History of American Socialisms

Name: History of American Socialisms
Author: Noyes, John Humphrey

Noyes, John Humphrey

Communism -- United States; Socialism -- United States

"The following statement from the _Black River Journal_ of
    October 6th, exhibits the affairs of the Jefferson County
    Association in a gratifying light, and shows that so far it has
    been extremely prosperous and successful. The fact alone of a
    profit having been made, whether much or little, affords a
    strong proof of the advantages of associated effort, for we
    apprehend that either farmers or mechanics working separately,
    would generally find it difficult to show a balance in their
    favor upon the settlement of their accounts. But a net profit of
    nearly thirteen thousand dollars, or twenty-five per cent. upon
    the capital invested, for the first six months that a small
    Association has been in operation, under circumstances by no
    means the most favorable, is striking and incontestable evidence
    of real prosperity. Before a great while we shall have many such
    cases to record."

    ABSTRACT OF SEMI-ANNUAL REPORT.

    The first Semi-Annual Report of the property, expenditures and
    proceeds of labor of the Jefferson County Industrial
    Association, was submitted to a meeting of the stockholders on
    Monday the 2d inst.

    Since the organization of the Association in
    April last, the real and personal property
    acquired by purchase and subscription, has
    reached the amount of                         $54,832.10

    This is subject to reduction by the amount
    of subscribed property applied to the
    purchase of real estate                         5,458.28
                                                    --------
    Total property on hand                                  $49,373.82

    The aggregate product of the several
    departments of business, to Sept. 23d         $20,301.67

    Expense of same, including all purchases
    of goods and supplies                           7,331.95
                                                    --------
    Net proceeds                                            $12,969.72

    Of this has been expended in improvement of
    buildings, making a brick-yard, and preparing
    summer fallows                                            1,365.00
                                                            ----------
    Balance on hand                                         $11,604.72

    This balance consists of agricultural products in store, brick
    manufactured and now on hand, proceeds of jobbing contracts,
    earnings of mechanics' shops, etc.

    Published by order of the President and Board of Directors.

    _Report of A.M. Watson to the Confederate Council, May 15,
    1844._

Public-domain text, read in full here on John Shaqi.

Opening the text

History of American SocialismsNoyes, John Humphrey

History

History of American Socialisms

Noyes, John Humphrey

Communism -- United States; Socialism -- United States

"The following statement from the _Black River Journal_ of
    October 6th, exhibits the affairs of the Jefferson County
    Association in a gratifying light, and shows that so far it has
    been extremely prosperous and successful. The fact alone of a
    profit having been made, whether much or little, affords a
    strong proof of the advantages of associated effort, for we
    apprehend that either farmers or mechanics working separately,
    would generally find it difficult to show a balance in their
    favor upon the settlement of their accounts. But a net profit of
    nearly thirteen thousand dollars, or twenty-five per cent. upon
    the capital invested, for the first six months that a small
    Association has been in operation, under circumstances by no
    means the most favorable, is striking and incontestable evidence
    of real prosperity. Before a great while we shall have many such
    cases to record."

    ABSTRACT OF SEMI-ANNUAL REPORT.

    The first Semi-Annual Report of the property, expenditures and
    proceeds of labor of the Jefferson County Industrial
    Association, was submitted to a meeting of the stockholders on
    Monday the 2d inst.

    Since the organization of the Association in
    April last, the real and personal property
    acquired by purchase and subscription, has
    reached the amount of                         $54,832.10

    This is subject to reduction by the amount
    of subscribed property applied to the
    purchase of real estate                         5,458.28
                                                    --------
    Total property on hand                                  $49,373.82

    The aggregate product of the several
    departments of business, to Sept. 23d         $20,301.67

    Expense of same, including all purchases
    of goods and supplies                           7,331.95
                                                    --------
    Net proceeds                                            $12,969.72

    Of this has been expended in improvement of
    buildings, making a brick-yard, and preparing
    summer fallows                                            1,365.00
                                                            ----------
    Balance on hand                                         $11,604.72

    This balance consists of agricultural products in store, brick
    manufactured and now on hand, proceeds of jobbing contracts,
    earnings of mechanics' shops, etc.

    Published by order of the President and Board of Directors.

    _Report of A.M. Watson to the Confederate Council, May 15,
    1844._

Public-domain text, read in full here on John Shaqi.

History of American Socialisms

History of American Socialisms

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