August 14, 1925 – Petersburg needs a cold storage plant. There is enough money here to build a $50,000 plant through cooperative work. The general opinion is that it would pay from the start. To build a bigger plant it would be necessary to get outside money. Outside money wants local people to put up 40 to 60 per cent of the money and assume all the risks with whatever profits there are to going to them. A large plant, moreover, would mean a high-priced expert from outside and a much heavier overhead. A smaller plant could be managed in connection with some of the industries already in Peters...
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