United labor bulletin., 1912-08-15
OWN YOUR WOOLEN MILLS.
Continued from Page u

is doing any part of the worlds work is
a business man or business woman, and
it's business for you to supply the neces-
stiles by giving one days labor in place
of two, whenever and wherever you can.
In this instance, it's your necessities
made from wool by owning together the
machinery that makes them.
/ do not have to tell you for you know
that the success of an industry depends
upon patronage. You hold in your hands
the patronage that insures the success
of this industry, and you are promised
the patronage of millions of producers
out on farms. Then, you yourselves IN
sure the little initial capital that you
yourselves invest, and for that reason
you are not investing in some purely
speculative, competitive scheme.
l have been told you could not manu-
facture anything in Denver or Colorado
because OF the unjust freight rates; you
can have your things sent to you from
this mill by mail, what then do you care
about freight rates?
Again, l have been told that it cannot
be done in Colorado on account of the
"hellish condition" caused by organized
labors arrogance" Are you a laborine
man or a wage working woman? Sit
down and think that statement over and
II
thing If you don't, what's to hinder
these same people from saying, You
fellows are getting your pants too cheap
, We're going to make you give three
days work instead of two"
They say "hellish," making you out
devils, because you are not willing to be
skinned out of more labor. Thank the
Lord they are very much in. the minority
Take your choice-be skinned or own
together the machines with which the
skinning is done In this instance, it S
a woolen mill.
It's up to you to mention one thing in
the matter of your necessities, in manu-
factured food and clothing, that does not
go through a big pairing machine before
1t reaches you from the man who pro
duces it from the soil. Secretary OF
Agriculture Wilson says that the pro
ducer gets only 80 per cent of what you
pay, as a consumer, and the Department
of Commerce and Labor says you only
get 10 per cent of what you produce
Maybe you would rather have lot OF
little machines do the peeling than a
big one, but | rather gues not, for the
result would be the same.
Mr. Carnegie says "by some MEANS;
he does not pretend to say how, "the
man who works on a machine should
own an interest in that machine" The
National Progressive party talks about
the same thing, but the Patrons Manufac
turing Company proposes what none OF
them offer (more than talking about it,
and that is a plan for actually doing it
Take from my letter to the president
of the Chamber of Commerce his name
and put in its place the name of the
president OF every local union labor or
ganization of the city, and then ask your
selves, What are you going to do about
it?'
| suggest that you show the world
and the few who adversely criticise yor
that you will apply to your own bust
ness the eight-hour law, the employers
+, liability act, the sanitary condition undel
which men and women work, the aboli
ton of child labor, that you are upbuild
ers of industry and not destroyers OF it
that you stand for the abolition of the
army of unemployed that is constan
menace to your jobs, therefore to the
should enjoy and that is the safeguard o
our nation.
The plan is that 1,50O people put IL
800 each, or a larger number a les:
amount, and own a woolen mill. 1t is
that they take per cent interest pei
annum upon this capital and divide the
earnings above or beside that amount
amongst the patrons, designating the pa
irons to be those who sell raw wool tc
the company, those who sell their time
to it, and the purchasers of the finished
products, they taking said earnings in
the shares of the company until these
earnings have reached 500, the maxi.
mum amount one person is allowed to
purchase, bringing about equal owner
ship, therefore equal voting privileges
ana accommodating automatically sur
plus for enlargement, expansion and pro
lection.
This initial investment made in shares
of $40 each Zone share being the least
and ten the most that will be sold one
person., one share payable in full in
cash If more are contracted for the
contract is put in escrow with the Ger
man-American Trust Company, and the
balance unpaid may be paid for in month
ly payments of so each, with no chances
to forfeit for non-payment as the shares
will be issued as fast as payment is
made, but this contract is subject to
collection the same as other obligations
or contracts are, and may be retired by
same process, that is, putting the stock
in escrow to be transferred to patrons
upon their patronage earnings in place
of treasury stock, in that way prevent
ing the Inability increase. of the COM
pany TO more lnan tne actuai cost vi
physical property and working capital
in the treasury.
Union conditions of labor throughout,
no bonus or promotion or other form OF
stock watering, everyone paying JOG
cents on the dollar for their shares, no
high salaried officers, none receiving pay
excepting for actual service rendered, ev-
cry position of trust covered by surety
bonds, all accounts audited by public
auditing company, absolute and complete
publicity to every shareholder and to the
public as well, officers subject to recall
is getting down to clean, safe business
principles such as the United States gov
ernment is proposing to enact into law
by legislation, to compel corporations
to comply with.
If you think the government should dc
this, and that 1t is right to do it, then
let's do it voluntarily. We will-unless
we want to get into the "hogging" game