The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1875-08-08
THE COOPERATIVE BUSINESS.

we confess to having entertained consider.
able doubt about the magnificent plan of DR..
I. D. Worrall to have untold millions of
English capital sent to Louisiana for the
establishment Of cooperative societies which
were to make US all grow suddenly rich and
the State to blossom like a rose
We never could exactly work out to our
entire satisfaction, just how all the benefits
promised were to accrue, and those $25, OOO,-
600 always appeared to US to be too fatter-
ing sweet to be substantial" But we disliked
to say a word against shy project which had
| in it the faintest hope of relief to our people.
It seems, however, that the very people
who were to be the main benefciaries of this
grand scheme are those who are beginning to
murmur against it and to assert that they fail
to see where they come in, indeed they are
little alarmed lest they shall be injured by
the aforesaid cooperative stores.
1t was claimed with considerable ostenta-
ton that the movement of Mr.. Worrall had
the Endorsement of the Changers, and that
some Grange had taken considerable stock
in the cooperative society, but We are sur.
prised to find in the last number of Granger
organ, the Son of the Sol, a leading editorial
denouncing the entire scheme, and speaking
in no very complimentary terms of its origin
ator, DR.. Worrall. The following is an ex-
tract from the article:
Our English friends, we believe, are honest in
in their intentions. The, state that their OWE
classes in England will receive greater benefits
by the combination than they will. They have
more needy people than we have and their ne
cessites are greater; this ia an honest acknow- |
edgmeut and we admire them for it, and we re- |
greet that their Introduction here was not by men |
who have the entire confidence of this COM
munity.
DR.. II. D. Worrall, the managing director here.
is pretty well known in New Orleans and Louisi-
ana. At time when our beloved State expe-
rlenced her greatest woe, he was one OF her
guardians. Did he relieve her? The records will
show. In his address last Wednesday night he re-
marked that "somef few were afraid that Somebody
else would dig into their potato hill' this fearis
the result OF experience; DR.. WOrrall has been
digging i1to the political potato hill Of Louisiana,
and his hands have still the stain upon them and |
are unfit to handle the destinies Of the honest
working men of England aud America.
The intelligent laboring classes of England
have long known the inexhaustible resources of
Southern cotton bales; the large surplus
largely indebted to Southern cotton
fields. Under our Grange system, which is
al our resources are being devel-
oped; the laboring classes of Louisiana are
waking up to sense of duty, and working out |
the problem of self-sustaining and independe t
Industries. Our intelligent farmer has learned
that it takes twenty-five per cent Of his cotton
% deliver it to English factories, and .
hat ten cents per pound is fair average of the
act price OF his product; aud that when he re- l
,eives it back in manufactured goods he is re- t
luired to pay sixty cents per pound, or an addi-
ion of five hundred per cent for manufacture, a
ranspo' tation and speculation. a
The time required for this additional cost is :.
rfling when compared to the months of weary :
oil required in its production. As result OF q
he foregoing speculation the spindle begins to 9
Vhirl by the eide of the Southern cotton fields.
Our beautiful water courses and convenient b
ties for factories being occupied, and the {
usy chatter of our looms begins to alarm the &
capitalists and worthless spectators. This is !
Thy We sought out and entreated to make terms,
'hich, if made, will have tendency to crush out a
Or years the very industries that we should en- 6
ourage. q
Are the independentpaper of our order going fl
, encourage the acceptance Of terms that will b
ring about such result. We will see. Ii q
e succeed in establishing manufactures at
we invite English capital and labor to :,
clip us-then our Western brethren will find 1t
iditional consumers for their surplus products.