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A Chance To Invest Capital

A Chance To Invest Capital image
Parent Issue
Day
9
Month
August
Year
1878
Copyright
Public Domain
OCR Text

We have once or twice called attention to the oorabined reaper and mower, invented by by our townsman Frank Howard and manut'actur6d by the Ann Arbor Agricultural Compauy. Since the flrst trials of the machine, one of which we witnessed in the field of D. lÏBcock, Mr. Howard has made soine changes, strengtheuing the parts shown to be weak, and now, after f uil trial, declarea that he ha no hesitancy in sayiug that " it equals any machine made iu the United States." This is the first reaper ever built iu Michigan and Mr. Howard uaturally feela proud of hia success. He also deaires to utiliza hls invention by mauutacturing the reaper on a large scale. To do so requires an iucreaae of capita], as the Agricultural Company with which he ia couuected caunot eularge ita business with ita present capital. He saya: "If I am assisted to capital I can work several hundred men on my present inventions, and tor that purpose 1 offer to start the manufacture of reapers and mowers in this city ií a compauy can be organized with the amall capital of $25,000." Mr. Howard also assures ua that he has encouragiug offers from aome of the moueyed men of Jackson, but that he prefers to remain in Ann Arbor, his native town, and aid iu building it up : that is if Ann Arbor desires to be built up. We are conüdent that there is idle capital here that may be profitably inveated as Mr. Howard suggests,- invested in such a inanner as to advance the material interests of the city as well as of the individual citizens iuvesting. Such a manufactory as Mr. Howard proposes would itself give einployment to a large number of mechamos, but inadditiou would stimulate other mauufacturing mtei ests. We appeal,therefore,to our moneyed men to confer with Mr. Howard. Let him have the means to commence operations at once, with a view to turning out a large number of reapera next year. Ann Arbor's apathy or penuriousness will be Jackson's opportunity.

Article

Subjects
Old News
Michigan Argus