Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1921-12-18
$3.50, GOO MARK PASSED In Tine
ALBUQUERQUE hotel CAMP IGN;
WORK Will be RESU ID MONDAY
More Canvassers Are Needed TO Complete the
Job Within the Next Few Days; Business
Men Claim Hotel Must Be Built to Show
Confidence in City's Future.

After listening to an appeal
made by Sidney NJ. We'll, Il men
representing Albuquorque's bust
ness community, signed an article
setting forth THE High Cost OF
Failure" and requested Louis IL
field, president of the Albuquerque
Hotel company, to cause 1t to be
printed in the Sunday newspapers
in order that the public might bet
ter understand the urgency for
more workers to complete the
Campaign for funds to build the
hotel during the coming week.
o. N. Marion, Ivan Grunsfeld,
Frank H, Strong, p. +. McCanna,
C. O. Cushman, Albert G. Simms,
Lloyd Sturges, Seymour Lewinson,
DIR. A. G. Shortle, DR.. L. S. Peters,
George B. Mallory L. L. Edgar j,
II. Coors, Arthur Prayer, Rev.
Hugh A, Cooper. W. Mauger,
Frank A. Hubbell, Chester French,
X. Baldridge, Marcus Sawtelle, and
Louis Ilfeld signed the document
which sets forth that the hotel can
be more economically completed
than abandoned.
1t shows that investment in the
project will result in the eXpendi-
ture of several hundred thousand
dollars in payroll and materials
while failure to complete the mon
ey raising campaign would an
nounce inability, lack Of public
confidence and depreciation in
values to the extent Of at least two
millions of dollars.
The board of directors expressed
satisfaction with the report fur
nished by Chairman We'll at the
close of Yesterdays business which
showed that more than one-fifth OF
the total funds he has been told
to obtain have been forthcoming
in the first three days work and
that his few workers had succeed
ed in raising the subscription total
to more than $230.000.
The members of the Real Estate
board, who on Friday evening
pledged themselves to obtain from
their membership not less than
$4,000 additional to previous sub
scriptions, nearly completed their
contract yesterday and promised to
resume work on Monday to finish
the job. Incidental to their cam
vass they obtained signed agree
ments from their fellow-members
to close their offices Tuesday for
full day to be devoted ia
financing, when they will solicit
Others than members of their
guild.
Mr.. We'll made comparisons
during the day of results obtaine
during the February campaign
with the response so far obtained
and proved by his figures that the
public shows greater willingness
to now complete the work than il
dlG to begin it.
Numbers of solicitors convey
enthusiasm one to the other" said
We'll at the MONDAY meeting
which has become a daily feature
of the work, "and here we have
less than 20 men on the genera
soliciting job as compared with Il
men on the initial campaign.
ut took 70 men to produce
s19S.000 in five days on the frs
job. or an average of $2,S30 eacn
while IA men have produced
$1,000 each in less than four days
IF we get 20 men Monday
Tuesday and Wednesday we viii
have the fund oversubscribed by
the middle of the week. Withou
meaning offense to anyone, I ven.
tnre the statement that anyone IL
Albuquerque who uses stress d
business, unless it means Imminent
irreparable loss. as an excuse tC
stay away from this job is a CRATER