The Roanoke times. [volume] (Roanoke, Va.) 1890-1895, 1890-11-25

establishment of bureau of informa-
ton on Wall street, has met with uni
versal commentator from those who
are directly Interested.
A great project is appreciated in Roa-
nolke If anywhere, and Roanokers take
hold of anybody's suggestions that will
add to the growth and prosperity of tho
city.
THE TIMES man felt the pulse Of the
real estate men and others interested in
this matter yesterday, and found them
in normal condition and of one opinion
in favor of tho scheme.
ut is entirely practicable" said Jas.
$. Simmons, land l think Roanoke can
do nothing better than adopt some
means by which the people in the
money centcrs of the country can be
kept informed concerning the advan-
tages and opportunities for investment
in this section.
81 think it would be we'll to carry out
the idea on n larger scale than has been
suggested and establish bureaus Of in
formation not only in New York, but
also in BOSTON and Philadelphia.
"The Wall street Investments arc al
moss entirely speculative, and frcQucnt-
ly capitalists want to put their money
in safer Investments.
'At such times money naturally looks
to new countries and we should take
some STEPS to mako our advantages
prominently known, so az to get the
benefit OF all such opportunities.
Besides this, with a bureau of infor-
nation in New York, Philadelphia and
BOSTON, we would be constantly adver-
Using our section In the money ccntcrs.
and among capitalists who are eager
to put their money where it is safe and
will pay large interests.
The different localities of Southwest
Virginia arc mutually Interested, and
think it would be the best plan for the
State Real Estate Exchange, which it is
proposed to organize, to take hold OF
this matter.
"Should Roanoke take tho initiative,
other localities will follow, but it is
best that VIC move together.
This Is an important matter that
should not DO neglected, and I stand
ready to bear my pro rata of tho eX-
pense of tho project"
l.. B. Ludwig, of the firm of Francis
Is. Kemp d Co., when approached on the
subject. said tho scheme suggested in
Sundays TIMES was tho one thing me st
needed. and that it should be carried
out.
''Why il will DO worth moro to the
CITY," said he, ethan the securing of
two big manufacturing plants We
would be placing our advantages before
the eyes OF men who have money, and
who would jump at the opportunity for
investment in this section If thoy only
knew Of them.
"Tho now towns of Alabama have at
tractcd much capital by this means and
we cannot afford to leave this field open
much longer.
"Kemp d Co., have been contemplate
ing doing some work along this line,
and will carry out the idea yet if the
people of this section do not take hold
willing to join and help all we can in
tho good work.
New York has never been worked
for this section, and this is one great
reason why this project should be car
ried out. We have never made our ad-
vantages known in the money conter of
tho country, and as soon as we do this
wo may reasonably expccta large influx
OF capital and tho establishment of
many more industries.
with tho large number of people
here who arc Interested, tho burden Of
expense for securing good man, and
would fall lightly upon ALL
Nr. w. i. Dupuy, of tho firm Of Du-
puy & Taliafcrro, said that he CON
sidercd the scheme entirely practicable
and thought that it would be n great
stroke for Roanoke. He was Of tho
opinion that the State Exchange should
establish u bureau, but should Ii fail
to move, no thought it would be
VOL for Roanoke to take hold of the
Mattor according to the suggestion in
TUE TIMrs.
'@s'.%c.ent IIocladay. Of tho Real Es-
tate Exchange, favored the scheme. 1T
will be great thing for Roanoke, and
this section generally" said he, "if the
suggestion can be carried out. The
bureau should DO established by the
State Exchange and think there is no
doubt that this body will take hold of
the matter.
''Wo need to got our advantages be-
fore capitalists and there is no better
way to do this than to Garry out the
suggestion of DR.. Parsons"
President Il. II. Woodrum, Of tho
Commercial Club. thought the idea a
good ono.
"I havo not thought OF THIS matter
Thoroughly" said he, ''out do not hest
tate to say that o bureau of information
in New York would accomplish much
for the good of tho city. The idea is
practicable IL the people here will only
take hold Of it,
L.. w. Jamison, president of the West
End Land Company, vice-president Of
tho Roanoke Development Company,
and prominently connected with many
other land companies, was well pleased
with the idea.
"Roanolko needs to keep capitalists
1, inf formed :, 10 l,.r =,