New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1842-05-25
Organization Of Associatiou.


employing and investing Capital in Association.
and Of the yane of Real Estate in TIL. new Ordcr.
ne advantages which Association offer, in these
respects must strike tho attention of those two
Glasses whose interests suffer 50 much from the
frauds, REGULATIONS and revusions OF Societies
After lie spent in making a fortune, uew dh-
cuites and anxietcs arise in preserving and guaran-
teeing children who after the death of the father
often the victims OF frauds and bankruptcies.
OF iaithess or Careless guardians. These dangers
viii the moment Association j. organized and
this advantage. ii strikes us Is among the first De
pointed out.
Land. in Association, will no; be owned without
guaranty of product. "A, is so often the case
Civilization. An entire Association cutiyatng
Domain, becomes secsrity To the Capitalist who
owns Stock (Which Is the same as owning the
land and edihces, they are mortgased to secure
it) and in of damage by nail other acct
dents, the Stakeholder i to receive the MINI
nua rate Of interest, which is guaranteed to him by
the entire Association and by those oi the region
around. In Association, different Establishments
insure each other against such losses.
Capitalists, from pride or d.slru.t, may be OPP
posed to Association; must multiply, coirsc-
qucnlly, detail, 10 satisfy them; must prove to
them in various ways that ia our present Societies
they are deprived Of all the advantages which they
desire, and that in Association or the Combined
Order alone they will possess them.
To hear pcop, talk, it would be supposed ihdt
they possess fine domains superb landed estates.
But what interest do those estates Weld Hardly
three per cent after deductins aXc- delays. Ihcl,,
accidental damages and lawsuits which in our So
cctcs cannot be avoided, ior according the adagc
% Who has soil has turmoil" There are, Le,idcs.
years when there is complete failure OF crops, sud
the andholder receives nothing, which must be
taken into account.
If Capitalists understood our system, they would
feel rcpuEnance to investing their property in the
Of an Association. Are they not at
present in copartncr,hp with each OF their tenants
In Association the entire Establishment is in copari
ncrsnip with them and becomes their tenant. All
s lands, cdifccs, locks and manufactures are
norteagcd to secure their Stock. W i'll they OBJ
ain any such security in the present system -
VII they see a hundred families pledge them
selves collectively to guarantee them az income
rom their undsl
II IL only in Association that they will ind
l. Guaranty Of fixed income exempt from deduction for
uses which NAV be sustained by the lands, ed6ces &C.
Greas increase of real positive revenue, owing to the
Increase in production.
g. Increase Of the clear proGtLy exemption from Academia
superdoustaNes and assessments, lawsuits
T. Additional profit. of Labor and SKILL without the care
md anxiety of supervision.
To these various advantages i To be added ,
mother, which is unknown in oar present Order /
md which its inanciers would never have sue
coded in realizing: it j. the Towcr Of rendering
Real Estate transferable and circulating me ,
I;nm. which can be- converted at will and without
n,s into money.
Every Association will, when called upon. buy
is shares at the valuation of the last inventory
with interest for the part of the year winch has
.xpitcd. Thus, did Capitalist possess Millions
,. could realize his fortune at "A momcnts notice,
md without loss or expense.
If an Association had not funds on hand TO pur-
-has,, the shares Of large Stakeholder. the Conn
ril Of the province or region IN which 1t wa
situated. woud advance the money and take the
Stock. which in Association Is considered u' the
best of investments.
The Landed Stock of Association Yields large
interest without the trouble of individual super
vision and wiihou, acuIrng any risks The shares
cannot be lost burned up stolen, a they are
registered on the books OF the Association and on
those of the capital OF the region.
All property consequently will become con-
ycrible in Association, although well invested
bearing large interest, and secure against frauds.
This conyertibiiity of property Is point on which
our political economists fail entirely 80 difficult
i. it to command ready Capital that the hpgIisA
deposit large sums with bankers, receiving no IN
ter,.t aud mourning the risk Of bankruptcy for the
sole advantage Of having ready fund, at command.
man in large commercial town may also keep
convertible Capital on hard by informing himself
daily OF the credit Of Business men, bat even IN
this ease, il he is not very careful IN his invest
mems. he finds himself involved in lossc, by frauds
and failures.
An Association can in no case become bankrupt
or carry oa its lands. edices, manufactures and
A9cks. az could be done with the Capital OF Bank
\ collective and reciprocal insurance will exist
against all damages by the elements, which will
however, be very much reduced by system OF
general cultivation. Conilagrations viii also be
reduced TO almost nothing, owing 10 the precau-
tions which can be taken in the construction oil the
edi6ce. Of Association, and in ii. domestic system.
\ minor run. no risk Of losing his property or
Of being wronged in the management OF the Pflh-
c;nol or income: the administration OF 1t Is the
.anc for HIM a. for the other Stockholders II lie
iuhert. Stock in diver. Associations. the Stock Is
registered on their books: ii bears the same liz
tercst for him a, tor Others, and can under no pre-
text b, transferred for him until hc i OF age "hen
q H., -. g, a he rhn.s,-