San Antonio daily light. [volume] (San Antonio, Tex.) 1886-1907, 1891-09-29
PLANT THAT COTTON MILL.

L
ticularly In the matter of real estate
. prospects. This Is in very large
measure owing to the unnatural &C
tivity of the real estate market during
the past two or three years under the
stimulus of booming. This condition
only partially prevails in Southwest
ern Texas, and in this city, where
booming is not resorted to, there is a
much more favorable outlook. While
this is true, it Is also q tact that the
development of this city has been
to the full as rapid as the country of
which it is the commercial center, and
that some measures should be taken
to keep alive the movement so notice
able here one year ago. The almost
superhuman efforts made to boom
gulf properties has exhausted itself
and outside capital is not rushing
here for investment. Under this con-
| dition of affairs San Antonio is neces-
STATED to take some steps that will
direct public attention to herself, and
cause foreign capital to realize that
investments here are based upon sub
stantial grounds that insure q
constant growth and increased
values for property. This assurance
can be given by judicious invest
ment in manufacturing enterpris es
by our citizens; and, the industries
thus created, while returning fair
profit upon the amount invested,
will add to our population, build up
our home trade, and at the same
time attract capital to our city. The
LIGHT has mentioned on more than
one occasion the offer made by
thoroughly responsible parties at
Cuero to remove the cotton mill plan
from that place to this city, on terms
most favorable to us. This liant,
costing SIS, 900, will be turned over to
San Antonio for $4,000 stock in a
new company with capital
stock Of $4,000 operating in San An
tonic. That is, San Antonio is to SUBJ
scribe $50, 900 stock of $50, 900 cotton
mill plant, and Cuero parties turn in
their plant, originally costing SIS 900,
for $4,000. There Is no bonus requir-
ed, no donation asked. 1t is q bust.
ness proposition. a committee of the
Commercial Exchange has visited
Cuero, examined the plant and find
things as represented. San Antonio
should take hold of this matter. 1t
is beginning in small way, but as
the work succeeds it can be enlarged
and may be all the more sue
cessful for not undertaking 100
much at once. Let it be
known that San Antonio. has inter-
ested herself in manufacturing cotton
aud there will be new interest
awakened in her real estate proper
ties. Dallas, Fort Worth, Austin,
Houston, the Gulf coast, Galveston,
all have made special efforts to at
tract notice, and despite this San An
tonic has had the most healthy
growth of any city in the state. Boom
ing has been overdone elsewhere, and
now is San AntOnio's opportunity
| quietly to embark in an industrial
enterprise that will commend
her to notice, cause her to be
mentioned abroad, and result in
attracting capital, alike for investment
Ill new industries and in real
property as well. The opportunity
now offered this city is rare one.
| Other cities in Texas have not found
it Improbable to embark in cotton
cloth manufacture, and San Antonio
is as we'll placed for this work as any
city in the state. The creative INDUS
tries etarted in this city have all paid q,
and all have greatly enlarged their
works since opening. Put this cotton
mill in operation and it will be a half
million plant in less than three years
1t will attract other industries TO the
city and before the century closes
there will be millions Of dollars in
vested in manufacturing here, giving
employment to thousands of opera
tives, creating demand for homes
all over these beautiful suburban adj
ditions, and insuring growth for gen.
: erations to come.
TIN plate from the bottom is,,.,being
made at st. Louis as we'll as at 9th eI