The Chickasha daily express. (Chickasha, Indian Territory [Okla.]) 1899-current, 1907-08-22

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than fo he legitimate Gaz1-et Cf ne
buzlzesA Then again tEsrs z-s
stock cz scaemeg that ore-zte e
coHzec11z with ths bozEs Dlar azE 4
las been knGTn that hzz1rs.4s q.
thosszzez e dollars hzTs been l9zt b
rsop1s znxsoEs 10 sarrAer the nznu-
facturizz interests of t1sir home
roWzz
Numerous manufacturing eenterz
have been gradually built D thr0rgh
the right Kind Of cooperation 81 the
citlzeEs- There is one prosperous city
n nlInoss that oFes its activity main
y 70 TIE plans DErsued b. Al enter
prszlng class q Swedish cltizezs. whC
some 50 years ago organized q
gNedsgA Aid society. This soeietT ad
vaHced m0ney 10 worthy workers whc
desired to engage fn business. Ofaceri
of the society supervised the business
70 = great extent, and small concerns
which we're established have grown q
be factories whose output run vel q.
into the millions annually This ar
society Ioaned money % be repais
from the profits of the business. TIT
plan vas : successful one.
The system here referred To sug
geats a means whereby each town d
city which desires to build up manu-
featuring interests can DO 50 At IN
minimum cost; that is. that the dan
gers and objections offered By III
Z bonus systems are entirely eliminated
as Is also the chance for promoters q
reap q harvest through the exploits
ton Of unsound enterprises. Thi
I plan Involves the Incorporation of
promoting company. Local capita
may be subscribed TO whatever exten
is deemed expedient. TO illustrate
II an Organization be formed 9ita so
900 capital. 10000 Of this capltzi ca
be emplOyed IN the equipment of
building for manufacturing purpose.
This building can have facilities 70
half a dozen 10 a dozen small mani
featuring concerns. The power necei
sary may be supplied from . genera
2 power plant The machinery for mar
ufacturing can be installed as requires
] A board Of directors shall be selecte
to oversee the business. Wheneye
a small enterprise Is found 70 be seei
ing q location, the directors are en-
powered 70 negotiate FOR its locatio
in the town. The concern may be Ii
c0rD0rated and a small amount {
stock taken by the holding COMPANY
Facilities for manufacturing and ma
keting whatever the product may b
are afforded. II the enterprise prove
successful It can be moved from th
experimental station into a separai
building. the holding company lnves
Ing In its stock, and the dividends o
the stock can be placed IN the gener'
fund for the extension Of other ente
prises. Should an enterprise prove
be lacking IN merit Il can be disearl
ed In fhis manner from half a doze
10 a dozen different enterprises ca
be carried on and thoroughly tested q
to practical workings. Of course.
must not be expected that all Of n
undertakings viii prove auceessfu
bas II good judgment bs used II seIee
ing enterprises. a large percentaa
will prove profitable Those who 81
scribe for the stock OF the holdlH
: company can be compensated By r
ceivIng an equitable percentage upc
the amount invested in stock.
This plan eliminates the objectlo
able features Of granting bonuses an
the subscribing for stock in concen
that are IN embryo stage and pure
experiments.
? --s------a"t-@---
Ho cood 81 7~..,.