Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1913-04-03
BUSCH CAPITAL
FOR VALLEY
EDWARD A. FAUST OF ST. LOUIS
WITH OTHER CAPITALISTS IN
TERESTED IN COLD STORAGE
INVESTMENTS WERE HERE.
ESTABLISHMENT OF COLD STOR-
AGE PLANTS AT SEVERAL
POINTS, ENABLING TRUCK TO
BE HELD SEEMS ASSURED.

I
BE HELD SEEMS ASSURED.
| That the powerful Busch interests of
st. Louis will put some of their capital
in the Lower Rio Grande Valley appears
to be almost certainty from the visit
TO Brownsville last night of Edward A.
Faust of st. Louis. vice president of the
Anheuser Busch Brewing Association
son-in-law of AdOlphus Busch, and IA
wealthy man in his own right. Mr.
Faust was in the Valley for the purpose
of looking into the possibilities of lOcat
ing number of ice and cold storage
plants in the Valley, making it possible
for farmers to hold their products for
indefinite periods awaiting favorable
market conditions.
Mr.. Faust and a party of railroad
and cold storage men arrived in Browns
vile last night from the Branch line,
and remained here over night, leaving
for the north on the early train this
morning. The party included the fol
lowing: +. A. Faust of ST. Louis. vice
president of the Anheuser Busch Brew
ing Association: Nemmo Old of Calves
ton, manager of the Anheuser- Busch Ice
and Cold Storage company; q. III. Sap
per of Galveston, manager Galveston Ice
and Cold Storage company; Il. a. Huber
OF st. Louis, manager of the ice depart
ment of the Anheuser-Busch Brewing
Assertions; j. c. Harvey and w. j.
Harvey of Houston, representing the
Rice interests of Texas and Louisiana:
j. S. Pyeatt of Houston, vice president
of the New Orleans, Texas and Mexico
lines of the Frisco, and Frank Ander-
son of st. Louis, director of development
for the Frisco
The party arrived here, after having
spent a day at various points in the Val
ley. They became so enthused with
what they say in the "Garden Spot of
the World" that one of the party made a
purchase of some land adjoining that of
Secretary Of State William Jennings
Bryan, near Mission, and for the pur-
pose he said of being near Mr.. Bryan.
Mr.. Faust also invested i'm a tract near
San BenitO, and thus is the first invest
ment of the Busch capital in the Valley
accomplished. The great opportunity
for ice and cold storage plants located
at convenient points in the Valley has
impressed these men. They realize that
such plants would be of inestimable
value to the farmers. making it possible
for them to hold their vegetables and
avoiding the necessity of sacrificing
them when the prices are low
The Anheuser-Busch people have ice
and cold storage plants in every large
city in the United States. and in many
small cities that are advantageous dis
tributing points. Naturally, they have
unlimited experience in the operation of
these plants, and wherever they estab-
lish cold storage plants good service and
reasonable rates are certain.
Busch capital has been coming into
Texas heavily within the last few years.
Mr.. Faust himself has under his direc-
tion the placing of this capital. and his
TtiHdTkS tIdt IL IL
certain that the Busch people will come
into the Valley heavily with invest
ments. The beautiful twenty-five story
AdOlphus hotel at Dallas, which cost
more than million dollars, was built
by these capitalists. and they are at
present erecting a siXteen-story depart
ment store and Office building in the
same city that will be the finest in the
state.
1t is believed that the coming of Mr..
Faust with the cold storage plant prOpo-
sition results from an effort of the
Frisco to better the condition of the
farmers of the Lower Rio Grande Val
ley, and enable them to market what
they can raise at prices that will make
their work profitable to them.
On their trip north the party will
visit Kingsville, Houston, Galveston,
Fort Worth and Dallas, stopping day
at each place. From the latter city they
will return to ST Louis.