TRANSACTIONS OP THE SECTIONS. 99 
ad ia the event of a deficiency in one sort it was to be made up from others to the 
■eamouatin value. The rent charge was as follows £ s d 
IWaunnal rent of the estate, 622 acres .....^ ^ 
Imwi for live stock, valued at loOO/,, at 6 per cent. ro n n 
lotfot on buildings, valued at lOOC/., at 6 per cent, ... _ 
iomst on tools, implements and machinery, valued at 1000/., at 5 per cent. 
^900 0 0 
Theproduce required to meet the above charge was estimated at the prices in 
Uaeiiek market when the Kheme was commenced, and those prices gave the to - 
Winsresults: ^ ^ 
$400 stones of wheat, at la. 6e/. per stone .... 0 0 
8840 stones of barley, at lOd. per stone . ^ 
480 stones of oats, at lOd. per stone .. n a 
70cwl.ofheef,at41h.percwt. ® ® 
.TO cwt. of pork, at 40*. per cwt. ® ® 
10 cwt. of Imttcr, at BOi. per .. ® ® 
jC’900 0 0 
BtiJie adoption of this moile of payment in a fitted quantity of produce, the So- 
undertook the risk of good or bad seasons, and Mr. Vandaleur the nazarn oi 
iqA or Iflff prices. 
Bf tbc terms of the agreement Mr. Vandaleur placed a large amount of property 
b the hands of persons completely devoid of capital, and whose prejudices and 
•aw led them to oppose the plan in the first instance, though they subse- 
a 1 fully alive to its advantages. It was agreed, therefore, that if the scheme 
I fail, the property should revert to the prnpriciur at the end of the first 
Hie uhjecu of the Association were,— -Ist. The acqiiisHion of a common capiw. 
Tne mutual assurance of its members' against the evils of poverty, sickness, in. 
and old Bgc. 3rd. The atttiinnient of a crenter share of tJie comfom of l«c 
$*1 the working classes ordinarily possess. 4in. The mental and moral iiiiprove- 
adult member*. 5ih. 'iTie education of tbeir children. The advant^es 
^pated by the proprietor were.—1st. To obtain a higher rent for his laud. «nd. 
interest for bis capital. 3rd. To secure the punctual payment of these. 
Security for the Bihwes made upon the labour of thepci^lc. 6th. The ^fety 
|*»csiofk, machinery and capital entrusted to them. 6th. To effect their objects 
^ordante with the laws, and at the same time to improve the condition ot every 
■••wr of ihf Association. The members of the Society were to work as many 
to do Oi. much work as common labourers or workmen, and to draw no more 
IJ« the funds of the Society than would have been paid them lor wages as such. 
they were to continue to <lo until they had a capital of their own. A regular 
T^twas kept of the time and labour of each individual each day. 
■e week the vane aim was paid to each upon his or licr labour tliat Mr. ' wod*i- 
2»WfwnierIy paid them for wages. All the profits were to accumu^tc 
y ‘w! Mock and imptcnicnis os per inventory, should be paid on i when the 
would decide what was to be done with tlie surplus in future. The money 
by Mr. Vandaleur on the labour of the members was in labour notes, pay- 
at their own store. The number of these registered for circulation m the 
1 Mnounicd to oO/., in the fol lowing proportions £ d 
representing 0 days* labour . ® ^ 
representing 3 days’labour ... ® J! 
representing 1 day’s labour . o a n 
representing i day’s labour . f J; « 
.. n 13 4 
i,.'** |‘(;»repre8ciiting4 day’s labour . « l; 
^^0 at 4d., representing i day’s labour . 0 C b 
£60 0 0 
h2 
