Evening journal., 1911-02-23
MAY GET THE
TWOMBLY PLANT

Continued from First Page)
the sale of the property are about TO
bc started. The Board of Trade Is
anxious that Wilmington get The
plant Mr.. rwombly has Just financed
a big motor company that will locate
In Montreal, Canada. He Is thor
ough business man and knows tho
motor business.
During Mr. Twombly's recent vislt
10 Wilmington the question was put
10 him by a number OF leading citi-
zens as TO what advantages, ii any.
would accrue TO Wilmington as "a city,
and 10 its citizens as individuals
should g. become an automobile manu-
featuring center Replying, Mr..
Twombly said:
This is matter of import TO every
citizen and taxpayer of Wilmingi On,
who Is interested in It's future growth
and welfare; dt being impossible 80
meet and talk with each one as
should like TO do, have taken adj
vantage of the coul teOus offer made
by THE JOURNAL TO use its columns
in presenting to YOU "a few facts and
figures. relating 10 the marvellous
growth and development of the auto
mobile industry may be helpful and
interesting.
Fifteen years ago the automohil.
was scarcely known. except 10 a few
inventors, eXperimentors, and disap
pointed investors. Today 1t repro
sents one OF the greatest industrie
and most marvellous mechanical nn'
financial developments the world Ina
ever known. Fifteen years ago all tn
automobiles i'm the United States coul
have been bought for less than on
hundred thousand dollars; the outru
OF this country alone for 1910 viii an
broXimate two hundred thousHn'
complete machines having a valuation
OF two hundred and twenty-five nil
lion dollars; at the beginning of 49,
we had five hundred thousand cars
worth over six million dollars and de
velopng a power equal 10 ten million
horses
Growth Of the Industry.
Back OF these machines Is solid
substantial growing business, repre-
/ senting. with parts and accessory max
ers. an investment OF more than bill
lion and quarter of dollars. Foul
hundred thousand men depend upoI
n for employment, and I'm the neigh
borhood of "a million and a halt o
people are Supported by II.
Through It's phenomenal eNpan
sion. new industries have been created
and old ones enriched; it has with
stood all panics, ridden down dc
preston. and stands today al the Vcr
ton of our industrial world as sound
paying. permanent and rapidly grow
ing industry. g.,
There has never been i'm the his
tory of tue world an industry shown
such low per cent OF loss and hig
per cent of profit IN the same lengt
OF time. Fifteen years ago no aan
man would have dared to predict tina
the automobile would ever hold IN
Important mechanical and iinancis
position thar It. does today, Tor slea
Us has been its mechanical deNClul
mcnt It's financial history has bee
equally interesting.
while there have been tho inevita
Bile failures due 10 poor management
mistaken Judgment. etc, the automC
bile industry taken as q whole no
nmply repaid the engineer and il
Dr.
less effort nut into il, and returned
the capitalist furnishing the financii
sinews. many times the principal, an
lett him a permanent investment pa,
ING better average dividends than
, gold mine, and safe as governmel
bonds.
b "While the automobile has mac
I fame and fortune for many OF thos
Q directly interested in its deyelopmeI
% and manufacture. IL has at the sam
p timc performed miracles In the deNe
{ opment and growth Of those cities
which Il has made its home.
d Detroit Gets Great Benent.
b Detroit. Michigan, is today II
; heart of The automobile world, %
.. wears ago she was noted chiefly Il
/. lire manufacture of pills, paints, stow
(. ana freight cars. today she leads a
d world in automobile productions hl
ltwcutv-6ve factories turn out in Oh
b wear more than ninety thousand cor
plete machines. The value OF Detrc
made cars during 1910 was consider
blv more than one hundred millls
dollars which was nearly equal TO q
total for all her other industries COZ
bined. This industry gives emplo
ment 10 sixty thousand people who a
receiving in wages one million dc
- lars ner week, adding 70 the veal
!. of the city fifty-two million dolla
q per year:-these figures do not co
5 vey any adequate idea of what {
: motor car has done for Detroit
b The city is like a mining camp
the days of a fabulous strike; enera
g resource and ingenuity are bel
y pushed TO the last limit to take a
vantage Of the golden opportuni
that the overwhelming demand
a the automobile has created; on eve
! hand there are miracles of rapid co
m struction.
e. Last year a company bought
large tract OF land on Woodwa
g.. avenue. In less than six months iii
3 FIVE acres We're under roof, CO..
plete mechanical equipment had be