The Portland daily press., 1886-10-22

formed under the laws Of Colorado, but hay-
ing its offices at No. 80 Nassau street, New
York city. Albert X. Owen Is chairman,
ana there Is treasurer, attorney and
secretary. and representative In the city Of
Mexico, who bears the Spanish name, Ignaci0
Pombo. The board OF directors consists
OF ten men, each man having a certain de-
partment. This Is the board:
John w: Lowell, New York city, Deposits, etc
Albert N. owen, Chester, Pa, surveying, etc.
Louis II. Hawkins ShakOpee, MINI. Law. etc.
Alvin d. Brock, Washington, Motors, etc.
William I. Eaton, knightyille. Me-, Police. etc
tiOn, etc.
=, Dayitt D. Chichester, New Waterford. o., Diver
Marie Howland. Hammonton, n. j., Education.
George v. Fressy. Hammonton, n. j.. Farming,
william o. Crooks, Philadelphia, Pharmacy etc.
The amount Of capital stock Is TO be mill
ion lion dollars, In shares Of ten dollars each.
The stock Is TO be paid for labor done,
services performed, OF Tor money or properly
actually received" The government Oh the
colony Is to rest with the directors;
The principles Of the corporation. upon
which the people who expect to leave so soon
as pioneers, expect TO found their common
wealth, are somewhat similar TO the teach
ings OF Henry George. For Instance; the
declaration OF principles begins as follows
THAT the usefulness and happiness Of man
kind depend upon their physical, intellectual and
2-That the moral depends upon the Inteliectu-
al, the intellectual upon the physical, the physical
upon the purity Of the atmosphere, the purity OF
the atmosphere upon the intelligent. cofnprehen-
slye and thorough control OF the land, and OF all
which ya Nv within and upon ! rests and that. there
phere, metal, mineral (water), timber, grass,
electricity etc-must be held n trust BY the cor
poIati0n, for the use OF It's members.
This statement Of principles also
asserts that the highest ambition
for man or woman Is to have q per-
manent, substantial and beau
uful home; constant remunerative and
agreeable empl0yments; varied instructions;
approved facilities and attractive amuse-
ments and the ability TO possess and enjoy
should keep pace witch their culture and de
slres." SO far as wealth Il concerned, every
thing that IL produced shall belong TO the
producer, but the storage, handIage and
uon." The corporation Is also to attend 10
everything OF public character for the
preservation and advancement Of the COM
monwealth." 1t Is 10 furnish power and
implements for production, manufacture and
iashioning, and To attend 10 distribution,
transportation. construction, education,
amusement, entertainment, exchange and
commerce." Insurance In case Of accident 10
person or property, provisions for sickness,
for the aged, orphans and widows also comes
out OF the corporation.
BY far the most desirable position In the
future colony Is TO be the position Of director.
Each director Is 70 have a fixed salary Of
500 per month. But on the other hand, the
duties OF director are not easy. IL Is ex-
pressly stated that should there exist one
member Of the corporation unemployed at
any time, who Is willing and able 10 work,
that such should reflect against the directors.
OF condemn the working details for the man
agement Of the corporation.
In relation TO politics the principles Of the
order are very explicit. These are some Of
the declarations:
We believe:
h. That IN member should not vote for himself or
that for member 20 ask another member to vote
Tor him OF her should be an act Of self exile
~ dhat u Is the duty OF the corporation and OF
papers, and that every member be given facilities
iree Of charge, 10 publish over her or his name
That such publications viii give every member
the opportunity 70 be heard, and that this should
sis 40 away With stump speaking" which Is com
may urge persons, by awakening their emotions
y move against their own interests and against
thOse OF the common veal.
Other matters are touched ON at more or
less length. 1t Is asserted that every man
should have one wife, and every woman one
husband, and no more" COlOnists are ex-
pected to be "plain but artistic In dress" 10
nave Whatever religion they individually
prefer, and to be courteous and modest
Every member is obliged, ON Joining the
company, to sign q pledge, agreeing TO abide
by the principles, and to live In ac-
eordance with the bylaws which may
from time TO time be made by the directors
OF the Credit F0ncier Company, waving ali
rights to appeal before the courts OF Mexico,
the United states or elsewhere
The promoters Of the scheme have a con-
tract which is dated in Mexico July 22d OF
this year, and signed by the Secretary Of
Public Works for Mexico and by representa-
tlves OF the colony. This contract defines
very infinitely the relation Of the company
to the general government. The most inter
estlng article Of this contract Is the One
which determines the relation OF the coll
onists 70 the Mexican government They
are to be considered and held as Mexicans1
This is the ''Credit Foncier" The phrase
Mr.. Owen, in his Integral Cooperation"
translates as Loans upon real estate
toneier" standing for manor or home. He
lnterprets the expression TO mean The Sc
Guilty OF well-regnlated homes the basis Of
theicOmmOn veal" Since the enthusiasts In
Washington county embarked for Jaffa, no
more extraordinary scheme has been enter
tanned by Maine people.
Besides this company, there is another,
with somewhat different name, which Is at
tempting to found similar colony. No one
In this vicinity Is connected with the latter
scheme.