The patron of husbandry. (Columbus, Miss.) 1875-1883, 1880-03-13

yets its parts of it. Some Oranges have
,lready had handsome dividends de-
.lared to them in that house, and so have
Individuals ~ well as merchants who have
;ent business to Mr.. Carver. One farmer,
now remember, has had dividend de-
,lared to him of $oS.oS, and one merchant
4 dividend of $26e.75.
How this kind of business is to be start
I'd, is what the people are enquiring after.
The answer is, let 100 persons, whose
business centre is or can be made in their
or in the same town, invest
ten dollars each as cash capital. That
will be ST. 900; or they can put in less, If
they prefer. Let five dollars be share,
and limit the shares each may take; the
more shareholders the better, because 1t
insures more customers, and it is custom
that sustains the business after it is estab-
lished. Money invested with no custom |
to turn it over is ruin, but any amount, no |
matter how small, turned at profit, will
make money, and very small amount |
turned often enough will supply large
wants. One Grange within my knowledge |
began the order business with SIS, and
that with its accumulated profit is now
being turned over twice month, and is
furnishing its members with nearly all
their groceries and -four, and large
amount of their dry goods besides.
In beginning business, it is better not
to invest large amounts at first. Let your
manager learn bJ the demand what is
needed, and as the public wants are thus
made known, he can safely invest in arti-
cles that will not remain on the shelves.
The most successful stores are those where
the shareholders make out bills Of present
fo~ he; co. nd
port them to the manager, who includes
them in his next orders; after that, he
keeps a record of the wants of his custom
ers, and from that his orders are made up;
orders are often sent to Carver every week
from the same house.
Next as to the management of the bust
ness. Let those who pay in stock meet
and elect three directors-the fewer direc-
tors the better; let them appoint one or
more of their number as auditors, and elect
treasurer, secretary, and business
manager, fix the, pay of the manager, and
select the place of business. Then let
them adopt the by laws to govern the as
ISOLATION and directors, or leave that to be
| fixed by the directors, taking the bylaws
| governing the cooperative associations of
England and published by the National
Grange in pamphlet form and also in the
journal of PROCEEDINGS at fhe Louisville
session, as their guide. 1t is not meant
that any Association shall adopt all of
them, but just so much as may meet their
views as being applicable to their local
wants. Experience and observation show
that the fewer the laws the better. Let
the directors pay for and secure the privi-
lege for the Association to do business in
| cal 81.
merchants do To make all secure, it is
best to obtain charter as an association.
| For this purpose, examine the laws on
corporations of the State where the bust
ness is to be located, and comply with
those laws.
Pay interest to stockholders on their
stock paid up. Let each Association de-
eide for itself what that interest shall be.
Let the directors order the money paid
to the manager, keep watchfnl eye over
the business, and authorize him to order
/ goods as the demands may justify. Ad-
here inhexibly to one price in selling.
| Don't antagoniZe any one in business;
make money, and make as much as any
| other house on the same amount of bust
ness, and make it just as they do, by buy
| ing at wholesale and selling at retail
Then give all you make to the custom
ers, declaring the dividend every quarter.
Give to shareholding customers twice as
much as to non shareholding customers.
Some Associations declare dividends to
the latter, but don't lei such customer with
draw his dividend till it amounts to one
share, S., and then issue him a certificate
of stock, and thus make him shareholder
entitled to full dividends.
The cooperative commission business is
conducted on the same principle. All
who send business to T. Carver, 81 Ca
rondelet stteet, New Orleans, or to Car
yer & Child, ID South Commercial street,
St. Louis, are benefciaries in the divi-
dends of the business in either city; or if
they send to w. H. Hill, Cincinnati, and
say to him they want the business done on
account of CO. cooperation, it is all the same
What we want is one of these co-opera-
tive commission houses in Memphis, Mo-
bile, Chicago, and all the other great COM
mercial centres of the Union, so that no
matter where an individual may have bu-
siness to be done he will have a co-ope-
tive house to do it for him; and thus every
one will be enabled to save all that he is
} now paying to have his business done
above the actual cost.
Retail Associations should become
members of all the Central Associations
where any one of them needs bushes.
done; individuals also should become
members, where they need individual bu
siness done; and all the Central Associa
tons should become members of each
Il others Association. Then we will b,
ready for International Co operation.
VIM. maxwell.
Humboldt, March s.
Is -
The Grange ought to be the center O