New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1879-09-13

ceves' time while the aggregate of All tue checks
held by co6perators shareholder shows sne Hst on
cafe of ALI sales made shareholders But theIe II *
cher class Of purchascrsihose who arc not sharohon
ers but who yet buy at the store anu ny ', o
Contribute 10 the pronte and thus become entleu 10
share IN those p offs, although not TO tue same eao'
rs those who have invested their money IN sne
purchasers. there an equal humber OF non
holding purchasers aud that eseh Su S sorts in the
frs six mouths THIS makes total volume OF business
Of SlOO.O 900 in that time. 49,, ,,. o.ob
suppose that the net profit on TINS DnslhVsseat ~
holder having fist been paid per ce9o Oh neen
money and all oae5 doc eioeh ms among
The purchasers or tins twOihirds or F4VVo shirI
belong to the 500 sharehodug purchasers aud
or A. 900 TO the 300 non harc holding purchasers
share holder bad bought 800 worm OF W.,
TED I" his class "a 900 thai sO0 bears TO $4,000 the
total purchases made bv his class. that Is !" sooOo
OF Loo say So The shaehodiug purchaser OF ,ue
other hand who had made purchases al equal amount
would entitled 90 like proportion OF no pro-" "a 900
tel to Als class $1,000 His class having glugo F
I'm an he would have oo5oOco or 800 ~ s2'ovo' say e.
which he could not better invest IMAM 10y nus luz
share II the individual who bad ,s h
the block Of 500 shares temporarily, anu tuus a.,
come n member and entitled thereafter 10 m rhi
u fu share Oi the profits III VIII pg SUI . %e.,a
way person. without inv sting dollar ma, ne t ,be
shareholder simply by usrg bis equmspG cnsc In
profits which grow out OF his necessary
Eugaud The law allows cooperative societies 10 th
cash value rs paid into the treasury IN Iul i" ccr
England. nJn-sharoB0ding purchaser VA" s r" nav
muaIcd IN the companys hands prohts suncent 10 Wv,
share could obtain " Wlth"u, nus mai The
al G. 81 but M Massachusetts, the Jaw ltqucs ',, ~
fnl
- nns,-.ss g hegun and that a certificate sha
be obtained from tue state In ease oil any me- S
t he same time leave the door open for those who NAV
wish to tusu then profits into stock mat ING soI Jill
of .nnc ono ars called IN 10 carry block OF HtoCh
,emporriig Tuat blo,k b-ing exhausted aud the com
panS continuing 10 realize prons' ~ W"uio pe
those to whom they belong toagee 10 invest 'ic ' wv
STOCK at tn same tim assigning sucA prohts tesu arh
earned and neccItained to the company, whlch "oui
SSa arniv for por1ls ion 10 additional stock an
having been duly authO' Jed would proceed 10 s@u"
To- the parties 10 indebted, in lieu OF cash
In mis- way the capital wout he increased put OF the
profits of the concern, and the means afforded Tor en-
iargng end extending the business 81 the company
il m ths way that the capital OF more than one CO.
operative company in England has increased rom III
significant beginnings, often less 'hah slu"' "
WI,t has been done abrosdi The Roehdale Society
of Equitable Pioneers which began with .all,i , ot
~ 49, nov over 100000 INV ested Al t1e OutVS
IL nad little diney room. which Was open oul Oh. ns,
day the week. IL now owns eoN ti"i
dnc buildings. has "a large central who esale depot,
number OF r,ail stores. manufactures on ARG sc"
has Its buyer IN all the markets OF Lu,"lV' a. r.
own teas from China and carries an business III tlV
crrrs, provisions, clothing o al hhds Dry toul oo
and shoes ana every conceivable thing that is or eau DE
used i'm hold economy, from siuVe " piano .
ionJon a., swiss makers can produce. IL sells
for cash only, makes any bad debts ana s u pu!
Tor actual cash IN hand, II obtains us snppos ne
the very Dwe; possible rates and gets the adNahhse
Of the penny Of discount us stores are %
by the best people in he community sH az ~ nss
reached where AZ no longer desires to INCREASE
s capital. its shares command i4,n premium anu "i
IN great II quest. Out of its profits II supports schoos
ano Iealns Ivus, and oievnting charac-
49, a't H., every wey direct and indirect, IA benefit
and blessing. Its affairs are MANAGED p solr Sa , or
81 men the community. IL asks no Tree services OF
any Its officers are Literally PAID IN propoI''on
tue service rendered. It's directors receive smail
though adequate honOrarlum for each meeting when
they attend. and lned ike amount Ioi eacn lulc
Ia appear II carries the cooperative idea into s thctO-
res d mills each operative receiving besides his regu-
lar pay equitable part Oi the profit "hich grows ou
OF Ills work aud resident buyer IN Canton knows mat
IL j. Tor his interest buy at the very lowest Iole ne
cause lac viii receive his just snare Of every penny
saved. II aways Keeps IN mana large surlps 70 inT
good any possbl loss from depreciation. ana so gooo Is
iis cred capitalists are constsnty seeking 10 loH
tl, MONEY! 10 A. Occasions s"uio'.lnrs uSV a., -
finds 10 de>irai le to make heavy purchases IN su'c-
ton oi iutu' wants. eepeciHly Wh"n unusui' az MI,
taEo Us bargains are oHeieu ana ~ sue" - 49,,
uodiicultY whatever III borrowing az TIC Nely lowest
rate r. progress has been steadily upward am on
ward rom die start and - founded on pil lclpcs
of absolute equity, thofe seems DC II ie"S0u Why ~
prosperity should not continue ior all time
! liief and interesting paper 10y James Samuel
SON. of Liverpool. England on some schemes for the
material advancement of the workng-ciaSses
WAS presented Mr.. Samuelson las taken a
prominent part in England in promoting
scientific education. agd valuable let,
t-r by HIM Oh that subject was presented
at the recent meeting OF t she Ancr'c an
address Oh Indu trial Arbitration AMI C,ncha-
!iu =" by Joseph d. Weehs. 81 Inc Iron igc followed
valuable paper ON " D.ht Making ana Dent faNihg
in American Cities In the department OF soclai
Economy /. i. Sanborn. the secretary presented
his annual report.
CARE OF POOR CHILDREN
HOW TO PROMOTE THEIR WELFARE.
valuable paper was sent by Charles l..
Brace secretary OF The Gail rens Aid Society oi New
York upon the question. What is the best method Tor
the care of poor aud vicious chdren| Following Is n
1ull summary oft:
treatment ~ tne difficult que stons connected win crime
ana Idupersu should follow III precisely inc ou bralg
49, ch ldrcn equally with adults The Vicious. yaeraut
/ inw-Diralng children were at hIsI thrown INTO re
Ia Fl.n I'D oil
and murderer. Tie children Of the unfortunate TIC
orphans ana homeless, ana ,he .isrIlnH - p5SI
rcrs ana vile women. The frs step ar reform for tho
lrluer class-and great aud blessed change II has
t,gas lie substitution oi tho house OF refuge or
roformatorv. Tor the jail For portion o. he latter
chs the foundation OF orphan asyums and homes for
f. frlcndlcs. WAS mOfc IDeHt OF humanity when mas
rougnt untold blessings. But. for the exclusively pau
p Children. tie ancient abuses have remained Ia nos'
Of onI siatcs rnd is only within some four ears that
m the stat OF NcwYork, the children OF paunes hav,
boon removed by law IRON the degrading influences oi
sweden ana Norway early established placing out
syse which should relieve the aims houses and poor
managers Of The Villages, aud Include In II many ch
d,en wh9 were TH SloeS tns example France or
eIniaed is famous EAs.stance Pdblique" Associa-
detittc Children. Great rian adopted The "placine
out plan certain quarters, though not on any large
src farm schools and Individual TciOrnnOres rs TIE
Knuhe Haus OF Hamburg the Nettrai CoIonic, sydney
L. TINS country there was NJ, greatest possible IN
ducemO at for the placing out syste Tor relornatO
rs on tie family plan and for farm schools The De
Iuaud here for idrcns labor Is practically unlimited
cnd's place the tab OF the farmer ls always OPEN
lis food and the family are OF little account
widespread spirit OF bepeVOlcnce, too, has inspired AL
cass,s-perh6ps Of the latest fruits Of Christianity
,ncn as opens thousands OF homes to the children OF
tho unfortunate. The chanccs, too, OF iIcatment III
! new county, where children are pe'ted anu
/ fovorad mud every mnn's affairs are known t.
/ AN his ncighbois, far less than IN III
old The very constitution, too. OF an agricultural aud
,.uocrnfic community favors tho probability oil poor
cuild's succeeding When placed IN farmers family
lie crows up IS OF their pumbut, and shares III al
Inc social iuencos of tbo class. The peculiar tempia
ions To- which 10 has been subIectsuch. for Instance
a. 81, al.nc ard Vagrancy-arc reduced 10 minimum
liz s.spect rslsed and the chances OF success held
on To a aborer this country, with the Influences 0
school and of religion raise him fur above the class
Nm. Tic cost TOO. shOm-h nave hcen