New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1860-10-27
SUCCESSFUL SOCIALISM.

Eros The Saturday dndlyH and Leader.
TIE Rochdale Society of Equitable Pioneers. which
hss since been the parent of many similar nsttutions
both in Rocbdae and elsewhere, was founded In 1884,
the object being to enable the working classes to be-
come independent Of tbs tyranny of capital 1t began
by forty working men contributing three pencs apiece
In the course Of few weeks thsir three pencer
amounted to eos; with this small sun the forty po-
neers opened little shop for the sale of groceries.
butter -four snd other provisions of the kind. AT
first the shop was only opened on Saturday night and
was managed gratuitOusly by the promoter, III was
uphill work for years to keep the concern aioa
but i; continued gradually r. sttract customers, and
shortly after the failure of tbs Rocbdle Savings Bank,
tSe capital Of the store tTetled in twelve mouths
At the present moment there are, in Rochda e. three
cooperative societies, owning among them capital OF
DO Ices than ECO 900 the Whole of that large amount
having been subscribed by Of The working classes
The original society las grocery end provision ware
house. a butchers chop, d-apery and clotn'ngsnop,
snd shops for tailoring sDd sh making is capital De-
ing inward of GO 600 The plsu upon which the
business is corducted Is ss nearly possible that
which is pursued by public companies generally, with
the addition Of educstiC nal scheme; ana certain
limitation to the scale of profit payable Ia cash
Each member If expected TO purchase, bt degrees hVe
SHARES Of & each but is tot allowed TO hold more
than ore hundred ard upon these he receives hve per
cent per annum interest, aud no more. The remainder
of the prof. il devoted to two purposes the fret Ii the
maintenance OF free library, NJ ws-rooms and sven
ing classes for the nembers The other is dividend
fuId or drawback, which is divided among the Gus
toners Of the store in proportion to their purchases
This later dividnd is often larger than the rst since
man who spends f25 10 the store has dVidend
Of f3 Ilar ed TO his credit e0rt OF discount upon
bis purchases. Thus the store s, Ia TACT; the
purchasrg sgent of its membere. The members,
col ecvely "a harehoders obtain goods at VIII )lesae
prices sell them at retail prices and at the emf of the
year divide the profits among themselves, IN the man
er described The store is also Savings Bank, and
receives deposits from It's members up TO the amount OF
iufar The Tufa nf HUpn TO DF
the nee Of tn, money The advantages of this Asso-
oistion are thus pla9y 6sted By Of Its founders:
1--WE can do with 70 overoo sers thSn master
manufacturer, because with every man u an over
locker having sror gn'ereet N the quality OF ho neigh
Dor work so well ss bis own. We have less waste,
becsuae every feels With us, that he has an mi ar
eet in avoiding il. We cen al ways secure the best
work men, because with they will ha 70 the current
rate of wsges and profits 10 addition. Oar working
therefore will be more economical than that OF onr
cOupetitors; and as every >nofaciuIer klo6S, the
pr, fs Of the trade depend small e,ono nj g.
Another great advantage IL addition " all Inc DINERS
is that The toners At these cooperative stores are
enabled to purchss uDadnleIatsd AND genuine goods
IL bcnd be meI toned ALSO that one OF the NOS strict
rules Of the Association is that no mtmoer SHALL be Al
lowed 70 have goods on crsd He may re share
no der in the corcerD he may be deposltor to tue
full amount of fIO0 but he cannot Rave goods without
paying foi ITEM over The counter lie may "lu1ra"
portiou Of the money be hgsl1veeed bottat process
uns be duly gone through and the transaction squared
At once. Its well observed by writer In Frasers
Magazine wb seems - have bFen convinced, almost
agar It his H. by what he saw at hochdale tnat no
better education, practical, intellectual a2d morai
could have been given 70 the working CLASSES OF usl
town tbao thet itch their stOre and nJ aid factory
for the store has been the parent OF both THESE s ct
-bsve given and are giving them Ihey arc ioadninB
selfrespe Ct self command, and sefkno ~eoge. lhey
haoe learnt most OF them, IN regard the Igo's ana
good win Of cspitaliss employers and wealthy neigh
bore TO comprehend SOMETHING 81 economcs auu
IN upoerftand the suicidal foil, Of strikes and riots
Here then we have several notable examples Of the
snccsfu working Of trade socises conducted accofo
pg 70 the principles OF communion IL must % on
seTyed however that the communism pracuoed oy inc
Rochdale pioneers s dlyessd OF sne ipr . ,hs
cro,cI1ts which rave defebted all former efforts 10 the
same direction The rights OF private properly are
tIIy ,ecoonzed and the constitution CT the society Is
aansnisv de- jQned to foster and promote energy, sell
reliance AID prudence. The store htips no 0po "no
does not belp himself and the ad vantage "
@.d IN, In pronoron 10 ths value OF the cooperation
80 80 n.mbeis These coo erative stores are In iscI,
otbi,O more nor less than modification OF Jolntoe
comns5i,s. And why should not working men suo,
crbe capital form bJards Of directors ana CARY W.
bufinese by combination, as wen as .hea onndnced
he 90 more than enough of wild speculanops
yvi'bout capital by boards of direction "
.nniless adv enu,ers utterly without either poho!I
bone,ty or capacity. The object OF many " Ice
smpIy TO put moOey into the pockets OF uireoVs
ofcias at the expense OF crednious ana - a in
bi;c TIE vorkine-mans ooopertt store is al III
p,n,io, ~ another kind Its whole and sole ooIect n
mntnal advantage; and while each sSarehooof anu
msuber Of he cety ID tntIieo 10 Voioo ~ Wv
ton u it's directors aud managers theIe 70 pc he
guaranty that the cal itsi OF the Com t 49, -, ace
Inverted from its leoi mate purpose we hopo 20
the example 30 worthily set by the piohoeis u -
dale followed by all the great towns Ia ,no ia !,
for we cannot doubt that all The efforts OF the hnJ
theoretically and carefully conduciea "nu P tI 90
nyoner limis must prove commerce ally suSehSoIu "'N
"A tot he al IRA "a