The Lake County times. [volume] (Hammond, Ind.) 1906-1933, 1913-02-19

Of the world on the possibilities of the
as manufacturing and distributing
center.
Having won this recognition a |
large number of manufacturing con-
Germs were attracted here. Some of
them found the western demands for
their products sufficiently pres sing to
induce them TO build at once. Others
have delayed the construction of a i
propitious.
Among the concerns which have
reserved sites but have not built on
them are the McClintic Marshall Com
pany. the Baldwin Locomotive Works
and the Gogebic Iron Company. These
plants when built will employ some
thing like $4,000 men,
1t is tiresome to wait so long for
the construction of plants that were
at first thought to be immediate pros
poets; especially when life is so short
and the interest on overloaded real
estate purchases is so high.
But the man who has invested con-
servatively in real estate is better off
than the man who has not invested at
all. He may have hard row to hoe
he must eventually succeed
This is heart to heart talk on the
industrial situation in the Calumet
region THE TIMES has the best in
formation obtainable, and it may be
said authoriatively. that according to
present indications there is no i'm
mediate prospect of construction ac-
|tivity but the word to build big plants
may go out any day,
The Baldwin Locomotive works
bought 500 or more acres of land in
East Chicago in good faith and with
the expectation of building plant
here but the demand for locomotives
became so great in the period follow
| ing the purchase of this property that
| it was deemed advisable to spend the
money that had been appropriated for
the East Chicago plant at Eddystone,
Pa.
] This was good business judgment
The Eddystone. plant was partly COM
pleted. The company had the orders
for locomotives. It had to deliver the
lgoods In the shortest time possible. II
saw that it could getSout these loco
motives quicker by completing the
Eddystone plant than it could by
building up an entirely new institu
tion at East Chicago.
Now the East Chicago project will
depend entirely on business condi
ltions. If the demand for locomotive
keeps up the western demand viii
have to be taken care of at East Chi
lcago. 1t is expected that small star
will be made at East Chicago thi
spring and summer but no more i
looked for by we'll informed people.
The same is true of the Goebic Irol
There is very brisk demand for stee
at the present time and if this keep
up there is likely to be a rush order t
go ahead with the construction of til
Hammond plant.
But the most that the people Q
Hammond can conservatively expec
is for the company to build its dock:
fill in its factory site, clear off tn
underbrush and pssibly put in tn
u foundations of some of the building
The American Locomotive compan
will probably not build at Gary unit
there is such a strong demand for 4
comotives that it is plainly appareI
. that the investment of five or te
million dollars would pay at this tim
With the American I.ocomotiN
works, as with the other compani'
= mentioned, it is matter of fixe
a policy to build plant in the Calum
n region to take care of the wester
business but the American Locomoti'
company is not going to make tt
mistake that the Standard Steel c;
"a Company did when it erected a s.
to 10000 plant in Hammond in 1st
N and found that it was five years abe;
of the demand.
The McClintic Marshall Compal
fhas held a site in the Calumet reggie
in reserve for three years 1t w
u eventually build but present conc
III lions do not demand the construct,
he of a western plant. And the NJ
d. Clintic Marshall Company has su
=, .,lic.l af Iaa hat h