San Antonio daily light. [volume] (San Antonio, Tex.) 1886-1907, 1888-01-14
COOPERATION.
Important Resolution introduced at
the Board of Trade Meeting.


the Board of Trade Meeting.
The directors OF the San Antonio
Board OF Trade had their usual meeting
yesterday.
The committee on freight traffic re-
port concession OF 80 per cent redue-
tiOn upon freights per Southern Pacific
west OF the city.
The following resolutions were read
and ordered to come up as special busi-
ness at the next meeting to be held on
Saturday afternoon next at 3 O'Clock.
whereas, II is evident that the city of San
Antonio does not keep up with the progre So
and material Arrangements of other cities,
and that the general apathy prevailing In the
past, as well as the short-sighted policy OF the
''le,-tomorrow.take-cart -of-itselr' of her real
estate owners, largely ont-ibuted, that our
city stands today far behind many cities less
favored than herself; and
whereas, many other so-called advanced
posts or cities Of the frontiers of trades-such,
for instance. as Denver, which shows an in
crease IN population from 400 10 $50 to l0,OOO
in 1887: Omaha, from 1908 in 1870 to 800 in
1887 Los Angeles, from 512S In 1870 TO 5000 in
1857; Portland, Ore, from 80 In 1870 TO 200
in 1881; St Paul, from $1,000 IN 1870 TO ll5 900 in
1887. Why, even Atlanta, Ga, through the
spirit of manufacturing enterprise, lifted her
proud head from the gret-stricken population
OF 1900 In 1870 to 10, 4G in 1887. While San
Antonio, owing only TO her superior geo.
graphical position, her strategical point as q
military depot, her distributing point of sup
ply Tor large territory, aud her imnense re-
sources OF wool, i've stock, ETC., was able to
show the apparently handsome record OF her
increase from li,256 in 1870 to about 5000 in
1887; and.
whereas, 1t is certain that were II not for
toe lack of spirit and energy, the too sudden
advances OF values of real estate during tenn
pOrary prosperity and Its consequent ad-
WAGES of rents OF dwellings and business
properties, our population would be today
over II 1908; for 1t Is evident that our trade
can extend for several hundred miles in the
d,herent directions Of the compass, and our
fabrics of wooden and cotton goods. leather
and leather manufactures, refrlgerating and
canned meats, should reach every state In the
union and penetrate every corner of the Re
public of Mex co; and,
Whereas, Der raw material is at hand, our
position favorable, and our geographical posi-
ton such that we have no reason to fear of
dangerous competition Ike Kansas City found
in Omaha, or Omaha In Denver City, for provi-
dence has blessed this spot with an abundance
of water, the lack OF which prevents the fear
of there ever being any other city of impor-
lance built In our radius of operation; and,
Whereas, further, That the city of San An
tonic is the leading wool market of the Union
and handles annually about Tic v OO) pounds
of this staple, besides some l0,C or 12,00
bales of cotton and several hundred thou sand
pounds of hides; being also within easy dis
tauce of extensive iron and kaO, n or porce-
lain deposits, being n the center o. cattle and
other live STOCK RANGE also; now, therefore,
BE IL Resolved, That the members of the
Board OF Trade of San Antonio, realizing the
Importance of concerted action land not mere
idle TALK, form themselves as q body into an
association to be known as san Antonio's
Manufacturing, Smelling and Developing Aid
association" for the purpose of developing
the natural resources of the country, manu-
featuring into fabrics such raw materials as
are at our disposal, smelling such minerals as
can be advantageously obtained from Texas
and Mexico, and financially aiding such man
ufacturing enterprises as may from time to
time be brought within our territory; be IL
further
Resolved, That the capital stock of the asso-
citation shall be S5,CJOOOO, divided into five or
ten different series, each col responding to or
representing so many successive years; such
series shall issue their stock, the shares of
which shall not exceed $40 each, which shall
be subdivided into monthly coupons, so that
the payment OF the share or shares can be
made in monthly installments, at the option of
the subscriber, and thus be within reach OF
even newspaper boy, or any one disposed TO
invest their small earnings in a paying enter
prise said capital stock to be raised during
the period of one two, three, four, five or ten
years, by voluntary taxation in the manner as
follows:
Each taxpayipg citizen owning real or per-
sonal property to be called upon and request
ed to subscribe to the general stock the sum
of cents on every dollar of his or her as
sessed property; said subscription will entitle
him or her to so much of the stock as his or
her total assessment may amount to. Any
person desiring to take more stock than his or
her prorata shall amount to, may have the
privilege to do so; providing. however, that
such person is citizen and taxpayer of the
city of San Antonio or the county OF BeXar, or
owning property and residin., in Southwestern
Texas or the counties tributary to San Anto-
MO. Any other person, not taxpayer or a
citizen, may become a stockhOder, but said
stock will not entitle him to the privileges of
vote, but only to the dividends that may from
time to time be declared.
The proceeds so collected, shall constitute
the paid up capital of either of the five series
mentioned and placed as soon as paid at the
disposal of a board OF trustees elected by the
association for that purpose.
Whenever any of the five series, or fraction
thsreof,'s paid-that is TO say, whenever q sum
of S100O,00J. $780, 70 or $4,000 is in the hands
of the trustees-then said trustees will solicit
proposals from any manu- "acturer or part es
offering sufficient guarantees and desiring to
establish within the corporate limits OF San
Antonio wooden or Gotten mills, cotton COM
presses, retrlgerating beet and canning
establishments, bagging factory, cracker fac.
tory, or the manufacture of porcelain, lea. her,
glue, buttons, iron foundries, car and machine
shops, oil mills, tannery, smelling works, or
such other manufacturing industries or en-
terprises as in the judgment of this associa-
ton and stockholders may appear profitable.
This association in each case will take half
of the entire stock, revairlng the right to half
of the cortrol in each and every enterprise in
which such investment shall be made. Be 1t
further
Resolved, That this association shall en-.
courage any other enterprises that may fro IN
me TO time be brought before the attention
OF its members; particularly such encourage
ment shall be gwen to the speedy establish
ment of cotton congresses and smelling and
refining works, which can be made extremely
profitable, owing to the connections soon TO be
established with the City OF Mexico by the
Nc xican National Railroad company, which
will pass through rich mineral district, this
being equally applicable to the Mexican Inter
national railroad. which passes from Pledras
Negras throuAh 'LerdO to Durango, etc. On
both these lines thousands OF tons OF mineral
ore can be bought for a mere tribe, owing to
the scarcity OF fuel and the PRINT We process
of the Mexican miners which prevents them
from smelling profitable ore containing even
as much as SIS of silver to the ton. which in a
well organized smelter will produce bonanza
to the owners.
This and similar other enterprises, which
can be easily organized. will prove paying aud
stock in our association, and provide means
of investment of small earnings which are
now held in the stockings OF many poor
widows. Besides, 1t will add wealth and popu-
lation TO our city and abundant employment
to the idle mechanics and dollars 70 the mer-
chants and real estate owners.
All OF which ] respectfully submit to your
kind consideration. L. ORYNsKI,
Chairman Committee on Trade and Statistics.
MEMORANDA.
Assessed valuation of the city esti-
mated a. 800. ..........S LOOOOC9
per cent tax on above per annum.. l,C ~ ,
u of the above tsxation.............. C,0( .
Il OF the above taxation. 2J0CJ)
u of the above taxation. l25,OC0
The meeting then adjourned.
An OId-Timer.