|This latter sum was raised by subscriptions of five dollars by those who desired to join the society. Mrs. Wm. G. Choate was made president, Mrs. Wm. E. Dodge, Mrs. Y. N. Otis, Mrs. Henry Anderson, and Mrs. Jacob Wendell, were made vice-presidents, with a very efficient board of managers. The Exchange was intended in no way as an art society, or to conflict with the interests of the Decorative Art Society, but as a depôt for the industries of impoverished gentle-women; and in various ways to assist ladies who desired to replenish their slender purses without making it known to the world. Work could be received that is attractive and yet not up to the standard of elegant needlework, and sold to persons of refined although not critical tastes. Better than all, perhaps, no publicity need attend this exchange of money for industry. During the year the receipts have been $15,240.72, and $10, 252 has been paid to consignees. The expenditures for various matters have been $3,664.32, and a balance remains of $1234. The subscription lasts but one year. Of the 17,566 articles registered for sale, only thirty-seven have been rejected.
||People who wanted to join gave a $5 fee to cover expenses. The president was Mrs. William G. Choate. The vice-presidents were Mrs. William E. Dodge, Mrs. Y. N. Otis, Mrs. Henry Anderson, and Mrs. Jacob Wendell. There is also a board of managers.
The Exchange was created to help poor women who needed to make money, but who did not want the world to know they needed money. These women could submit needlework to the Exchange. People could then buy that work. The work needed to be of good quality. It did not need to be of the same quality as fine art.
Over the past year, the Exchange has sold $15,240.72 of goods and paid $10,252 to the people who made those goods. The Exchange’s costs were $3,664.32. Earnings of $1,234 remain. Donations to take part in the Exchange last for a year.
Out of the 17,566 items recorded for sale, only 37 were rejected.
|It is often asked what kind of work is received at the Exchange? It may be answered that almost every thing that is useful or beautiful that can be devised by the quick ingenuity of a woman’s brain, from the darning of a stocking to the adornment of a plaque–every thing, indeed, save plain white needlework.
||People often ask what kind of work the Exchange gets. The answer is all kinds of needlework that are useful or beautiful, like a mended stocking or a decorated panel. All kinds of work except for everyday linens.