Evening capital journal. (Salem, Or.) 1888-1893, 1891-08-11
NEW BOARD OF TRADE.
New Life to be put Into the old Organ
iZatiOn.

lLatlOns
The JOURNAL interviews Monday
show au unusual interest in reviving
the work of the Board of Trade. The
real estate aud business men all talk
right to the point and are perfectly
willing to back any intelligent plan
of proceeding. An organization
that would give our city hundreds
of dollars a month from sources now
practically untouched should not be
left in a state of "innocuous desuc-
tude" a moment longer.
Everything is favorable at Salem
for carrying on a work well begun.
The Salem Board of Trade had
good name. 1t baukrupted itself
with too lavish expenditures and too
loose a hand on the purse strings.
The JOURNAL always opposed jobs
on the Board and used its influence
for restricting expenses to legitimate
purposes and proper enterprises. The
thing to do is to learn from errors of
the past and go ahead to organize a
first class board and keep control of
it in the hands of those whose in-
tercst are to make this great city.
The JOURNAL submits more sug-
gestiCns from business men. 1t has
no scheme to offer and knows of no
royal road to success but intelligent
industry.
H. w. Cottle: "FOr twenty five
years this town stood still. A little
eastern advertising has doubled and
trebied our population in a few
years. Before that you could never
get your money out of a building
lot; now there is a steady advance
IN all values. This will not stop un-
less we let up in our efforts. Adver-
tising will make this the biggest city
on the the coast: l favor immediate
action on the plan submitted by our
committee on organization.
T. Nc f. Patton: "I'ye got tired of
fooling with it, but am prepared to
help whenever responsible and in
teliigent action is taken by the
business men of SALEM"
J. IL. Albert: "I have paid $40 a
month in the past, and Will pay any
reasonable amount that l am
assessed by board judiciously man
aged aud regard it as good invest
ment,n
A. Bush: "The public seem to
have cut off supplies. This bank
has always contributed literally"
\. n. Bush, treasurer of Salem
board Of trade: "TDe board has a
balance of2l cts. here to itslcredit." :"
Squire Furrar: "Y0u cannot run
such an institution on f1ur-bit-
dues plan aud you cannot spend
hundreds Of dollars a month on a
ten cent subscription paper. The
majority OF our business men who
have a vital interest in the growth
of our city seem to want few to put
up the money"
REORGANIZATION.
The JOURNAL has secured the
following carefully prepared plan
of reorganization. 1t is entirely
practical and the members should at
once be united upon some such plan.
Tue report was submitted to the
JaUe meeting of the board and has
never been acted upon:
To the Board of Trade of Salem.
GENrLEMEN: Your committee TO
whom was referred the matter of Il
more efficient organization of the
board, beg to report as follows:
1st. We recommend that the
board be Immediately and fully re-
organized and regularly iucorpor-
ated.
I'd. That all regular members who
become such prior to July LIST, 1891,
pay an initiation fee Of $50 and all
subsequent to that date fee of $50.
Sd. That monthly dues be $l.0O
per month, payable at the end of
each quarter.
4th. That honorary memberships
be provided for, not requiring men,
bership fees or dues or comforting
right to vote.
5th. That competent advertis-
ing committee of three regular men,
bers be provided for, in whose hands
all advertising funds shall be placed,
who shall have power to act, and
who shall be required to present to
the board quarterly full and exact
reports.
9th. That all other necessary
work of the board be delegated to
appropriate committees, and that no
offices be created within a
period of two years.
Respectfully submitted,
p. S. KNIGHT,
II. w. COTTLE.
concur in the within except that
would prefer an amendment of
our constitution rather than a reor-
and am not in favor of