Evening Republican, Volume 16, Number 49, Rensselaer, Jasper County, 26 February 1912 — Trio Going to Ohio to Investigate Match Factory Plan. [ARTICLE]
Trio Going to Ohio to Investigate Match Factory Plan.
E. L. Hollingsworth, D. S. MaKeever and B. Forsythe will go to North Baltimore Tuesday to investigate the proposition to consolidate the match factory at that plaice with the- one promoted and partly constructed here. The plan of W. W. Sterling, the promotor, is to interest local capital and it is understood that the gentlemen who are going to look the plant over are prospective Investors. In view of fact the discordant tone in oaf factory" article may have been a, bit ill timed. The Republican certainly hopes that something can be done to put the business here on its feet but the outlook a* we see it 1# yery unfavorable. Should It receive the financial aid and business direction, however, of men of ability of the committee members, there is no reason .why it would not be put upon its feet and successfully operated. W!e trdst that our doubts As expressed in the artlei# referred to are not well founded, and our is not apt to be rehabilitated by any act of the promotors. If the factory is rescued and put upon its feet, it will have to be done with local capital and local management. If the gentlemen decide to go into it, they will doubtless determine (thoroughly the security of the Investment and .be represented on the board of control of the factory. If carried out, as proposed, the factory would be run on a much larger scale than at first proposed, ' The Republican yvill refrain from publishing anything further about the transactions of .thp factory people that have convinced pa of the present uncertainty of conditions, hoping, with all who are interested ip the welfare of Rensselaer, that the scheme at present promoted may be successfully brought about.
