The Montgomery advertiser., 1906-04-18
COMMERCIAL CLUB HEARS
 FIGURES ON QTY'S GROWTH

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 this preleminary training. And yet
 youtS of tha snd for saed MorR the trades, as mechanics, as workers in the steel mills, where we need him most in the development of the South. he declared, which is the greatest drawback to our development in the South today. The speaker pointed out that the industrial development of the years has gone forward more rapidly than the country has been prepared for it.
 This development" he said, has the threshold of achievement. and we are absolutely palsied by the lack of workers who can aid and carry it on.
 You want 100000 population in
 fer to those who come here. unless
 you are prepared to help them in their
 work Money is helpless without brain and skilled hands around 1t to make
 confronts the South today is skilled labor"
 The speaker here referred to. the
 troubles between capital and labor
 in the industrial life of the North. :.
 We hear a tremendous amount ot talk about soulless capital. The man who dares to stand by and say that taDOT IS SOulleSS IS DTdHucu dS d poii" tician, and sometimes as a, commer- eial outcast. And yet. capital Is an inspiration, an incentive to go forward, a means for carrying on great works |.has been proving an obstacle to this progress, and it is fast becoming menace.
 If the present differences between will be settled by those who have been so trained both in the handling of capital and trained in labor, and who have been so trained that they will De able to comprehend and understand and recognize the mutual position each bears to the other. You can not teach the adult mind. When a man has reached the age of maturity he be- teach the mind of youth, and 1t is for
 this that the school l represent stands"
 have now developed the natural re, sources in our property in that state. | the, capitalist was quoted as saying, | but are. at a standstill for skilled labor to carry on our work.
 The method by which the school is to be supported, he stated. would be by fered a site for the institution, and other cities all over the South are go- ing to be asked to assist In the work; The education of boys along industrial
  troubles of the South, and this educa- tion can be accomplished. with earnest support. in a comparatively few years: If the people of Alabama will put their shoulder to the wheel he declared. greater returns will come to capital
 in all branches by the development of
 raw labor into finished product than Tn
 the development of any other resource. At the close of Dr. McMullen's ad- dress, a resolution was made by F. P. Chaffee, that the Commercial Club Of AeI q q
 being heartily in favor of the Ala bama Trade School for White Boys. and pledging it's hearty sympathy with the
 With the opening of the regular busi- mess session of the evening a partial re-
 port of the work of the Committee on
 Banking and Trade Statistics, was sub
 of that body. This report contained a
 review of the amount of business done
 in different lines of commercial indus
 try in Montgomery. taken rom rec
 Tn every instance, marked increase
 was shown to have taken place.
 During the last thirteen years. the
 ment in Montgomery county has in-
 creased almost five millions of dollars.
 In 1892. the assessment of the county
 was affixed at $1S.963.3 333. In 1900,
 this amount had Increased to s19.957,-
 94S, and last year, the books of the
 county assessor show total of $23,-
 533,274, The greatest percentage ln-
 crease has been within the City of
 Montgomery. where the assessed val
 uatiori of property has grown from s12.556.770 in 1900. to $17,l46,s27 In
 In the section of the report dealing with the banks of the city It was stated that the capital stock represented by inc different banking institutions of Montgomery. amounts to $1.175.000; the surnilis to $54S,401; with deposits az gregating s6.7S1.s7s and loans and dis Tn Ie00. the total amount received by
 the city from the collection of license