The Bennington evening banner. (Bennington, Vt.) 19??-1961, 1922-10-31
hat Senator Jim
MR.. HAWKS ADDRESS.
President OF Board OF Trade Fires
Opening Gun.

hl. lIdWho, Ditolutht VI tht A'oni " w
! Trade delivered at the dinner held
| Monday noon to open reorganization
campM en-
No community ever possessed a
| richer inheritance In the emulation
OF the spirit which moves mems
minds to throught and action than
does Bennington.
The lesson OF determination to nc.
complish "a definite end taught US by
our forefathers back In the days OF
l1777, should be an inspiration to the
present and future generation.
| Let ua then. citizens OF Bennington,
make firm resolve TO live up to that
reputation for intensity of spirit and
determination of purpose by accom-.
plishing whatever task We may un.
dertake, after having convinced our.
selves. lV careful thought, and joint
deliberatDn, that the end should be
attained. Organized effort estab.
| lished on such basis Is bound TO
meet with success.
The machinery for Harvesting the
forces Of any community has been
adopted by the Chamber OF Commerce
of the United States and exists
throughout the country under the
name OF Board of Trade. Chamber Of
Commerce. and the like.
Tho efficiency with which that ma.
ichinery will function in Bennington.
depends entirely upon the skin and
ability OF the operator or operators
The recently elected Directors and
officers of the Remington Board Of
Trade for the ensuing year are men
whom you all know; Arthur ]. Col
gan. William 7. Hogan. Harry J..
Cole. William H. Nichols. Chas. ficn.
berg. Lee Warner. Louis Bergerop
Fred Stickles. A. S. Payne Rev. John
L. Cole. George VI. Hawks.
Can these men be relied upon TO
carry out the policies which they are
advocating DO the results Of their
delibcration merit your cooperation
and support
Now as To the policy of the pres
ent board Of directors for the ensuing
year At the first meeting O, the
board after a full discussion OF the
conditions which now confront us,
the opinion was unanimous that two
things are imperative at this time
First-That nothing can be accom-.
pllshed lT an organization without
sufficient funds to carry on their pro
gram and looking TO this end, pro-
gram OF financing this Bennington
Board OF Trade is now in progress.
the details OF this plan will be dis.
cussed later by Mr. Morgan. who is
among our guests today.
Second-The devising of ways and
means whereby every man who de.
sires employment in town may be
properly housed--it being estimated
that there IS shortage OF from 80 to
100 houses under normal conditions.
A housing committee has been
created and definite plans are now in
progress.
There Is no man or woman In Ben.
nington who does not realize the all
important part our manufacturers
play in sustaining our economic life
the new dollar brought in by them
from the sale N manufactured pro.
ducts in other parts OF the United
States and Canada and Europe Is
spent here for labor.
II means bread and butter for us
all.
economic standpoint. the exact money
value of each man who has been at.
tractcd to Bennington as place to
live.
Chief Powderly OF the employment
bureau. at Washington has said that
the economic value of any man to the
community in which he Is employed
is equal to capitalization computed
on the basis of his gross earnings be
ing equal to reasonable return on
the investment, say o per cent. To
| illustrate. II mans earnings arc
$1,000. per annum. $1,000 equal per
cent return on a capitalization OF
$50 900: II his earnings are S24O0 per
annum. that man is worth $4,000 TO
the community in which he lives.
II Is therefore fair to assume that
every man In Bennington is worth
from $4,000 to $4,000 To this com.
munity as a producer,
To Illustrate aga,n, with 500 EN-.
ployces in the Holden Leonard Com.
pany mill with an average individual
earning Of say $500 per annum, the
economic value of that institution
to this community is then Sl2.500 600.
Tho value of the grand list OF all the
real estate in the village. ms Per the
Quadrennial appraisal Of 1919 was
S3,S22,3g7. The economical value
then of only one of our splendid in.
dustries Is worth to Bennington more
| than three times our real estate ap.
lpraisal Does II not then bchoovc
MS all to support the manufacturer in
this community who Is doing SO much
IN contributing toward the CONNER.
cial life of this town
The present board Of directors win
lcl-opcrate to the limit with our man.
ufacturers.
Tho policy OF the preset directors
may best be illustrated by comparl-
son to Captain Boyd. howitzcr com
pany Of the Vermont National
Guards, lined up at target practice at
the last State encampmcnt. Every
eye focused on the bulls eye of the
target, one definite Object with n
standardized weapon and high pow
cred ammunition.
II porchance a bullet shon'd now
and then 20 astray and accidentally
kill COW peacefully grazing in an
adjoining pasture, we shall at least
know who killed the COW and attach
responsibility to the proper party.