New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1869-12-18
Total.............................."....sl.756

He will thus have received fully if ut more. than
the usual income "A mechanic, beside sick WhlCh hc
could sell for cash 10 the amount Of SlW. without
touching his principal of 1900. Ili additional
stock of course draws a 10 per cent Nideid next
year. Compound interest al this rat, Is very EN-,
cOuragiug and gratifying. DO moi uoDt' thougn -
never enjoyed it except in antclpatioof that JOY
full moment when too NAV throw way the pen
and become "a miserable lcoOpelatiNl mechanic
Zone question more, Mr. Mamie. Doon Keep up
yOur connection with the Trades UnloLi
oh yes. We arc members of thcJnion ana
nav Union prices. or a little better. lie men TX
their own prices for piece work they al reasonable
about it," =,
And don't kill the goose for the goldh eggp
/ "No; they are too smart for that Buthe trades
Unions heFe are of no use now really mere nav :,
been no strikes here since We began to Accce1' ana
there won't be any more soon. The Oll-maSters
here talked of "a reduction IN rates lastg year. lhcy
held meeting abOut it, bnt the argunldt was nscd
that IL prices were pIt down two or tlne more CO.
operative founderics woud he started Beside. Us
long as we pay the Union rates how cartlie caihta-
lists say that trade won't justly thcl In paving
themi We are a standing proof that ID capitalists
can pay IL; and our men fixing their on rates are
proof that they are not unreasOnble rs inc
capitalists say lonrneymen always are.
A cooperative cuff and collar factry mas Deeh
struggling for some time 10 get a iothold among
the linen manufacturers here, but on isllilg u 10
day found that it was not in present peritloh.
i have been shown several letters irUI individuals
in file West-shoemakeTs tailors printrs. Ac., &c
TO gentlemen here and in New-YOrk. aSing now 10
form cooperative associations, frame GoiSttnt'oh'
NC, &c, GtllapS Illt loONlng DTicI fhtI ".
bylaws Of the most successful of the lJn Founders
Association will he Of some usr 10 sucperSonS:
ARTICLE I. Dcsignntes title aud buslnrs
ART. H. Fixes amount of capital Stock OO0)' nunNr
and value Of shares C2OOO az sOO and Inns the nhncr
to each subscriber go OF course these gufos can Oo
varied to suit any scheme. ~
ART. Ill Provides for payment OF stochn fnll on 'p
Air ~ Desiguates President, Secretly, Treasurer
and 10 trustees rs officers.
ART. V. Regulates elections .
ART VI Authorizes trustees 20 manage lisiness make
,.T, Inc Of LOT
ART VII Provides for election by truiees Of Prcsl'
dent, Secretary, aud Treasurer ..
ART VIII. DesiglIatcs duties ~ Prcsldnt 10 make
and execute all contracts Of trustees act 7hulhorled
agent general supervisor of business and ms hglatuI"
attesed Ivy Secretary To the bond Of association.
ART TX DeslgDDtes sccretarys dutie- makes MN ~
cOrdrr aud chairman OF finance committee. =,
ART Y. Designutes tICCsurcrs duties, nd nAcH MS
XRT. XII Provides for annual meeting Of Stockholders
Special meetings To bc caledby PRESIDENT by 10 7oeh
holders at time.
AKT XII. Regulates monthly meeting oftustecs.
ARTS. X aud XIV are gwen IN full apve. :,
ART XIV. Relieves association from rcdenhp Hto,k
after four 0uths' notice, bht transfers s he mldo AT
any time by consent al trustees.
Am. XVI. given in full above. -,
ART. XVII Regulates apprentice aystcu fufpIdilne
admission after IL years old, aud giving preference u
sous OF stockholders. ,
Art. XVIII Provides for amendments . by-laws 10y
vote Of tWO.fhirds OF the board of Trustees.
SEC. l. OF subsequent act passed b,IthcSlw Ilk Leg
sature fixes vote for each individual All limits the
shares of each TO 30.
know of nothing more in this connection which
would be OF further interest 10 iron nOders ana me-
chanies generally throughout tLe county,. pnr'
the Bay State Boot and Shoe Fact6fy there con-
ducted the cooperative principle; ana aiso 10 y
anime the cooperative stores az Charleslo"n' ran
River. North BTldgcNater. and Worcester