To remedy this condition of idleness I got together a number of this class, and after talking over the situation, suggested that we start a factory of some sort in which only Eurasians would be employed. The idea was accepted at once. It was made a joint stock company with the shares so small that any one could get an interest in it. One proviso was that when any one wished to buy a share, the one having the largest number would be obliged to sell his extra shares at their first cost, and so on, until no one would own more than one share if there were buyers. The object of this was to get as many as possible to have a personal interest in the factory. All the stockholders were to vote according to the number of shares they held, for the officers and direction of the business. There were no paid directors to meet whenever they chose for the sole purpose of getting their fees, nor any agents to get a commission on the product without doing anything. We had a long discussion on this latter topic, and it was repeatedly iterated that the great curse of every business in India, is the agents or middlemen, who, with the directors, take the largest share of the profits. We would have none of them. We would sell our goods at low prices direct to the purchaser and consumer. The project was soon successful. Every workman soon had a share or shares, as it was considered an honor to be a shareholder. There was to be a meeting once a month, or oftener, if the manager or any ten shareholders deemed it necessary, when each shareholder had a right to give his opinion and a vote was taken, the majority to rule. At these monthly meetings it was customary to have a lecture or discussion on something connected with the business. One was given on the proper use of tools, another on machinery, one on the saving of material. The speaker on this latter topic referred to Samuel Blodgett, called the “Successful Merchant.” This gentleman, who knew every part of his business, from cellar to garret, was one day watching a boy do up a package. When it was finished he said: “My boy, do you know that if every one in the house doing up a parcel should use as much paper and twine as you do, it would almost ruin us?” Then he untied the package, and made a much neater one with half the paper and half the twine. Turning to a clerk he asked how many packages they sent out a year. He then computed the waste of paper and twine, amounting to quite a sum. “There, my boy, you see what a waste there would be, so don’t let such a mistake occur again.” Then the lecturer urged the workmen to be very careful in saving every bit of wood, iron or any material, and then appealed to them that if each only wasted a quarter of an ana a day during the year, it would be a great loss to all, giving the amount. The speaker on tools and their use, went into all the details, showing the value of a good implement over a poor one, and the benefit of keeping it in the best condition.