Knoxville daily chronicle. [volume] (Knoxville, Tenn.) 1870-1882, 1871-01-19
NEW FEATURE OF IMMIGRATION.
The Warm Springs Colony and fits obIect.

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The Warm Springs Colony and fts objects.
We made reference some days ago to the sale
of the celebrated Warm Springs of North Caro-
lima to colony of Northern men, who were
about to improve it., and in connection there
with largely manufacture wooden and tin ware.
Wehave just seen copy ofthe Colonist, apaper
published in the interest ofthe Jew Company,
which gives very fully its organization and plan
of operations.
The style of the Company is " The Western
North Carolina Cooperative Manufacturing
and Agricultural Association. 1t has capital
of $4,000 divided into shares of $40 each
It's officers are a President, Vice President
Treasurer, Secretary, three Trustees, twelve Di-
rectors and three Auditors. Quite fornida-
BILE organization, but perhaps none too much for
tho work undertaken. The colony has pur-
chased the Warm Springs tract and another ad-
joining-in ALL over 500 acres. In addition to
this a tract of 1000 acres is under contract for
! purchase.
The plan of the colony is cooperative. Each
member pays $11o The ten dollars entities
him to building lot in the village which is to
/ be laid out near the present hotel, His title to
this let is given him in fee simple. His 500 en-
titles him to a share in all the property owned
by the colony and to an interest in all the profits
arising from the lease of the hotel, the manufae-
turs of shoe-pegs, shoe-lasts furniture, wooden
ware, of all kinds, cheese and butter, raising of
stock and farm products, sales of cooperative
store appreciation of colony property and all
other returns from labor and barter. If addi-
tional capital is required, each member ad-
vances as he is able, and shares pro rata. No
member can have over FIVE shares, and can be
entitled to but one vote. The proposition is to
remove to Warm Springs at once-some OF them
are now there-spend the time from now until
March in repairing the hotel and prepare it for
the coming season. Bathing-houses are to be
erected and cool water from the mountains
brought down so that baths of any temperature
from 1902 to 45e can be given to invalids. AS
soon as necessary repairs can be made houses
in the village are to be built for the colonists.
To enable poorer members to build such sums
as may be needed to build cheap, comfortable
houses will be advanced by the colony. Tools
and machinery are to be bought and shops
built 1895 EeEs
The colonists are principally from the Eastern
States, and good men. They embrace mechan-
les of every kind, day sborers, teachers, preach
ers, farmers, and men Of means. They are
honestly and ably efieered, and We have no
doubt will succeed. They have given good
proof Of their earne.tnoss and ability to do all
they propose. They expect within the next
three months TO bring 20 the colony about two
hundred families. it i
The plan is not Il new one, Some of the men
directing this have aided in others. Last April |
a colony of this kind went into the wilds of
Colorado. There was at that time not single
building or fence near the location Now it is |
the thriving town of Greeley. There are thirty |
stores, shops and lumber yards in number. |
They have bank of large capital. They have
newspaper, The Greeley TribuIte. Since last
May the receipts for freight at Greeley have
been $4,000 Over u million feet of lumber |
have been sold: They have now already town |
hall, churches, sohool-houses, bands, lyceums, |
&c Nearly all of the /, 100 lots of the town are
already sold. The same progressive spirit per- |
vades the new colony at Warm Springs. We
certainly wish every member success and the |
project all the encouragement it deserves. We
welcome them one and all TO this section, and
know that from all cur people they will receive
cordial greeting and many we'll wishes.
Their coming is very important!to Knoxville,
as for tbs present this will be their nearest and
best trading point The colony has an Office at
No. 2lf Bowery, \. Y. Mr. Dwight S. Elliott
is President, and c. W. c. Dreher, Secretary.
The President is now at Warm Springs. Pos
session was given them on the 10th inst. The
first work of the colony will be 70 add second
story, with Mansard roof, to the one-storied 100
foot building at the Springs, and enlarge the
of the hotel to 800 guests.
The colony is in situation to attract guests
from the North, and we dare say will do So
All in all, we think the project of great encour-
agement to the future OF that section Of East
Tennessee lying Immediately contiguous to
the Springs.