The topics of the regular toasts were, _The day we celebrate_; _The memory of Fourier_; _The Associationists of Pittsburg_; and so on through a long string. The volunteer toasters liberally complimented each other and the socialistic leaders generally, not forgetting Horace Greeley. Somebody in the name of the Phalanx gave the following:
"_The Bible_, the book of languages, the book of ideas, the book of life. May its pages be the delight of Associationists, and its precepts practiced by the whole world."
Our next quotation hints that something like a dissolution and reörganization had taken place.
"We notice in a recent number of the _Pittsburg Chronicle_, an article from the pen of James D. Thornburg, on the present condition of the Ohio Phalanx, from which it appears that the report of its failure which has gone the rounds of the papers, is premature; and that although it has suffered embarrassment and difficulties from various causes, it is still in operation under new arrangements that authorize the hope of its ultimate success. We know nothing of the internal obstacles of which Mr. Thornburg speaks, and have no means of forming an opinion on the merits of the questions which, it would seem, have given rise to divided counsels and inefficient action. For the founder of the Ohio Phalanx, E.P. Grant, we cherish the most unqualified respect, believing him to be fitted as few men are, by his talents, energy and scientific knowledge, for the station of leader of the great enterprise, which demands no less courage and practical vigor, than wisdom and magnanimity.
"We learn from Mr. Thornburg's statement that to those who chose to leave the Phalanx, it was proposed to give thirty-three per cent. on their investments, which is all they could be entitled to, in case of a forfeiture of the title to the domain, in which case all the improvements, buildings, crops in ground, etc., would be a total loss to the members. But there is no depreciation in the stock, when these improvements are estimated. The rent has been reduced to one-half the former amount. The proprietor is expected to furnish a large number of sheep, the profits of which, it is believed, will be nearly or quite sufficient to pay the rent. At the end of two years, $30,000 in bonds, mortgages, etc., is to be raised, for which the Phalanx will receive a fee-simple title to the domain. A large share of the balance will be invested in stock, and whatever may remain will be apportioned in payments at two and a-half per cent. interest, and fixed at a date so remote that no difficulty will result. There are buildings on the domain sufficient for the accommodation of forty families, in addition to a number of rooms suitable for single persons. The movable property on the domain is at present worth three thousand dollars.