The Kenosha telegraph. [volume] (Kenosha, Wis.) 1860-1888, 1866-03-08
.hall we Have a wooden Facto-

7aonFd De- raised 90 $4,000; aud it was hppe'
mat $4,000 OF that amount would be sub> crtbec
oy farmers of the county Write the balance Of
$35, 900 should be su Inscribed in the city. There
was over $50, geo subscribed in the city and i
would have been raised TO $4,000 in lev
fhours, had there been any prospect of raisin!
the SIS, 900 of the farmers. But there nt
= such prospect. Not hundred dollars could b,
raised outside of the city. We think the fam
ers of Kenosha stand in their own light in thi
matter. & -s-ee q Sd. - ....-.-- .
Our farmers have on deposit in the First Ma
tional Bank of this city between 500, 600 anC
100000, and if it should lay there until dooms
day, it would not add one cent TO the value o
property i'll the county or city, add one
cent to the relative value of any article of hus
baNdry-grsln, Wool, Stock, Butter, Cheese, &c
! produced in the county. On the other hanc
if 25 per cenT. of that amount was added to the
$35, oO0 raised in the city, and put into frs
class Wooden Factory, the actual marketable
value of the property real and personal, of the
county, would be at least 100000 greater har
Il is now. With the small amount of territory
in the county, there is hardly acre Of lano il
/
al institution. Sucn factory when in tut
operation would directly and indirectly add al
| east thousands 10 The Consumers OF The perisha
bic products OF farm and garden. And itS oulC
save to the producers OF wool in Kenosba Co
at east the cost of transportation to eas ern fac
| tories, and give them in return. all the cloths
they want to wear, at the eastern factory price
to wholesale dealers aud jobbers, saving tho cos
of transportation and the profits of wholesale
and retail dealers. Thus, the farmers ct our
county, so far from being a mere disinteresteo
spectators or lockers on, in this matter, az
really as much to be benefited, aud Should be
as much Interested in The establishment Of a
wooden factory, as we in the city can be
In Racine wooden factory has already been
put in operation and is already paying far per
centage on the investment Many of our farm
ers argue that they can take their wool to Ra-
cine and thus make as much as t. bring il 10
henosha. That if a mistake. OF course they
can go to Racine with their wool or their pro-
duce and help to build up Racine at their own
expense. Every load of WOOL grain or othe
product they take to Racine, and every bill of
goods or yard OF cloth they buy there, adds to the
value OF Racine farms and Racine property, aud
detraets just as much from the value of their
own farms and property. This is one OF the inn
Innutable laws Of political economy. Real estate
is always worth two three or four times AZ much
in the immediate vcpty'of active manuiactur,
| lhg towns and villages, as it il, more remote
from such manufacturing localities And the
rea on that laud is bigber,is because everything
that land viii produce is So much higher.
We say TO The subscribers to the capital stock
of the Kenosh Wooden Factory, il is far better
for you to double your subscriptions than to lei
the enterprise tail. With a wooden factory al,
Racine and another at Waukegan, we cannot
well affordto bewnhout one. rhe ocds would
be too strong against us. But sull we can stand
just al well as the taj mers 'robahly a ma
jority OF the inhabitants OF this city are labor
ers-mechanics, artizans and day laborers. We
doubt If majority OF them are treeho!ders
Many OF them are only bound to Keuosha by
the labor they find here To change their dom
icil they have only to pull up stakes and 90 TO
more enterprising place, where there viii be
greater demand and therefore, better compeu-
satlon for their labor. When that policy is ad-
opted, our tarme rs may calculate their acres at
$l5, and $50, instead of $35 and $40
Thus far we have spoken of The factory and its
capital stock as a donation, or tax for the
general good; but there is far more huoeful
stand point from which to view it,
There is no reason TO doubt but that as ali m
vesment alone, without reference to the benef-
cent influence 1t is to have upon the prosperity
andprogress of both city-and county, y fl is one
OF the most ldicious, safest and best paving H.
veslments that can be made. Wooden mills
throughout the eastern States, during the year
1865, paid AZ least IS per cent, on the capital
invested, and in mauy cases twice that The
average of all the factories in this State was
over 40 per cent. on their capital stock. There
Is every reason to believe that this stock will be
worth a p emium just as -oon as The factory is
III successful opera iol. We know how difficult
1t Is Tor careful and cautious farmers to invest
their funds IN new and 10 them untried chan
hel. Ana IL Is hardy Iess difficult tor business
men aud capitalists in the city They don't hes
nate to Invest IN per cent. mortgages or real
estate, ana they can be induced 10 invest in
Colorado or Idaho Gold niue stock, Cotton
Plantation stock, Oil stock, &c, to q moderate
extent aud yet not one of those Investments ie
SO safe or so certa of return as would be d
wooden factory in Keno sha. 2H
. W. certainly hope this enterprise will not he
allowed TO go down after having 80 fair a start.
= ..asas5 s. s.fa