Show Br r 58 HV Another nother Sugar Factory Move r. J I J 46 There has been heen lot of ot talk tall a t I about erecting a sugar factory a at ator or ne near r Gunnison but just when I. I r when the plans seemed perfected to that end in iu steps the Utah Sugar t r company and says it cant he be Ii But B of of the enterprising I ut some have de decided dec det de- de J- J Ii men teen of the two tyro counties t c Bided ded to look for another SOl source tr t than an that of a n. monopoly and with success Home capitalists capital capital- l- l apparent been lD induced to take tak up f. f 0 1 fists tS have haye c f th the the project and t they ey put pose posea in which the building n a factory lD the r farn farmers ers themselves s shall acquire part ownership s said to Salt Lake capitalists are offer to put up up lip the required eq ired ar amount no t. t with which to erect a factory factory fac fac- acl ac- ac l tory tory taking taking 55 55 per cent of the the i R k th themselves l ves if the fr farmers mers J T m V 4 f hP 5 z t a per perc r cent nt It I is IS further pro proposed roI ro- I o loan the farmers wh what t jJ posed ed to money they money they need to meet their V portion h of th the investment at four four and nd one half per cent per annual t interest est for twenty years It 1 is estimated that the factory's profits I during that time will be more f 2 ft than thal buffi sufficient to pay back the 1 bond of the farmers then have a j chance to b become come owners In the without apparent rent factory any app It rt H ou outlay tl uy The rIh 0 propose proposed d 1 idea d ea is IS is' is f for forthe forthe or j the purpose of getting the farmers directly concerned and consequently consequently conse conse- their theil assurance of continued continued contin t h hearty arty support to the factory addition The capitalists asks in I f. f a grant of from two to three threet t r thousand acres of land with sufficient suf suf I suf sufficient water right Some of the t have already given larger r r this promise and th there re ib is every i I i indication that the scheme will be put into effect ct and the factory i. i established J A d meeting ig of those proposing the investment was f scheduled to ta take e place in Salt 15 rf L Lake o last lat Tuesday and as as soon as asi can Arrangements be made they i y intend meeting with the f farmers armor dit to to p present and perfect t their plans Henry A. A Kearns who wha has been in Salt Lako the past two weeks JI f in the inte interest of this this' n move ove is is qu quoted in iD T Thursdays Thursday's Tribune uDe assaying assaying as os I saying I v If Hlf the tho farmers of Sanpete and counties are ready to protest pro pro- r Sevier eVier COl pro protect fl f t test teet themselves from the unjust r. r I 0 1 demands of the Utah Sugar com company company company pany and will join jOlI together r in one determined stand for their rights a new factory will be he erected in inthe i tho the near future futuro by Salt Lake capitalists which will cost not less than As Asis is well known by those who have kept in in touch with the con- con conI I i in these two counties the j I producers have been compelled to put up with whatever the Utah Sugar company elected an- an and then when promoters came n along ng and offered to build a factory and and- se se secured cured concessions from the farmers farm farm- ers rs it was fo found that they w were were re simply doing so in order order- to sellout sell seil sellout out to the trust which in this in instance instance instance in in- stance is noth nothing ng more or less than I th the Utah Sugar rc company pany What i f t f p m U tj vt the attention att n of i 1 capitalists cap men men- whom hom we have confidence i id iii and trust to thorn them to te operate co-operate with us in an undertaking king wh which l will n mean enn be better ter p prices for t the tho o of f farmers and the successful operation Opera Operation opera opera- p ra- ra tion iol of the fa factory to y a as w well ll It It is now up to the producers I 1 Th The money is is' is' is ready any time that they are ready t to enter into a proposition that will wilt be bo satisfactory satisfactory satisfactory tory to both parties s. s I will re report report report re- re port to the farmers who sele selected ted me to call upon the Salt Lake men and make my report If H they y are satisfied with the proposition a amass amass amass mass mooting meeting will be held d in in the near near future and definite arran arrangements arrangements arrange arrange- e- e ments entered into I |