Daily press. [volume] (Newport News, Va.) 1896-current, 1899-11-15
Mr.. Huntington Thinking Of Lo.
eating a Cotton Mil Here.
TALKS OF THE COMBINATION
Proposed Trust Is to Small He sars.
Th'n Yard Valued at Twenty
Million by Iteelf.

Mr. Coils F. Huntington, owner of
the big shipyard here. is contemplating
the establishment at Newport News Of
a large cotton mill to give employment
to women anu children.
This statement is made by Mr.. Hunt
1ngton himself, and it is believed that
at no distant date he Will have some
tnlng to communicate in this connec-
ton which will be especially interest
ing to the people or this city.
In speaking with a reporter for the
New York Tribune. relative to the pro-
posed consolidation Of the five big
American shipyards, his own included
Mr. Huntington had this to say among
other interesting things:
one reason Why I do not want To
part with my shipyard is that am eS
perimenting with labor. am thinking
OF putting up cotton mill to give
some light work to the women and the
children Of the .nen employed in the
come
70 say such an industry here would
ne we'cume is putting it only mildly,
IS Mr. Huntington well knows. a cot
ton mill backed by the great multi
millionaire would be received with
open arms.
The Daily Press has frequent
~ called attention to tn: necessity of
establishing in Newport News an in
dustrS which would give light employ
1ncnt to women ana children and if Mr.
f1untlnSton puts his plans into cxcn1-
tlon he Will fill a long felt want a
cotton mill would be Welcomed at this
time moro eagerly than any other IN
cnstrS. re-: the simple reason that ii
would afford 4 better opportunity than
anything else for women and children
10 earn honest dollars.
MI. Huntington says he VIII readily
enter a combination OF shipyard inter
ests II he can get his price for the big
plant at Newport News. but he values
tne Sara at almost as much as the
hackers Of the proposed combine have
stated that they would capitalize the
new concern. In speaking Of the con
Soidat!on scheme, Mr.. Huntington has
this to say in the New York Tribune:
about = month ago 6. +: Candy:
manager Of the Ensign Car Works. or
Huntington, w. Va. asked me if
would go into a combination Of ship
Yards. haven't given 4 thought to .hc
matter and do not Know anything
about the proposed combination. / do
snow one thing. however, and that is,
l have the best shipyard in the world
also know the ScligWans are large
owners in the Cramps shipyard The
dispatch speaks of the concerns men
TONED as being worth more than $40
ooo00O. That is undoubtedly true. as
Salde my shipSard at about that figure
would dispose of it. however, and
should not ask that price, but I should
want to get what it cost me. The ship
yard at Newport News, Va, is mine.
and is not lnOrtgaged
1t was my original intention to
start a shiryard plant ia the best loca-
ton in the world and I succeeded in
my purpose 1t is right at the gateway
Of the sea. There is never any ice in
me winter, and it is never SO cold but
you can hammer metal out OF doors.
Shlps can also get coal there Of the
oeSt. and as cheap IS anywhere
would put my shipyard into the
combination if l got my price, and also
take some stock, but the United States
jefferson Scigman of the banking
frm back of the project, is quoted as
follows IN reference to the shipyard
combine:
The subject of a con,bna ton of
leading shipEards Of the United States
IS as vet in embryo. 1t has been talked
OF, but it is too soon to speak about it:
1t is all in the air. The shipyarGs are
all doing good business, and the
cramps, IN which we have large in
terest, are particularly busy just now
There are perhaps eight or ten lead
ing shlpyards in the country and all
are getting big demands from foreign
nations to build their ships The work
our ships did at Santiago and Manila
ana their great endurance have at
tracted the attention Of foreign powers
the Cramps especially have orders
from Japan and Russia The ship
yards are making SO much money at
present that they may not care to enter
into a combination There is no other
firm associated with us in the matter
II cannot say anything as to the
shipyards mentioned in the dispatch.
beyond what l have said about the
Cramps The year, however. is draw
1ns to Il close and nothing may be done
at present. The statement that the
consolidated value Of the shipyarls
mentioned in the dispatch exceeds $50,
100000 is correct"