Washington standard. [volume] (Olympia, Wash. Territory) 1860-1921, 1897-07-16
A GOOD SUGGESTION.
LET US USE THE BOLTS OF JOVE
TO KILL HARD TIMES.
How the Electric Current May gse
UTILIZED 10 Set the Wheels of In.
dustry Into M0tiOn-A Few Prac-
teal NuggesttOnS.

Gen. Hazard Stevens, in an "intcr-
view" published in the Olympian
shows that the tidal wave in the af-
fairs of men which taken at its flood
leads to fame and fortune, or ne
elected results in disaster, if not ruin,
has well nigh reached its eliminating
point so far as this community is con-
ccrncd, and how veal or woe rests in
the proper Use of the advantages that
have been acquired by n combination
of fortuitous circumstances. 1t is be-
licved that the plan outlined by the
General will strike the public as being
well considered and feasible. There
can surely be enough confidence"
developed, in Il community SO largely
dependent upon this aid, to secure
subscriptions to stock of 4 company
which has been cleared from financial
embarrassment and that has demon
strated its capability for paying more
than operating expenses during the
most protracted season of financial
depression and before it was armed
with the resources it has lately de-
veloped. Here is what Gen. Stevens
avs:
"The electric light and power plant
offers the most effective and available
means of building up the growth and
prosperity of this community. BY de-
velOping the water power controlled by
this plant the strongest inducements in
the way of cheap power, and good sites
or locations, can be offered manufac-
turers, and in this way tlourishing in
duries can be started, which, even tho
small at first, VIII increase, and attract
others i'll due time, until the whole fine
power of the Des Chuttes is utilized,
furnishing work and wages to thousands
of busy hands. Already the Capital
Brewery and Des Chuttes FIGURING mills
have been gained by the advantage of
cheap power. Neither of them would
have started there had it not been for
this inducement.
This plant with an improvement not
exceeding $4,000 in cost, could within
two months furnish 800 horse power in
then be in position to attract new in
dustries.
Whether or not this be done and
any effort made to improve the cOndi-
ton of things here in Olympia depends
wholly upon Olympia herself. If her
business men have not lost all hope of
the future or present business enterprise
they will seize and avail themselves OF
these means.
at is certain that the bondholders
who have been forced to buy in the
plant will not put another dollar in it.
They have just contributed $4,000 in
cash, being 800 per bond, which will be
sufficient to clear off the costs OF fore
closure, liens and four years taxes and
leave the plant free and clear. If it cam
not hereafter find support in Olympia it
will have to go under. Any part that
fails to pay expenses must be discon-
tinued until, if worst comes to the worst,
the whole thing is reduced to furnishing
light and power-both the gas works
and street railway being abandoned.
1--WE do not believe that such a result
is probable or even possible. There is
too much at stake, the means are too
practicable and too easily attainable for
the people here to suffer them to 90 by
default. On the other hand, thai bond
holders must realize how greatly the
good will and corporation of the people
towards the plant will conduce to it sue
cessful operation.
There is here mutual and common
interest which can be best promoted by
both parties uniting and working to-
gether. 1t only needs that just, rea-
sonable and practicable plan be sug-
gested, and it will be adopted and
carried out successfully beyond doubt"