Coöperation in the Middle States (Classic Reprint) - Couverture souple

Bemis, Edward Webster

 
9780243092680: Coöperation in the Middle States (Classic Reprint)

Présentation de l'éditeur

Having had occasion to refer to the early history of cooperation in these states, in describing the achievements inN ewE ngland of theN ewE ngland Protective Union and of theS overeigns of I ndustry, it is unnecessary for me to consider this early period again at any length. Protective Union stores selling goods at cost flourished for a short time in many places, but had almost entirely disappeared prior to the civil war. The first important date in the history of distributive cooperation in the field of our present study is December 16, 1862, when Union Cooperative Association No. 1, of Philadelphia, was organized. This appears to have been the first store in America organized on the Rochdale plan. One of its founders, Mr. Thos. Phillips, late labor candidate for mayor in Philadelphia, has furnished an account of the enterprise. On behalf of the association he obtained from the Rochdale Pioneers of England their constitution and other documents, which furnished the model for the store opened in A pril, 1864, with twenty-three members. Dividends on trade and all the familiar principles of English cooperation were adopted. Sales rapidly increased, until a business of $7,751.34 was done in the second quarter of 1866. But the great rock upon which cooperative enterprises are likely to split was encountered. Expenses were suffered to increase faster than trade. It often pays in private business to incur heavy expenses at the start in advertising. But where there is so little general interest in cooperation as to render such a course necessary in cooperative undertakings, the enterprise is almost sure to fail.
(Typographical errors above are due to OCR software and don't occur in the book.)

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