The Cincinnati daily star. [volume] ([Cincinnati, Ohio]) 1875-1880, 1875-07-14

and to thus bring about & system of ext
change which those interested believe
may prove profitable to both. The Board
of each country is to have full control Of
the funds subscribed by its own order,
and the whole are to be used for the
work of exchange.
/ The British fund is to be employed in
| the purchose Of vessels, the establish
Iment Of warehouses and the mannfac-
tureof such articles as are in demand
by the Patrons of Husbandry. The
American societies are to employ their
funds in depositing their commodities in
reach Of the vessels, the majority of
which are to make their landings at
Southern ports. The vessels will then
bring the articles agreed upon to these
ports, and returning transport to the So
cieties in England the products of the
Patrons here: The proposed capital
stock Of the organization is S25, ,0O0, 900.
While each society manages its own
funds, the two boards will form coun-
Gil which will by joint action agree upon
the branches of business to be engaged
| in, the manufactures to beurnished this
country, the class of products and aFti-
cles sent in return, and the general man
ner of conducting the business. An
American is to be sent to Liverpool to
look after the interests Of the Grange
there, and an Englishman who has been
some years in this country has.been al
ready selected by the British societies
to attend to their interests here, with
his headquarters in New Orleans. All
transactions between the two branches
are to be for cash or an equivalent. ="
The English cooperative societies
have some Aye hundred thousand mem:
bers, over one thousand stores, about
sixty cotton-spihningm mills, twenty -four
ing mills, and a -ntmber of manufacto-
ries Of different kinds. Their surplus
capital is already arge,sand constantly
increasing, and they are confident that
it can be profitably employed in this
manner. s..T.
| While these societies, with their large
numbers Of members, consume a great
quantity of American products, and
while there is demand here for the re-
suits OF their labor, the question as to
the beneficial results of this movement
remains yet hhdeveloped, and will only
be satisfactorily settled by experiment.
While the matter of exchange between
the two countries is an important one,
and one Of vital interest to all con-
cerned, the subject of home manufacture.
should not be neglected, and the Pa
trons while encouraging productive in
dustrX in one branch, and endeavoring
to- profit by other branches of labor
abroad, should not fail to foster the
manufacturing and commercial inter
ests Of OUR own country and while
|profiting by the results of their enter
prise in an alliance, of this kind, they
should recognize the benehts. and the
vast importance and facilities of our
own commerce and manufactures, and
the benefits to be derived from their en-
couragement and use. y, ,.s . s-...s "a
| One subject which is just now attract
Ting the attention of European capitalists
and consumers, and OF producers fur.
ther east, is worthy of q attention in this
connection, and may have marked e.
feet upon the results of movement 0i
Ethis kind and upon the European de.
mand for onr productions. The recent
remarkable railroad extensions in Rus
sia have, PLACED its great wheat raising
|region in easy reach of London andsLiv
lerpool, and the result has been already
felt by the markets Of those places, anC
as a Natural consequence has affected
the markets of the countries. accustomed
Ito supply them. 1t has also had marked
result upon the institutions of Russia, {
now rapidly developing country, and al
Though the cloud may be yet conapara
| lively small and not especially threaten.
ing in its proportions to the casual OBJ
lserver, 1t is worthy Of consideration, ant
at present seems likely to force itsel
into notice with rather alarming rapid
Aoys Ado itsAAoau oy SNShA u ApSUl@ uhc
Increased skiold within the past eight
iyears, and the prospects are that the
whole country will soon be in close con
lnection with Western Europe. Whether
the result will be especially disastrous
to our rproduesrs. or to q system of ex
change, remains to be seen; but the sub
1ject is at least worthy ofcareful thought
and wAile the duty of producers is tt
work for the good OF their espoused
cause, they should remember that a cul
tivation of our own industries and bust
ness interests is one Of tteir important
duties, and ONE likely to result favor
abby.
4 The Txads In Human Hair.
A writer says: The recent expansion
OF the trade in hair during late years is
iscarcely conceivable. At the beginning
iof the present century it was considered
a disgrace to wear falae hair. To-day