The Laurens advertiser. (Laurens, S.C.) 1885-1973, 1888-05-09
FACTORY TALK.
WHAT THE PEOPLE THINK OF THE
MAT TIER.
Thc Spartanburg Indca has Taken
Hold OF our People and, Placed the
Project i'm Reach Those who Will
Rnck their Judgment.

not the people of Laurcns are i'm
earnest concerning Il cotton facto-
ry ana to take the sen timent of the
town ON this important subject,
TIE ADVERTISER started out on Il
tour OF investigation among the
business men whom he chanccd to
hnd, ard who could give Il few sec
Onds to this important subject.
10 each the scribe propoundcd
these questions: "What do you
think of II factory for Laurcnso
What are your ideas of the install
mcnt plan, or the cooperative
plan?"
The he proceeded to explain the
plan as follows. We are to raise
at home, 100000. to be paid in
monthly instruments for five years,
On the first day of October next,
one fifth Of the capital stock vii, be
paid which is amply sufficient to
erect the bull ding. Then upon this
and the subscriptions, Il loan will be
negotiated sufficient toput in the
machinery, and within one year Of
the first instalmcnt, the factory will
begin work. Taking thc history Of
factories as Il basis, it is estimated
that even the first year OF opera
ton it will more than pay the in
tcrcSt on the borrowed capital. At
the end of the five years, the stock
holders will have II valuable prop
crty with a,tritilin outlay each year.
TO find the sentiment Of the pco-
pie on such II scheme, was our OBJ
jcct. Being pressed for time we
could take only Il hurried and i'm,
perfect interview, but after one
hour we had pledges of ut least
$4,000, and had lot tmcntioncd the
subject to onc-siNth of those who
would likely take stock. The re-
suit Of this hours work, however,
convinced TIE ADVERTISER that
the plan is practicable, and the
unanimous endorsement was the
best Of encouragement. Without
Il single cNcCptiOn,-no dissenting
voice, the plan WAS endorsed and
many were eager to subscribe lib
orally, while others who would
name no figures, promised to do Il
noble part on the home stretch,
Mr.. w. Ii. Garrett, said: ave
need the factory. know Of no
means to build up our county so
cflcctually. We need young, cncr-
grtic men to push such enterprises.
That is the secret ofthc progress of
Georgia and Other states. | would
be willing to be taxed for Il factory.
Think we can devise some plan by
which the factory can he built |
ana willing to put as much in
to a factory rs anybody i'm proper
ton TO my means. WcmuSt have
Il factory.
Wade AndcrSOn.--MuSt have
factory in self defence. Will take
5000 stock on the inStalmcnt plan.
| we don't get Il factory we are
flat If the real estate owners will
only observe other towns the mon
cy i'll be forthcoming.
Cooper & Burnside Bros.-It is
needed. In favor orany plan that
will get the factory Will give al
least Tl00I
DR.. b. f.. Martin.-A soul and
body i! favor Of it. Will dc more
for the town than anything else.
Will give $1,000 as Il starter.
Martin IL Fullcr.--It is ii life and
death matter. We have factories
around us and th"ypay. Will sub
scribe ut least 5000.
III. y. Simpson.-A factory is nee
cSsary. We are bound to have i'm
a short while direct connections
with the coal beds, and tins makes
the factory even more important
and practicable. will do my part.
j. NJ. Nisanska.-Must have the
factory at all hazard. Will give
$500. Like the plan.
a. II. Flcming.-lf YOU don't get
n cotton factory in two years at
l.aurcns, would not give % cts on
the collar for YOU real estate. | will
give $500 on the proposed plan,
w. l.. Gray.--Wc can get the fac
tory. Think the plan practicable,
and will give ut least $1,000.
Geo. B. Andcrson.-I think well
of the whole scheme. Will take at
least $500 or perhaps $1,000.
j. \. Wright is thoroughly i'm fa-
vor Of the plan and will subscribe
SOiltlnlnP.
j. J. Pluss.-I think well of a fac
tory and having additional i'm
provcmcnts contemplated ut the
Foundry feel some hesitation i'm
intimating what | can do. How
ever will subscribe at least 5000.
o. B. Simmons.-Am heartily in
favor Of the plan and well give at
least 5000.
DR.. p. B. Connor.-Decidedly i'm
favor Of the scheme and will sub
scribe ut least $3.50.
}. III. Sullivan.--No reason WHY
we cannot make factory pay here
ms they do elsewhere. Will give at
least $1,000.
w. a. Watts.-I am heartily i'm
favor of the plan and believe ,we
can get the factory. Will give
$1,000.
w. III. Martini think ii will be
the biggest thing for the town ev-
er known, and bigger thing for
the county, from the fact that the
farmers can have II home market
for their produce. Will help at the
proper time,