The silver star., 1897-09-23
THE NEW ERA UNION.
NEW COOPERATIVE SCHEME.
Chnries w. Csryl Proposes to Furnish Cap
st'ai to LaborinE Men With which They
May Carry ON Their Own Enterprises.


A project which promises to be rem
edy for the troubles Of the striking min
ers of the East and unemployed labor
generally, says the Rocky Mountain
News, has been brOached by Charles
w. Caryl, president of the Gold Extrac-
ton Mining and Supply Company OF
Boulder county. 1t will be called the
New Era Union, and the man who pro-
poses 1t has such faith In Its ultimate
success rs an alleviator of the burdens
of the labOring classes that he is going
ahead on his own responsibility to in
corporate company with capital
stock Of $1O,OOO,O0O. In launching his
idea Mr.. Caryl does not hope to allevi-
ate the cares Of the laboring man in one
fell swoop, but recognizes the fact that
1t Will take time to operate.
The New Era Union AZ described by
Mr.. Caryl as simply scheme whereby
the laboring men, in no matter what oc-
cupat1on they may be engaged. may be
enabled to cooperate and share the pro-
fits of their labor among themselves
At present they work for the operator
and the profits which they create are
pocketed 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 THE FRUITS.
The present coal miners strike in the
East has brought the fact prominently
before the American people that
change Is needed. A new era. whether
good or bad 1t may be. is about to open
up and as the old system of labor,
whereby the employer alone enjoys the
proceeds of the laboring man has prov
cd miserable failure, the time is op-
perfume for a system whereby every
man and woman in the United States
willing to work may he able to do so
under the most favorable conditions
possible In other words 1t is time for
the lahorers to work and share the pro-
fits themselves.
The New Era Union in the case Of the
striking miners in Pennsylvania and
other states. will furnish capital for
the miners to acquire mines of theiY
own which they will work and receive
just and regular wages out of the earn
ings of the mines. The capital will be
procured by the union in exchange for
its bonds. the interest on which Is pay
able in gold and at the rate OF 9 per
cent The bonds are payable in twen-
ty-five 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 the
bonds Of the union. Tho mission Of the
union will not only he devoted to coal
mining hut to gold mining and every
other industry. These industries will
he acquired by the capital of the Union
and the only revenue which does not go
to the laborer or for his benefit will go
TO the bondholders for interest. This is
comparatively small amount compar-
ed with that which goes into the pock-
cts of employers under the present sys-
TEN OF labor
1t Is not the expectation Of the pro-
moters Of the union that every laboring
man who is dra wing 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-
isiied with the wages they are receiv-
Ing.
PRACTICAL DEMONSTRATION.
Mr.. Caryl has succeeded in enlisting
about 100000 in Eastern capital in the
mines of Boulder county. 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.. CaryPs curios-
ity and he at once saw what he could
accomplish should the miners band to-
gether. secure the capital as Il 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 to be
made among the gold mines. he says.
and capitalists will not hesitate long In
lending their money at per cent.
especially when II Is secured by good
assets.
The coal mines In the northern part
OF the state could he profitably worked
by the union. Mr.. Caryl thinks. 1t
would require hut few thousand dol
lars to purchase mine and set miners
to work. Should the railroad rates
prove too high the union could build n
road OF It's own and thus be independ-
emf. Mining would not he the only in
dustry of the union. for manufactures
and every business known could he
taken up.
LABOR EXCHANGE INTERESTED.
At "a meeting held last night In Mr..
Caryl's office In the California building
there was a conference with the Den
yer Labor Exchange. and 1t Is likely
that that institution Will cooperate
with the New Era Union when II
EIdTIS. IHe UUcruilour VI tic htbuT eA-
change are carried out on practically
the same lines as those of the union. ex-
cept that no capital Is used. With cap
ital to start with and check system
for money tiie laboring man could de-
pend entirely on the union for his liv.
Ing.
It In estimated that onefourth OF the
working people OF the United States. or
over 6.OOO.OOO. are unprOluctive for
want Of an opportunity to earn their
living.
Al 81 per day as n fair average for
the services Of n wealth pro,iucer this
would amount to S2OOOO.OOO per day or
$1,000 100000 per year. or SGO.O0O.O0O.-
OOO In ten years.
The United States census for 1890
gives the total valnc OF NIL kinds Of
wealth. roads. money and everything
else. ms amounting to about 500 .O0O.-
600. hence n the present unproductlve
working people OF the United States
were NIL put at work. In ten years they
would he able 10 duplicate all the pres