The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1880-12-18
DALLAS BOARD OF TRADE.

among its members, the principal merchants
and business men of the city, and it can, as
the fountain head for the Inauguration Of
enterprises of public nature, do much, in
fact, do an iacslcuable amount of good for
the city. We hardly think it is saying too
much, to suggest that this Board Of Trade
can make or mar Dallas. 1t certainly can
accomplish q vast deal ia the direction of de-
veloping new industries opening up new
fields of trade and giving an impetus
to the growth and prosperity of
the city of q substantial character.
Who should study and discuss the needs of
our city and tho means Of supplying those
needs if it is not our business men, And
how can they do this better than in their in
tercnurse with each other at the Board of
Trade meetings! "What is overybody's
business is nobsdy's business" is a trite say
ing with lsmoLtable deal of force in it.
Without an organized head TO take nitiatory
steps, TO start the ball to rolling, our people
might talk on the streets and through the
press day after day and month after month
until these atoms oftime raA into years, about
what ought to be done ard what the conse-
quences would DO if it was not done, and
still no action would be taken, because
everybody would wait for some one else to
move first. With Board of Trade TO S.
sumo the responsibility Of acti on sugges-
tons calculated to enhance the city's welfare
and to mako a beginning, then there will be
somebody TO attend to "oyerybody's bust
ness" Now, Dallas needs cotton factory,
for instance. All tho facilities for the cmi-
nent success of such an enterprise are ;i.t'
here, and it requires but the slightest aGoa
on the part Of those who wish to help Dllr
and help themselves too, to avail themselves
of them. With the river that Dallas has,
flowing through it, New England town
would long ago have had its banks lined with
manufactures. The raw article grows ut our
very doors. All the building material reaui-
site for mandatory structures and for tho
homes of operatives is here. The climate is
mild and equable, so that fuel and clothing
for employees and their families would be
cheap items for them. Meat and breadstufis
are as abundant and living as low here as any
where in this entire country. A market for
cotton yarns and cotton fabrics of all
descriptions is all around US and we have the
railroad facilities for sending off the produc cts
of the spindles and the looms we could erect
in our midst. The capital is here to start at
once this industry, and those who might
take stock in it, would find, from the start,
that the enterprise in itself would DO a pay
ing investment, and that ii would help the
general trade. and increase the value eff
property. We have no doubt as to the pres
ence of the spare capital here, and we believe
that if our people were fully alive to the ina
portance of an industrial establishment,
such as cotton mill, that Il
100000 mandatory would be-
put in operation here at once. Here is work
for the Board of Trade. It's members, the
business men of this city, the men who make
traffic and trade.and commercial prosperity
!hsir daily study are gentlemen Of practical
sense, mature judgments, liberal views, and
entorprisng natures, and we are convinced
that &c Iboxy will oop,,as, th;c Ih;,,, o,,,rn,,
themselves and look at tho question in all IL
earnings, thst the Board of Trade can inside
of week, put in motion joint stock scheme
tnt viii eliminate directly in cotton mill
in l. Has that will give employment to sew
eral hundred men and women, and advance
the general prosperity of the city to an un-
told degree. This is but one of the features OF
usefulness peculiar to Board Of Trade, if il
Is II proper mission, and
imbued with any spirit Of enterprise. We
look at Chicago and st. Louis and wonder al
their activity and their prosperity. The So
cret of it lies in tho fact that their bushes:
men are wide awake, full of energy and will
and achieve greatness and wealth fer their
cities as well us their own individual pros
perity, by their enterprise and their liberality
If Chicago needs more water transportation
to tho east, her Board of Trade takes The
matter in hand at once, ard organizes com.
pany and establishes line ofgrain bsrIes or
propellers on the Lake. fist. Louis require,
more steamboats, or bsrges on her rivor route
to the sea, her Board of Trade gets joint
stock company and supplies the want. /
either of these cities needs new
railroad, their Board Of Trade see
to it that 1t is built, The liy,
men of these cities send ono dollar after
another, and if they haven't got the dollar il
cash they check on their credit which il
capital Aud another branch Of the score
is the unity of action. There is strength il
union. Two men acting together can liz
moro than ten acting separately, hence th
Value of joint stock companies, of the com
bination Of capital, money and credit. ThCs
are the responsibilities that rest upon the
Dallas Board of Trade, and to its wisdom,
its promptaess, and its action Dallas looks
in a great measure for her we'll being ant
development. There is another matter o
immediate importance to our city, tho so
luton of which, If it does not mainly depend