The Alaska daily empire., 1920-12-01

in the amount of s5O,OOO and donate a free site. MT. Valentine said that he had assumed the responsibility of answering the telegram stating that the money would be forthcoming. Yesterday a final telegram was re- ceived from MT. Snow saving: Deal closed today on strength of your wire today. Will start for Juneau shortly with company representa- tive"
 q do, not think was premature in saying that we would get the money" said Mir. Valentine. Juneau, he added, had always come to the front when it came to raising money for any worthy cause. citing Liberty Bond sales and Red Cross subscrip- tions. The erection of such plant as proposed, he said, means 10000 population for Juneau and a s300,- 900 addition to the pay rolls. The company, he said, would put in its own line of vessels to carry fish to Prince Rupert or some other port for transcontinental shipment.
 Shattuck for Project
 Allen Shattuck, President of the Juneau Commercial Association, warmly endorsed the project, telling of the efforts made by the Associa- he said, now realizes it's mistake in not taking advantage of it's former opportunities to enlarge its fish mar ket.
 "The thing that will put our town in the prosperous condition that we have desired for so many years is a cold storage plant" he asserted Other things will follow after it. "The town which has a fresh fish market and industry is prosperous one," he declared, pointing out both Sitka and Ketchikan as examples. MT. Shattuck said that he was con fident that the people of Juneau would rnt the proposition through in short order Juneau is in the logical position to be the center of the halbut fishing in Southeastern Alaska, he stated.
 Lincke Makes Talk
 Briefly c. J. Lincke described the manner in which the towns and viii lages in the Canadian Northwest, by giving free sites and bonuses to various industrial concerns, were able to grow into prosperous cities and towns. Alaska, he asserted is confronted with similar problems as these towns and by using similar means can solve them. Alaska, he said, has everything within it's bor- ders which proRsrly developed will make state or a natioN The pro. posed cold storage plan he said, offered Jaseau fine Opportunity to develop itself2
 contrad Explained
 In his explafation of the contract under r~T subscriptions are being taken, fuuge Wickersham prefaced his remarks by commenting on the life which is brought to towns in this country having real fresh fish industry. There is life brought from that source, he said, at both Ketchikan and Sitka. Gan Juneau be resurrected-" he asked. He an swered his own question: saying that the projected cold storage plant would put the old horse back in the race"
 Alaska has the greatest fisheries in the world, he stated. During the last 20 years her waters have pro duced more food fish than all the other waters of the world combined It isn't the money that the eastern capitalists are after so much, ne said, as to be assured that the people of Juneau are willing to back their proposition with money. The people who are interested. he said are assO- ciated with the Morgans and have so many millions that even a lawyer hesitates to mention them. In con- clusion. he assured those present that the proposition was legal and a safe and sane investment, saying: "In my judgement you will make money if you buy stock in this concern"
 Judge Wickersham said that he agreed with one suggestion made by a previous speaker to the effect that the Eastern interests desired local stockholders as a means of freedom from nagging and petty poll tics from the municipality. Stock distributed locally would tend to keep this down, he said
 He then took up the contract. read