Union Stores

Union Stores. The Yankees seem to have a notion that all kinds of business can be made go better by union than by individual enterprise. We copied from the Chronotype, sometime since, an account of a Union Store in Boston. Its operation was spoken of favorably. The same paper notices another store about commencing in Newburyport, thus described in the Newburyport Herald. "If we understand the plan, it is this - that any individual by paying $25 shall be entitled to a share in the stock; which guarantees to him his goods, at only such an advance from cost as will defray the expenses of the store. Thus if one hundred stockholders be obtained, they will have a capital of $2,500 to commence with, and allowing each person to expend $12 per month, it will give the store a trade amounting to $14,000 a year; which, combined with the transient custom, at a fair profit, will bring the goods at a very small advance from cost for the stockholders, and at the same time be constantly adding to the general fund. - The experiment has been tried in other places, and where it has been conducted by judicious persons, has been attended with abundant success. We cannot conceive what necessity there is of compelling this community to support such an over abundance of grocery stores, when one-eighth of the number would be sufficient to support in a town like this; and at the same time they could afford to sell their goods at one-half the profits now charged."