The Barre daily times. (Barre, Vt.) 1897-1959, 1919-08-26
PL4N THREE-STORY
FACTORY FOR PRO
POSED INDUSTRY
Peerless Knitting Mills Co. Would Begin
at Once the Erection of Modern, Fire
Proof Structure as Soon as the De-
sired Amount Was Subscribed.

An enthusiastic meeting of Barre peo.
pie interested in the Peerless Knitting
Mills Co. plant for Barre was held at the
rooms OF the granite manufacturers last
evening, at which the project was consid-
cred from many angles and with unanim-
ity that the proposal is a challenge to
Barre's public spiritedness. A large num-
Der of questions concerning the canvass
being conducted to-day and regarding the
proposed plant were asked and were
frankly answered by the local men who
have been in charge of the negotiations.
IL was stated that the purpose of the
company, when the desired amount is
raised, is to begin at once the erection
OF a modern, tire-proof manufacturing
plant, probably of brick or cement. the
building TO be three stories high and
with basement. The factory will be
equipped with the sprinkler system for
fire protection; and the nature of the
construction, together with the installing
of the sprinkler system, would have
tendency to keep the insurance charges
at low figure.
The plant would be so constructed that
additions could be made from time to
time as the business warrants. II would
be expected that the force Of workers,
mostly women and girls, would be in
creased until as many as 200 were en-
gagged in manufacturing the c0mpanys
product, mems underwear Machines of
the type displayed in the show window
of the Montpelier & Barre Light & Pow
er Co. would be installed and everything
about the factory would be modern and
The average pay of the women in the
Mattapan plant of the company was said
to be around SIS week, although some
of the operators earn as high as $32
week. Beginners are started in at SIS a
week and earn more as their skill in
creases. Many of the workers in the
Mattapan plant have been employed by
the Peerless company for many years
and are highly paid employees, Moreover,
The working conditions about the Malta
pan plant were reported to be very sat
sfactory, frequent conferences between
.he company officials and the employees
being held to consider details of condi.
ions.
The company must expand its capae-
ty because it is not able to keep IN
With orders, and the officials are anxious
% know Immediately whether Barre de-
iires to secure the new plant Barre is
hought to offer good field for plant
# this sort, as the city and surrounding
erritory could offer a large number of
women and girls for employment
In fact, people in surrounding towns
re found to be very enthusiastic over
he project, as large number of inquir-
es have been received by the Board Of
Trade and by members Of the committee
rom outside of Barre. and many people
rom other towns have signifed their
Intention to take blocks of-the preferred
took.
Dividends on the investment are prom
sed by the Peerless company as soon as
ayment Of any part of the stock sub.
cription is made and the certificates
roud be delivered as soon as the final
ayment is completed The early sub
,riptions would be used to construct the
lctory in Barre and equip it with mod
IN machinery; and it Is said that about
l25,000 would be necessary for that
There are no bonds out
landing, and the preferred stock will
ave the first claim on the assets of the
Jncern.
The meeting closed with everyone de-
,rmined that the factory be located in
are.