Evening capital journal. (Salem, Or.) 1888-1893, 1889-02-08
IT is ALMOST ASSURED.
Hundreds of Citizens Attend
the WOOlen Mill Meeting.
THE MOSSBACKS AWAKENED.
Could Easily Raise $4,000 Instead Of
$4,000.

1t was announced through the
columns of the CAPITAL JOURNAL
yesterday that a citizens meeting
would be held in the Board of Trade
chamber at 1880 last evening, t.
counsel in regard to the woolen mil
project. And long before the ap
pointed hour hundreds of enthus
iastic citizens congregated at the
entrance of the chamber, and a by
stander could easily ascertain that 8
great interest was being felt. When
the doors were thrown open the
spacious hall was filled to overflow.
ing in three minutes, and those who
arrived late were compelled to
! abandon all hopes of getting in hear
ing distance, sogreat was the throng,
| Promptly at 8 o'clock President
Wright brought the gavel down and
the mighty talking and discussing
were abruptly brought to a silence.
He then called the meeting to order
with G. B. Moores in the chair as
secretary pro tenn.
The president then arose and
stated in few pointed remarks, the
object of the meeting and asked
that the committee, which had
been appointed to look after the
wooden mill business, make a
statement to the meeting as to what
arrangements had been made be-
tween the committee in behalf of
the people of Salem and Mr.. Kay.
REPORT CT COMMITTEE,
J. H. Alberts said: "Gentlemen
desire to say, as one of the COM
mittee, that we have held a number
of meetings to try and make arrange
ments with the water power people,
but for some reason could not make
it satisfactory and therefore we
placed this matter in MIR. Kay's
hands and he has completed ar
rangements with them and they
have also agreed upon the price.
Mr.. Kay agrees to build wooden
mill in our city that will consume
100000 pounds of woolannually, and
employ, say so persons the first
year, and further agrees to increase
said capacity after first year, as the
demand requires. He proposes to
make a life business of this matter,
and when the mill is in full opera
ton it will be the largest wooden
mill in the state OfOregon, provided
the citizens of Salem subscribe $2O,-
600, payable as follows: $25OO, first
of March, $4,000 first of August and
the balance, first of January, pro-
vlded he has the mill completed in
that time, otherwise they are not to
pay but $4,000 on the first of Janu-
airy, and balance when the mill is
completed. He further agrees to al.
low the citizens of Salem to hold a
lien on the entire plant until he has
filled the contract in every detail"
Squire Farrar of same committee
said: at is my belief that Mr.. Kay
is going to do the square thing with
us, as he IS thorough business man
and is going to do the whole thing
in a business-like manner. He is
not building great air-castles to be
shattered at the first ripple, but is
starting out slow but sure. If we
invest the 500, 700 it will increase
the business OF our Athens of the
West double, yes l will venture to
say treble the first year from the
time it is invested, and win put our,
,ity on solid foundation, on which
can safely build and
boOms' come to other towns but
Salem will decrease not. I am, in
or the enterprise and think we are
assured of suceessp pv,t-frr0
II, nj. Waite was called ON but he
vas so "fulP' of enthusiasm, that
words gould not express his. desirel
or the building oft9e mill.
Other speeches were made and all
themselves as feeling that :
'it is good for.us to build the mill"
nd were willing to subscribe. the {
equired amount any time, accord '
lgly.a committee of three consisting
I Messrs. S. Friedman, J. b. Stump
nd G. Stoltz was appointed to Sc !
sct seven names for a committee, L
'r the purpose of securing the neces-
ary benus and vested with power
arrange all necessary details in
he matter with Mr.. Kay. The c
appointed consists Of {
hos, Holman, A. Bush, J. H. AL G
erts, w. N. Ladue, r. s. Wallace, 4
quire Farrar, II. w. Cottle aud Il