Lewiston evening teller. [volume] (Lewiston, Idaho) 1903-1911, 1904-01-02
PAPER MILLS FOR LEWISTON
AMONG The POSSIBILITIES
Mr.. L. A. Porter Returns from a Trip to the
East and Tells of One of IdahO'S
Attractive inducements

Mr.. L. A. Porter and Mrs. Porter re-
turned last night from an extended
trip to eastern cities where they visited
friends and acquaintances.
When seen this morning Mr.. Porter
stated that their trip east was made
mainly for rest and pleasure, but while
in the eastern cities he looked into
matters that might be of interest to
the welfare of Idaho and the Lewiston
valley.
About year ago Mr.. Porter brought
up the matter of paper mills that could
be established In this section, and
stated that while in New York city he
conferred with capitalists in relation
to that industry. In speaking of the
matter to a Teller representative today
Mr.. Porter said:
Zone of the subjects which I took up
while I'm New York city was concern
ing the paper mills which it is possible
that at some future day Idaho may Sc
cure. / conferred with friends of James
J. Hill, president of the Great Northern
railroad, who are much interested in
projects of this nature, and was as
sured that as soon as matters could be
arranged at this end that these parties
could be induced to enter this field.
1T is q well known fact that the
White Fir in this country Is peculiarly
adapted for use in making paper and
while there is an abundance of 1t here
T.. fSvs
industry of this kind.
II have nothing definite to say in
regard to the matter at this time, as
1t is one for the Commercial club and
other bodies of Lewiston to take up.
Sites must be secured for these mills
and power arranged for, after which 1t
would be in tangible shape to present
TO these capitalists.
Not alone are these people interest
ed in the paper mill matters but much
interest in shown at our great posi-
bilities for -four mills. At st. Paul
and Minneapolis the -four mills are
supplying -four for the trade in the
Orient and 1t is but question of time
when those interested will look to the
great west where the cost of produc-
ton can be reduced materially as well
as the cost of transportating the pro-
duct to the coast. Lewiston is as good
a location as any place in the west for
flour mills and when the matter is TAX
en- up properly here and presented to
the capital that is waiting in the east,
1t will be met and acted upon favor
ably
Idaho is coming to the front rapidly
as one OF the new fields for investment
and capital is being attracted this way
that will be hard to stay"
When asked as to whether there was
a depression of the money market in
the east, Mr.. Porter said:
"There is no depression but capital
is holding back, they are not eager to
put their money in speculative schemes
but have plenty of money for legiti-
mate investments. The east looks on
the west as sound and there is no
feeling of panicky times such as the
eastern papers seem TO herald.
In Chicago and in fact the further
west one goes from New York the con-
ditions seem to warrant continued
prosperity. While the banks are not
making heavy loans, private capital is
putting out its money in enterprises
that appear and are legitimate"
Il visited Grand Rapids and other
manufacturing cities in Michigan and
after careful examination of condi-
lions, I am more firmly convinced than
ever that with the manifold induce
ments offered by Idaho for investment.
where the material, the power and the
energy is located, she has in store
wonderful opportunities for advance
ment in the very near future.
Il find, however that the lumber
market in the east is much depressed.