The workingman's advocate. [volume] (Chicago [Ill.]) 1864-1877, 1871-07-01
biiityn converged, thus giving it a con-
venient and central position.

NOW, as 10 the expenses you must q
to the Excise Office and take out a licens
to sell tea. which is eleven shillings and SIX
pence You, Cable, must paint on whit
board, in black letters, not less than on
inch 10 height, that you are a licensed deal
er in tea, coffee, etc. This room will d,
{ admirably for the shop, the table will az
for the counter, and the shelves can hold
the few articles required at first You wi
f want large pair Of scales, and two smaller
sized a coffee mill; large coffee canis-
ter; a small one, for holding the ground
coffee. You will also wont patent spring
sugar chopper, treace can, some pap l
. bags, and string. You have a few plates
, All this L will order tomorrow morning. |
. will write to tie Wholesale Co-operative
, Society, Dantzic street, Manchester. and
order ABOUT half chest of black, and a
quarter chest Of green tea a small bag of
coffee two loaves Of sugar; and half a
hundred weight Of moist From Millington
L Will order some spices, blue, starch, lard,
cheese, candles, pepper, salt, mustard, rice,
soda, treacle, vinegar, and few other ar
tlcles; and then we shall be ready TO open
on Saturday. You Gable, must put 10
threo-lnch square pillar for The coffee mill
to be fixed to; and We can gradually
develop the rest Of the arrangements by de-
grees.
" Now, Mrs Gable, want to explain a
simple way of keeping accounts. I give
you book; on the left page l put down
the retail price of the full quantity of each
article IN your shop; on the other side you
put down the sums you receive on sale.
You are to sell at the same price as other
shops; to undersell them would be trying
70 inJure them, under the mask Of charity;
but to sell with reasonable profits is nothing
more than fair competition. On the Mon
day afternoon | call and take the money.
examine the stock, and order what NAV be
required. The value of the goods left in
the shop, together with the sums YOU have
paid me, should equal the total sum
OF the retail price Of all the articles YOU have
received.
l keep book, in which the wholesale
price OF each article you receive to sell is
put down on the left page; and on the
right | put down the weekly sums YOU nav
me; and at the end of the quarter | deduct
the stock in hand from the wholesale lists
and then | deduct the wholesale price Of
the stock that has been sold from the total
amount you have paid me-the remainder
is the profit
There must also be page in your book
for petty expenses, sucA as string, paper.
carriage OF goods, etc
If a member wishes to have goods
without the inconvenience of paying at the
time, be must deposit sum in your hands,
from which in his pass-book bis purchases
can be deducted, and which sum be can re-
plenish. He should also pay you one penny
per week for the trouble be gives YOU.
bis Is new way Of keeping accounts, bur
the railways will not give you a tick 1 until
you have paid for your ride theatres and
concerts make you paw before ynu ou.nr
and why should not the shop be trusted
instead Of the shop having to trust?
But, as ! said the first thing to be
dohe Is to get about a dozen Of your steady,
respectable, read ymUney acQuaintances TO
come to your house on Friday evening, with
tier wives and children. Remember you
have only half a man il be comes alone. |
will send some of NV tea and sugar. and
will meet them about eight oclocd; will
explain the rules, point out the advantages,
and then ask them if they would ike to
support the Intention
On the Friday they all came with their
wlvys and children, and bad a good tea
the children were then sent to play at hunt
the-sIipper, and Mrs Morton entered At
considerable length into the explanation 81
the association.
My friends, | have asked you to as
sembe here at Cables cottage, because |
wish to explain a principle wbIcb, if prop
erly worked out, will, | am convinced, lead
to great improvement il Your social con
1ltlon, increase your intelligence, and lead
70 better understanding among yourselves
The principle | allude to il corporation,
which means uniting together, either bv
money, work or mind, to promote the good
Of each other 1t IS all trying to benefit
each, and each trying to benefit all. In
one sentence, It IS loving your neighbor as
yourself In the first place, will explain
the system oD which trade is carried On ID
this country. We will suppose village
The inhabitants of the village require goods,
groceries, clothes, ec. "A person with
little capital, seeing this want, purchases
stock Of suitable articles in the neighboring
town, which, as bought ia large quantities,
can be obtained at cheaper ate, which is
called the wholesale price. Ht then brings
them to tie village and sells them ID small
quantities to the inhabitants Of the village
at higher price than be paid. The dlf
ference between the two prices he calls the
profit; this profit pays for the carriage of
the goods, the shop, and other little ex-
penses; also surplus, as payment for bis
time, trouble, and, | must also add, risk
because from the irregularity of work, and
the will not say improvidence, but the
siraltened circumstances Of many Of Bis
customers, be il often compelled to give
credit, and often to lose tLa money owed
him altogether. Consequently, to meet
these cases, little extra has to be put upon
The price Of the goods sold Now, of course,
It is great accommodation, this village
shop; but it is also a great expense. Now.
as wish TO see you make your money 20
as far as possible, should be glad to See
you set up shop for yourselves. All that
you have got to do is to subscribe lit lie
capital and buy your goods, and pay ready
money for them at the shop you will set Up.
You will, Of course, save the bad debts if
you pay ready money; you VIII save the
shop decoration as it is your own shop, 20
advertising will be required Other httle
items you will also save, which, in looking
at the profits obtained by similar socie ies,
now IN most towns in the country, may be
set down at one shilling and sixpence in The
pound
q. " l-- m .l 49,. ,-