The Grenada gazette., 1889-02-07
me Alliance Warshouse-Its Future
influence on Grenada,

oh ubtEtub,
Inc Alliance in this county seems
70 nave recently taken on a fresh
lease Of life. Some little time ago
they made application to a promi.
nent gentleman Of this city, to nego-
tiats for them a loan of $500,
which they expected to need 10
paying for their new warehouse,
which issbout completed. However,
when they met last Friday, to discus.
and hnAlly arrange the matter, sub
scriptions to the capital stock began
TO roll in upon them, and when tht
DOCKS were closed for the day, they
round that they had cash enough OF
their OVID, and were therefor relieved
OF Tue Trouble in borrowing. By the
terms Of the charter, none but lnem-
Der can become stockholdsr, and
no one member is allowed to hold
more than one hundred dollars worth
OF stock. Thus 1t will be seen that
the stockholders are necessarily,
aosttered all over the county, and no
one man can control a majority, OF
EIock. This showsawise forethought
on the part Of the originators of the
enterprise. In the first place tho num-
Der OF stockholders must necessarily
be large, and the more the merrier,
and the better for the final success
OF the enterprise. We reach this
conclusion by the following simple
train of thoughts. Each individual,
who has five dollars Invested, which
Is the price Of one share will feel Al
individual interest in tho business
such as could be inspired be no Other
motive. Feeling this sense of part
ownership in the warehouse, he will
naturally desire that it should prove
successful. First as mattcr oi
pride, and SECOND, that his invest
ment, be it ever SO small, should
prove remunerative. Therefore il
follows, most naturally, that he viii,
not only bring his cotton aud his
trade all to Grenada, but will exert
himself to induce his friends ana
neighbors to do likewise. These are
sequences that will follow Just as ma
turslly and just IS surely rs the
night follows the day. Men who
have heretofore, perhaps, looked
upon Grenada with an uniriendly
oye, on account Of some injustice
real or imaginary, inflicted upon
them, will, after having become
stockholder in tho Alliance ware
hause, be found most ardsntly au
vocating her superior claims a. th.
best market for selling cotton and
buying cheap goods. This owner
ship of stock, 10 it ever go small j.
will prove tie that will biud then
to thstown,and will grow apsce, unit
they will though unconscious!y
perhaps, feel an active interest IL
the growth and prosperity of ouI
city and rejoice at her veal Anu
mourn for her woe, Thsre can but
follow advantage to our town. 10
each and ali classes Of trade. More
business; all around, for no one man
can control all tho trade or reap al
the advantage. Aid right here apo
now we will make a prediction. The
otton receipts in Grenada and the
general output Of goods will be lsr
ger this year Of our Lord 1889, than
ever before, in her history, and will
be still greater In A. D. 1890. Witt
the saving clause, the cotton GRO,
being an average one, for each yesr
And to the Alliance will be due til.
praise. Yea verify! 70 the Alliance
will belong the honor and tho credit
Taking this roseats view of the fu
tIre relations of our two great CLASSES
Of citizens, the agricultural aud tn.
commercial, We gladly and proud',
hail the present as the dawn Of al
era Of better feeling. for which We
have all along labored and all the
time hoped,