The Spokane press. [volume] (Spokane, Wash.) 1902-1939, 1905-08-23

PORTLAND, Ore, Aug, 10
Oregon is to be the home of the
greatest experiment in co-opera-
ton that the world has ever wit
messed. The project is backed by
the moral influence of the Ameri-
can Institution of Social Service
and by the financial powers of two
of the great trust companies of
this country.
The name of the enterprise is
the Cooperative Christian Fedora
ton. 1t is organized with a CAPT
tai stock of $50 900. 900. The or
ganizer and president is Rev. H.
E. Wallace of Portland. and the
list of incorporators include many
Of the richest men in the west and
many we'll known financiers. The
project is financed by the Title
Guarantee and Trust company of
New York. with assets of 1872 ,O0O,-
600 and the Trust Company of
America with S6S.000000 assets.
One guarantees the principal and
the other the interest on the
bonds. Fifty of the leading finan-
ciers and business men of the
country comprise the board Of
trustees.
The Cooperative Christian Fed
Grafton is the result of many years
of work and has grown out of re-
peated conferences with financiers
and sociolOgists. For economic
reasons. Oregon was selected as
the location of the federation. as
the state offered the best soil and
climate conditions for insuring
financial success. The bond issue
of $4,000 900 is secured by a first
mortgage on the entire properties
of the federation at a low rate of
interest.
The property already acquired
by the federation include a rail-
road, land grant of So, 900 acres,
stock ranch of 10000 acres, a
railroad survey and decided right
of way and various other items in
volving an investment of upwards
OF 100000.
The basis of the plan is a profit
sharing division of all that the
federation produces from its land
and factories and it is said that
the division is one that is abso
lutely just and satisfactory to
capital and labor and that strikes
and kindred trouble will be i'm
possible.
Christianity With Business
Many remarkable features that
commend themselves to advanced
thinkers along sociological lines
are embodied in the constitution
and financial plans of the fedora
ton. The humanitarian and Chris
tan side are severed completely
from the business and practical
side of the undertaking, all mem
bers expressly disclaiming any in
terest in the property of the feder-
alton, confining their claims to the
duration of their membership, re-
ceipts of current wages for their
work and a share of the profits
from the entire workings after
providing for operating and other
necessary expenses. including So
cial advantages, relief for the sick,
maintenance of widows and orph-
ans and residence in federation
towns and houses acquired by the
members through their earnings.
There will be no lawsuits, no
dirt, no smoke and no idlers in the
towns of the federation. The
streets will be walks and parks.
There will be no overhead electric
wires and horses and COWS will
not be allowed within certain
limits. Everything will have its
place and order with a view to the
highest conditions of public safety,
morality and sanitation. The
factories will be operated entirely
by electricity and all artificial
light and heat for domestic pur-