Fort Worth daily gazette. (Fort Worth, Tex.) 1882-1891, 1885-05-25

Ulr' nancy IIOpOslLVu'
Reference was made by THE GA
zETTE yesterday to Mr.. Haney's propc-
sition to establish cotton factory In
this city conditioned upon a certain
sum contributed by our people as a
bonus to him. The sum has been
nearly raised, and THE GAZETTE
earnestly trusts TO see the balance sub
scribed to-day.
AS a brsiness man of honest pur-
pose, Mr.. Haney will not object to any
precautions dictated by prudence to
protect the subscriber, nor will he es-
TEEN 1t due to any reason save that OF
prudence born of experience.
On the other hand, there should be
no delay in making up the requisite
sum. The actual pecuniary bene-
fits Of manufacturing enter
prises are self-evident. The most
casual examination of the census re.
ports will show large populations fixed
in towns of no commercial Importance
whatever by the presence of such en-
terprises. The benefits are not only
directly to the retail interests of the
city in providing customers and to the
real estate owners by giving perma-
nency to realty values, but, indirectly,
to every citizen of the place. The re-
tail dry goods merchant, the grocer,
butcher, lumber dealer, carpenter,
doctor, dairyman, baker, ice-man, tin
ner, hardware merchant and millin-
cry store, the opera-house, the street
companies, the drug stores, and every
man who is to be benefited by an in
crease OF local consumers, has vital
direct pecuniary interest in securing
this cotton factory,
1t may be wondered why, il he pre-
fers to locate in Fort Worth, Mr..
Haney requires bonus. We take it
that Mr.. Haney did not leave home
for the purpose of locating in Fort
Worth, but in Texas; and, as much as
1t may surprise some of our good
and enthusiastic friends, Fort
Worth is not yet Texas.
The time may come, we believe it Is
coming, when Fort Worth will be the
largest city in Texas, but just now the
growth Of the place needs to be pro.
NOTED. Unfortunately for us, there
are some other towns in Texas that not
| only faninriao htak ~ n, l.,
enough to pay to get them. If Fort
Worth was the only place wherein Mr..
Haney could establish factory, we
might fold our hands and tell him we
would give nothing; but, az
much rs he may be impressed
with Fort Worth, he isn't sufficiently
impressed, seeing that other towns
have railroad facilities, to come here
without inducement when other
towns are offering him inducements.
The United States is compelled to
give Fort Worth postoflice, but it is
well known that enterprising citizens
in certain quarters of the city are
willing to give bonus to secure
the location of the Office be-
cause of the advantage to property
in such vicinity. This factory
proposition Is parallel case, and that
town will secure 1t which has the
business acumen to put down dollar
that 1t may pick up two dollsrp.
Mr.. Haney is right in asking o
bonus. Say what we people OF Fort
Worth may, practical manufacturers
are justified in regarding factories
here as ventures, and quite naturally
they want to reduce the chances OF
loss rs much as possible.
There Is no business reason why Mr.
Haney should not require bonus, and
none why our people should fail tc
grant it. The subscribers should bt
properly guarded--that is business
The balance required should be raised
today--and that is business.
Fort Worth never had more favor
able opportunity to invest money t.
such splendid advantage than that of
tered by a cotton factory.