The workingman's advocate. [volume] (Chicago [Ill.]) 1864-1877, 1868-01-25

ss-sslaAIlvt 1lN&
o. Qrm>11on m TN Souzz Several
uthA sar-dls ~ very ssn1fbly urE,ss
III leoaI com unaiss y ibsA c6-opsgnr
~ labot go iati6ns, - ~ .bsst and
nost xesdy nssss Of rslsisvi1x the
industt1nl prospsfity .. The South. The
WIrinston, North CarolIns, Journal says:
.Ths Houthern people .srs poor, The land
ounsrA whoss broad acres are Improbable;
The industrious mechhnio, whose Iabors fur.
nish his family with . bare support; the
freedman, who has apurned employment for
politics, I'll aliks snker from tl1s prostrstion
g The ssass :: esa . ss.ongiy r icon ;s.
falling its readers truly, that cooperation Il
not . mefe combination Of worklngmeu for
supposed protection against capitalists, but
10 s'ths effort 10 give association and there
fore power, 70 Ne capital Of workingmen,
and BY its successful employ ment supply the
daily wants Of members Of society," Co
operation ID and does more than this, how
ever. IL ID scheme Of social and moral ~
well - fiscal regeneration. ID encourages
harmony and good feeling; makes the work
err work together for common good; con-
centrates power without concentrating cspi-
tai, brings, - 1t were, order out Of chaos,
and enables the laborer to live, and live well,
BY the sweat Of his brow.
No fairer ield for resping the manifold
benefits of cooperation ever existed than
now exists 10 the South. Plantations may
be worked in this manner. mechanical inaus-
tries Of all kinds would prosper under the
impetus Of eo-operative societies. and, final
y such system of asseciatec labor and in
terest would tend more promptly than any
scheme hitherto proposed, to harmonise the
conflicting elements of Southern society, re-
coDcie the fsud Of cast and color, and give
dignity to labor, which the Southern country
Ia more in need Of than anythir. else, 10
raise 1t to the level Of commercial and in
dussrial prosperity betting it, resources
and free institutions, whssh II Il now and
henceforth TO enjoy.
TEE International Co-opers&sve Foundry
10 progressing finely and viii be great sue
cess, says the Moulder's International Jour.
nal. As soon rs that il sufficiently under
way, another viii be started, and 10 on until
We have . drstcla shop in every city.
Let rs resolve, each and every one Of ms. 10
save every daIlar We can during the year
1868, and put it into cooperation. BY bend
ing or whole energies in this direction, the
mountains that stretch across our path will
soon dwindle into mole-hills.
WAsHNGroS Co-oPERArrox ASSOCIATION.
"A meeting Of this association was held on
Friday evening the 10th inst, at the Wood
ward Hall, Mr.. l. @. Carpenter in the
chair: II
On motion the election Of officers was post
ponsd.
Mr.. Carpenter. read the report Of the Board
Of Directors, which was approved BY The g.
ISOLATION. The report shows that during the
period Of two and q half months, the bust
ness Of the associs ton has amounted, in
round numbers, to $l3, 900, which was done
upon capital. Of 81, 400, the money having
been turned over nine times. The hoard i
convinced that the ASSOCIATION will double its
capital, the amount of business that can be
done with the same expose will Be two-fold,
and tho profits mach greater. The average
daily trade Oh the store during the month Of
October. ms $50. AID In November $50,
and &263 during the month Of December
The expenss of aha stere for the menth Of
December vas. $500, and the salss for the
same month $5sS26.90; upon which, setting
the profit at ten per cent, there is balae ce
of $82.7 70 Of receipts over expenditure. The
following shows the condition of the associa-
ton December 81, LOOT: Merchandise on
hand, 81 ,604.Ss, cash on hand, $25O.55
horse, wagon, harneas, &C., ss222s.05; 6x-
lures, $58S.0l; total. $2,657; liabilities,
203 shares of capital stock, 81, 1850; salary
Of employees, due December Slst, 800 Rt-
tenhouse, Fowler q Co., overdrawn, $200.4l;
balance, 4a6.49. The expenses incurred BE-
fore the store opened amouated 10 $205. 10,
add to this the amount pad to employees DO
lore opene6 $l96, and rent Of store $26, II
amounts to $S68.l0, from this deduct The
fees received ON account OF initiation, and
there remains . balance OF $l66.10, which
has been made over the current expenses a
conducting the store since first opened. Ii
has been deemed necessary by the board ID
purchase another horse in order 10 meet the
demands made upon the store sor the delive-
~ ofgoods. ss
90 OPERATION. The West Troy Cooper
alive Foundry Aseccsaticn has published its
Inst annual statement. The association was
organised on the 2ist Of July last, and now
makes the following exhibit: Real estate,
I'll, 600; machinery and soois, s. 500; man.
afactured goods on hand, q, T04.7-. raw
material. u ,Al.s5 flasks. 81, 100; cash on
hand, $5i4.75; dee from suhdry parties,
81, s64. 2i-tosai ~, 1850. liabilities
Capital stock, $l2, 1876; bills payable, 81. COO:
due sundry np-ssss-, As;Szo.U7; due for u
floor, 81, lee co. balance loss and gain, S..
1875.
THs frst annual meeting OK the stock,
hosders Of the International Uo-operativs
Foundry Association Of Pittsburgh, Pa, will
Be held IN Pittsburgh, on Monday, February
I'd. Those Interested will please take notice.
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