Topolobampo (colony)

Topolobampo (colony)

History: Expanding

← Previous revision Revision as of 18:35, 26 April 2026
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==History==
==History==
{{Georgism}}
{{Georgism}}
In the year 1886, a cooperative colony was organized to carry out the ideals set forth in a book entitled ''Integral Co-operation'' by Albert K. Owen and published by John W. Lovell, of New York City in 1885. This book, picturing the future of cooperation, and the possibilities of this particular location in the State of Sinaloa, Mexico, with its natural deep water harbor on the Gulf of California, its valuable railroad concession from the government of Mexico, its fertile lands, a valuable option on {{convert|100000|acres}}, and sundry other attractive features, caused a wide circulation of the book.
In 1886, twenty-four pioneers left [[San Francisco]] to lay the foundations of the colony at Topolobampo.{{cite journal |title=Topolobampo |journal=Boston Journal |via=Public Opinion |date=12 August 1893 |volume=15 |issue=19 |page=431 |edition=Public domain |url=https://www.google.com/books/edition/Public_Opinion/8lc_AQAAMAAJ?hl=en&gbpv=1&dq=Topolobampo+colony&pg=PA431 |access-date=26 April 2026 |publisher=Public Opinion Company |language=en}} The cooperative colony was organized to carry out the ideals set forth in a book entitled ''Integral Co-operation'' by Albert K. Owen and published by John W. Lovell, of New York City in 1885. This book, picturing the future of cooperation, and the possibilities of this particular location in the State of Sinaloa, Mexico, with its natural deep water harbor on the Gulf of California, its valuable railroad concession from the government of Mexico, its fertile lands, a valuable option on {{convert|100000|acres}}, and sundry other attractive features, caused a wide circulation of the book.


To finance the huge project, the [[Credit Foncier of America]] was organized, a company which was to lay out Pacific City and make it a model of the world's best knowledge in city-building. One hundred thousand shares worth {{USD|10}} each were issued and sold throughout the world. A share constituted a membership. There were four kinds of investments-Credit Foncier stock, railroad bonds, script, and land certificates. The latter were to pay for the land held by the land-holding company.
To finance the huge project, the [[Credit Foncier of America]] was organized, a company which was to lay out Pacific City and make it a model of the world's best knowledge in city-building. One hundred thousand shares worth {{USD|10}} each were issued and sold throughout the world. A share constituted a membership. There were four kinds of investments-Credit Foncier stock, railroad bonds, script, and land certificates. The latter were to pay for the land held by the land-holding company.