The Evansville journal. [volume] (Evansville, Ind.) 1866-1870, 1867-11-01

newspapers from all parts of the
kingdom. Some had volumes from
the library in the adjoining room,
Others were looking at stereographic
views. " We have eleven newsrooms
in the town." said the gentleman in a
whisper, land eleven stores. Then
taking me into the street again. he
pointed out the new buildings Of the
society not yet completed-the hand
soonest In town, built Of stone. We
shall have three shops on the ground
floor, with storerooms in the base
ment; in the second story we shall
have dry goods and a storeroom for
the grocery, and the offices of the So
ciety; in the third story a library
room and heWs5 room,z and. il the
fourth story hall capable of seating
1000 persons,
-I''i' How much will it cost?" u
About e10,000. 600. 000) We had
a meeting last Saturday night. Dir.
Hughes (author of : Tom Brown, }
was up here, and Mr. Morrison
who is also member Of Parliament
land we had grand time.
Thomas Hughes has taken great
interest in the plan Of cooperation;
so has Mr.. Mill, Mr.. Morrison, and
other Liberal mem bers of Parliament.
1t was my privilege to meet Mr. Nor
rison and obtain some exceedingly
interesting facts from him In regard
to the movement.
800 A CORN MILL. I'll
Following my guide I soon found
myself at mill--a large brick build
ing-from, which came the sound Of
the grindfng-fftee stones, which
whirl increasingly from Monday morn
ing till 10 o'clock Saturday night. 1t
went into operation in 1851. The
object of the men who erected it.
workingmen, all Of them-was to pro-
vide pure, wholesome -four and meal
of the best quality at the cheapest
rates. They started with capital of
$13, 900, but through mismanagement |
lost $4,000 the first year; but in 1852
they had a profit of 81 800, and from |
that tine to the present the mill has |
been turning out meal and profits; in |
1866 at the following rate: funds, |
business, 81, 10000; profits, |
90.000l -
The capital Of the Pioneer Society
is raised in shares Of s.. A person |
TO become a member of the Society |
must take out five shares, and no |
member can hold more than one hun
dred. They may be paid at once, or
by installments Of seventy-fve cents.
Profits are divided quarterly. First,
The interest OF. . per cent. per annum
bn paid up shares; second, deprecia- |
bon of fixed stOck-buildings and the |
ike-at 10pereent. per annum; third,
p per cent. for the reading room,
library and schools; and the remain
Her among the members in proportion |
TO the amount expended by each in |
he stores. The library contains about |
900 volumes.
This is the result of twenty-five /
years adherence to the principle |
adopted at the beginning. By the |
census of 1861, there were only 700 |
Inhabited houses in Rochdale; the |
humber now probably exceeds 5000, |
but the number of members belong !
ing to the society is nearly or quite
Z 900, showing that seven out of every
eight of the householders are enjoy
Ing the benefits of CO operation.
This is the simplest and probably |
the most effective form of co-opera-
zion. Other principles have been
adopted by other societies, but this of |
The Rochdale Pioneer will probably
best commend itself. I shall have
more to say of the working men of
England in another letter.
CARLETON.
Boston, oct. 2l) Cor. New York Express.l