Green-Mountain freeman. [volume] (Montpelier, Vt.) 1844-1884, 1875-10-20
success OF a Worthy Enterprise.

There is an association of young per
sons at Springfield. VT. known as the
Industrial Works, TINT furnishes all its
members with constant work ut fair
wages, and :, pleasant home 1t small cot,
which i meeting with 4 success So mark
ed a> to attract the attention of the think
iny people The members of the aS>Ocia-
ton are all young people who are willing
to rid themselves of all bad habits. work
steadily. dress economically and save 4
portion of their wares; no Others are
taken. All the me1 who JOIN are reqnlr
ed To furnish a small amount of capital
and to save Cnc-fourth of their wages
which must be invested in the capital
stock of the association. Women are not
required to furnish any capital in the out
set. but must save one->iXth of their wages
and invest it in the business. Those who
do not comply with the requirements OF
the association are expelled, andthose who
wish to leave can do so ut any time and
can withdraw their capital by giving six
months notice.
The WAGES paid to each member is
! fixed by Il board of directors and proper
! toned to their skill and ability. They
have a large dwelling or home where the
members live and enjoy many privileges
and comforts not usually found in families
or boarding houses. All pay a moderate
price for ther board from their wages.
they have two new factory buildings, a
good wateI. privilege and considerable
machinery and are engaged in the manu-
ficture of toy and house furnishing goods
for which thev ii d Il ready sale. They
commenced business Il year ago with five
hands and are now working forty-tive
their sales for the last month We're over
three thousand dollars, their pay roll for
the month was over twelve hundred dol
lars asd the saving of wages which was
added to the capital of the company was
more han three hundred dollars.
The average amount saved from the
wages of each man in Il year is one hund-
red and fifty dollars and each woman
fifty. Many of the members have saved
much more than this during the past year.
but this is all that is required of them.
The aggregate amount saved by the pres
ent company in u year will be nearly five
thousand dollars. BY continuing in this
course Il few years the capital of the com
p,ny must become very large and the
savings of each member u respectable
com potency. The advantages belonging
to such an organization rs this to young
and valuable AID are appreciated by those
who enjoy them.
1t is the purpose of those engaged il
the enterprise to incre use their numbers
and business as rapidly rs their accumul;l-
ting capital will permit with snfety. and
they expect TO he able to employ hundred
hands by the close of another year, and tc
grow up an institution where every in
telligent young person good habits who
wishes cn find constant work ut good wa
ges Il comfortable home. good associates
, and place where they cannot fail to save
money. and where they will learn to live
in accordance with the laws of health ant
nature, and thus secure permanent happi
, ness and contentment. When every towl
in the country has an establishment lik'
this mnch will be done towards solvin:
the problem Of how shall panics, prostrA
ton in business, and poverty among thu
working classes be avoided Woodstoc|
Standard.