"I said the only result of the conversations which Dr. Channing had was to initiate the little quarterly called _The Dial_; but they had a further consequence in the creation of the society called the "Brook Farm" in 1841. Many of these persons who had compared their notes around in the libraries of each other upon speculative matters, became impatient of speculation, and wished to put it into practice. Mr. George Ripley, with some of his associates, established a society, of which the principle was, that the members should be stockholders, and that while some deposited money others should be allowed to give their labor in different kinds as an equivalent for money. It contained very many interesting and agreeable persons. Mr. Curtis of New York, and his brother of English Oxford, were members of the family; from the first also was Theodore Parker; Mr. Morton of Plymouth--engaged in the fisheries--eccentric; he built a house upon the farm, and he and his family continued in it till the end; Margaret Fuller, with her joyous conversations and sympathies. Many persons gave character and attractiveness to the place. The farm consisted of 200 acres, and occupied some spot near Reedville camp of later years. In and around it, whether as members, boarders, or visitors, were remarkable persons for character, intellect and accomplishments. *** The Rev. Wm. H. Channing, now of London, student of Socialism in France and England, was a frequent sojourner here, and in perfect sympathy with the experiment.*** "Brook Farm existed six or seven years, when the society broke up and the farm was sold, and all parties came out with a loss; some had spent on it the accumulations of years. At the moment all regarded it as a failure; but I do not think that all so regard it now, but probably as an important chapter in their experience, which has been of life-long value. What knowledge has it not afforded them! What personal power which the studies of character have given: what accumulated culture many members owe to it; what mutual pleasure they took of each other! A close union like that in a ship's cabin, of persons in various conditions; clergymen, young collegians, merchants, mechanics, farmers' sons and daughters, with men of rare opportunities and culture."