Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1893-03-08
CHAMBER or COMMERCE.
Proposition by Fred Simon in Relation
10 the DiSsret Wooden Mills.
THE TRANSPORTATION BUREAU.
An Executive Session watch Is Reported
as Belng Rather Lively
aud stormy.

The special meeting Of the Chamber
Of Commerce directors yesterday even.
ing was an interesting one. The
membors present were President Hub
hard, W. IL. Rowe, NJ. J. Gray, +. T..
Kelsey, II. T.. q. Coates, =. w. Mad.
sen. Elias Morris and Abraham Il.
Cannon.
Fred Simon made the following
statement In relation to the Deseret
weolon Mills:
"The company was incorporated for
si25, 900, OF which s9l 900 Is paid IN
and IL represented by the plant. Mr..
Jennings IL willing, In case the propo.
sition make IN accepted, TO cut down
the amount paid In 10 $4,000, anu
wishes 10 secure additional WORKING
capital to the amount OF $50, 900, the
whole 10 be merged and the manage.
ment to be vested In such hands as
would be satisfactory 10 committee;
Or he would be willing to disp se OF
81 per cent Of the stock anu retain only
20 per cent. This proposition Is made
IN order to strengthen aud insure the
success OF the Industry. The mill, In
order to secure this necessary means,
has had TO pay western rates Of interest
for money, while the eastern mills
were able TO get money at 4 per cent.
The difference has TO be IN ade up In the
price OF tho product. Last year we
turned out over 100000 worth Of
goods, and spent something like $50. 900
IN wages; giving employment to from
100 to l2b hands. Now Mt. Jennings
prefers to close the mills down n he
cannot compete with the whole couu-
Try. My idea IL that the directors Of
this chamber, and the trustees Of the
business Mems association can appoint
committee to examine the plant, 20
over the books and see the exact status
Of affairs. Then, II satisfactory, the
means asked for may be subHrribeI.
We would be glad TO have you take
hold OF T.. We have been talling
about copper amelters, but here Is an
enterprise which actually exists, ant
tue question IL whether Salt Lake
shall become n large industrial center
tor the manufacture OF this class OF
gcode. | sec no renson why the de-
velOpment OF this Industry should not
lead 10 the establishment OF clothing
lhNAVis hNANs ih' HuVb1 thNhtu uht
were equal In every way with those
produced elsewhere, aud wish TO cay
there Is nn excellent market for them.
ask that this DO referred to com.
mittee anu that prompt action be taken
o. 10 will be necessary to start the
wheels moving by April l."
The matter WAS referred TO COM
mit,eo consisting Of A. II. Cannon,
Elias Morris aud l.. Z. Kelsey to
confer with a like conimittee from the
Business Mems association.
The bard then went into executive
session anu remained thus until n late
hour. II comes In u roundabout way
that the meeting was stormy one.
The bone OF contention was tbs retire.
ment OF Commissioner Sears from the
transportation bureau aud the appoint.
ment OF ID. &. Adams as chairman OF
that body. These appointments were
cOnfrmed: ID. q. Adams, chairman;
George M. Scott, \. u. webber, NJ. II q.
Walker, Spencer Clawson, Fred Aucr-
bach, J. NJ. Ricketts,, Hebor NJ. Wells.
w. IL. Rowe. A. Il. Hyde, George L.
odell and George NJ. Cannon secretary.