The morning news. [volume] (Savannah, Ga.) 1887-1900, 1900-03-06
INDUSTRIAL FUND STARTED.
NEARLY $4,000 SUBSCRIBED By
COMNITTEEMEN LAST NIGHT.

Time Committeeman Showed
Their Faith by Their Subscript-
ions--The work of Canvassing to
he Pushed Actively This Week.
Explicitly stated That the Capital
of the Association Is 10 BE an In
vestment and Not for Purposes of
Donation.
A very fair beginning on the way to the
$4,000 subscription to the capital stock
of the Savannah Industrial Association
was made last night The canvassing
commttees had been called by their chair
men to meet at the Metropolitan for the
purpose of discussing the work, and par
tlcularly for obtaining Information upon
points upon which the committeeman
were in doubt.
on account of the very bad weather of
last week several of the Committees had
failed to get together, and the absence of
several Of the chairmen from the city had
prevented others from beginning work. 1t
was found that only a few of the commit
ices had begun active work One of these
the one headed by Mr.. William Kehoe
had secured subscriptions amounting to
$2000.
Several of those present were on hand
for the first time and ii was necessary
for the chairman 10 enter into considerable
explanation as TO the duties of dhe COM
mitteemen and the methods which it was
proposed to pursue. The idea that the
fund to be raised was to be for a specl-
fed object SUN prevailed in the minds of
of inc "a
spent in discussing this point and in max
ing il understood that the capital TO be
subscribed was TO be used for the general
purpose OF advancing manufacturing in
dustries in Savannah that it was not 90
be given away in donations for the pur-
pose Of inducing manufactures 10 locate
here, but is TO be invested by the directors,
who will be elected by the subscribers,
in such manufacturing industries as may
be established here and in such other ways
as viii conduce to the desired end, the
purpose being to make the stock paying
investment to the subscribers.
After these points had been disposed of
there was a lull, during which the chair
man suggested that though the meeting
had not been called for the purpose, it
would be well to open the subscription lists
and make a beginning at once. The sug-
gestiOn was discussed and met with evil
dent approval. A motion by Mr.. l. Col
lat, seconded by Mr. Charles Marks, that
a subscription hist be opened at once, was
carried without opposition. Mr.. II. II.
Livingston offered as an amendment that
two lists be opened, one for the Industrial
Association and the other for a cotton
factory, but the amendment did not meet
with a second.
1t was evident that there was a spirit of
emulation among the chairmen of the diff
ferent district committees, and it was
agreed IN al 10
scriptiins taken on the general list should
be transferred to the proper district lists.
This being agreed upon, the committee
men present promptly began to put down
their names. There were just thirty gem
tlemen present, the majority of whom put
down their names for sums ranging from
$l00 to $1000. Several of those who did not
subscribe announced their intention of do
ing so, 1t being necessary for them 10 con-
suit with their business associates.
When the subscriptions We're footed up
ii was found that the sum total amounted
to $3.50 This announcement by the
chairman was received with applause. In
view of the fact that only a minority of
the committeeman were present, few of
whom had come prepared to subscribe, it
was agreed that the showing was very
satisfactory one. 1t was stated that there
were several Isis out in the hands of
chairnen who were not present at the
meeting with subscriptions which would
easily bring the total amount subscribed
to above $4,000.
Col. Esti1, the chairman. enjoined
upon the committeeman present the ne
cessity of getting promptly to work, by
calling meetings of their committees and
arranging for thorough canvass of their
districts. 1t was agreed that each com
mtttee should stick to its district, though
Il was understood that no committeeman
should refuse a subscription from any
source.
Those present at the meeting were Col
j. Fl. Estin, chairman; A. S. Nichols
acting secretary; William Kehoe, D. B.
Lester, Nicholas Lang, Il. II. Levy, John
NJ. Egan, Joseph Rosenheim w. E VIM
py. Charles Marks, A w Morehouse, II
II. Livingston, Joseph w. jackson, Abram
Minis Rev. c. II. Strong, COL William
Garrard. Frank c. Battey, Edward G.
Black. W. c. \. Dierks. f. d. Bloodworth
s. krouskoff d. Y Dancy, John Derst
=, A. Stovan q. II. Remshart. E. j.
Thomas, f. a. Bryson, II. F. Train, Isa-
dore Collat, r. G. Trezevant Is. II. Apple
c. f. Fulton.
In the preliminary discussion Col Car
rard brought to the attention of the
meeting the need for an amendment 10
the const tuition of the state permitting
cities to exempt from taxation for a term
of years new manufac turing ind1str es An
committee from the city Council during
the former administration of Mayor NV
ers, he sale but as the matter was taken
up la'e in the session, the committee did
not succ ed in getting the question fairly
presented to the Legislature, which was
at that time engrossed in other business.
Such an Amendment would be of great
advantage to Savannah and other cities
seeking TO secure manufacturing indus
tries and Col. Garrard suggested the an
pointment Of a committee for the pur-
Pose Of enlisting the other cities Of the
state in The movement. When properly
understood, he said, there could be no OBJ
Jecti-n 20 such an amendment on the part
of the country members Of the Iegisfa-
ture as the amendment would not affect
the taxes OF the state in any way, except
by increasing the amount Of taxable prop
erty, and the country counties could not
he injuIiously affected in any way by such
action on The part Of the cities. on the
other hand it would be a very considera-
bile inducement On the part of the CITY
to offer to new enterprises Col Garrard's
remarks were received with aDprova1 and