Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1897-11-24


o. per. but IL might be found desirable tha
In influential members OF this body Nigh
Id De called upon TO go and see such firm
d as are DESTROYS Of coming here. and CIV
"a them such encouragement as we can OF
J. Ter. think this view should meet witt
the careful attention of all those havinl
n this matter at heart.
: FOLLOW SUCCESSFUL LINES.
! 3. In starting new enterprises our ain
snould De TO follow as closely as possible
III tne Footsteps or those who have made
!, a great success In the same lines. Take
2 Tor instance, the manufacture o, cotton
goods as 1t Is carried on in the counties
, or Lancashire and Yorkshire, and parts
, OK Cheshire and Derbyshire England.
1nese counties OF very limited area have
within their borders more than 40O00 900
splndles, and are sending their products
10 every nation on the face of the earth
me phenomenal success of the cotton
INDUSTRY or England has been very great
~ forwarded by the formation Of cotton
spinning companies under the limited
liabilities act. the price of shares being
put out In small denominations. say s.
each and upwards. and has grown more
than a hundred-fold The Industry has
avalled Itself of the very best mechanical
skill and business knowledge; II has
Drawn It's capital from every class in
the communicative carders. the spin
| ners' the weayers. the overseers the
| managers, and larger capitalists-in fact,
| 1t would seem that the cotton operative
classes, from the managers down. own
| more than one-half of the shares or
| stock in these concerns. Large numbers
OF private cotton manufacturing firms
have capitalized their concerns under the
UNITED liabilities act retaining a large
interest themselves and selling shares to
their employees first, and after they have
taken up such shares as they could the
Dalance have been sold in the open mar |
ket. These firms have found that their |
revenues have been largely increased by |
n fN.f.
work by the small shareholdfng opera- |
yves; they find greater attention to du-
ties, greater economy in the use Of ma
terlal, supplies, and care of machinery;
IN TACT, II is clearly shown that a condi-
ton of things have been wrought out by
inns partial ownership by the operatives |
mat could never have been reached i'm
any other way and for this reason 1
trust that IL any new industries are
started that this feature of small in
terested shareholders may receive spe-
cial prominence.
EVERY MAN DO HIS PART 4.
continuing, Mr.. Greenwood in most
lorcloIe terms, emphasized the necessity
OF every man I'm the city. high and low
putting his shoulder to the wheel ana
urging forward the car of progress He
also dwelt upon the cause of mast fail
ires OF richmond manufacturing enter &
)rlses, which, he thought. was caused
lot by reason OF any lack OF manufac-
urlng facilities in Richmond but chief I
because such enterprises had not 4
manufactured those articles for which
mere was greatest local demand He :.
TSed that EFFORTS be made to secure =
ne location of a plant here for tho 9
of cotton-worl,ing mo r
hinery, and declared that no CITY in the u
ouhtry mad facilities for such an enter u
rise equal TO those possessed by Rich II
lond. Mr.. Trigg was equally as earnest
! urging the Importance of endeavoring al
secure a cotton-mill here. declaring @
lat. despite all statements to the con- W
airy. the profits from cotton manufac- tn
res We're ample. The advantages Of
red by Richmond for the manufacture 20
silks, woodenware. etc, were also re
welt upon by Mr.. Greenwood in elo- of
lent style. 90
TO OUR OWN INTEREST. be
Mr.. Greenwood, in discussing the no lat
ssity Of the businessmen of Rich frt
ond cooperating for the material well an
re or the city, said that it was his Pr
bef that the citizen could easily afford FL
pay a greater price for the domestic Go
ide product, because of the fact that vel
mad an opportunity to some day get --
OK the money spent at home; whereas.
such chance existed as to the dollar .
INT abroad. The further necessity OF
5lness-men responding promptly to
cry call to aid new enterprises was DE,
cit upon in the most earnest manner
lr. Greenwood's address was received
n great enthusiasm. and an ovation
s accorded him at the close. -
n motion of Mr.. Taylor. the thanks
the body were unanimously voted Mr. ~
enwood for his excellent address. IL
Many short Speeches Made. SILL
brief speech Mr. Ware b. Cav non.
ed that Richmond buc 1900
-e and at once to take advantage Of mort
opportunities for the industrial adj =
cement of the city. which were now pi ~
great, and would soon be greater. He Ans,
coated the Improvement Of the water will
er OF richmond and called atten- Fiftl
to the great possibilities for develop -
{ in the Richmond coa-feld He
ecated the lack of a helpful spirit
ting among the citizens of Richmond.
urged hearty cooperation.
;. Gay was asked why our manufac- | goir.
RS did not use Richmond coal. and. | I'm
If the National Government had not Polio
an expert to examine Virginia for
fields. He replied that this expert Move
essor Rogers. after examining the publi
fields Of West Virginia. and en-
ng upon their richness, declared that ITO I
were not nearly so rich as those -
lie Richmond field
h. "A. Catlin moved that the com on,
e which had the meeting in charge
to arrange for meetings TIL
similar character to be held every STOC
er. Mr. Catlin asked further, as a will B
ical mark Of readiness to aid in cembt
ating local enterprise thar ali ,vbo No.
pledge themselves to use only
nond-made flour to stand up. A no o
er of gentlemen arose. -
BRING NEW ENTERPRISES.
Nirginius Newton suggested that "-"~1D0~'-
Committee on New Enterprises be
he'd with a fund for the purpose DIX.
ingine new manufacturipg 49, Swans
10 this city. Collec.
5. Dabney Crenshaw moved that. - :
d OF the committee being entrust-
tn the work Of bringing manufac- ALL
to Richmond, one man be intrust- VIII be-
n this duty. WIN y
Catlin supported NJ. Crenshaw's W INC" IA
'tion in an earnest speech. turned
Christian cited an instance I'm collect
Richmond had lost an enterprise
"''' 'e'' no q
Gordon spoke briefly in support Of Tire
enshaws motion. STAT
Terry cited the testimony Of due, an
IN manufacturer that Massachu NoYeml
vas the most unfavorable State In cent
lion in which to manufacture cot nsm i -
nd that the drift of this industry3l hills
eadily southwark. Fiduc
Greenwood urged that the Cham taxes c
re steps TO prevent legislative ac-
terfering with private contracts