The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1863-06-22
place in which men shall be willing to spend

place In which men shall be willing TO spend
their days and rear and educate their children
as well as to congregate for mere pur-
poses Of money-getting. For example : the
Company has been liberal towards all de-
nominations in grants of land for church pur-
poses 1t has been muniicent towards the ed
ucational interests of the place; it has presen-
ted to the city beautiful spot for a park,
which is now being graded, fenced and planted
with trees. It has also been liberal in provd-
ing for public slibrary-a liberality in which
the other leading corporations of the place
have largely participated. The Company has
now of unsold lands about 900 acres, which
they lease or sell in lots of suitable size for
business purposes or for the location Of dwell
lings, but they now make condition that all
lots shall be improved by the erection of sub
stantial buildings, creditable to the city. The
present season livery expensive and perma-
nent stone dam is being constructed across
the river, partially above and partially below
the railroad brdge-the material being mostly
huge blocks of granite which are laid in ce-
ment; it is intended to be water tight, and
10 DC as pei d. LuC CeCAHdA AOSho up
on which it rests.
KEYEs' EDGE-TooL COMPANY.
The Franklin Company have made a most
munifcent proposition to secure at that place
the location of Keyes' Edge-Tool Company
a company which has been chartered by the
legislature, and which will engage in the
manufacture not only of scythes, axes and
edge tools, but will also manufacture the va
rious implements of husbandry and mechanical
labor. The Franklin Company have agreed
to convey to the Edge-Tool Company
beautifully located tract Of about five
acres, lying between the river and the An
droscoggin railroad, sufficiently extensive for
all the operations Of the company and the
erection of suitable boarding houses, and
they have further agreed to furnish the re-
CURED water power for the new company at a
rate far below the charges to the factory cor
porations. They know that the establishment
of such works as the Edge-Tool Company
proposes, to give employment to several hun
dred men-many of them first class mechanics
will make permanent addition to the city
population, create demand for building lots,
and thus indirectly promote the interests Of
those whose munifcence is shown in the lib
eral conveyance they propose to make. 1t is
to be hoped that the enterprise may not fail
through lack of subscriptions for the neediul
stock. The demand for edge tools and agri-
cultural and mechanical implements is very
large, and is constantly upon the increase. An
establishment such as is proposed at Lewiston.
If well conduted, can scarcely fail of success,
Mr.. CALVIN KEYes, who is the chief spirit
in getting up this enterprise, is a practical
man and will leave no stone unturned to make
the undertaking successful. He has had long
experience in mechanical operations, and pos
sesses more of the elements of the real ''liye
Yankee" than any man we have conversed with
for a long time. Fifty thousand dollars is the
amount Of capital required. About half of
this sum is already subscribed. Liberal offers
have been made in Boston to take stock, but
this would render it almost a necessity that
the general depot for the sale of the articles
turned out should be in that city. Mr.. Reyes
and others are anxious to have this emphatic
ally Maine enterprise, and to make this city
the general depot for the manufactured wares.
But to secure this advantage to our city some
thing is wanting to indicate an interest on the
part of our people in the success Of the enter
prise. Mr.. Reyes thereforeis anxious to get
about $4,000 Of stock taken up here. One
gentleman has already taken one tenth of this
sum. We trust that business men ard capi-
talists win look into this matter, and lift APP
pears proper and feasible not allow the gen.
eral agency of so important concern to 60
out of the State If it can be secured here by
SO trifing an investment.