The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1912-10-19
TO AID FACTORIES
Topeka Business Men. Approve
Kelley Industrial Plan.
Make Known Their Ideas at
Big Meeting Last Night.
HOLMES IN FAVOR OF IT
Sioux City Secretary Liked To-
peka Factory Scheme.
May Raise Several Hundred
Thousand Dollars Soon.

The stamp of approval was placed
on the Commercial club factory aid
plan by 125 prominent business men
who attended the $50 O'Clock dinner
Friday night. Many of those present
who were at first inclined to be skep-
teal announced their complete con
version in the course of the speech
making subsequent to the dinner.
I'D make it half a million dollars
or bust" said w. E. Holmes, secTe-
tary of the Sioux City, Iowa, Cham
Der of Commerce, and it was generally
considered that the minimum amount
to be raised before the plan can be
put into operation-$50,O0 0-is all too
small And it is probable that an ef-
fort will be made to raise several hun
dred thousand dollars. The plan will
be printed Immediately and placed IN
the hands of the business men of To-
peka for their careful inspection, ana
later a strong committee will be ap-
pointed to procure subscriptions.
Secretary Holmes told of the success
of a somewhat similar plan that has
been in operation in Sioux City for
more than year. He said in part
Pleased With Topeka Plan
Il have read the Topeka plan as
mittee, with much interest. In some
respects / think it is an improvement
on the Sioux City plan
In the first place our fund aggre-
gates $685., 900. but our plan does not
provide for the payment of 10 per
cent in cash, a feature of the Topeka
plan which 1 want most heartily to
commend. OF this fund. $685., 1000 was
raised in six days and the only reason
we did not hit the million mark was
because we knew we would have no
use for that much money.
Benefit to Sioux City.
"A hasty glance over the list of nine
new factories and three new jobbing
houses secured in the year will show
that the men who have come into
Sioux City with these concerns are
renting at least 35 houses Several of
the men nave bought homes. Two of
the companies have built fine new fac
tories. and the others have gone to fill
up buildings that stood vacant. Today
there is not a building in Sioux City
fit for manufacturing purposes that
can be had at any price.
THE real estate owners. contractors,
carpenters, nasons, insurance men,
lumber and hardware dealers, dentists, |
grOcers, department store proprietOrS.
in fact all lines of business have been
there have increased their output,
and the savings banks are getting de-
posts.
Some of you may say: 4 am not
Wiling 10 invest any OF my money III
Industrial concerns that may De
brought here by the Commercial club,
and to these I would like to say, al
though am an entire stranger in To-
peka. that if VIII Kelley had as
much money as Topeka has invested in
mining propositions that never paid a
dividend he could bring so new fac
tories to this city in the next five
years.
Il contend that everyone from the
i, H. =
directly or indirectly benefited, and
that every line of business in Sioux
City. with the exception of the I'M
dertaker, has already benefited by the
factories we have brought to the city |
in the last year.
Should Include the Jobber.
Il have just one suggestion to make
the line of their proposed guaranty /
fund and that is this: Make the plan,
the subscription agreement broad |
enough so that you can finance a /
small jobbing house if you need to. /
Jobbing houses are just as essential to /
the growth of a city as factories. Our !
Sioux City jObbers will do approx |
mately $4,000 of business in 1912,
and the output of our factories will |
not equal this figure
Many business men present ex-
pressed their approval of the plan.
1t was pointed out at the meeting
that the liability of each member who
will be limited to the
amount of his subscription. Each
member will be asked tb pay 10 per
cent. of his subscription in cash. This
will be a guarantee to the banks
Trainers of the Factory Plan.
G. s. Elliott chairman of the pro-
motion committee of the Commercial
club, presided over the meeting, and
]. Will Kelley, secretary of the CLUB,
no nj
Members of the promotion commit
tee who have worked out the plan
which has been the dream" of Sec
retarv Kelley are: c. S. Elliott, H. T.
chase. E. L. Copeland, c. P. Adams.
q P. McEntire. c. NJ. Lawrence. s.
: Petit, H A. Spielman, E. c. Ar
mold. Marco Morrow, H. A Auerbach
and a. T. Reid.
he members of the board of trustees OF
he plan. and as previously announced
tx of the seven members OF the ,f adXl$ory
George Brooks. c: NJ Lawrence 5. z
Petit c. F. W. Felt.
Those in Attendance.
Among those present at the meeting
1evis. r. K Hinkson. c. G. Blakely. c. It
" Felt. P /. Bonebrake, Fred Noiland,
Judge T. F. Carver, John W Newell r
R. r. Nelson, oscar RoehT, W. H Ken
,er, o. H. White, 6. a Morse. R. F.
rasker. J. A. Cole, A. c kingaman, X
1haTies w. Hull. George W. StansfieId
,haries A. GlaGwin. Charles H. Matthews.
: w Bowman. L. r. Duckett, L. H
.Ianley J. B. Sims G. E. Aowley, w. )
lindsay. Stanley Medlicott, s. Z. Lux.
George H. Fleischman. J. G, Sinner, NJ
:, Porter, H. E. Potter. Herbert Dale.
!, s. OFT w. H. Metzdorf, Z. H Peter
on. F. NJ. Bonebrake w. A Neiswangcr.
:. B. Stotts. H. c. Kibbee, ]. A. Lott, II.
:. Root, w II. Kuntz, c. F. Whitney, }.
3 Nicholson c. F. Richardson, George
2. Hackney. W. Connors. Paul Heycke.
/. NJ Ives, E. B. Guild, J. G. Stoneback, |
J. ". Carter, Ralph F. Moore, E B Mer
lam w B. Kirkpatrick, George Soren-
On d w f.rawfnrf j GerstleY. Charles 5