The weekly Ottumwa courier. [volume] (Ottumwa, Iowa) 1857-1872, 1869-10-14
Manufacturing,

from Tue Sss'"o@,sgtoa Pdatagrdtl"
ct the proceedings OF meeting held
IA the city of Bloomington. Ill. for
The promotion Of their manuiactur-
'nS Interests. We ought to have
such meeting III our city, and OBJ
tain some practical manufacturers
from abroad to make speeches to our
people upon this subject. 1t would
hot only benefit our people to hear
trom those men bus at the same time
We could by actual observation show
those manufacturers, mon who inyes,
their capital in this direction, what
grand advantages we possess for in
Hestmen,s of this kind. While we
possess advantages that we can say
are superior to those Of other places
IN the state, as we verify believe
Still if we do nothing to develop it,
all our advantages may be of no
avail,
'Seneral Gridley said that he co.
'nuided with DR.. Roe in. his views
about the life Of cities, and the caus-
ss and necessities Of their growth.
This city owes very much of it's
prosperity to the tact that the ma.
chine shops are located here, and as
manufacturing establishment, they
have to great extent made Bloom.
'nSton rich hourishing city.
Tie continued by describing the
railroad prospects OF our city; that
we are and must be a railroad CITY.
that We have coal, that we have wa.
tor for factories, that we have the
location, and must have the manu-
features.
Let us have agricultural implement
factories, wooden factories and others,
and stop paying tribute TO other cit.
les and states for their produc-
tons. lie said he would 60 as far as
he who went farthest in the good
work of promoting the general well
tarc, securing the trade for our city
and putting money in our pockets
We must organize joint stock compa-
Mes under the general law. Every
responsible man can take from one to
tive shares of 500 each, the mer-
chants can take some, and the mill.
ionaires of the city ought to take
largely OF this stock,
We must commence now for these
developments of productive indus
try. Capital sustains labor, and Ia.
Dor aids capital. As DR.. Roe has
said, there is no antagonism between
capital and labor. See our coal
mines they are worth more to ps
than gold mines. We give but q
very imperfect report of his re-
marks.
DIR. L. +. Worrell said he was YER,
glad when he saw that the people had
called this meeting, as it was the
matter of greatest Importance to thu
city. He would, however, make ne
speech, but read some statistics which
we give below.
Statistics OF manufacturing in Can
ton, O.: Il, Ball Manufacturer. Co,
established 1866; capital, $500, 900
'sividcnd first year, Is per cent; sec
ond year, 33t per cent. Makes reap
cr., mowers and thrcshers.
{. Aultman 4 Co., established 1862
In last three years the dividend have
been 40, 10 and SO per cent.
There are made $1,I9O,OOO worth
OF reapers and mowers, and $50, OOJ
worth of threshcrs annually.
Canton also has paper factory. a
malleable iron works, bridge fac
tory, hinge factory, wooden fac
tory, variety factory, a stove foun.
dry, and steel spring and cutlery
works.
Bloomington buys 100000 worth
OF reapers and NOW crs; $50. 900 worth
Of threshers; $500, 900 worth of stoves:
$4,000 worth Of corn planters; $35,.
coo worth of cultivators; $4,000
worth of horse -rakes, and much 9th.
cr machinery.
lie alluded to the coal at hand, to
the pure water to be had al no cost
aud Of which 1900 barrels daily arc
now wasted--enough to support &C
large steam establishments. HI
stated that Col. Ball, Of Canton, Ohio
the original inventor Of two. wheeled
moving and reaping machines, pur
poses TO come here at once, if til,
people here form the stock company
spoken Of by Mr.. Gridley. Blu,
bloomington must start on her owr
'oundation-raise her own money