The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1904-09-23

Students of political economy will be
Interested in plan for the formation
of cooperative guild, which is short
ly to be submitted to the labor organ
izations of Minnesota thru the State
Federation of Labor. The matter was
its last meeting by a committee from
the st. Paul Machinists' union, Messrs,
Clark, Gardner and Bolten, the idea
originating with Mr.. Clark.
After the. plan had been presented,
the federation council asked that the
a full explanation of the workings of
the proposed guild, to be submitted to
the council at it's meeting to be held
in this city next month. If the plan
is approved by the council it will be
submitted to a vote Of the affiliated
unions for their Endorsement.
Mr.. Clark is a firm believer in the
idea that his guild is panacea for
all the ills that workingmen and women
are heir to. Describing the proposed
plan, and what he expects to accom-
plish by it, Mr.. Clark says:
To Be Incorporated.
"The Union guild will be incorpo-
rated under the laws of Minnesota for
the purpose of promoting fraternal IN
dustrial cooperation and to conserve
to it's members all the advantages
LIE advantages VI dSSOC1dLSu
action and the benefits of fraternity
have been demonstrated for many
years, but the combination of both is
new. And such plan, properly car
ried out, will be of great material and
social benefit to its members and to
humanity in general.
"The lack Of sufficient capital has
been the great and many times fatal
defect which stood in the way. Of previ-
Gus endeavors to establish and satlsfac-
torily maintain enterprises based on
some plan of cooperation For the same
and for individuals have also failed to
succeed. By means of system Of union
membership, the Union guild, as an as
ISOLATION, will accumulate sufficient cap
ital to carry out its plan of integral CO.
operation and to incorporate Herewith
the best features Of fraternalism. The
real capital of the guild lies in it's mem
bership Of all the unions, and when suf-
fciently interested its power, will be in
vincible, and it's possibilities of accom-
plishment cannot be overestimated.
Government statistics show that
over 81 800 worth Of wealth is created
each year by each worker in this coun-
try, but what one saves from profits
may be lost in some financial crisis. Far
greater security against want is guar
pared with individual enterprise.
OE Cne foOp1e, ny CIle Eeop4e.
"The Union guild will enable every
worker to retire after thirty years of
active service. Fair dealing, co-opera-
ton and profit sharing will prove to be
wiser than strikes, boycotts and lock,
outs. Here is a field for capital to dis
play sound economic wisdom and pro-
gressive philanthropic spirit. I hope
that every union man and woman, 1t
matters not what trade they may be en-
ployed at, as the Union guild stands
for all. will give this matter due con
sideration and assist in establishing
something that may prove to be the
salvation of the working. people, of the
United States. Perhaps it may be wei
to say that the Union guild stands fol
the banking firm. 1t does not ente1
into business, but supplies the necessary
means Of starting and maintaining in
dustries for the manufacture of sucl
articles as are used by the working
people Of this country. 1t is to be TO-
the people and by the people,
It is the intention of the promoters
should the plan receive favorable con
sideration at the hands of the labor OF
CARNATIONS of the state, to sell stock t.
secure funds with which to start tn
manufacture of some article or article
used by workmen in following thei
daily occupation. For instance, it is tn
intention to manufacture tools used b
machinists. Sale Of stock is to be cor
fined strictly to members of labo
unions.