The daily morning Astorian. [volume] (Astoria, Oregon) 1883-1899, 1896-12-02
A NEW METHOD
OF DEVELOPMENT
Clatsop Man Springs a New-0Id Plan
to Start Enterprises.
sURPAssEs BOARDS OF TRADE
Promotion Company to Be Formed with
the Sole Object Of Helping Man
ufactories.

chadwelI. November 80. 1896. CEdItor
Astorian.) During the presidential cam
paign IT was shown that payrolls, and
not more coin. was the thing needed to
make prosperous community.
Hammond said that was what was
needed to build up Astoria Where
families can find work. 20 thar
they can live. there will families be:
and they will want houses to live in.
and lots to build on. They VIII not
want houses or lots where they can not
live.
II is expected that tire railroad win
do much towards furnishing work; and
so ii viii. ana each family that Is given
steady employment win make work for
others; but all that is only begin
ming. A great many Industries win
come as matter OF course when the
railroad is done; others win have to be
helped to stand. at first. II they are to
be started
How to help them 10 the question
Astorians can't be giving subsidies TO
every industry that Is TO be started.
and doubt II 1t would be wise to do Il
II 1t could. Anything thar win not pay
dividends after being wen started. is
not worth starting. II it win pay divi-
dends 1t can be prOdtabiy started. and
without any sg,1sidy: the men that start
1t being gamers instead Of losers. as BY
the subsidy plan.
win explain the method as well as
can. but that viii be but poorly.
The first thing to do Is to form COM
pany whose sole object is to promote
industries. Each member Of the COM
pany puts as much capital into the
capital stock Of the company as he feels
able TO do. and has a voice in the CON-
ipany according to his capital
They are then ready for business
Now. supposing man comes to Astoria
who wants to start some industry: wen
take for example, the shoe business. or
the manufacturing and selling Of shoes:
the business consists as much in selling
as in making them.
/ The man wanting TO start. If he Is
experienced. knows that he has to work
up trade. or in other words. create a
demand for his goods. before returns
will come in; so If his capital is limited.
as il probably win be. he will feel diff
dent about starting in. This company
OF promoters make it point to assist
this kind of man. The company be-
comes a partner in the business. and
when the business is well under way
and is known to be paying they sell out
their share in 1t and have their capital
to help start something else. The sim
pie fact that the company Of promoters
stand ready to help business is often
sufficient to put it on its legs, without
the advance OF any capital.
This plan of helping to start indus
tries is not new, but has been great
success for the promoters. and all con-
cerned. for ages.
! BY plan like the foregoing more can
be done in five years towards building
up a city than fifty years win accom-
plish if things are left to the natural
course Of increase.
The reason company like this win
accomplish what board Of trade. or
chamber Of commerce can't, Is be-
cause it has d selfish interest in its un-
dertakings. while the objects of the for
mer are mostly Of an unselfsh kind
Men will work harder for self and
self's pocket than for the general well
fare. d. F. S TAFFORD.