The Saint Paul globe., 1897-10-25

share alike. The returns from labor
are divided pro rata among those who
contribute material and others who
contribute labor. An accurate record
of this is kept in every place where
the exchange has a branch, and each
of these branches acts only for itself,
the returns from it's operations going
to the members thereof. There is no
contribution to a parent organization,
beyond that necessary to keep up the
general organization headquarters,
which enables branches all over the
country to benefit one by the other.
When a member deposits products,
material or labor in. the care of the
branch of the exchange to which he
belongs, he receives what is practically
a statement of accounts, since it per-
forms that Junction. but which has
been called certificate of deposit,
since it is the associations testimony
that such material or labor is in its
charge. When, however, such deposits
are withdrawn, the certificate is re-
called and cancelled, else it would
otherwise testify to a falsehood, and
mis-state the account When only
portion Of the amount of the deposit
Is Withdrawn at Al time. such partial
transactions are accounted for by
statement of the balance yet due
which statement has been called, in
view of its Junction. a balance check.
With these two simple documents, the
Labor Exchanges records the whole
range of its relations with it's members,
and by them it may, at any time, come
at, not only their true standing with
the same, but also the sum total which
said members have contributed toward
the common end. 1t is q self-balanc-
ing, easily comprehended system of ac-
counts, and no better has so far been
presented. Such, then, is the Labor
Exchange, it's aims and it's working
plan.
That it is growing in favor, branches
in Colorado, California, Oregon, Wash
ington, Montana, S. Dakota, Nebraska,
Kansas, Oklahoma, Texas, Louisiana,
Arkansas, Missouri Iowa, Minnesota,
Wisconsin, Illinois, Kentucky, Tennes-
see, Mississippi, Alabama, Georgia,
North Carolina, Indiana, Ohio, Vir-
ginia, Florida, Pennsylvania, New
York, New Jersey, Massachusetts, and
even Canada, are ample proof. That it
can accomplish it's most enthusiastic
aims, it expects the near future to
prove.
The area of the manufacturing field
of the exchange is very wide It's
members may we al, for instance, shoes
which are made by branch of the
exchange at Lynn, Mass. The men get
their hats from Orange, N. j., where
a large factory is in constant opera
ton. Away down in PfafrtoWn, N. c.,
there is a tannery, at Which much
leather is turned out, and in the same
town are exchange srist and saw mills
AT Ashtabula, O., baskets and basket
splints are manufactured. Marshall,
Mo, boasts of the exchange Touring
mil. and here, also, is a spice mill that
employs many persons.
IN the thriving city of Johnstown,
Pa, is q great factory that turns out
hundreds of carloads of furniture
every year. At Usage City, Kan, a
coal mine is operated by the exchange,
ard at Alliance, O., there are num-
Der of minor industries prospering
nightly together with q coal mine, the
output of which is By no means small.
The exchange merlbers in Denver, Col,
make bricks, and then erect buildings
with them. At Fruita, in the same
state, there is branch of the exchange
which improves the winter months by
putting up much ice, which it sells to
members at a price which an ice COM
pany would think offered small oppor
trnity for wealth. At Mosca, Col,
| there is another tannery, and at Van
| couVer, a box factory has so much to
do that it is totally unable to keep up
with it's orders AT Erie, Pa, and Elk
hart, Ind, branch exchanges make ex-
! tracts and baking powder.
Falls City Or. has a saw mill, and
| Olathe, Kan. a grist mill, while at
Ocala, Fla, and Danviller Va, are to-
| bacco factories. San Francisco and
Salem, Or have wharyes and store
/ houses which are owned and operated
| by branch exchanges, as does Coquilla,
| Or. with the additional advantage of
owning big freight boat. Bakers
i field and Tularo, Cal, have great fruit
canneries. and altogether the various
industries are in q highly prosperous
| condition.
All the products of the branch ex-
| change factories are sold to members
outside of the exchanges, where each
makes it's appearance at price far
less than the same goods could be