Bellows Falls times. [volume] (Bellows Falls, Vt.) 1856-1965, 1875-10-29
success OF a worthy Enterprise.

Success OF a Worthy Enterprise.
There is an association Of young per-
sons in Springfield, VT, known as the
Industrial Works, that furnishes all its
members with constant work at fair wa
ges, and pleasant home at small cost.
which is meeting with success SO mark
ell as to attract the attention of all
thinking people. The members of this
association are all young people who are
willing to rid themselves Of all bad hab-
its, work steadily, dress economically and
save portion of their wages; no Others
are taken. All the men who join are re-
quired to furnish a small amount of cap
ital, and to save one-fourth of their wa
ges which must be invested in the capital
stock of the association. Women are
not required to furnish any capital in
the outset, but must save one-sixth OF
their wages and invest it in the business.
Those who do not comply with the re-
auirements Of the association are expell-
ed, and those who wish to leave can do
so at any time, and can withdraw their
capital by giving six months notice.
The wages paid to each member is fix
ed by board of directors and proper
toned to their skill and ability. They
have large dwelling or home where
the members live and enjoy many privi-
leges and comforts not usually found in
families or boarding houses. All pay
moderate price for their board from their
wages. They have two new factory
buildings, good water privilege and
considerable machinery and are engaged
in the manufacture of toys and house
furnishing goods for which they find
ready sale. They commenced business
a year ago with five hands, and are now
working forty-fve their sales for the
last month were over three thousand
dollars, their pay roll for the month was
over twelve hundred dollars and the
saving of wages which was added to the
capital of the company was more than
three hundred dollars.
The average amount saved from the
wages of each man in a year, is one.hun-
dred and fifty dollars and Of each wo-
man fifty. Many members have saved
much more during the year, but that is
all that is required of them. The ag-
gregate amount saved by the present
. company in year, will be nearly five
thousand dollars. BY continuing in
this course few years, the capital of
the company must become very large
and the savings of each member re-
spectacle competency. The advantages
: belonging to such an organization as this
: to young persons just starting in life are
), numerous and valuable and are appreci-
| ated by those who enjoy them.
! 1t is the purpose of those engaged in
the enterprise to increase their numbers
and business as rapidly as their accumu
= lating capital will permit with safety and
- they expect to be able to employ hun
D dred hands by the close of another year
% and to grow up an institution where ev
q cry intelligent young person of gooe
; habits who wishes can find constan
! work at good wages, comfortable home
), good associates and place where the,
), cannot fail to save money, and wher
they will learn to live in accordance
!, with the laws of health and nature ant
% thus secure permanent happiness an'
contentment. When every town in tn
r, country has an establishment like thi:
! much will be done towards solving tn
a problem of how shall panics, prostratio
: in business and poverty among the work
! ing classes be avoided. = Woodstock Stan
ddrd