page_title: Monte Ne
section_title: Business
hierarchical_section_title: Monte Ne / Business
caption_attribution_description: English: 1910 postcard of Monte Ne, Arkansas showing Oklahoma Row
context_page_description: Monte Ne is an area in the Ozark mountains of the White River valley east of Rogers, on the edge of Beaver Lake, in the US state of Arkansas. From 1901 until the mid-1930s the area was a health resort and ambitious planned community. It was owned and operated by William Hope Harvey, a financial theorist and one-time U.S. Presidential nominee. Two of its hotels, "Missouri Row" and "Oklahoma Row", were the largest log buildings in the world. Oklahoma Row's "tower section" is one of the earliest examples of a multi-story concrete structure. The tower is the only structure of Monte Ne still standing that can be seen at normal lake levels. Monte Ne introduced the first indoor swimming pool in Arkansas, and was also the site of the only presidential convention ever held in the state.
  The Monte Ne resort was not a financial success, due in part to Harvey's failure to adequately manage the resort's funds. All ventures associated with Harvey's original Monte Ne concept either were never completed or experienced bankruptcy, and shortly after his death in 1936, the property was sold off in lots.
context_section_description: In August 1901, Harvey's son Hal and brother-in-law Ernest Halliday opened a large bathhouse on Silver Springs Creek, across the lagoon from Hotel Monte Ne. The indoor pool was the first in Arkansas. It was 25 by 50 ft (7.6 by 15 m) and 7 feet (2 m) deep and included springboards and slides. Water from the spring flowed into the swimming pool, half of which was sectioned off and featured heated water piped in from a wood-fired boiler. The bathhouse also had a two-lane bowling alley. The pool continued to be a popular attraction throughout the life of Monte Ne until the opening of an outdoor pool in Willola in 1923.
  In April, Harvey began seeking industries to move to Monte Ne, but few actually did. Monte Ne's small downtown area had at one time a general store, a livery stable, a gristmill, and a post office. The general store also served as a host for school plays and as a Masonic Lodge.
  Harvey issued his own money, or scrip, which was accepted and used as cash in and around Monte Ne. Scrip was a way of financing his mercantile without requiring operating capital. Harvey would purchase items with the scrip and promised to redeem it within 30 days. If the item did not sell, the scrip had no value. Also in downtown was the Bank of Monte Ne. It was organized by Harvey in 1905 and the building was designed, like many buildings in Monte Ne, by A. O. Clarke. The two-story, 50 by 70 ft (15 by 21 m) building (usually referred to as the "Bank Block") included the bank and a store room on the main floor, as well as a lodge room and offices on the second floor. The building was across the street from the post office. The Interstate Bankers' Summer Club held their 1906 meeting there and the local Odd Fellows lodge were among the groups who used the upstairs offices. Harvey sold stock in the bank for $15 a share. The bank lasted until 1914. Depositors and lenders were paid off and any other funds were transferred to a bank in Rogers.
  To help attract tourists, Harvey often brought in musicians and hosted dances and other events to give Monte Ne a constant festive atmosphere. He used the Monte Ne Herald, run by his son Tom, to promote these events. The newspaper only lasted until 1905, probably due to financial troubles and Harvey's publication of personal attacks. There were sporting events in Monte Ne such as tennis, croquet, and fox hunting. Monte Ne also had the first golf course, which was built sometime before 1909. Harvey's difficult-to-please nature often ended up driving away more people than it attracted. Harvey had a lights-out at 10 p.m. policy, and would cut the main electricity to the town if the policy was disobeyed, prompting disgruntled guests to leave prematurely. He was also criticized for holding events on Sunday and for banning children and people who were ill from the resort.
caption: Monte Ne postcard from 1910 showing Oklahoma Row
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