Daily union and American. [volume] (Nashville, Tenn.) 1865-1866, 1866-02-06
A coon ENrEnrRrsE.

We print this morning bill pending ia
our Legislature TO charter the "Novelt,
Works Company" The incorporators in
clude many of the leading business men o
this city, who viii scarcely permit the enter
prise to fail.
1t is the purpose Of the promoter of this
scheme to erect large and substantial build
ings adapted to the use of manufacturer.
and mechanics-to supply and maintain in
them ample motive power to propeI as much
machinery as the buildings will accommo.
date-and to provide shines of main shaft.
ing" running the full length Of each story
from which each occupant can take off as
much power as he may require. The
buildings will be supplied with water
and gas, and heated with steam. The
space desired as well as the power" needed
viii be rented 50 those who may need them
at fair prices. The Company will also pro-
vide watchmen for the entire establishment.
Ii is believed that the greatly less expense Of
building shops for each separate enterprise
and supplying them with power-the en-
ployment Of one engiBeer-the reduction in
the cost of fuel-and the carrying on of a
very large business at one streke and at the
same time dividing il among number of
shops, will enable the Company, after the
payment Of quite liberal dividend on stock.
to furnish the needed room, power, &C., to
the smaller class Of manufacturers for an
amount not more than one half it would cost
thom IL each had to erect and maintain sepa-
rate Embellishments for conducting their opera
tons.
1t strikes us that this is most admirable
plan to promote manufactures in our midst.
Any manufacturer or mechanic having ma
chinery or tools to carry on his business,
can be thus cheaply and readily supplied
with house room and motive power. He
will not be called upon for security-.hough
he be a stranger-for his rents, for the put
ting up of his machinery win be a good
guarantee. The expense of building houses,
erecting engines, or the difficulty of renting
these and giving security, are among the great
est difficulties the beginner meets with, and
often prevents energetic and industrious
young men from becoming master mechanics
or manufacturers. Many of this class are
thus forced to be operatives or journeymen
all their lives
In view of the fact that there is now
large amount of superior machinery lately
in use by the Government, which is being
sold, and with the further fact thatthere are
now here large number of superior me-
chanics, lately employedby the Governments,
United States and Confederate, already, or
soon to be, without employment, it would
seem that but little is lacking to inaugurate
the enterprise contemplated by the " Novelty
Works Company" and to make itnot only
success in itself, but the entering wedge"
to system of manufacturing in Nashville
that would grow and expand to the largest
extent
We trust that the bill will speedily pass
The Legislature, with an allowable capital of
1t least million or more of dollars. We
would suggest also that similar institutions
should be chartered in connection with it,
ior such counties and towns of the State as
ire favorably situated for such purpose
We look upon it as the ground work of
'ystem of manufacturing enterprise, which |
will do more to secure the growth and pros
perity and the commercial independence of
Tennessee, than any other plan or scheme |
which has been suggested.