The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1888-03-30
THEESSENTIALSO OF GROWTH
Some OF the Evidences That Daily APP
pearto Foretell Prosperous Season.
Manufacturers, Colony Along the Belt-A
Prospective Enterprise Citizens Are Talking
About-0ther Features Of Good Times.

The impression Is general that the city Is
going to experience good. healthy growth in
the near future, and everybody 10 talking about
il. The agitation concerning various and
needed public imp rovements is proof that there
is a general conviction that something good Is
in store for the place. When asked whether
there was anything tangible in all this talk.
gentleman connected with the Improvement
Association. said: There has been great
deal done-in quiet way in the last two weeks
in pushing forward the cirys interests Manu-
facturers and capitalists ara ID correspondence
with va rious parties in tho city. and quite
number have visited as. OF course, names
could be given if such thing were desirable.
The representatives or four manufacturing
concerns have been here consulting
with Us this week; besides there are number
of o theirs We have not met. It is decidedly the
best outlook we have had for some time. We
have had much more inauiry-and il has been
inquiry from good substantial companies-than
in any corresponding period in the past The
outlook is eertainly very bright By the way,
there is a movement OF foot to form what We
call manufacturing colony in Indianapolis
There are several manufacturers located in ths
heart of the city who, with some others from
abroad, contemplating going into the
scheme. The gentlemen in the city want to ex-
pand their business, and hence want to move
further out The plan now is to locate tho
colony on the Belt road somewhere The only
objection 70 that 10 its distance from freight
depots. It would necessitate much teaming.
In order to obviate that difficulty we propose to
have regular trains put on the Eelt road. This
will do away with nearly all teaming. MIR.
Ijams has been consulted on the matter. and he
says that whenever traffic is sufficient to war
rant it trains will DO put on, and that
the Belt will do everything to foster
and encourage the enterprise and give
all needed encouragement to manufactures who
locate there. The location of the colony viii
depend the liberality Of the landowner
along the Belt. Strset-car facilities TO be
furnished also. The intention ie to place the
colony where there will be plenty OF room for
employees TO live, and 1T is thought that great
advantages may be secured by all interested in
the scheme Thie is given merely to show what
Is being done.
Judge Martindale SAYS that parties are con-
stantly applying to the committee of which he
is chairman, and that representatives from
good many manufacturing enterprises have been
in town, and more are coming every day. The
committee is entertaining some one nearly every
day. and receiving great many inquiries from
abroad. ''The circular sent out by the Board of
Trade was good thing" he continued, I'VE are
already hearing from It. Why, with fuel from
70 TO 40 per cent. cheaper than IL can be bought
in any other city-al the powers in the world
be any real estate bubble, some think. but it's
going to be what is of much more value the
city-a steady. solid manufacturing growth"
The following letter was sent out by she I'm
provement Association in reply TO one from
large manufacturing concern. which had been
offered 5000 bonus. land and free gas by
small town: indianapolis can do more for you
than any city OF its size in The country. 1t does
not intend to meet propositions from small
towns, which, In some instances, can afford to
give any consideration necessary q bonus.
They secure and gain everything by your
moval, but what beyond temporary advantage
do you gainl The difference in freights to be
gained by location such this city, whore
you have three or four competing lines TO every
important point, must be controlling feature.
What is $40, 900 cash compared with being in
you locate the Belt railroad yon
are at the mercy o. no road and
can hold out for the best terms,
Another thing. You cannot, with great en-
terprise, afford to 60 into a country town. In
dianapolis is known the country over as man.
ufacturing center. the Sarven wheel, the Atlas
engines, United States encaustic thing, the At
desks are among the products that have found
their way into every part Of the world and adj
vertised our city manufacturing center. 1t
1s worth considerable amount to any concern
to have its headquarters in such city"
There is evidence of inadequate organization
for pushing the cltys interests the part OF
business men, A real estate dealer, VINO has
that indianapolis men don't know the first
principles in that line. ''As matter of fact"
he said, 1--WE have something very substantial to
work on-a thing that many Doom towns do
not-and we ought to have more complete
ganizaton than we have"