Rutland weekly herald. [volume] (Rutland, Vt.) 1859-1877, 1871-06-08


feeling of the people upon this subject. 1t
had been proposed to bond the town to the
amount of $150,000 or $500, 1000, but this
could not be done without special act
from the legislature. Mr.. Davis thought
a committee could be appointed to canvass
the town and see how much could be Sc
cured on the Grand List, and when the
legislature met an act could be passed
empowering the town to grant aid. Let
The people subscribe, it would raise the
price of real estate, which is rapidly de-
clining otherwise we must take the con-
sequences of this prostration of business.
The chairman called upon Henry Clark
to present his views upon the subject. In
reeponse Mr.. Clark remarked that not
being a business man he did not feel com
petent TO discuss the various measures
proposed for promoting manufactures. 1t
had been suggested that the town be
bonded to a considerable smouut fer this
purpose, but he thought it extremely i'm
grant the power for this object. 1t had
even been considered injudicious to grant
the power to towns to bond in aid of rail
roads, and there would be greater objec-
ton to this course for the purpose of aid
ing manufactures. Tt might result dis
astrously' ia consequence of the failure OF
the plans to establish remuaerative busi-
ness. 1t was best for us not to build upon
false hopes that might fail US in the end.
1t was very evident that something
must be done. BY the consolidation of
the railroads the business of the town had
become depressed. The town bad de-
pended too much upon the railroads, and
some prompt action must be taken to en-
courage other branches of business. The
speaker believed that the establishment OF
car manufaotory would be the best busi-
ness that could be pursued. There are
class of wealthy capitalists in our midst
that could undoubtedly be depended up
on to inaugurate this business, and then
every man could be called upon to con-
tribute aid according TO his means. There
is no doubt that united action backed with
money would ensure success. Each man
should cooperate in the movement &C
cording to his ability. The speaker trust
ed that committee would be appointed
to canvass the town and ascertain the
feelings of the people upon the subject.
G. H. Joyce, the chairman, being re-
quested to present his views, remarked
that he could not profess to any practica
acqsintauce with the plans proposed. d'
merely krew, what every other mar
knew, that we had got to point wher'
we must do something. Business is de
pressed, real estate declining, and me
ohanics are leaving the town for lack o
employment. Mr.. Joyce agreed with thu
previous speaker that it would be mex
pedient to bond the town. Even If tn
town should consent to this action, it wa
very doubtful whether the Legislature
would grant the necessary power. w
should not rely upon this plan. We d.
not want to build our expectations upoi
sand, and have the bottom drop out
There is already an act on the statutes
the State providing for the Incorporation
of associations. If there is interes
enough for the people to get together an
form an associ alton, some branch OF manu-
factures could be inaugurated.
The proposal to establish the mann fac
ture of railroad cara was good one. Her
was something tangible, that promise'
success In order to gain the cooperation
of the people it was necessary to hav
some definite plan. Let a committee b
appointed to draw up articles of asaoci
alton for the manufacture of cars, an
then go to the citizens and get them t
subscribe. Men would want to know
what WIS to be done, whether it was tn
intention to manufacture billiard-table
or railroad cars. Let the business me
of Rutland take hold of this matter, an
ia very short time business would b
humming in our midst. The speaker sal
that although he had no money to inves
in such a project, he would be willing
submit to assessment to aid any feasibl
plan. He should be sorry not to Sc
something done.
He felt that the people were awakenin
to the Importance of some action in tn
matter. The number thft bad been calle
out by The meeting showed the intere
felt. The depreciation of real esta
showed that something must be done.
was fer the interest of the owners of re
estate to take some action. Men mu
see it IN this light, and unitedly strive
stay the downward progress of buelne
. interests.
At this point, Henry Clark stated tn
an act of incorporation of the ''Naw Ed
land Car Manufactu, ing Company hi
+, been granted by the Legislature, but tn
O no organization had been effected und
. its provisions. He thought it probat
- that this charter might be made availat
: for the proposed association for car man
:, featuring. be also expressed his wlliln
ness to submit to an assessment in furtht
ance of any practicable plan for aiding
- building up manufactures.
. Luther Daniels, on being called upc
10 expressed his interest in the .sasleet''
: endearoring to revive business In I
town of Rutland. He had noticed tt
this same need was being felt IN etf
:. towns in New England. In Keene pub
action had been taken on the subject, a
n and an association for the manufacture
n. boots and shoes was formed, ane the ou
G. ness was now in successful operation, g
,e ing employment to large NUMBER OF P
es sons. The manufacture of glue had Q
,s. been successfully established.
Id J. B. Reynolds, in order to gain