Okolona messenger. (Okolona, Miss.) 1900-current, 1904-08-03
HATrlEsBuac HAS THE HIGHT
IDEA.

tdAH Us - ugA AAN hNeN N
procedure. There are times and
when concessions can be
made, and it not infrequentIy oc
ours that it would be the wisest
and best move. Any business
that meets a payroll every Satur.
day or twice-a-month Is cOntribus
Jog in a large measure to the sup
port OF a town. It increases the
population, puts more property
on the assessment rolls by Great
ing a demand for houses and adds
to the prosperity OF the cOmmuni.
ty by the payroll which is passed
around through every channel Of
local commerce or trade.
In view Of these facts, we say
that when Hattiesburg made q
kink in its city limits SO as to
place the Newman Lumber Com
pany plants outside it's corporate
lines, for the purpose OF holding
the company, the town council
really made a good move. The
State Revenue Agent attacked the
ordinance changing the lines, as
illegal and sought to recover back
taxes on the plant, but Judge Nc
Dopald, in the Perry county Cir.
cult Court decided against the
Revenue Agent and dismissed the
suit. This case was reported in
our telegraphic dispatches yester-
day morning, but it is germane to
the case to say that the company
property was assessed at $241, 900
by the Revenue Agent, who
sought to collect the sun of $4,-
056 as the tax for three years.
In order to be more explicit up
on the subject of Offering cOpces-
sions to a corporation, We should
say that when factories or manu-
featuring plants are installed in
the South, they are compelled to
compete with old established
plants up the country. The old
established plants have, and con
tinue TO hold the local trade. On
account OF having earned the mon
ey originally invested in the plant
they can undersell or give rebates
to customers and still clear q prof
1t, whereas the new institutution
is compelled to market it's goods
at q price that will enable il to
earn the money invested in les
home and machinery, depending
upon future business In a market
frightened by the close competition
OF sold companies, and the further
fact that up.cOuntry factories can
secure better freight rates to the
distributing market. The reader
will recall the fact that whenever
a plant from some place in the
North announces a determination
to move South where the raw ma.
terial can be had in ample abun
dance and right at its very door,
the plant calls for a site and a DO.
nus. The Litchfeld Gar Works,
Of Litchfeld, Ill, called on Mem
phis, Tenn, for the site and DO
nus and got both. A number OF
cities in the State gave sites and
bonuses TO secure the location Of
manufacturing plants. Today
YazOO City Is raising 3 bonus for
the location Of a spoke factory in
that city. The raw material for
the use Of the plant is to be had
around Yazoo City, but the pro-
moters Of the plant want 3 bonus
as well as a location in the heart
OF the timber that this company
must have to work up into q mar.
ketable product.
The State Legislature realized
and appreciated the urgent neCes-
sity Of doing something for The
purpose Of inducing manufactur.
els to invest their money in man
uiaotuFing industries IN this State.
The method adopted vas an act
granting such companies an ex-
empti0n from taxation for aperiod