The Monte Vista journal. (Monte Vista, Rio Grande County, Colo.) 1888-1921, 1907-08-31
BUILDING UPBUS|NESS
AN ORIGINAL PLAN TO TEST
NEW ENTERPRISES.
AN INDUSTRY INCUBATOR
eusssstlons ~ to Assisting Small
Manufacturers Toward success
and Helping Town Interests.

MISUNDERSTANDING sO"asS SOS~S0O
and Helping Town Interests.
Regardless Of the magnitude Of Q
city or town there must be employ
ment for the people. In fact, popula-
ton Of any city depends upon the op-
portunity that 1t may afford the resi-
dents gaining . livelihood. The agri-
cultural town receives its support from
whatever mercantile trafic 1t can gain
from contiguous territory. and what
industries in the manufacturing limo
that can be advantageously conducted.
The city draws support from the
smaller towns in an area Of country,
which. owing to its geographical posi-
ton and what other advantages 1t may
have. It may command the trade Of.
It 10 to the advantage Of every
town to have as many manufacturing
plants - can be probably operated.
Natural conditions regulate manufac-
turing to . great extent. Transporta-
ton facilities. the cost of raw material
and fuel are highly important factors:
yet there are certain lines Of small
manufacturing that can be we'll car
ried ON in any community II only
rightly managed. For many years
ambitious towns have followed the
practice Of offering bonuses to manu-
featuring concerns in order to sseare
their location. The bonus system has
not always operated satisfactorily.
Too often promoters Of manufacturing
enterprises look to the bonus offered
~ . means Of making profit rather
than to the legitimate conduct Of the
business. Then. again. there are
stock. jobbing schemes that operate in
connection with the bonus plan. and It
has been known that hundreds OF
Thousands OF dollars have been lost by
people anxious to further the manu-
featuring interests of their home
towns.
Numerous manufacturing centers
have been gradually built up through
the right kind Of cooperation Of the
citizens. There IL one prosperous city
In Illinois that owes Its activity main.
" to the plans pursued by an enter.
prising class Of Swedish citizens. who
some 30 years ago organised q
Swedish Aid society. This society ad-
vanced money to worthy workers who
desired to engage In business. Omcers
OF the society supervised the business
to great extent. and small concerns
which were established have grown to
be factories whose output run we'll up
into the millions annually. This aid
society loaned money to be repaid
from the profits Of the business. The
plan was . successful one.
The system here referred to sug.
gests . means whereby each town or
city which desires to build up manu-.
featuring interests can do 20 at the
minimum cost: that u. that the dan.
gers and objections offered by the
bonus systems are eaeirely eliminated.
- IL also the chance for promoters to
reap . harvest through the exploita.
ton Of unsound enterprises. This
plan involves the incorporation Of q
promoting company. Local capital
may b subscribed to whatever extent
10 deemed expedient. To illustrate:
II an equalization be formed with 32s,.
900 capital. $4,000 OF this capital can
b employed In the equipment OF .
building for manufacturing purposes.
This building can have facilities for
half dosen 70 Q dosea small manu-.
SActurinS c0ncsrns. The power necos.
sasy may b supplied from . general
power plant The machinery for man.
tfacturinS can b Installed - required.
A board q directors shall be selected
70 ovofsee the business. Whenever
small enterprise 10 found to b seek.
ing . location. the directors are EN-.
powered 70 negotiate for it, location