The Asheville citizen. [volume] (Asheville, N.C.) 1885-1889, 1888-02-02
ASHEVILLE WILL GROW !!
:
HER ADVANTAGES MUST BE
DEVELOPED !
Her People Have Said it. Greatly to
) their Credit, and Asheville
Shall Grow.
Steps taken to Secure Four
Hundred Thousand
Dollars.

The large court house was we'll filled
Thursday night, in obedience to the call
of President Graham of the AsheviIle
Board of Trade, to consider and devise
ways and means to establish other
industrial enterprises in Asheville. Not
only the members, but the character of
the crowd showed that the people are no.
only alive but aroused to the best inter-
ests of the city and ready to cooperate
in it's up-building. The meeting was
composed of those who by their energy.
their brains, and their labor build up
and upon whose shoulders
generally the burden of development
falls. IL was a good NEE ing, and, as the
result shows determined meeting.
1t was meeting of the Board ofTrade
and President Graham called the Board
to order.
An iryitatiOn was extended for all who
were not already members of the Board
to join, and over fifty did SO.
After some business pertaining to the
Board WAS transacted, the special object
of the meeting was taken up, and Presi-
on the necessity for the establishment of
manufact uring enterprises, OF various
kinds in this city if We would have it tie
what it should be, and what nature
designed it to be. Referred to what had
BEEN recently accomplished il other
places, by the people getting together
and forming a cooperative as Ocatiun
organizing companies, members to pa
say fifty cents per week per Stare of
stock. In this way f;ty thousand dol
lar cotton factory was established; ID
now, only a few weeks thereafter, the
movement had been so successful that
the company had determined to double
its stock. After many illustrations of
the advantages of such movements
their safety to the subscribers and benefit
to the community, Mr.. q aham said he
believed Asheville could easily form such
an association and secure subscriptions
to a capital stock of 5000 600, to be paid
in weekly iustalments of fifty cents per
share OF stock, the par value of stock to
be 500,
Capt. AcLoud was called upon and
heartily endorsed the proposition of MI
Graha and was gratitied that such a
was inaugurated. He knew
that Asheville had every natural advan
tage for large industrial enterprises; he
knew that capital was ready to come
and all that was needed vas for our peo-
pie to show they really want this capital
and it would come rapidly. But very
much could be done within ourselves,
on this cooperative plan, and he was
in sympathy with the movement.
Capt. Atkinson followed at length in
support OF the proposition, and stated
that from his own experience with peo-
pie who desired to come here 10 unite
with us in enterprises he knew what was
wanting was for our own PEOPLE to unite
and take hold themselves, and this CO.
operative plan was the most feasible that
could be presented.
Mr.. Thos. c. Stokes, formerly of
Philadelphia, was called on and illustra-
ted the advantages of cooperation to
city by what had been done IN Philadel-
phia. Said the prosperity and growth of
that city was due to the cooperation on
the basis proposed here, and if our peo-
pie would SO unite five years would find
a very different condition of affairs in
est. He strongly favored the movement.
Mai. w. w. Rollins was called on and
entered with his accustomed zeal and
into a discussion of matters
of interest to Asheville. He not only
sympathized with but would unite in all
which our people would
but there was one industry
already here, struggling for such recogni-
ton as would make it what it ought TO
be, and enable it to do more for Ashe
vile and our surrounding people who
trade here than anything else we could
and that is cur tobacco in
terest. The product is raised at our doors
by our own people, it ought not only be
sold here, but ought to be worked here
and prepared f.r the consumer here, so
that all the benefits ofits handling would
accrue to our people We need more
factories here, more prize and packing
rooms, and need them now, badly. Ca
pital that was ready TO 60 into the tobac-
CO trade here was withheld because of
the want of such ROOMS as would accom-
modate the trade. He did not wish to be
as desiring cur people to
ignore other industries. for he recognized
the great advantages Oft the diversity OF
but in considering what We
shall undertake he wished to impress
upon our people that which we now lave
which only needs proper encouragement
to make it the best paying enterprise
which Asheville can undertake.
Maj. Rollins made several allusloDs to
some other matters, not exactly connec-
ted with manufacturing but vitally con-
cerning the welfare of As.eriIle which
met most hearty response from the
audience.
All the remarks OF the evening were
well received.
A resolution was adopted directing the
President to appoint a committee to
solicit subscriptions to a capital stock
fund in accordance with the objects OF
the meeting, said stock to be in shares of
fifty dollars each, and payments to be
made weekly at the rate of twenty-five
cents per share. The following commit
tee was appointed
Matt Atkinson, G. A. Shuford, c. ID.
Blanton, II. S. Halkins. J. 6. Lindsey.
w. F. Randolph, w. w. Rollins, DR.. ii.
B. Weaver, W. T. Reynolds, N. P. Ched
lister, II. G. Hunt, e. T. Rawls, W.T.
Penniman, A. A. Featherstone, NJ. Nj.
LeGford.
Books for subscription were opened,
and EIGHTEEN THOUSAND, FOUR
II NDRED DOLLARS were at once
subscribed. There is no doubt but that
FOUR HUNDRED THOUSAND DOLLARS will
be- secured within a few DAYS. This
shows more strongly than anything else
the purpose of our people to go to work,
and to make Asheville what she ought
to be, We hope in q few days to an.