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"the Ladies Co-operative Dress Association Of New York."

"the Ladies Co-operative Dress Association Of New York." image
Parent Issue
Day
23
Month
July
Year
1880
Copyright
Public Domain
OCR Text

otne of our readers may have heard of the project iudicated by the above title, and would likc to liear more ol it. Soon aftcr the matter wm nrt broaclied it became oue of the chief topics of interest amonio hundred of New York ladies. surprising number of ladies of wealth as well as of moderate nieans, expressed their desire to join. A dozeu ladies niet to talk the niatter over more formal ly. At this time the matter had awakened more interest than the ladies coneerncd liad lmftgiued. Published statements had spread the newsof it. Letters poured hito the homes of the lailies hundreds at a time, and uiuch confidenoe was feit in the suecess of the selieme. ïhe ladies interested, who had said that they would be glad to come fonvíird and give their money, generally undtrstood that it.was a purely thropic uuUertaking. The clnef objeut of the schcme here, as generally umlcrstoud by niany, was lo ï'cduce the pricc of dress-making, milllnery, and ohildren' ap parel. It was not the general opiiiioL that the cost of dress fabrics in the stores could be much dccreased, but it is believed that dress l'abrios could ccrtaiuly bc sold at nearly cost price. ïlie iiilliners and dressinakers liavo prices in their owu hands to-day. The meeting at wliiou the project of organizing was fonnally announced ■was an allair of largor dimensión tiian was expected. The thirty ladies who were expcoUd to uitend iucreased to two hundred, to say nothiug of seveu reporters, The publioity of the undertaking gave rise to timidity. and when the plan of orgaiiizatiüii was divulged by Miss Kale Fíela one hundred and sixty of the ladies decided to retire. Mis Field had selected the trustees of the institution, and they were tü be lúe luunuers. xnese gentlcinen included sonie oí New Yurk's most prominent citizuns. A stock broker, already appoiiitcd, was to take charge ot' the business details aecording to tliis plan, and it was proposeü that the ladies present should bny tiie stock and beeonie ïnembeis ot' thu association. The capital stock was to be $220,000. Twelve per centum ou the capital stock ibr the flt year wou ld det'ray the running expenses, nuda sinull percentaje ofproflt would fall inU) the hands o' the iirst stock buyers. Tlie capilal stock was to bo ioubled the second year. The original cost of the Atlanta (Ga.) Custom-House was limitad at $110,000. lt hasalready cost $200,000. Mr. Waterman, of Duluth, was so exasperated by a corn that he took caret'ul aim with a pistol and shot a bullet tlirough it. James Oliver, of Oliver's Grove, 111., is 93 years old. Ho give his wifo a farm for consonting to a divorce, as he desired to get a youug wifu in her place; but the new wile a&ked and obtaiiiod $30,000 iu mouoy,

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Subjects
Old News
Ann Arbor Argus