The evening herald. [volume] (Albuquerque, New Mexico) 1914-1922, 1920-11-24


good neiEhbor and enough attitudes
to please everyone.
Build n Hotel.
I'VE have more range for publicity
than ans state in the union and we
do practically none. We have enough
mpn who came u here to die and
who stayed to succeed, enough who
came to scon aud remained 10 pray
that II we should print their letters
OF testimonial In their home town
Il would put TO shame
and envy tho publicity agents OF the
most widely advertised nOstruma.
Spirit? why We txude II from every
pore. But we keep most OF II at
home.
what shall the Kiwanis take up
as the one big thing II can first do
for the town? IL was Oh The lips OF
half our attendance last week. The
hotel. A place to put our visitors
when they come go that they Will stay
long enough to look us over. Have
we got the nerve to 80 and get IL.
When II was first proposed we
couldn't do II because there was q
resurrection on building. Then our
most conservative folks thought that
we ought to walt until the price Of
building materials decreased. There
are those who Will now tell you that
impending labor troubles or impend-
iug decline In prices or general hard
times make this the unwis" moment
to even suggest the new hotel. But
/ FOR one say to YOU that We might
Just as we'll put up a permanent H.
There will always be an n Where
is the old Albuquerque spirit that
used to go get q thing regardless OF
the IT. providing the need Justified.
while we repeat these ms We
turn away conventions, we turn away
investors, we turn away permanent
rcuidcnts. We let the trade and the
developers pass us by. We can get
what we want " We go after IL and
now is the time 10 remove that IT.
Tho Very courage Of our announce
mcnt that we intend TO try Will bring
How shall we 20 about this thing?
THE PLANS THE THING. I don't
contend that what / am about To
propose has anything new Ia It. II
is an old well tried and proven thing.
III I can prove to you gentlemen
that we can procure a fund Of $500
900 without a possible penny OF loss
to anyone u would willingly 80 TO
IL aud that's what his plan Will do.
1T 81 suggested hat we raise an
advertising FUND OF $4,000. Lots get
a regular advertising agent To pre-
pare the copy. So that the udycrtis-
in- brings us the greatest pos
sihIc benefit let's tell the story of Al
buuucrquc, OF our towns progress,
what we stand fur-that We are q
forward-louking community. That
we are the center of population ut
the statc-that We have the best
mcrchauts-the best stores and that
We have vision. Let us say that we
.A. T.Nsr an VsanrHrfru Hnrf elFfT Rf
cash. That while we are ~ of the
nations oldest towns ion point Of
years. we are one of the youngest In
point Of settlement In a modern
scusc-that we grew So fast we
haven't provided sufficient housing
or covering for our transicnts and
that the Kiwanis club as a body have
worked out "a plan to build a hotel
a lNlwanis hotel-in n way hat no
one can lose who invests In the pre-
ferrcd stock OF that hotel company
Sinking Fund.
Then when the advertising is
ready In every dctdil. let's got the
people to pledge % sinking fund of
$780, goo as n guarantee against loss
to "A hotel operator over "a period OF
five years. THAT money to remain In
bank and draw interest at the rate
Of four per cent. Four per cent OF
aeotuUu ~ NltNNN u year OF NifNNN ~
four years. II the $4,000 IL used
we will issue preferred stock for II.
Now let's get Il hotel operator whu
will lease the hotel on a basis of 10
per cent per annum-S3O, 600 a year
and ugrce Ia maintenance and up
keep during u long tenancy, filing a
bond with our banks for faithful por
Torrance. Now We are ready for the
major task Of raising the money to
build. We offer eight per ccnt pre-
ferrcd stock-makc every kiwaniUn a
salesman. We promise as the XII