St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1892-03-24
IMPORTANT ANNOUNCEMENT.

The GLOBE makes the announcement
this morning of All important addition
to st. PauPs list of business buildings.
Mrs. CAROLYN GOTHAM has purchased
the tract of ground, 100 feet square, on
the southwest corner of Wacouta and
Fifth streets. and will at once erect on
it a structure of brick and stone. six
stories in height, 10 be occupied by the
warehouse and Offices of the corporation
of c. GOTHAM 81 Co. Immediately i'll
the rear OF this site is already located
the factory of the Minnesota Shoe COM
pany, the ma nufacturing department OF
the same concern. When com pleted
there will be here an immense building,
800 by 90 feet in dimensions, all under
one roof, and all devoted to tue prose-
cntion of Il single industry.
In the midst of agitation for new en-
terprises we are in danger of overlooking
the greatness of those which we already
have, and this news points moral to
call attention to which is a public service.
In OTHER cities there may be larger
boot and shoe houses than this will
be, as far as total output is concerned.
But it Will be found on investigation
that if there are such they sup plemant
their contingent of free employees by
drafts on the states supply of convict
labor. On the rolls of our local house
will be found the names of independent
wage earners alone. And. if this fact
is taken into consideration, it presents
a magnitude and prosperity entirely
without all equal, and the existence Of
which is a matter for general congrat-
ulation.
The Walter A. Wood company is
again brought into notice today by the
meeting of its directors, which is set for
this afternoon. Before long it will
have fixed on a site, and the work of
building its plant will be begun IN good
earnest. We shall all be richer because
of its coming. and its value is not easy
TO oyereStimate. But the very Imp0r-
lance of projects of this description
only emphasizes the claims OF those of
another sort. A concerted effort backed
by cash subscriptions has secured its
location in st. Paul. and the growth
which it will bring Will be. as it were,
dividend on the honestly invested
capital of the whole city. But concerns
like e. GOTHAM q COMPANY were
founded by private enterprise. abso-
lutely unaided by cooperation from
without One individual of foresight,
ability and public spirit started The
house in the beginning for the gain it
promised to him, and under his skillful
direction it grew until now, a few years
after his death, it has become, not only
an institution of personal profit to its
owners. but one of the pillars of our 10
cal strength, maintaining in comfort
large bodies of workingmen who in
turn support our shops and pay our
city's taxes.
In the light of such examples we Will
do well not to pin our faith too COM
pletely to big ventures. The humble
artisan who works in only the smallest
way may he laying deep and strong the
foundations of the most important
things, and the fruit of his earnestness
may survive and flourish when many a
more pretentious enterprise has been
wound up because it could not be made
to pay. The small, as we'll as the
great, deserve popular encouragement
and interest; and, if they secure it, the
small may develop as has the industry
planned and nurtured by CONRAD
GOTHAM, and the great give all that is
so confidently expected of the new COM
pany which is about to set its maehi-
merry i'll motion within our city's bor-
ders.