Fort Worth daily gazette. (Fort Worth, Tex.) 1882-1891, 1889-07-04
ORGANIZATION AND oo-0PERA-
TIlN

q ssSHtOAdH VI IHlS city y uuSO OOOpSAb
formulated building association plan
purely mutual in IFS character, and in
1881 the first of these benefcent institu-
tions was organized. The good work
performed by it in providing sure
means TO secure a home or to invest
small savings safely and proftabiy has
resulted in the organization of a number
of similar institutions, which are all do
ing excellent work in the upbuilding of
the city and in promoting economy
among wage workers. As Judge Cooper
may be said to be the father of the
building association in Fort Worth, SO can
some citizens earn like proud title by
devising some plan OF cooperation sim
liar in design to the building association,
but different in its field of action.
Fort Worth must have factories and
the movement TO secure them cannot be
inaugurated too soon. Efforts have been
made in this direction, and some small
success achieved, but, considering the
distributing facilities of the city. its
large banking capital, its great
and increasing volume of wholesale
trade and its growth of popu-
latlon, 1t must be confessed that the sue
cess is not all it should have been, nor is
it all it might have been had the effort
made been systematic through organ
ization. A few men here and few men
there have done all that has been done,
when it is fair to presume that a mobil-
ization of all these forces would have
achieved far greater results.
Providence helps those who help them
selves, and If Fort Worth will make the
united effort to secure factories
that it has made to secure rail-
roads, the same success may be attained.
In an effort to secure manufacturing in
situations the city should go for every
thing in sight-large and small-and
should put its own shoulder to the wheel.
In this connection THE GAZETTE. repro
duces, as applicable to the situation in
Fort Worth, an extract from an article
printed in the Dallas Times-Herald some
time ago:
The consideration of the needs of Dallas in the
line of manufactures and the means to be en-
ployed to induce them to locate in this city has
induced inquiry into the phenomenal success of
other cities and it is found that Louisville has
indeed been successful beyond precedent. The
plan employed in that city. and to which this
success is directly attributable, is as follows:
II,
initiation fee of $40 and yearly dues of IS. This
gave them about sixty thousand dollars capital
and an income of thirty thousand dollars. They
have an inve stment committee and loan COM
mittee, which takes stock or makes loans to
new manufacturing enterprises. They were
organized May II, 1887, and have started
sixteen factories in Louisville in less than
two years. They are now erecting ten-story
building at a cost of about four hum
bred thousand dollars. OF this amount
the Commercial club took $4,000 stock.
Private members took s1OO, 900 stock and
the finance committee sold $3.50, 900 of AZ per
cent. bonds secured by the building. Enough
tenants have already been secured to pay the in
terest on the bonds and 1G per cent. on the stock
and leave a sinking fund besides. The first floor
will be devoted to banking and insurance. The
second floor will be devoted to the uses of
the club, will be fitted up superbly, and
Louisville's manufactures viii be displayed there
and new enterprises formulated.
Dallas has not less than two thousand young
men who make their living as clerks, account
ants, statesmen, drummers, etc. They draw
good salaries as a rule, and could each and
every one afford from FIVE to twenty dollars per
year to an institution that assures such manifold
benefits to our city. Two thousand members at
S. initiation fee and SO dues per annum would
create fund of $780, 600. Two thousand men
averaging $40 each per year would form nu-
cleus for two substantial cotton mills for the
year, and the influence of the organized effort
would be of far more value and far more effective
than the good round sum thereby raised. Let
Dallas try it.
And THE GAZETTE adds: Let Fort
Worth try it. This city needs organization
of its work. 1t is plucky, it is liberal, it is
enterprising-bu its efforts must be or
gained. Organization is the condition
precedent to successful effort in the direc-
ton indicated, and when organized Fort
Worth should go for the little factory as
well as for the big one, and not permit
the big one TO escape II IL De possible TO
prevent it. Letters are received in
this city almost every day from men
discussing manufacturing enterprises,
but everybody business is nobody's |
business, and while everybody admits
the need and benefit of factories, no.
body has the time to work effectually at
them. Organization and CO.
operation are the means to success, and
the opportunity is here for some man to
become the father Of manufacturing en-
terprises in Fort Worth.
So Tt Would
Colorado Clipper.
The Dallas News heads an item GA |
Widow lady insane - If IL bad bonD q 1