The Barre daily times. (Barre, Vt.) 1897-1959, 1919-08-18
ABOUT 100000 RAISED
FOR NEW INDUSTRY
Prospects for Getting the Peerless Mill
Are Frightening as the Value of
the investment Takes Hold
Of the People

With 100000 in subscriptions already
in hand and public spirit aroused TO
fever pitch, Barre to-day was well on its
way toward the realization of new in
dustry employing some 200 hands. Now
that the attractive features of the Peer
less knitting mill have been widespread
through publicity, people in all walks of
like are exhibiting much enthusiasm over
the project and the Barre Board Of Trade
committee is encouraged to believe that
the necessary sum will be subscribed
within short time. Nevertheless, ii is
not cocksure attitude that the com
mittee has assumed, for the entire com
munity must get back Of the project and
put its collective shoulder to the wheel
President r. A. Scott Of the Peerless
Knitting Mill company was in town on
Saturday, and after going over the de-
velopments of the past week he ex
pressed keen qualification over the re-
awakened interest. To-day it was an
nounced that samples of the excellent
product manufactured by the Peerless
people will be on display in stores about
town. Everyone will thus be given an
opportunity TO examine the high-class
merchandise which the company is sup
plying to such nationally known mer-
chants as Marshall Field, John Wana-
maker, and Jordon, Marsh company.
Moreover one of the knitting machines
used in the Mattapan plant will be in
operation in the display window of the
M. g. b. l.. & r. Co.
The fact that in these times OF high
taxation an investment yielding seven
per cent in going concern is available,
is making the broadest kind OF an appeal
to small and large investors in Barre
and vicinity, inasmuch as the stock is
non-taxable. Yet the promise Of live
industry, giving employment TO more
than 200 hands in modernly appointed
factory building. is the incentive which
is moving many people TO give the
project their unqualified support.
Ii is the intention of the committee to
give the project wide publicity this week,
in order to acquaint everybody with the
details of the plan. Next week one or
two days will be given over to the final
drive, but in the meantime the public is
earnestly requested to inform itself
through the newspaper and by personal
consultation with the committee on any
points with which it may not be IA.
miliar.
Merchants, granite manufacturers and
quarters, laboring men and professional
men are behind the movement. Out of
town interest is rapidly approaching its
peak, and already number of substan-
tial subscriptions have been received
from nearby towns Locally. the vast
majority of the people are thoroughly
alive to the menace of a situation which
is compelling numerous breadwinners to
leave the city and seek employment else
where in order to find employment for
their boys and girls 1t is serious stu
alton, indeed, and in sense it is one
of the motive forces which are urging in
vestors Of every class to do their bit
in bringing this desirable industry to
Barre
See w. A. Drew Of the Board OF Trade
is one Of the busiest members of the
committee, as many are soliciting the
desired information from him. He may
be seen at his office or, if more con
venient, any information sought by a
prospective subscriber may be obtained
! from other members of the committee.
Inquiry is the way to understanding,
and everybody is urged to read carefully
to-days advertisement on page 4.