The following text may have been generated by Optical Character Recognition, with varying degrees of accuracy. Reader beware!

m! I few days ago [llfll‘B'W'LlS :1 infilill element of doubt as to wherho or or not the cement plant shoull be mablilhed. Last wnek we broke the new. to our readers and stared what, '0 believed a positivta tinth that Hon nnother )Cau rolled by the ‘OWI 0! Durham wo ild lune erec (Ml hi. its boundary a Inugnilimnt t plant, unrivalled by anything 4 it. American Continent. We, “we a few links in the chain (f pment, from the silent searvh- 0‘ Neil McKwhnie, in the pound b0}: holes of the neidr M, up to [ha securing of tlm O charter for 31:») 001), and the 3, changes which brought about union between the Peninsular In Company. of the State of ignnfnnd the infant Company ' OIgnnized by local subscrip- Birds Eye View of the h. condition of the a :reement fn' Iomuon of :he iulusus, Is thin has .ud viunity shall suhsmibu bto the extent of $1 0. UUU, tin amount [or which the former l’ was granted. To raise this an! in the short period of I seemed a tremendous im- ly. The list was headed by ‘a‘. G. t J. McKechIIie. at- their signature for $25,000, Claibooks were sent out. pica-coal success was most liffiug, and in two or threv days mam swelled to 850,000. Mr. mm", on. of our sbx’bwdwst - Ifl‘ cautions business men. m hi. impliait confidence in nah-o by numlibing 85,000. hit”. an .100 each, and are . phi“ up 00 nmdly that before “he. come 0! our near Mum will be located seems like a fairy LL18 mu] to) IO be true ” These wt‘ft! rim . of a citizen a. few evenings fwhon the question of the calm-m . It)! was introduced in a “HIM gating. But that the realization ,“0 grand scheme has now rls‘en O the Sphere of uncertainty is Red by everyone, and the whole of converszglion wherever you town or country soon turns to induflry now being worked {There is a Tide in the Affairs of Men Which Taken at the Flood t Qads on to {orttlne.”--Shak. ISIS THE TIME TO GET YOUR STOCK “fl ml vahw in Tuiblr P 3 Km»! o-HP-hJH' r1 IH'lws wiclv ‘_"w T'.‘ a High Iplo-zu'ho t! .tt -' nu. nlw “’1' «.h', C. L. GRAN T. ,. :1’- :53- .4. The enormous amount of materid quuixed. it would be impossible for us even to imagine. Six are: under cover, and every building. firo-proof in its construction ,being nude whol- Let us suppose the average daily \Vng‘OS of skilled and unskilled labor to be $1.50 per man or 3750 a day for the whole gang of 500 men. This means $2,500 a week. Carrying the estima'e a little further it_ amounts [0 $20,000 a. month, roughly speak- ing. or $180,000 for nine months for labor alone. These 500 men must be ferl and clothed. and the food at least must be supplied by the formers in the vicinity, whose home market will be increased by the presence of theseworkmen and the paying of mid~ dlemen for handling their goods and lreit ht for transportsticn materially permitted to draw on our imagina- tiou for a moment and figure out the pay sheet. alone the amount will muse bewilderment. The proposed plant here will place undul' cover an area of six acres, and will cost the enormous expenditure of six or seven hundred thousand dollars. The construction of the works alone will almost stagger the imagination, as our readers will con- ceive when we tell them it will re- quire the labor of five hundred men tor a continuous period of nine montins. Many of these {must be skilled mechanics, and if we are 'lhe important part that Cement is to play on this continent in the very near future is but imperfectly under- SlOJIl. Every year brings on new items and increasing demands. Dur- ham aml Vicinity has an almost inexhaustible supply of the raw nmterial. Towns and cities through- out. the length and breadth of Canada. and the United States, are finding that their orders can not be filled though all the existing plants be worked to their utmo~t capacity. Cost $600,000. Output 1,000 Barrels power is to take the place of steam, and to generate the electricity neur- ly all the water power for miles around has been secured by the Company. A Where can all the necessary raw material be obtained ? will follow as a pertinent query. At a thousand barrels a day will not our deposits become exhausted. We answer, No. The recent investigations show that The next point to which we refer within a radius of eight or ten miles may not appear satisfactory to the from Durham there is suflcient ma- laboring mmdnumuch-fis the perfect terial in eight new to last for two nature of the machinery used will hundred years if made up at the treble or quadruple the amount of rate of five thousand barrels a day. work done in similar factories. It is In one place the auger‘was sunlr be- said that. to turn out one thousand tween fiftyofive and sixty feet, all barrels aday. not more than 250 or through the best of marl. and the 300 men will be required. Whereas bottom was not reached. Fifteen. in similar institutions the output twenty and thirty feet of solid marl would not exceed one third that is acomrnou depth inmany places in amount. 0n the other hand the It may not be out of place to men- tion in this necessarily brief article some of the uses to which cement will be applied. Thousand of towns, cities and villages will use it for sidewalks. In the not very distant future it may be used in ordinary street and road building. It is al- ready largely used in the construc- tion of stable floors. It is rapidly taking the place of stone for the foundations of buildings and even in the entire construction of walls. As timber becomes scarcer and dearer it will be largely replaced by cement. Artificial stone will. in all probabili- ty, take the place of brick. Immense quantities will be necessary in the building of canals and bridges. and it is almost safe to infer the material will be put to thousands of uses not now dreamed of. When completed the output will be a thousand barrels a day. This amount the ordinary mind would imagine sufficient to glut the demands of the world, and cause cement to be a drug upon the market. But such is not the case. One American firm alone wishes to contract for a million barrels a year and allow the contract to extend over a number of years. Gigantic, as the output here would seem to be, we could not produce sufficient to supply that one de- mand. A thousand barrels a day for say 300 days in the year would be only three hundred thousand barrels, not one third of the amount required by this one firm, and there are scores of others in like need of the products of our marl beds. 1y of brick, stone and iron, with the single exception of the cooper shop, is something we would not even dare to figure on the cost of. Yet these are necessary for the equipment of the plant. Again the machinery alone will make 140 car loads, and all this coscl'y machinery must be install- ed for the thorough equipment of the plant. before one dollar’s worth of the raw material will be converted into the finished product for a wait- ing market. with the the radius named. \Vith such data. per shop, is this before us we are safe in say- even dare ing that the supply will not be Yet these exhausted during the next three or pment of four generations. Limited. ’ From the review of the situation given in this issue and previous numbers of the paper, it would, we think be well for every person having a hundred dollars to spare to make a practical application, and secure a portion of. the stock while it can be had at the par value. The history 1 of such institutions, inferior though 3 they all are in equipment, shows that 1 they pay a good dividend and will 3 yield a larger return {or money in- 3 vested than can be obtained in almost I any other way. The demand will, I for years to come, be greater than I the supply. and while such a condi- ; tion obtains the prices will naturally remain good with correspondingly l good dividends when such are de- i clared, yearly or half yearly as the case may be. One very desirable ’ feature in connection with this in- dustry is the fact that it is to be all Canadian capital with the exception of $150,000 to be taken by Mr. Cow. ham, president of the Peninsular Cement Works, now ready for opera- tion in Cement City, Michigan. Dur- ham is to have the privilege of sub- scribing 8150.000 as hereinbefore . stated, and certain proportions of the stock are to be ofiered {or sale in manyof our large Canadian towns and l ified by investing Canadian money in a a Canadian industry. and a Canadian E industry too that will outrival any- be an exact duplicate. only difiering in so far as electricity as a motor power is to take the place of steam. and to generate the electricity near- ly all the water power for miles around has been secured by the Company. H~:., OED-HI!“ t4 Thursday, February 2 1 st -- 9 7â€"â€"â€"â€" - -.- â€"._._____ 1901 of an increase in all. These 200 families must be provided with 200 homes. and as there are no evailubla dwellings now, they must be provid-. ed new. This alone will make an increase in the necessity for hint. and a large drain on our brick yerds. our factories and our mills, where additionsl lebor willelso be required. '_ vâ€" 3 previous part of the article, the industry under c‘ensideration will furnish employment for say 300 men. These 300 men must be brought into town. as few unemployed laborers are now to be found in the vicinity. These 300 men let us imagine.. will represent 200 heads of families. each averaging say five members, or 1000 The easiest way, perhaps, to reach a man’s pocket, and through his pocket get his support is to show him that what he has to Sell will produce more money. and what he has to purchase can Le goc for less. With the latter phase of the proposi- tion we do not propose to deal, but Just let us for a moment consider one or two things. As we pointed out in To provide also for the safety of Durham, the agrement provides that out of a Board of five Directors we are to have one. The terms of the charter and the prospectus set forth that the works are to be located within the town of Durham. 'l‘he Klondike of wealth we have therefore at our feet is ours now to develop. and at the present time there is no one so pessimistic in his make-up as to doubt for a moment the advisabili- ty of helping the scheme along, if he can at all see his way clear to do so. Again the establishment of such an industry, is sure to be followed by something else, and thus a large population will soon be the result, and the present hamlet, compare tive- ly speaking. wrll soon develop into a populous mart of trade. To expand the idea, and show the resultant benefits of a large population both on town and country alike. we may safe- ly leave our readets to develop. But we should ever bear in mind the one grand idea that citizen and country man have a community of interest, and the inter. relation between the two factors of the community is such that one can not exist without the other as a counterpart. Each factor is necessary in the perfect and symmetrical development, ofa har- monious whole, and we hope our readers will never lose sight of this unchangeable principle of inter-de- comparatively small amount of man- ual labor required for the enormous amount. of work should be a strong inducement to the man of small means as well as the capitalist to put his money into the business. Another proof that money invested in cement is a good one may be learnt! from the (not thnt nnnmber who have already invested in similar concerns ere coming (Ox-wad you“). tarily and subscribing “90k in the concern here. cost. Such We claim is the character of the inetmtions under contemple- tion, end every one is cognizant of the importance of .iuvcctinz his money where he has the best cecur- ity, and can get the best return. We refrain throughout from men- tioning other cement industries the existence of which will not be ufiect- ed by our more modern plant. There will Still be enough for all to do, but other things being equal: the busin- ess with the most perfect equipments is sure to be the one that will turn over the greatest profits to the share- holders, and should the time come, but it ie not likely to come in ouri day, when the supply will equal or‘ exceed the demend the advantages for competition lie largely in favor of the institutions with the best equipment. and is upeble of uroduc- ing the finished erticle at the lowest The Stock books are still Open and a number of gentlemen are ready and willing to present the case, fairly and squarely we believe, so that you may have an Opportunity while the opportunity lasts, but it will not last long. Only a few days more and the‘ chances of buying stock at par will ‘ forever slip from your grasp. This is as we view the matter. and we believe we have examined the scheme with the utmost impartiality. To furnish material, the timber still remaining in our forests will have to be converted into lumber. and herein the farmer reaps a benefit. But these necessaries will be but for a time. Soon, let us assume the homes will be provided, but the additional thousand added to our population must be fed and clothed. Whether the merchant or the grocer, or the butcher or the baker, or whoever he may be, supplies the daily needs, we must go back to the soil to get our wants supplied. and thus we think the proposition has been demonstrat- ed that every farmer, as well as every townsman. will be naturally benefit- to the town. a moral and substantial support in an industry so universally beneficial to all classes. Many of the farmers, we are pleased to be- lieve. are giving material aid, and we believe that every one of them would do likewise if he could only view the matter from a correct financial standpoint. Tth Laxative Bruno Qniuine l‘ubghf Al‘ {I mfund the money if It MI..- am so .. W. Gmw'u signature in on «such tax. ' him in his hour of affliction. That a copy of thin Resolution he forumrded to brother William Weir by the Recording Secrecurv. Wu. Jomtsmx. Jl.. Wu. BLACK, Recording Sac; Chief Ranger. Court Room, Durham, Feb. 14, A. 1).,1901. At a regular meeting of Court No. 111.1.0. F., held in the Court Room in Durham, on the 14th day of Feb- ‘ruary. 1901, it was unanimously reaolved as follows: anmnox . That this Court does hereby tender to blather William \Veir, its pro- found and heartfelt sympathy with him in his luto sad bereavement; trusting that an Almighty Providence will mercifully sustain and comfort him in his hour of amiccion Court Durham, No. 111, Independent Order of Forestere. gownaconnmonmy. Mclxn'nE BLOCK - - Iowan Town George Lawrence, Durham, - - Ontario. Flour, Feed, Grocery and Confectionery Store Shem" 8; Bench». NEW STORE JUST OPENED. *Wm‘f ¢~ NEW PRINT. A few doors South of the Middaugh House, and sol- icit a share of your patron- age. Esme” thing first. class. Everything fresh. Ptices the lowest. We beg respectfully to in- timate to the residents of Durham and vicinity that. we have opened a During the Holiday Seton: The Furniture and Under: the firm name of Showell Lenehan, a partnenlu’p having been formed {or the transaction of buolneu. Old Customers and new one! ere respectfully requelted to call and visit us in our new Show Rooms in the McIn- t; re Block, next door to the Bank, where we will be found night and day to cater (.0 the wants of ell. :3?