The policy of Idaho and the Co-opolitan Association was to prevent, as
far as possible, the circulation of money in the state. It was treated
as if it were a kind of poison which produced among men most dreadful
diseases, and at the same time was an instrument of moral, financial and
social ruin. We were fully convinced, when Co-opolis was founded, that
if co-operation was to succeed some system must be applied which would
exclude money from use among Co-operators. But it was recognized that
outside of Idaho money was and must continue to remain king, as long as
the industrial competitive and individualist system governed their
affairs. For this reason the Co-opolitan Legislative Council accepted
money, but sought in every possible way to prevent its circulation.
All money obtained by the sale of surplus products, manufactures or
property of any kind in other states, or which might come into the
co-operative stores, was immediately turned over to the Legislative
Council and by it deposited in a strong safe in the basement of the
Council Hall. Here it was guarded as if it were a deadly peril to the
public weal.
The safe in which it rested was opened by a combination known only to
the President, and it stood in an iron chamber whose great lock was
turned by a key held by one of the Council. This was enclosed in another
iron chamber which was opened only by a different key held by another
member of the Council. There were twenty-six chambers of different
sizes, the smaller enclosed within the larger, and twenty-six locks
opened by as many different keys, each councilor holding one and no
more. It took twenty-six councilors and twenty-six keys to reach the
safe, and no money could be taken from it except in the presence of at
least one-half of the members of the Legislative Council. But it was a
rule of the Association that if any person living in the state desired
money with which to travel outside of the state he should make his
affidavit to that effect setting forth the amount he desired, and upon
his application for such an amount, if the Council were satisfied that
it was made in good faith and that the money would not be expended in
the state, the application was granted. Articles which the Department of
Commerce were compelled to import from other states or countries were
also paid for from the accumulation in the safe.
Public-domain text, read in full here on John Shaqi.
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