[Congressional Record Volume 165, Number 144 (Tuesday, September 10, 2019)]
[Senate]
[Page S5390]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
200TH ANNIVERSARY OF F.O. BAILEY
Ms. COLLINS. Madam Speaker, in 1819, young Henry Bailey opened a
general store on Ingraham's Wharf in Portland, ME, and began auctioning
salvaged goods. Two hundred years later, the F.O. Bailey Company is
still going strong, and I am delighted to congratulate this outstanding
Maine business on its bicentennial anniversary.
The company was purchased in 2014 by the husband and wife team of
real-estate broker David Jones and antiques professional Nancy McInnis-
Jones, who continue the two-century tradition of integrity, expertise,
and experience.
Founded 1 year before Maine achieved statehood, F.O. Bailey
exemplifies the traditions of entrepreneurship, innovation, and hard
work that define our State. In 1827, the Bailey Company diversified by
manufacturing rolltop desks and display cabinets and moved to a larger
facility on Exchange Street. Despite national and local economic ups
and downs and the disruption of the Civil War, the auctioneering
business was a solid foundation for growth.
In 1866, the booming city of Portland was devastated by the Great
Fire, the worst urban fire in America to that date. Among the many
impressive buildings destroyed by that catastrophe was the Bailey
store.
Henry Bailey died the following year, and the company was carried on
by his son, Frederick Orville Bailey. As Portland rose from the ashes
with a new downtown of brick, stone, and cast iron, F.O. Bailey led the
family business into a new era of growth.
Today, under the leadership of David and Nancy, F.O. Bailey's real
estate and antiques and auction divisions provide 38 good jobs. It is
significant that, in addition to antiques, the company promotes
contemporary Maine art and quality handcrafted furniture.
The F.O. Bailey Company was founded when Maine was just coming into
its own. The optimism and confidence of that time continue today, and I
wish this remarkable company great success in the years to come.
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