Sequachee Valley news. (Sequachee [Sequatchie], Tenn.) 1896-1952, 1913-02-13
PLAN FOR HOSIERY MILL.

VI laDNlJ IL Sph Nuhb W ~ O0RAOoo AZ,
that earnestly desires employment. and
we have lots Of girls in Sequachee and
vicinity who are fully awake to the
nobility of laboring for themselves
and others.
Now, having stated the case, let us
come down to the brass tacks of the
subject.
When The News started the idea of
locating a mill here, q rough estimate
was made of the necessary building
and machinery to start such plant,
We supposed Mr.. Melcher, owner Of
the town lands here, would adhere to
his original offer Of the past of fact
DRY site free. We also considered the
erection of a reinforced cement struct-
IRE, 20x30 cement floor, Cortright
single roof, wood frame,-a nearly
fireproOf structure-at a cost of 800; a
IL h p. gas engine at $500, and five
or six hosiery knitting machines, toe
whole outfit to cost about $4,000 90,
and employ seven or eight girls at the
commencement, to increase machinery
by additional capital later. We called
for subscriptions to this end, but they
have been coming in slowly, probably
because people do not appreciate fully
what there is in the move or how it
can be done. Our plan has reached
the trade journals, and we are receiv-
ing daily all sorts of propositions for
machinery. One offer particularly
stands out in front of the rest and
makes our mouth fairly water for that
hosiery mill. It is from a we'll known
hosiery mill in Tennessee, a firm doing
a big business, and which Is remodel
ing its mill for the purpose of putting
in machines that make ribbed stock
ings. They propose when salts
factory company is started here to put
in 30 nearly new machines for making
i..>.es nose of the smooth variety and
take half ray for the machines in
stock in the company. We publish
their letters, reserving the name of
the company:
'Feb list, 1918.
"We see by the Manufacturers
Record that you are contemplating the
erection of a hosiery mill in your city.
If you are going to make ladies' hose, I
We have forty ladies' hose machines
that are practically new. We can
make you very attractive price on
them as we are changing all of our
mill over to make the ribbed hose. II
you have favorable location for
mill and can show US that you can get |
plenty of labor, we would be willing
to send you these machines and take a
part of them in stock in your con-
Germ.
"Feb. ), 1913. |
Referring to your favor of Febru
airy 3rd We have thirty machines on
ladies' hose. that we cannot run full
capacity on account of labor conui-
tions. These machines are as good as
new, having cost $240 each ut the fac
tory If you have good location for
a mill, we would DO glad to put these
one half cash and the other half in
Stotk in your concern. However, we
would want to know something about |
intend taking hold of the enterprise,
before making any definite PROPOSE
ton. We know that with our selling
connection we could dispose of all the
work that you could make on these
machines, Mt good profit.
Thirty machines would give employ
ment to large number of girls, and
be a considerable output, and you will
note that the company practically
What NJ orCrA pH~oG4 |
The price of the machines new was
$240, quite difference to the yarn be-
ing circulated in this town that two
mill workers who got to throwing
spools at one another damaged some
knitting machines $500 each. The
company is up against it on labor
conditions, can't get workers, and if
they had product coming from an aux
Hilary mill could dispose of it to mu-
tual profit. To show this company
taat we have the labor here we want
every girl in Sequachee and vicinity
or elsewhere who wants work here to
send in an api LEGATION. BE sure to do
this at oUcr. Applications will be
nun OCT gu III OrH'tT ub buty COuut, anu
first in will b. first employed if we
ever get tint mil project started.
To the fathers and brothers of girls
we advise an immediate forwarding
Of pledges for stock The matter of
stock practically started itself at $25
as we set no price per share, but to
place it within reach of all we will :
make the shares $12.50 each. Most
any family can and should raise $12. so
towards project that will do so much
towards the growth of the town, for it
means much more besides the mere
employment of few girls Get busy,
Ono hundred people at
BE so each means 81, $50. IL half Of
hese people would make it $25 it
would be S625 more, and If one-fourth
of them would subscribe $50, it would
u can 81. 500. 90, which added to this
osiery company's proposition to put
n mae"iues ut a value of $500 each,
youlu make total capitalization Of !