Alma record. (Alma, Mich.) 1878-1928, 1922-10-05

'and that the sales corporation will
continue to handle its business as
formerly and will be in charge of the
same efficient management.
During the time that the present
management has been in charge of
The Republic Moto, Truck Co., Inc,
the company has made excellent
strides, which in the face of present
conditions cannot be seen by the cas-
ual observer, and many people have
not given Col. Smith and his aids the
real credit that belongs to them.
There is no question but what his eff
forts in the past months have done
wonders in tightening the burden that
has been resting on the company. AL
ma people cannot commend his efforts
too highly, his faith in the Republic
and his tireless efforts having been a
wonderful factor in putting affairs of
the company in such shape that it
now gives every promise of weather
ing the business and financial de-
preston in this country and making
possible future reorganization that
will keep up the Republics pace in
the truck world. With the coming of
the receivership an inventory of the
factory is being made, necessitating
somewhat Of a cessation of activities
for a short time. 1t is anticipated
that this will be quickly completed
and that operations will then be re-
sumed.
During the past few weeks, while
plans in regard to the reorganization
Of the company have been under way,
all kinds of rumors were afoat con-
corning the company upon which the
prosperity of this city for the past
decade has been principally founded.
In fact some of them were wild in
the extreme. Some of them were set
afloat months ago, no doubt with a
sinister motive and served to make
the difficult work of the officials of
the company the more difficult. The
announcement of the receivership at
the factory, Friday, however, set
these stories started by idle tongues
at rest and put the community's
mind back in its normal path and
now Alma has a firm conviction that
the proposed plan of reorganization
that is being worked out by the Of
ficials of the company being for the
best interests of the Republic are
naturally for the very best interests
of the city. 1t is to be keenly re-
GREETED that such rumors and such
idle speculation, which serve no good
purpose, should be fostered on the
community where it does big dam
age not only to the company it eff
fects, but also to the business men
and residents Of Alma generally. The
main income of these people has,
since the founding of the company
about ten years ago, been closely as
sociated with the prosperity and the
wonderful business growth that came
to the Republic as a result of the
production of the worlds best truck,
and they are vitally interested in its
welfare as result.
These rumors are a clear indication
that the people of Alma did not stop
to think of what the Republic has
meant to the city, else they would
not have gone the rounds the way
that they did.
There is no denying the fact that
it has been the success of The Re-
public Motor Truck Co. Inc, that
saw Alma forge from country
town of 2,754 people ten years ago
to a prosperous city of 7,542. Not
only has the Republic been a big
boom to Alma, but it has also proven
real aid to st. Louis, which gained
materially from the Republics bus
mess success. and which naturally il