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suit BANKlyheC- }!nein |tn r-ik% nR-! W‘PirichThat a state bank as well as a 84fi 11 ■ i 1*1 %. I s i ^ 1 immco-operative store would be opened here In the fight of organized labor against the Open Shop Association was announced today by the Joplin Central Labor Union following a mass meeting yesterday in which progress on financing was re-nisaid nn-e-n-a-toI nii-1 f-f-1-v-isISiported. 'The bank will have a capital of $100,000 and probably will be head-’5 ed by John Miller of Mulberry, Kan. who Is assisting organized labor In Fort Scott, Kan., In organizing a bank for which a charter has beengranted and which will soon boopened. According to officials of thelabor union, Jasper county men already have applied for 51 per cent of the stock without any effort having been made to sell It.Outside support was promised by Ashley A. Ash of Fort Scott, manager of a co operative store there Iwho declared today that the Open I Shop Association of Joplin would ' be under fire from a union of farmers and laborers throughout southeast Kansas.Get Outside Aid. “Twenty-five thousand dollars already has been appropriated by the unions of Fort Scott and neighbor towns. Ash said, for the I Joplin fight, the contributors bellev-^ | Ing the movement here is the beginning of a fight in their home communities- The farmers are par* «jtlcipating and will soon be organized to aid because of the Kansas industrial court law, which places thefr products under state control «! j from production to market. They don't like that condition and are joining organized kibor for tbsti fight as well as the open shop campaign.**Ash announced that a big co-operative wholesale bouse Is vlrtual-e [ ly organized, to be located In Fort Scott to serve as a base for numerous co-operative stores as will beorganized In Joplin.rl ) stock Subscrltn’d.Reports to the mass meeting yes-t terday, held In the Market house, 120*1 Main street, showed that $60,-000 worth of stock has been subscribed. Whether an'* effort wouldbe made to Increase it to $100,000was undecided.It w ould be easy to get the other $40,000,” Don C. Grafton of the Union safd, “Jut it Is not Improbable that $60,000 Is sufficient.The store at Fort Scott began on a small basis and Immediately earned big profits now represented by Increasing stocks and decreasing debt.Regardless of the decision, thestore will open its doors withinsixty days **Ash declared that I4R.000 has been withdrawn from Joplin hanks and deposited in Fort Scott banks alone since the open shop fight began.aI-4tr,4Inir
Newspaper Details
Joplin News Herald
Joplin, Missouri, US
Mon, May 31, 1920
Page 3
Full Page
Clipped by
Joplin P.
MO, USA 06 Jun 2023
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Joplin Daily Globe
