New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1858-10-11

naming in the Society fll. He has never p.H -.
the society more than 80 lt-. : III. altogether" ''
But the No Credit rule is probably II. ma.
salutary law Of the Pioneers I, has made I. "a"
and provident housenolders Of hundred. Who 49,,
knew what it WAS to be out Of debt to their ero...
TIL the Pioneers were organized. OF cour.p h.;.-
in debt, they had to pay whatever was denaod.S
with an extra profit TO GOV, the contingent, =
their never paying; now they buy tor cash At nd
prices, aud put tho entire prc6ts into their 49,,
pockets. We cite one more case:
The effect. Of the Store in improving N. sr.,...
Of IL. members seen in the instance OF one -
a. Dick, who has lived in q celar thirty YEA ~
was never till Row out Of debt lie one r,ar,,. esa
tonished his mkman by asking him 10 chang -
IS note. The sly dog never had one before ,,S -
ie p"TaS Non Or. pnSe IN G,'Payns h, frs; Pc
those who have the laIges, balances standing ~ 80
creG' are persons WHO have never paid IL sny sbilr
in. The whole is the accumulation If their n-os,
The Equitable Pioneers being now pover .,a
their enterprise an indsputable success. ,he, .,
,pectability is undoub.ed. Bishops and prs,,.
egard their orthodoxy as unimpeaehable; Man.
bers of Parliament and Mayors see nothing d,o,.
ganizing or Jacobnic in their rules or prset;cs,.
and not an old woman Of either sex in RO,bd,l.
loses sleep any longer for fear OF Socialist nj
from this quarter on her strong box or her sps,.
Cooperation is fully recognized in Rochdae IS th.,
most conservative. moral, beneicent idea whjcl
it really is. But there have been co5Pentse sr.
periments on the same plan IN Great Britain. n
we'll as in this country, which have been kr "a.
successful--in fact, not successful al a-somelues
through inexperience or misfortune oilener through
rspsci,y or downright rascality on the part q
those intrusted with power. Ia every attempt
says Mr. John Holmes, in paper read at Brnls.
ham before the British Association fof the I'd.
yancement Of Social Science the co0perators must
NOT 10 speak of the indispensable honesty Of ,as
manasers-secure the following
CONDITIONS REQUISITES FOR TIE SUCCESS % CO.
OPERATION.
L. Sufficient members 10 enable the principle 70
operate. - -
81 All sales, as we'll as purchases, to be for rssiy
money only. 49,
- Understanding of the necessary conditions Il
IS Managers equal to the average abilities Of he
trade.
6 Directors who have coufdcnes in the principles
Of cooperation and not Too muchcoenaenss 10 Sny "
untried.
~ Perseverance, and patience to work 6df Escs-
ssry results. .o,rs ..ch others, s;.;,,.,...,
opinions.
'"9 Equitable rules relating to members snd Yrl
ones under the Friendly Societies or other P'ras-
mentary acts.
40. Reports regularly published. showing lncOus
ortgo expenses, operations, profits or loss and the ~
lations Of each.
al. Correct sudits Of accounts, and gasrsnts
from all in trust.
"I2 Careful oversight by al officials and yet u,
spect toward all who do their duty as servants 70 DO
| Society.
"l3 Accumulation Of funds for the purpose Of a.
| tension loss, wear and tear, &c.
"All failures and We know many sad ones) ~a
from the open breach Of some one or more Of the sw
| conditions