The Portland daily press., 1892-01-30

4
personal interests. only the interests OF
the city. He said Portland people mao
expected too long for their city, to pc pc
made great and wealthy by heet u
richly laden ships that was expected W
sail up the harbor. But that fleet never
came He always felt a little sensltVe
| when anyone spoke of moving plants OUT
to Freeport, as that was what he mao
done with one of his plants. He NAG
| been forced to move because he coulu
not get accommodations in the city al
reasonable rates. 1t made difference
of $4,000 wear to him whether he moved
the factory to Freeport or kept 1t mere
Manufactures are not appreciated IN
Portland said Mr.. Shaw. There is
prevalent in this city an
Internal Idea
that manufacturer is cumberer OF the
ground. There seems to be an under
tow of sentiment that busy people ought
not to exist here Now Portland is ex-
cellently situated for manufacturing.
And if people knew the amount OF money
that had been skinned out OF here to go
into holes down South and out west,
they would see why Portland Industries
do not flourish"
MIR. e. p. Chase
said he agreed with Mr.. Shaw in his
opinion as to the slowness and indiffer-
ence of the people about manufacturing.
Mr.. Chase wanted to see manufactures
here, but he did not like the indefinite
ness about the offer for the Market lot
Neither $4,000 nor $1,000 was enough n.
der the present terms of offer He cid
not know but what he would give $1,000
for the lot if he could get it on ship shod
terms. Portland had gone into too
many enterprises on ship shod arrange
| ments. $50 up to the West End where
we owned acres" said Mr.. Chase I'VE
expected shops to be located there, but
it Slipped out from under us. Unless
you can get something definite keep your
property"
Mr. Shaw wanted to hear from
Mr.. Elias Thomas.
Mr.. Thomas SAID he did not know
much about the question, but if he
owned that lot he should not sell it for
$500 to any person on any terms. Muir
murs Of applause.
Mr. Lewis A. Cloudy was called upon.
He said that when the subject of erect
ing manufactures on the Market lot was
brought up party of about 20 gentle
men met to consider the question. AS
they looked at it they at first thought
that if the city should give the land to
them they could hardly afford to invest
the capital needed to establish the man
ufactories wanted. But after further
consideration it was thought that $4,000
might be offered. This was the syndi-
cate represented by Messrs. Cox, Win
slow and himself.
They thought they might
For $40, 0O0
put up 2-story wooden building, COW
cred with iron, fit it with power, lights,
etc., and rent it to manufacturing indus
tries. They did not profess to be actu-
ated entirely by philanthropic motives, as
they hoped to get per cent or more re-
turn on their money. The lot stood the
city about 100000, counting original cost
and interest, and was costing $1,000 a
year,-the interest on 100000. It would
be much better to have industries on the
property, than to have it nuisance as it
was now. The value of manufacturing
to a city was undoubted In his own
business he disbursed $50, 900 in the last
year, right in Portland. 1t had been
drawn from out the city, and had gone
to benefit Portland traders and landlords
among whom was his friend Thomas,
several of whose rents were occupied by
employees of this industry. AS to the
value Of the lot, Nj. Goudy said that ex-
Mayor Thomas had said that the land was
Aaa fon Nm ENo.1lxr
said that the syndicate didEnot expect to
get the lot Internationally, being willing
to have it nominated in the deed that the
lot shall revert to the city if they did not
come up to their agreement.
Mr.. Isaac C. Atkinson
said he felt deep interest in the matter.
He did not think the lot nuisance. And
he thought that, if the syndicate's only
desire was to get manufacturers here, it
was strange that they should be SO anx-
ious to get the lot merely for philanthrO-
pic purposes
Mr.. Goudy-I did not say we were
anxious to do it only for philanthropy.
We expect to get from 5 to 10 per cent
Mr.. Atkinson-I think the syndicate
are somewhat anxious to get it, though if
it is only for manufactures that they want
1t, 1t seems a little strange JnaC Iney GO
not now use the vacant buildings in Port
land, good brick buildings, much better
than the wooden, iron-covered building
which Mr. Goudy's syndicate proposed to
erect. The Market lot is
Worth at Least $4,000 or $4,000.
The city certainly should not sell the
lot without advertising it more. Contin-
uing, MI. Atkinson said, that it was by
no means certain that foreign capital
would come in. Ashe understood 1.-THE
eee were most Of Them m uy
who might only move their own indus
tries into the place. Mr.. Atkinson knew
man who would give $4,000 for the
lot. When asked who that gentleman
was, he said Mr.. John B. Curtis had told
him that he would give $15, ZOO.