Ottumwa tri-weekly courier. [volume] (Ottumwa, Iowa) 1903-1916, 1910-03-19
OTTuMWA Will
REACH out FOR
MORE FACTORIES
Continued From Page ~

D cnance, nOlu Oh Wv .A6h' ~
purse strings, and have perhaps an
early day idea of investing, but ! ne
lieve that Ottumwa must get IN thls
competition of town and men IN towns
and take the chance. The nran VINO
confines himself to the business IN
which he is solely interested, makes
grave mistake. They are the ones that
wake up and find that they have lost
the plum by not stretching out. VIC
should Let Co. Let Go, and When
( we do, we will reap the benefits
President W. I. Harper of the Com
Gaercial association was in favor OF the
Man and brought out the thought that
he had no doubt but that some OF the
real estate men In Ottumwa would
gladly donate the necessary grounds.
"Many factories would come here II
we would loan them the money 10
build a home. The manner in which
the fund is to be raised will not pc 9
drain on any one. 1t should have been
done before"
Some Individual Views.
At the suggestion of Mr.. Sax, the IN
diyidual views of some OF the men as
sembled were given. These follows:
81 very much favor the plan, sald
DIR. n. T. Edgerly. "We must do more
than show our town to those VINO are
looking for good place to locate !,
w. II. Cooper believed that some OF
the nlants which seek locations mere
would want the entire 100000 and
{+hat the presence Of this amount
would court competition with other
o.ies, which might raise the amount OF
al istance that OttumWa offered. He
ia, red the plan, however.
TO H. S. Merricl the plan Appeared
as most practical one. you can ges
more money for project OF this sort
in half the time that you can to ralse
$4,000 to get one new factory mere,
said he. ,:,+
1T is ridiculous to go out and solicl !,
for one industry said J. F. Powell,
and I believe this proposition is an ex-
cellent one. would like to hear from
some of the members present VINO are
not on the board of directors. our
views have been give before.
Calvin Manning expressed his opln-
ion nv stating that he thought the Ot-
tumwa Commercial association was on
the right track He referred to the
nlan in vogue at La Crosse, where ne
has recently visited, and told OF talk
inc with Mr. Easton, one of the enthu-
siastic boosters of the northern city.
eve discussed this Industrial iunu
matter" said Mr.. Manning, "and he
emphasized the use OF the money 10
get new factories. When asked MIN
if it was not a good idea to help INDUS
tries that were worthy, he stated that
that other capital should be interested
in these, and the special fund should
be used for reaching out and getting
new industries.
"The plan ought to be carried
through" said e. G.. Moon, "and be-
lieye the expressions thus far gained
are sufficient to encourage the inaug-
uration Of the plan at once
How Bankers See the Plan.
To NJ. B. Hutchinson the plan appeal
ed in several ways. with this plan,
said he. Eve can create something
from which it will be an easy matter
to add to the wealth of our city as 4
commercial center. The lack OF funds
has been our handicap. One concern
offered to locate here if we could fur
nish them with plain two story build
Ing. but the money to build even this
was not available, and they passed us
I'm. The early pioneers of OttumWa
gave their good money to get the rail-
roads here. and they got back every
cent they invested"
'If you want to get any new indus
tries or aid any of those already here,
This is the only way to do 1t" was the
lerae opinion of H. l.. Waterman.
1--WE must give UP the hope of To-
eating any more factories here with
out such a plan as this" said w. B..
Bonnifeld. "Yeu will find many.
however, who will be hard to convince
that the money required is not a pure
donation, and some may think that the
..,nd will be dissipated, so would sug-
rest that before you so before the, peo-
lie. you would select your directors to
,how the doubling ones that the at
airs of the company will be in good
iands."
F. A. Ninocks favored the plan and
,rged that the loyalty Of the citizens
be sufficient to make it success.
The story Of Martin Rardsocg.
Calvin Manning called the attention
If the gentlemen present to the $1,000
INT was spent in inducing Martin
Hardsocg to leave Avery and locate
here, and called upon Mr.. Hardsocg to
tell how he happened to become part
Of the manufacturing field Of Ottumwa.
Mr.. Hardsocg stated that he started
without cent, and after settling at
Avery he began to pound iron. Soon
he began to look around for place to
spread out and had almost given up
the hope of removing to some place
where the advantages were greater,
when he was approached by commit
tee of Ottumwans. "They asked me
how much would take to move here
said Mr. Hardsocg. land l asked them
how much they had. Their reply was
81 900. and stated that was from
Missouri and had to be shown. The
money was on deposit at the First Ma
tional bank here to my credit, and !
got it. 1t has since been paid back. /
believe this plan discussed is a good
pne Let them borrow your money
md pay interest. and ! am sure that