The indicator., 1897-09-18
THE NEW ERA UNION.
NEW COOPERATIVE SCHEME.
Charles w. Caryi Proposes to urnish Cap
ifai to l.aboring Men With Which They
May Garry on Their Own Enterprises.


cl's Of the East and unemployed labor
generally, says Ihc Rocky Mountain
News, has been brolchcd by Charles
w. Cnryl, president of the Gold EXtrac-
tion Mining and Supply Company of
Boulder county. II will he called the
New Era Union. and the man who pro-
poses 1t has such faith in its ultimate
success rs an alleyintor of the burdens
of the laborng classes that he is going
ahead ON his own responsibility to in
corporate company with Il capital
stock of S1u,uvc.Opo. In launching his
idea Mr.. taryl does not hope TO allevi-
ate the cares of The lnboring man in one
fell swoop, hut recognizes the fact that
it will take time to operate.
The New Era Union as described by
Mr.. Caryl as simply Il scheme whereby
the laboring men. in no matter what oc-
cupation they may be engaged. may he
enabled To cooperate and share the pro-
Ills of their labor among themselves.
AT present they work for the operator
ana the profits which they create are
pockcted by him. For the purpose of
doing work comparatively, the assist
ance of capital is needed and the New
Era Union will he created for the pur-
pose of securing this capital.
ENJOYING TIE FRUITS.
The present coal miners strike in the
East has brought the fact prominently
before the American people that II
change is needed. A new era. whether
good or bad it may he. is about to open
up and us the old system of labor,
whereby the employer alone enjoys the
proceeds of the lahoriug man has PROV
cd Il miserable failure, the time is op-
perfume for Il system whereby every
~ I
willing to work may he able to do 50
under the most favorable conditions
possible. In other words it is timc for
the laborers to work and share the pro-
fits themselves
The New Era Union in the ease of thc
striking miners in Pennsylvania and
other states. will furnish capital for
the miners tu acquire mines of their
own which they viii work and receive
Just and regular wages out of the earn
ings of the mines. The capital will he
procured hy the union in exchange for
its bonds, the interest on which is pay
able in gold ana at the rate of g per
cent. The bonds are payable in twcn
ty-fivc years and are secured by the as
sets of the union. In this manner the
workmen will receive as wages what is
left after paying the interest on tile
union will not only he devoted to coal
mining but to gold mining and every
other industry These industries will
he acquired by the capital of the Union
and the only revenue which does moi go
to the laborcr or for his benefit will go
to tho bon1hOldcrs for interest. This is
n comparatively small amount compar-
cd with that which goes into the pocll-
cts of employers under the present sys-
ten of labor.
II is not the expectation of the pro-
moters of the union that every tailoring
man who is drawing regular wages at
present will leave his job and enlist
with the union. II is simply for those
who have no work at all or are dissat-
isfied with the wages they are rccciv-
ing.
PRACTICAL DEMONSTRATION.
Mr.. Caryi has succeeded in cnlisting
about 100000 in Eastern capital in the
mines of Boulder counsr. The com
pany bought claims from miners who
could not work them on account of
having no capital themselves. 1t was
this which aroused Mr.. CnryIs curius-
lily and he at once saw what he could
accomplish should the miners band to-
Scther. secure the capital as body and
share the profits themselves. 1t is his
proposition that the cooperation
scheme he put to work at once in Colo
RADIO, There is plenty of money 10 he
made among the gold mines. lie says.
and capitalists will not hesitate long in
lending their money at 6 per cent.
especially when it is secured by good
assets
The coal mines in the northern part
of the state could he profiably worked
by the union. Mr.. Cnryl thinks. 1t
would require but n few thousand dol
lars to purchase n mine and set miners
TO work. Should the railroad rates
prove too high the union could build
road of its own and thus he indepcnd-
ent. Mining would not be the only in
dnstry of the union. for manufactures
and every business known could be
taken IN.
LABOR EXCHANGE INTERESTED.
AT II meeting held last night in Mr.
Caryl's office in the California building
there was Il conference with the Den
ver Labor Exchange, and it is likely
that that institution Will cooperate
with the New Era Union when il
starts. The operations of the labor cN-
change are carried out ON practically
the same lines as those of the union en-
cept that 10 capital is used With cap
ital TO start with and !; check system
for money the laborng man could de-
pend entirely OH the union for his liv.
ing.
II is estimated that one fourth of the
working people of the United States. or
over 5.o00.Gm. are unproductivc for
want of an opportunity To earn their
living.
.1,,, g.,,, =,
the services Of II wealth producer this
would amount 10 S20.ooo.Un per day or
S6.Wn GnD.U10 per year. or SGO.uuo,n0o.-
GOO in ten years
The United States census for 1890
gives the total value of all kinds of
wealth. roads. money and everything
else, ;lS amounting to about S6,.O00.O .OOO.-
600. hence If the present unproduciive
working people of the United States
We're all pul at work. in ten wears they
would be able to duplicate all the pres
cnt cities. towns. villages. farms. fac
tories. railroads and all other forms of
wealth existing today. 1t is generally
admitted that the United States can
support The population of the entire
world in luxury IL properly developed
md utilized.
Hence the lime seems ripe To provide
opportunities lOr every man ana Wo-
man in the United States who are will
ing to work TO the fest of their ability
to do so under the most favorable con
litions possible.
SYSTEM AND CAPITAL.
The only way this can lie done is by
providing for system and capital on a
sufficiently large scale To organize all
the unemployed labor to bccOm" self
supporting and exchange The product
If their labor on Il baSis that will he