The age-herald., 1898-10-25

south for investment, and also immediate
 ly in the wake of our great steel mill. rpeH
 building, would herald to the world the news of our admirable situation, proving
 our many resources in raw materials and denominate Birmingham as the leading manufacturing center of the south. It
 will beget confidence in ourselves, and in- augurate at once permanent, abiding prosperity.
 Enthusiastically Endorsed Mr. Jemison supplemented the report
 with few remarks, stating that he had personally investigated the standing of the wagon concern and had found that it was first-elass in every particular, having am- pie capital to carry out its proposition.
 N. W. Malone chairman of the manurae- turing committee, and a member of the special committee, stated that the commit | tee had gone as far as possible. and thought that the meeting would like to hear iron others
 Rufus N. Rhodes was called upon and enthusiastically indorsed the report, stat ing that he was in favor of diversified in- dustries and everything that would mean
 more pay rolls, which he thought was the way to make Greater Birmingham" General c. M. Shelly asked as a question of information whether or not the money would be subscription for stock of a straightout donation.
 MT. Steiner explained that the money was in the nature of donation, which would partially reimburse the manufac- turers for the expenses and losses they
 would entail by reason of the removal Sig Steiner, chairman of the committee. explained that 1000 in building material | left in reality only $t600O to be raised in | cash, of which amount sS,5O0 was in sight
 He also stated that the necessary land had been offered.
 E. B. Miller the commercial agent, who has engineered the deal, was called upon and gave a detailed explanation of the propositions, stating that he had personal ly investigated the plants and had found everything as represented. The represen- tative of the wagon factory had been here and favored locating in the upper part of the velley, contingent to the timber in that section, which is sufficient for about ten years cut. The factory would use be- tween seven and eight thousand spokes per day, which would be brought in by farm CTS, who would receive cent a piece for them.
 John W. Tomlinson stated that he was not familiar with the details, but that he heartily indorsed the movement. General Shelly moved that the special committee be instructed to canvass the city to see if the money could be raised. MT. Rhodes asked if the committee had outlined any plan or had considered the feasibility of raising the money. In reply MT. Jemison stated that in the beginning he doubted if the amount could be raised, but t0dI ne was alone ln ms uOuDIS, the OtHef members of the committee being enthus- iastically of the opinion that the necessary amount would be forthcoming. He ex- plained that he had had some experience in soliciting and thought it was easiest to raise $150,000 as subscriptions for stock than $21 900 as donations. nec9 Nnety-seven per cent of the s160.000 subr
 scribed by the citizens of Birmingham to the cotton mill had been paid, which he thought was a fine showing. sft q
 To Exempt Manufactories Mayor Evans was called upon and stated that while he was not familiar with the details, that he believed in encouraging
 manufacturing enterprises. He said that
 a great deal had hee-'-sai1 lately about
 tax on manufacturing plants and that he was happy to see that prominent lawyer
 of the state has declared that under the constitution, manufacturing enterprises can be exempted from taxation in Alabama.
 He further said that clause would be inserted in the new charter, which he and
 City Attorney Lowe are drawing up, ex- empting manufacturing enterprises from
 taxation for period of years. fHi
 M. ". Joseph, of Loyeman, Joseph &
 Loeb. responded to the call of the cf1air-'
 man and warmly indorsed the proposition
 stating that he thought 1t a wise invest
 ment. The report he said, was along the
 line of the work of the Commercial club and he thought that the money could be raised. He thought that every business man should contribute his share towards securing manufacturing enterprises, which would be returned in the shape of increased business. ls.f .. eH
 In conclusion, MT. Joseph pledged his in diyidual and the report of the interests which he represents towards the proposi- ton.
 M C. Reynolds of the Reynolds Lumber company, asked if these men were willing
 to comply with their part of the agreement
 before the money was paid to them.
 MT. Jemison explained that the wagon
 factory people did not want dollar until
 they were ready to start their plant, but did want security for the amount. It was
 also explained that the other people did not ask for the payment of the money un-
 til they were willing to begin work. Suburban Mayors
 Mayor Hood of Woodlawn was called on and stated that Woodlawn was willing to help secure the industries, and, while they did not have much money, they had plenty of land which he thought could be gotten. Mayor Elard of Avondale stated that Avondale had taken no action in the prem ises, but that they believed in manufactur ing enterprises, and the citizens he thought would help to secure them.
 Colonel A. M Shook said that while iron and steel was his speciality, that he was somewhat familiar with wagon factories. A plant of 25,000 annual capacity would
 
 lars, and if :. could be secured for $2L0OO he thought it an excellent investment. MT. Miller stated that the southern wagon factories located at Memphis, Chattanooga Atlanta and other points were far behind with orders, some of them being sold ahead for more than a year.
 A H. Sims, of Woodlawn, stated that the citizens of Woodlawn had understood that the plants had been secured and that $2, 900 had been demanded of Woodlawn which they had come prepared to meet. Enthusiastic speeches were made by President Jackson, of the Huston Biscuit company; President J. B. Cobb, of the Berney National bank; J. D. Chichester and others, who pledged their support to the movement N ". Malone heartily indorsed the prop osition and pledged $500 towards raising the necessary amount. MT. Rhodes moved that a committee of nine be appointed by the chair, who shall raise $21 ,0O0 to secure the industries T. c. Thompson offered amendment which