St. Johnsbury Caledonian. [volume] (St. Johnsbury, Vt.) 1867-1919, 1896-11-27
Another Shoe Factory.-A gentleman

Another Shoe Factory.-A gentleman
from Massachusetts, who is the owner of
an equipped shoe factory, has been CORE
spending for sometime with with Secre'
tarv Eldridee of the Board OF Trade. in
regard to moving his business to this
town. The proposition he made was
reasonable and the Board of Trade di-
rectors invited him to come to St. Johns
bury and talk the matter over. The gen
tleman arrived in town Monday after
noon, and took a tour around to see
where was the most convenient place for
locating a shoe factory. location was
found that greatly pleased him. In the
evening he met the Board OF Trade direct
ors and the matter was thoroughly and
fayorably discussed He told of the busi-
ness he had done in the past and what he
thought the prospects were for conduct
ing the business in this place. He manu-
facturers now a cheap grade of misses
and childrens shoes, for which there is
always a ready demand. His reasons
for wanting to move from Massachu-
setts were manila to get where he
could employ cheaper labor and be rid OF
the trouble occasoued by labor unions.
He would employ green hands from this
section, who would be instructed IN
making the different parts OF the shoe
and given an opportunity to make good
wages. Skilllul workmen would also be
employed, and these he would bring with
him. His factory employs about fifty
hands, but the proposition includes an
other factory to combine with this and
which manufacturers a better grade OF
shoes. Thus the factory ii established
here would probably employ from 100 to
$50 laborers. The proposition Is Tor
stock company OF $4,000, half OF it to
be raised here. The other halt will in
clude the machinery, stock, etc, besides
cost of the two factories in Massachu
sits. The gentleman thoroughly under
stands the shos business and brings the
best of references. His proposition II
certainly reasonable and the matter viii
be thoroughly investigated If every
thing is asrepresented the business shoull
be brought here ifpossible
The directors voted to send O. S. Abbot
to look over the factories and investigat
the matter. The directors have anothe
meeting this evening and Mr., Abbot
leaves for Massachusetts, Monday morn
ing A petition is in circulation to call
special town meeting to see ii it will b
voted to exempt such Il factory from tax
alton. The following letters explain tn
matter:
To the Board ofTrade, st. Johnsbury, Vt.
GENTLEMEN
We desire to move our business, boo
and shoe manufactures, into some city G
town where we can get cheap labor
make cheap shoes What lnducement
90 you lnlnK your TOWN ohCiS, anu
there any help who have worked o
ladies shoes, and can suitable bulIdin
with power he secured at q tair rent
We are thinking of the following plan
form a stock company with $4,000
! capital divided into preferred and cor
, mon stock. Your townspeople to tai
the preferred aud we and friends the COZ
mon. The preferred to charge five or 5
per cent interest and the balance of Il
# profits to go to the common stock, whi'
# would be used to buy preferred stock
!. par as fast as possible. We have con
lence in ourselves that the business W
y pay in the future as well as in the pas
S in which case the preferred stock wou
o be bought up in three to five years. The