The Alaska daily empire., 1920-12-01


 Not only are the people who have money showing a ready dis position to invest, but those who have not sufficient funds are anxious to get in on the proposition by furnishing materials for construc- tion, according to Emery Valentine, who was appointed chairman of an advisory committee at recent meet ing of Juneau business men. MT. Valentine said this afternoon that two men had called him with pro- posals to furnish piling and timbers for wharves and foundation pur- poses, each desiring to subscribe ner.
 Others Confident.
 Following last nights enthusiastic meeting at Elks' Hall, it is the con census of opinion that the deal will be put through. Both last night and today business men expressed their confidence in the ability of the citi- Zens to raise the necessary funds. The four subscription lists are being handled by Emery Valentine, ". George Johnson, John Beck, and Guy McNaughton. As yet here has been no individual canvassing done.
 This is not a wild cat oil claim in Teaxs but legitimate business proposition in your own town. de clared Judge James Wickersham last night at the conclusion of his expla- nation of the form of contract under which it is sought to raise $65,0G0I needed to assure the erection of a cold storage plant in this city. Alp proXimately $50 people attended the mass meeting last night at the close of which subscriptions for almost 25 per cent of the amount needed do not include larger subscribers whose names will be added later on to the lists.
 Mayor R. E. Robertson, acting as Chairman, opened the meeting at S:15 D. m. On the platform. in addi Charles Goldstein, John Reck, ]. w. Troy, James Wickersham, Allen Shat tuck. Emery Valentine. c. J. Linke w. George Johnson, Guy McNaughton and J. J. Connors.
 Valentine First Speaker
 Emery Valentine, following brief introductory statement by Mayor Robertson, gave a short resume of various movements connected with the development of Juneau. He then described the work which has re- suited in the present negotiations with Eastern capitalists. Five months ago this work was initiated Throughout the summer surveys were made of various waterfront sites. data gathered on every conceivable phase of the fresh fishing industry, charts drawn up. blue-prints drafted and options taken. Several thous- and dollars were expended, he said, in this work by himself and his as- sociates.
 Everything being in readiness, C. K. Snow. one of the promoters, left for the East on September 30, where he met capitalists with whom cores Dondence already had been opened On October ,. MT. Snow telegraphed that a cold storage plant of 5000 tons capacity was practically assured A letter received from him under the date of October 10. confirmed the telegram and said that he ex pected to sign up papers for the plant about the middle of Noyem- Der. The plant. he stated. would involve about s1000.000. Later he also wrote: There is not a fishing plant in Alaska with one tenth of the backing" as have those with whom he was dealing He also wrote that shipment and distribution of fish from the Juneau plant had been ar ranged for The company. said Mir Valentine, has large plants at both Gloucester. Mass. and New York. One of the experts of the company who had examined many offers for plant openings reported favorably only on that from Juneau.
 MT Valentine referred to events transpiring since last week. First. the telegram received from Francis C. Mccarthy. a prominent Eastern attorney acting with Mir. Snow. in which it was stated that Eastern cap italists were ready to put in a plant heer on the basis of s40000O provided that local people would subscribe
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