The Barre daily times. (Barre, Vt.) 1897-1959, 1919-08-25
Shall Barre Get the Peerless
Knitting Mill? 1t Is Up
to You
CANVASS WILL
BEGIN TOMORROW
An Experience Meeting Will
Be Held Tonight
Everybody Out

those who have eady mustered the
preliminary suA iptions to Peerless
Knitting mill ~ viii testify is to be
held in the aS ate manufacturers hall
at s O'Clock. 3. Il only those who are to
participate g. yely ip the drive Tues
day and We Iesday are asked to attend,
but, in aS ion, the presence of every
body iaS sted in the future of Barre
is urge,
The Board of Trade committee feels
that good deal depends upon the suc-
cess of to-night's meeting, and undoubt-
edly the spontaneity of the publics re-
sponse tomorrow will be largely meas
ured by the enthusiasm and interest gen
Grated tonight. 1t is very urgent that
every member of the flying squadron Sc
lected to make the drive be present And
, 1t is quite as important that many of
Barre's women attend. One of the larg-
est benefits of the new knitting mill will
accrue to the women and girls of the
city. and it goes without saying that
good deal of the success of this weeks
final effort depends upon the interest
shown by the women.
Barre's reputation as a city that does
things, her reputation as the live-wire
city of Vermont, must stand or fall by
the result Of the campaign tomorrow
and the next day. The Peerless Knitting
mill project cannot become reality if
large subscriptions only are received. It
is the small investor who is going to
carry Barre over the top once more.
In addition to many other strong tes-
timonials Of the character and strong
financial standing of the Peerless COM
pany, the following statements from sew
eral of New Englands soundest financial
institutions will be of interest:
"The Peerless Knitting Mills company,
about which you inquire in your com
munication of the goth, is an old estab-
lished Massachusetts corporation, en-
gagged in the manufacture of knit under
wear, whose account we have had for the
past 10 years. The company operates a
well-equipped factory in Mattapan, one
of the suburbs Of this city. In the local
trade, the concern enjoys favorable
reputation, is readily sold it's merchan-
disc requirements. and bills, we are told,
are promptly discounted The financial
control is in the hands of men in whom
we have much confidence, and we have
not hesitated to grant reasonable accom-
modation when called upon.
Very truly yours, Charles F. Mills,
Assistant Cashier First National Bank
of Boston"
"The Peerless Knitting Mills company,
located iii Mattapan, a suburb of Boston,
is a manufacturing enterprise that has
been in operation since 1907 under the
present management. 1t has capital and
surplus of nearly S400,000 and appears
to have a very successful business in the
manufacture of knitted union suits.
'We at times extend them substan-
tial line of credit, and know that very
strong financial interests are connected
with their enterprise.
Very truly yours, P. F. Nichols,
Assistant Treasurer Commonwealth
Trust Co., Boston, Mass"
Il am quite well informed regarding
the start and progress of this company,
having known Mr. Scott, its founder
and president, for many years.
ut is to this mans energy and busi-
ness ability that this important industry
has been developed.
"Just why the company are favoring
Barre as a location for branch factory,
| am not informed. That is their busi-
ness, but if you can secure this estab-
ished industry by subscribing for few
thousand shares of non taxable preferred
stock paying seven per cent dividends,
the public should go to it without fur
ther delay
very truly yours,
"John G. Morrison, Morrison Farm"
"After having inspected the plant Of
the Peerless Knitting Mills Co. at Malta
pan, Mass, feel free to express my inn
pressions of the methods used by them
and their prospects for future success.
Their mill was run in a very systematic
manner and was neat and clean and up
to date, and feel confident that should
they continue the same methods they
would be able to pay seven per cent
dividend on the stock of the new com-
pany if they should never turn wheel
in Barre / have further expressed my
confidence in this business by subscrib-
ing for $1,000 worth of stock in the pros
posed company
Very truly yours, Harry Daniels"
'The success of the Peerless company
depends upon the character Of its man
agement. This appears to be excellentI
and should ensure steady dividends.
"The community benefits arising from
the location Of Peerless plant in Barre,
are greater than shareholders profits.
IS. Hollister Jackson"
Going Some.