The times. [volume] (Richmond, Va.) 1890-1903, 1897-11-24
MAY EMPLOY A PROMOTER
Icor.,rued from First Page ,

81 Cost Of power. whether water,
| coal or electricity.
| q Either a home q. Q. iocaD market
| for the manufactured product. N heavy
| goods that have the sales are limited by
| freicht. or nrst-Class transportation ia
| ciiitlcs that enable great distribution LOT
| those lighter goods. whose weight and
| hIgbcr price make the freight cost a
small item comparatively or both.
/ IS. Last. but not least. iirst-class and
| able management. Tor without Ahis an
| other conditions may be superb ana yet
failure would DE most inevitable.
! "Of course. some one OF these ideal es-
| scntals may be somewhat iacAlhS anu
/ yet an enterprise be successlul owing 70
| the existence Of other conditions to an
! exceptional decree. but the more nearly
these conditions exist favordDiy. the
! greater the chances Tor success.
WHAT RICHMOND OFFERS.
| Mr.. Crenshuw argued az some length
/ each Of these propositions ldlu, ulseuSs-
| inc in a most interesting way what Rich
| mOnd has TO offer To new enterprises.
| lie summed them all up as follows:
Il Cost OF NEUTRALITY-SUSPICIOUS. in many
! and equal in nearly all. , tn,
! -. LabOr-0ur manufactures VIII pg
/ greatly stimulated by technical school
-. our power is good. but may be i'm
| proved beyond supeiloiIg 10y ueNvi i'Pp
| mcnt OF our water on inc N4dsaId pam
| and by putting as on a lair purify OF COST
| as. 10 coal passing throush our doors,
- improved machlncfy-As BoOd as
any one, being free 10 all
8 TRANSPORTATION Iaciities-bNceptloh-
! ally good but would be greatly improved
by hearty support OF the 1iduic bui S"u
and earnest work 10 secure tHc IulNs'
I development OF james river as " Iohiii''i
ii Manaecmcnt-In this ! believe our
selves strong. because of my behei IN our
people. ...,-,.- ,,.hioh
have mentioned 1 wish TO ada. without en-
larcing on the outline OF some other
thoughts that occur 10 me WhICh WOuIu
be stimulating 10 manufacturing ana nc"
enterprises.
"Conndence and belief in our own ioca-
ton ability and resources. The three 20
I'VE million dollars OF Elchmond money
that was sent 20 Alabama ~ faul' Du-
luth and numerous other pl1t - must
have been sent because our people lacked
confidence n their home enterprises II
that money had been invested IN manuiac-
turing IN Richmond, who IS there III TINS
room that would moi have derived benefit
from itY ana how IL would nave stimulated
other manufacturing. an inevitable re-
suit just as tobacco manufacture bcscts
the manufacture OF wooden boxes paper
boxes. tin boxes, tin tags and other col
lateral branches. Let us accept ana never
forget the lesson or the past. ana mere
after invest our hard-cafned money mere
al home and instead OF being doubtful
of am enterprise because a nome one,
let us believe in il and support ana work
for ID. Pat every man ON the back VINO
thinks of starting an enterprise ln hlch-
mOud II he wants ENCOURAGEMENT. give
IL 10 him. instead of turning ON him a
hose Of water connected with Greenland
~ mountains. II he needs capital, help
him according TO your means. / applaud
the pluck. energy and good management
of the Richmond Traction Company pcO-
pie who. in the face of encouragement
and forebOdngs of dire disaster built ana
equipped "a line that our whole city ieels
proud Of. and ] rejoice 10 hear they are
meeting with results satisfactory ana de-
SMALL ENTERPRISES
Do not be ashamed of small beginnings
While we should rejoice over the big
plants. we should none the less welcome
the small ones, for not only Is the dskle-
gate of small factories important, bul
in addition. IL stimulates manufacturing
greatly in city TO have located there
every kind OF manufacturing. Then, TOO,
let US not forget what important giants
these little babies frequently become.
We all know that Allen q Ginter, start
ing with only few hands achieved sucn
growth in twenty years as 10 produce
probably the largest fortune south OF the
Mason and Dixon line. In connection win
this matter of small manufacturing plants
/ wish 10 especially call your attention TO
the fact that nothing would more stmu-
late them than electric power develop
ment, 50 that one could get Just what
power he needed Win lIopDIlioudLt ''H'
zone other thought and j am done.
want to urge on our rich real estate own
crss not 10 make the mistake that some
of them here in common with those else
where, have 50 often made. in regarding
themselves as uninterested on this sub
iect in thinking that they VIII let others
risk their money in manufacturing, while
they lock their own up in real estate, eN-
Decting great benefits from rents ana
enhanced values by increased manuiac-
turing. This is selfish and shOrt-sghted'
as no one should be more Interested IN
manufacturing than the real estate owner
for If IL lags and ceases to flourish where
are his rents TO come from? No man
should be more public spirited than the
real estate owner and / rejoice TO say
that there are many nOtdhlc cases OF
such I'm our city. and hope that all others
will follow their example, so as TO take
away the reprOach that we so often near
about certain real estate owners IN TINS
regard Let us all mend our ways IN The
particulars to which | have called at
tcntion and We would see manufacture
ing and new enterprises stimulated be
yond our expectations, and "a return of
the wonderful prosperity that we hear
tell Of Richmond having enjoyed from
1870 TO 1860
II beg TO thank YOU for your courteous
attention and at the same time TO apollo
gize for my length.
Mr.. Crenshaw was followed by Mr. p
r. Greenwood. of the Richmond Tredegar
Works. who made most excellent adj
dress.