rankin's prestige in Liverpool can be judged by his election in January 1862 as chairman of the
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According to his biographer David S. MacMillan, Rankin contributed greatly to the amazing growth of the shipbuilding and timber trades in 19th century
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A history of our firm: being some account of the firm of Pollok, Gilmour and Co. and its offshoots and connections, 1804-1920
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In his later years Rankin’s public benefactions were numerous. He funded mechanics’ institutes,
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timber merchant and shipowner. His uncles, John Pollok and Arthur Pollok, were co-founders of
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Early in 1869 his health began to fail. The death of his daughter, drowned in
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Scottish emigrants to pre-Confederation New
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