The San Francisco call., 1897-01-24

! doubt dissolves, of course, before the proof
furnished. Branches are heing established
all over the coun try, and especially IN the
West There are fourishing branches in
this State at Fresno, Ventura, Red Bluff,
Visalia, Bakers field, Tulare, Santa Maria,
Eureka. Plato, Carpenteria, Santa Paula
San Diego, Stockton, Oakdale and, dozen
other places.
These exchange all manner of goods
with each other. There are such things
as socks and cigars from as distant a
point as Reading, Pa, at the Davissstreet
Exchange, broom handles from away ct
New Whateom, WASH, fruit extracts from
Fresno, as well as fruit from as far south
as San Diego. A consignment OF shirts
and overalls is being negotiated for with
branch in Ohio. A lot OF dried fruit was
yesterday shipped to Idaho Falls, Idaho,
in exchange for pork. and groceries were
sent to Armona, in Kings County, in ex-
change for dried fruit.
The branch at Red Bluff is putting up
spicemill, the branch at Los Angeles is
putting up a shoe factory and the branch
at Olathe, Kans., is building gristmill.
The branch at Salem, Or, is step in
advance of all the others and indicates
the high water mark of a movement OF
which the Boston Transcript recently said:
Under the surface of all this storm over
silver and gold, there is in progress remark
able movement which probably not one Bos-
tonian in thousand has ever heard of, and
which threatens to absorb utterly in a few
years all labor and financial and social reform
movements. 1t is the Labor Exchange.
M 1. 4
build a railroad on exactly the plan upon
which the people of Guernsey built their
market-house. Subscriptions of 100000,
not in dollars. but in land, materials and
proyender, have been su Inscribed and these
will be pledged for the rails and rolling
stock, things that cannot be secured with
the exchange checks. All the labor, the
ties, etc.. will be paid for with these
checks, which will be accepted for traffic
charges when the road is completed. The
road to be built is a strip twenty-five miles
long, extending into the prolific farming
country OF the Willamette Valley.
The movement will shortly be amplified
by the issuance of checks against real
estate for what improvements may be
made upon it by labor. In other words, a
member of the exchange owning lot
may have house built upon it by other
mem bers, who will accept the real-estate
checks. The plan is that of the building
and loan association carried on without
money-and without interest. The checks
would be issued by the exchange and
made partly redeemable by it for proven
der. The house, being built, would be
owned by the exchange-that is, by every
member of it. The rent from it (pre-
sumably paid by the man having it ouilt)
would be paid into the exchange until it
amounted to the sum of It's cost. Then
deed would be given 10 the new owner
exactly the Guernsey transaction over
again.
This feature of the movement will not
be developed before spring. The man.
ager of the big store or exchange of branch
26 at 800 Davis street is Henry Warfeld,
who has been attached 10 the movement
since its introduction il this City less
than two years ago. The head of the
Labor Exchange movement is G. de Bar
DIM OF Independence, Mo. In book pub
lished IN 1889 he explained his theory. 1t
was taken up by some workers at Paff-
town, who started brick works by the