Flora Journal-Record

              VOLUME XI
THB tacaeAJb, toL, ss.,   no. 7
FLORA, ILUNOIS. THURSDAY. FEBRUARY 15, 1923
NUMBER 22
THE SHOE CONPANTS .   DEFINITEPROPOSITION
Nade to Citizens of Flora in Order to Locate
and Operate a Big SiHie Manofactuiiig
Plant in Onr Hnatling Qtf
PENOO OF THREE YEAKS TIFIE QIVEN SUBSCRIBERS oppsmruNiTY
"Muter of human destinies am I! Fame, love and fortune on my footsteps wait; Cltieg and fields I walk, I penetrate Deserts and seas remote, and passingr by Hovel, and want and palace—soon or late I knock unbidden once at every gate!
"If sleeping, wake—if feasting, rise before I turn away.    It is the hour of fate. And they who follow me reach every state, Mortals desire, and conquer every foe ' Save death; but those who hestitate.
Condemned to failure, penury and woe; Seek me in vain, and uselessly implore, I answer not, and I return no more."
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This principle applies to the city of Flora collectively, as well as taidividually. It is the hour of fate for Flora The op¬ portunity is here—knocking at the door. Upon the decision of ^e people of Flora within the next ten days depends our future growth and proaperity.
The 1920 census gave Flora a 81 per cent growth. Wo cannot show this per cent increase in the next census Unless we locate an industrial plant that will furnish emplojrment for our boys and girls. They must have employment—either here or in other cities and states. At present time there is not an extra job in Flora for any boy oi* girl, ihan or woman. The B.Sc O. is f umisliing a big lot of employment—b^ there are no more po¬ sitions open. The division offices have gone—probably for¬ ever—we must have a pay roll to offset this loss in wages. A shoe factory operates 52 weeks in every year—absolutely de-, pendable, steady employment.
THE INTERNATIONAL SHOE COMPANY PROPOSITION
For 175,000 and a site furnished this Company, they agree
^locate one of their standard factories here.    This $76,000 to
ba paid in four installments as follows: One-fourth on March 1,
1928; one-fourth on May 1, 1928; one-fourth on July 1, 1923;
ona-fourth on Sept. 1, 1928.
The Shoe Company agrees to have complsted and in opera¬ tioa by Sept. 1, 1928, their factory. The building is to be ap¬ proximately 46 feet wide, 200 feet long, with a basement and throe stories, and to contain 89,000 feet of floor space.
The Shoe Company guarantees to pay, during a period of ten years, in wages, twenty times the amount ($76,000) min¬ imum guaranty—and it will probably greatly exceed that amount. In case the Shoe Company shall not expend the guar¬ anteed amount, then the Oompany refunds the per cent it fails to expend.
Thj» employees of said factory shall consist of both male and fliaale between the ages of 16 and 36 years, the probable ratio b^g 60 per cent male and 40 per cent female.
LIBERAL TERMS TO FACTORY SUBSCRIBEItis
Although the Shoe Company will have to be paid the en¬ tire amount of $76,000 by Sept. 1, 1923—the date the factory is ready for operation, yet the Committee of Flora citizens have secured very liberal terms for the subscribers to the fund, hav¬ ing made the arrangement through the two Flora banks.
THE TERMS OF PAYMENT:
One-fourth of your amout subscribed must be paid down; One-eighth of the amount on Sept 1, 1928 One-eighth of the amount on March 1, 1924 One-eighth of the amount on Sept. 1, 1924 One-eighth of the amount on March 1, 1926 One-eighth of the amount on Sept 1, 1926 One-eighth of the amount on March 1, 1926 This arrangement will give all subscribers to the fund three years thne on the six deferred payments.
Each sabseriber will be required to make a bankable note, at 7 per eent per annum, notes to be serial, falling due on above dates. The giving of these notes is absolutely neces- ¦siy to ttie financing of t^is proposition, for time cannot be se¬ cured from'tibie banks unleas they receive interest on the money they have advanced. And the five .trustees who are to handle the fbaancial end of this matter and assume responsibilitr for the payments of the obligations must have ample security to protect them. They will be selected from among Flora's most prominent businesa men.
WHAT THE FACTORY WILL DO FOR FLORA:
Increase the value of all real estate.
Increase the population of our city.
Give employment to all labor of the city and country near¬ by.
Provide a payroll of at leait $1S0,000 yeariy.
Prove a ffood thing for the labotar, the bosiness mao, ths property owner aad every eitiaeii.
WHAT THE FACTORY OID FOR OLNEY
Filled 200 vacaat houses. Inereased property valiaM 26%..
Increased thehr populaiiOB more than 1000 withia two years.
Caused TV new residences to be onllt. Pnt in eireolation more than $160,000 yeariy. Pleased Oiney people to well  that  they  are  ready  to i-t'   finance anotfier faetiHy-
ERTWSIASnG SHOE
ncim mam
BtM at Ubrary HaU taaoAag «•*»• iac, Witb Biic Crowd and  Um
MANV   SOUOITMIS   VOIiVNTBaR
eltl-
The masa meetlaa ot nora zeos held at library hall oa niafat proTod bishly entbaslastle aad the hall was coatfortably fUlad witb people Intensely tatareytad ia tbe proposlUon of eatabltshmaat of a big industrial planttor riora.
The meeting was called to ordar by President F. H. Simpson at tSe riora Coaunerelal Club, wha >raaldad throuKhont tbe eyenins. Mr. 8lm^ son stated the object et the aMwting and gara eom* inforataUon obtained by Banker Oeo. MeOabey ot Olney, regarding their shoe factory there, ihowing It to have proren a bettar thing tor Olney than they had ex¬ pected, dnd that the International Co. were more (ban fultl Illng th^tr guaranty as to amount ol wages paid.
"America" was sung by tbe aud¬ ience, led by Rev. O. W. Zink. follow¬ ed by pn^er by Rer. F. R. Miller.
Short booster talks were made by Col. Randolph Smith, K. S. PMttihett, R. H..Orant, L. M. Wood. Joe Oregg. W. A. Karr. M. R. Winterman, J. Bowman, D. F. Hodges, B. K. Bear- era, B. M .Maxey, Rot. r. H. Miller and Ralph Stogsdlll.
Volnnteers were called for by Pres¬ dent Simpson to act aa subscription solicitors tt> the taetory fund, to as¬ sist the executive committee of nine In securlDR the finances. Tbe re- st>onse of citizens was very gratify¬ ing, about 80 responding as followa^
Ralph t). StogsdUl, A. A. Adams, J. M. Carney, E. K. Beayers. B. D. Teck. D. SS.Bodges, L. A. Ward. ErnRst Teyttft, Earl Taylor, B. 4^ Allen, 0. B. Oibson, A. J. Kemsti S. C. James, Meryl L. Oaban, w: Zink, M. R .Winterman, Lashbrook. Oeo; Chandler, Wm. Lindsey. W. C. McCaully, W. A. Karr, Sam Bryden, C. S. Cunning¬ ham, N. B. Prince, A. C. McDannel. T. S. Pettljohn, Rey. W. I. Terhnne, F. B. Goldsby, C. W. Venable.
Headquarters hare been eatabllab- ed for the factory drive In the west room of the Friend Oroeer Co. aad a btg sign calls attention to tbe loca- Upn. ,....   ;.,.
The executive eommlttee of Is composed of F. H. Stmpson, chair¬ man; R. H .Orant, viee-chairman; J. C. Scudamore. H. F. Pixley, J. Bow¬ man, Bd Mann, Col. Randolph Smith, T. J. Friend and L. M. Wood. The latter was elected seeretary tor the committee. This committee wel¬ comes assistance ot every citizen in every way to put over the big under¬ taking. So far, tb