The Waxahachie daily light. [volume] (Waxahachie, Tex.) 1894-current, 1912-03-09

essentially different from any other
enterprise known to the commercial
world. By the terms of it's constitu-
ton or articles of incorporation
shares were distributed to those
taking stock of small value. No one
was permitted to take or acquire by
purchase more than a certain num-
Der of shares. This was precaution
against one or a few individuals ac-
curing q controlling interest and
usurping all power in the manage
ment, I am not sure that individuals
instead of shares did not vote in all
elections The stock all being paid
up in cash building was procured
stock of goods purchased, clerks,
statesmen, bookkeepers and mana
gers were employed. Thus far there
was no very great difference be-
tween this and other Incorporated
mercantile associations, but instead
OF the stockholders getting all the
profits as dividends an account was
kept of each shareholder purchase
At the end of the year or quarter
after payment of expenses and
der Of the profits In the business, IL
any was paid back to the purchasing
stockh olders not in proportion t.
the number of shares they held but
In proportion to the amount of their
purchases There was no claim made
that prices were to be lowered but 9
goods were bought and sod TIE q
same as at other stores. Reing or 3
ganized by people mostly with reg Il
ular but small income the business q
was conducted on practically cash es
basis ~
Like all progressive movements ~
and especially if for the bettermeEt ~
of the condition of any considerable
number of the toiling masses the ,"f
,eheme was called Utopian and the Ioi
,-r,.t,ao.- -, fro.oI, ,osaa +ba+ fail. Re
o,,,s 10 tha i,avitabIa fate of for
his Institution. 1 do not remember
be exact date of the organization of e'ln
bis Consumers commonwealth" ON
ut 1t was some time between 1S40 hhe
nd 1870. auu
From a modest beginning this or
AniAA'ion has eoA - $50. ~, Wa
1o s.,s sur
Their agents visit all
- marts ~ the world TREY con- Mr.
uct their own factories, making
hoes clothes, harness and conduct ioi
ny an extensive packery. IN other "
parts OF the world they own coffee 70 y,
and tea plantations and they have "
tnesr own Wholesale houses. The fo'
history OF this institution demon II
strates the power of the magses to y
take care of themselves If they '
once become sensible of their pow IL
err When the masses of mankind
come to realize that they are NOT tn
cattle to be herded, that .ney are WI
responsible forces in the WI
Moral and physical world and that tht
" cooperation they can accomplish
reat things. then we will see no /
lore of these lack luster eyes we so the
, often meet and which haunt US fine
hen we mediate upon the condi- per
on OF our fellowmen. hou
c. Woods, a secret service po- Gro
eeman or some kind of trusted der
n ployee OF the H. & T, c. Ry Co. Sta
Ennis, spent Tuesday at Waxa- and
ACHE G. R. Upchurch, who lived Ne'
ear Italy for several years, has an
,me out from among them and wai
Ike all good public spirited citizens fro
ca subscribad for his county pa FIR.
or. ]. ] Bearden from Waxahachi~ cal
finding his time about to expire ste
rave me the price D. S. Prude, COM a
monty called Dave, was here, and ma
nt one stage OF the proceeding 1t tn
" RI tat y, ( N h
have the Light but he relented. w. 81
It. Woodail on Midlothian / is n
new reader of ours. T l.. Eubank NJ
on Waxahachie S, although one of Y
the worst broken up men I ever saw a
two years ago got patched up and v
looks fat and fine but am sure he I
suffers at times. T l.. Miles from +
Italy 2 and his brother, w NJ, from I
Plaipview were here both looking J
we'll a son of l.. Smith Of Pryor,
Oklahoma, was out on the square {
and called me to him to hand me a I
dollar for his fathers subscription.
S. L. Page OF Midlothian was in
town and set his date up again. ]
w, Davis a good natured, hustling
successmul farmer from Ennis 4,
was here for the first time in sew
enal weeks Wednesday I started to
ride Selim and Beck to Sardis when
John Harrison Mrs. Harrison and
Mrs ]. C. Culbertson overlook me
aud took me UP in their auto. They
were going to the burial of Paul
league, a very worthy and popular
young man, son of Mr.. and Mrs. j.
n TaaRna on Waxahachia 2 Ar