The Mankato free press. [volume] (Mankato, Blue Earth County, Minn.) 1879-1924, 1892-03-18
BOARD OF TRADE.

lard in the chair. The following
members answered the roll call:
Brett. Christensen, Everhart, Austin,
Higgs, Farr, Follman, Chapman, Noe,
Hall, Longini, Musser, Jensen, Pope,
Klein. Shoemaker, M. G. Willard,
Selleck G. H. Higgs.
The minutes of the previous meet
ing were read and on motion, were
adopted.
H. P. Christensen, Esq, on be-
half of the Improvement Company
reported in a general way, stat
ing that business men, clerks, me-
chanics and day laborers had signed
for shares of stock and were enthusi-
astic over the scheme. He spoke of
the influence of some of our citizens
who had not yet signed, and in man
ner not to be mistaken, he said he
hoped to see them join the enterprise.
He continued his remarks by saying
that the Company would, without
doubt, prove a benefit, not to a few of
the people, but to the entire popu-
lace. He further said sit is our de-
sire to bring people here, instead of
sending them away, and to do this
we must all enter into the plan with
enthusiasm" He produced letter
from Mr.. A. n. Dukes, who desired to
be placed on the list for 20 shares.
After speaking of the coming Worlds
Fair, and the natural resources of
Mankato, he gave way to Gen. Pope,
who made some remarks on the fu-
ture of this city along the line of
manufacturing
Mr.. W. M. FAIR obtained the floor
for the purpose of saying that it would
be wise to let the people know that
the subscribing for stock of the I'M
provement company is not gift, but
a profitable Investment.
Mr.. John G. Noe stated that the
committee on manufactures had come
to the conclusion that all matters be-
fore them should be held in allegiance
and give way to the Improvement
Company. He said the present plan
was of wonderful Importance just
now for he believed the flood tide was
coming this way.
Mr.. M. G.. Willard, who returned
from an extended eastern trip few
days ago, secured recognition and said
that while absent from home he had
received papers giving an account of
the improvement Company, and as to
the work being done, and he felt en-
couraged. He then stated that him
self and brother (MayorJ A. Willard)
had bought out knitting mill, which
would be brought to this city in the
near future.
Mr.. G. H. Higgs spoke OF the feast
BILE plan of the Improvement Compa
ny. He said that if it is organized, the
directors will be in a position to do
business with men who come here to
start manufacturing concerns.
BY request, Mayor Willard spoke of
his eastern trip. In part he said:
mo trip that l have ever made have
| noticed SO much manufacturing be-
ing done among cities of from 5000 to
$4,000 population as during this last
one. In all of the towns where man.
ufacturing was going on, whether it
was one factory or more, there was a
sign of prosperity, In large cities
very often men make their money by
speculation in one way or another,
but in the class of places / have men
toned, the great fortunes are
made in manufacturing institu-
tions. Wealthy men are en-
gagged in that line of business
today more than ever. Why, l MOTTO
ed that small place a few miles
from where l lived at one time is in
creasing rapidly since they took up
manufacturing. / fully believe that
there is money in manufacturing to-
day.
At the conclusion Of Mayor Wizards
remarks, Mr.. j. J. Noe read letter,
coming from an out of town man, who
believes in Mankato The letter will
be found elsewhere in today's issue.
Mr.. Christensen again obtained the
floor and said that he felt grateful to
Mr.. Willard for what he had done
and intends to do. When Mr.. Chris
Jensen had taken his seat Mayor Will
lard stated that he would subscribe
for 20 shares of the stock of the Man
kato improvement Company. This
action on his part was applauded.
Mr.. Shoemaker suggested the name
Of Mr.. Fred Widell as director to
fill vacancy. The secretary was in
structed to cast a ballot in his favor,
which he accordingly did.
On motion, the meeting adjourned.