Evening star. [volume] (Washington, D.C.) 1854-1972, 1889-09-03
BUYING AMERICAN BREWERIEs,
Why Englishmen Think Such Invest
ments Promise Profit

recent issue Of the London Financial Ne,cs
reports meeting held by the Washington
brewery company, limited, at which Mr..
Edward Rawlings, the chairman, made a report
respecting brewery plant recently purchased
In this city. MIR. Rawlings is reported as saying
In the course Of his remarks that they had
taken all the necessary steps to form a COM
pany in America, which had to be done in
order to comply with the legal obligations of
American trading, which was purely a matter
Of form. The Americans, he said, had adopted
the German system of brewing almost entirely
through the United States The fact was that
beer had become the national drink. In 1875
the output of lager beer was 5000, 900 barrels;
in 1889 it was $4,000, 900 barrels, and it
had gone on increasing year by year
from 100000, to 100000, 100000 to
100000, and SO on. In no one
year did it show a diminution. They were
giving up, to an extent, the use of spirits, and
beer WAS becoming the great national drink of
the country. He thought that, looking at these
figures with regard to the past and the indica-
ton which they showed for the future. and
taking into consideration the enormous size of
America and the increase of population. it was
very fair to calculate that not only had Ameri-
can beer been great success in the past. but
1t would be still greater success in the future
Referring to the question of prohibition he did
need concern themselves, more particularly as
it would not affect them in Washington Some
people had asked why American brewers
wished to get rid of their properties. To that
he would reply that Americans. as a rule, were
engaged in business and had not among them
the class OF investing public the English had
They did not want to go, he said,
into any other business than their
own. The United States laws were
not so formed as to give people the same oppor-
tunity Of forming limited liability companies.
Again, he was asked, why did they sell at such
price as to enable investors in England to
buy property that would enable them to paw a
large dividend? To that he would answer that
most of these people had begun in an humble
way, and, having found that capital was con-
tinually required to meet the increasing de-
mands OF their business. were quite willing to
dispose of that business taking back their
original investments and holding profit on the
business DONE Another question was asked
Whether Americans did not object to foreigners
buying up their interests? He found that
Americans were only too glad that the English
should take an interest in their country.
The Festival at the Schuetzen Park.
A large crowd of enthusiastic people were
present yesterday afternoon at the opening
ceremonies of the sixth annual festival Of the
Cannstatter Volksfest Vcrein at the Schuetzen
park. Decorations were plentiful. but the
most striking of them all was huge column of
fruit, cereals and vegetables nearly 80 feet
high. 1t was the work Of Mr.. Rudolph Reh
Games OF all descriptions were in progress, and
there was plenty to eat and drink. At the dedi-
cation OF the fruit column there we're speeches
by Mr.. Simon Wolf and Mr.. Hugo Kirschner
The festival will close this evening.