The Delta independent., 1910-03-18

The erection of a beet sugar fac
tory in the town of Delta will mean
that within a little more than a
year from the time work is started
on the construction of a plant
over sl.0OO.OOO will be disbursed
in the town of Delta a good part
OF which will remain in the pock-
cts of our merchants. farmers and
business men Isn't it worth while
to work hard to secure such an in
stitution?
The Business Mems Association
has started the movement for fac
tory. and there are now splendid
prospects that it will be carried on
to successful completion. The as
sociation. however. cannot do thor
oughly effective work unless II is
assured of the united and hearty
support of all the citizens of the
community.
No person who is at all familiar
with the operations of such fac
tory can fail to see its tremendous
advantages to any city. To build
n coo ton plant and start a cam
paign will require the expenditure
of about 100000. A large part of
this money will be spent in Delta
for materials. labor. etc. and as a
result will cause an increased ac-
tivity in every line of business.
During the fall campaign. which
will last about 100 days, several
hundred men will be employed all
OF whom must live In Delta. buy
- al arrh m -
and distribute Smong business men
generally the thousands of dollars
which will be paid them in wages.
The products of such n factory Will
bring In the neighborhood of $780,
600 per annum and this money will
be paid to the Delta company. As
II is now our country sends two
thirds of the beets used In the OPP
Grafton of the Grand Junction fac
tory, but benefits only from the mon
ey paid to the farmers. while the
money derived from the sale of the
sugar and expended in its manufac-
ture goes to Grand Junction.
The annual expenses of the fac
tory would be over half million
dollars, and this money would be
disbursed largely in Delta and VI
cinity. Is there the slightest doubt
that the business of the town would
be doubled. or even tripledY III
you think there is ask any business
man in community where such n
factory has been established.
The large increase in the popula-
ton which would follow would ma
turally bring about greater proper
ty values, and there is every rea-
son to believe that real estate would
be worth practically twice what 1t Is
now. This is one OF the reasons
why every person owning home.
or n piece of vacant property in or
near Delta. should take an active.
energetic interest in securing the
factory.
II is quite as much n question of
personal interest as of public spir-
Il that is bound to animate the
boosters for the factory. and 1t is
entirely proper that this should be
80,
The Business Mems Association
has already secured the incorpora-
tion of the company. had the best
legal talent obtainable draw up
contracts for stock subscriptions.
secured advice from experts OF long
experience as to the probable re-
ceipts. expenses and profits. and
completed all preliminary work 1t
is now trying to sell part of the
stock to the people of Delta, in or
der that outside capitalists. who will
be called upon to put up three
fourths of the money. can he as
sured that local people think that
the enterprise Will be profitable,
and also the local stockholders on
the ground will safeguard the inter-
ests of the company. With the
proper support and assistance in rails
ing the comparatively small amount
that is asked of the people of this
vicinity. there is no doubt that the
balance can easily be secured on
the outside.
The Investment in sugar stock Is
particularly attractive. The divi-