Rock Island Argus. (Rock Island, Ill.) 1893-1920, 1907-05-08

men who had just paid money for the
ST., 900 fund, proves that the clubs ef,
forts are appreciated.
IN a general way, every one knows
that Terre Hautes boom in the last
seven years, nearly doubling in popu-
latiOn and with every class of people
prosperous, was primarily due to the
Commercial club, but it was feared the
earlier contributors might think they
had done their part. Instead some Of
the larger contributions are sent IL
with the word that the contributors
feel they have got back their money
many times over and this is particl
larly true of the retail merchants.
when the Terre Haute list making
up the $4,000 is read, it is seen that
the full amount of S150,000 is easily
within reach. as many who are known
10 be willing TO help along the cause
are not down on the list
president A. Herr of the club hea :,
ed the list with $4,000. Then followed
a number of 81 600 names and again
those with $500 and $500. and last
week a firm of clothing dealers sent in
81 800 with the concise, business like
communication that it was a fine n
vestment for the house to make. The
waterworks company follows with 81
500.
The subscription papers are headed
with the following: In consideration
of the business to accrue to me in this
great undertaking. | hereby agree 10
pay etc. 1t is provided that the c5-
tate of the subscriber shall not &c
held legally responsible, and it is also
provided that not more than % per
cent of the subscriptions shall be is
sessed in one year. except by two
thirds vote of the subscribers. 1t /,
stipulated that if the full amount Of
$3.50 900 is not subscribed. each sub
scriptiOn is to be reduced proportion
ately.
president Herr. Terre Haute's best
known retail merchant. used the ad
vertising space of his store in the
newspapers to advocate the $l50,Oj0
fund"
Almost Doubled Population.
Mr.. Levi read also a letter from Sec
rotary Duncan of the Terre Hautc
Commercial club. i'll which he states
that in the eight years. with an cXpen-
diture of about 100000 in securing
factories. about % such plants had
been located there, representing s.
100000 capital, and giving employment
to something over 5000 people, AMI
that during that time the population
has increased from $1,000 to $1,000.
l.. Simon. after the reading of these
communications. and a little further
discussion, put the proposition straight
out. with a motion that a fund of 100000
be raised to secure new industries cor
Rock Island, and beginning the work
by offering goOdly subscription HIM
self to be binding if the total of $780,
600 was secured. Some thought that
proposition should be raised first, bat
| it seemed the prevailing sentiment
| that the 100000 can be raised as cas-
| lily. and that with the 100000 at hand
| the particular industry in question can
| be cared for out of this fund.
| l.. s. McCabe favored attempting the
smaller fund first but offered a large
subscripriOn-and the subscriptions ii
| fered during the evening ranged vel
into the thousands in amOunt-sinSls
subscriptions of $1,000 and $4,000 an
$4,000 in a lump being made tOwaC
either fund which should be determin
ed upon. l. S. White expressed his N
terest and faith in the project and 4
too made a voluntary subscription
Otto Huber spoke most enthusiastiCa!
ly of the project, and assured his hea:
| " support in the matter. and tinanCia
support to the extent of a Subscriptib }.
in four figures. He said he did no
want to name his subscription finally
because he thought he would be abb
to put several thousand dollars NOR
in than he was prepared to assure a
the time" E w. Lewis stated hi
, firm belief in Rock Island, and urg !
that the enthusiasm of the meeting d
spread so that there might be no fai
ure to secure the good thing offered i
the factory particularly under cQnsiC
Grafton. He too offered his help to tn
best of his ability.
Getting mt it Systematically.
/ H. L. Casteel suggested that the bes
= way to handle the matter, was to nam
\ a committee. and this committee pr
| pare d schedule of the business house
= of the city. propOrtioning the subscri
ton each should be able to make
, such proposition from a measure {
b the benefits which should accrue in
) pure business way, and then presen
:, ing this matter to the people of II
. city in something in the form of an d
Q | sessment. This idea met with fave
, and there was none who did not qua
> antee to allow themselves and the i
Y terests they represent to be so asses
: ed. Mr.. Casteel himself guaranteed
o goodly subscription.
Il Hope Thompson offered his help
3 the best of his means, and spoke mo
! enthusiastically of the project, as OF
Il of the best hings ever undertaken
- | Rncl- leland