New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1880-11-04
ppACTTCAL COOPERATION.



- - tl,sY The financial rom which consumers ca"
VI .nt they VIII b. sufficiently beneh'ed ny ue
-, IN Justify them IN organizing COOPERATIVE "'"
= s,.,eties for the purpose OF supplying Vu''' N"
, s.ar~,a result in liars and ceni' 10 '"' ''"'
)V r.i,h The public Will form Us first Judgment Is
,ili.y OF Investing in them Knowing "''''
" -, ,r. Interesting themselves IN a movement '''
I'D .cfiou of cooperative system o. ua'i"| }"
- and country have. for long l"l' "''"
.. vows with the idea of dcVisns sucn S''',"
80. commend itself T. the public a" W." q" u" =.
d. .t... aud expert fnanciors by reason % u"
mos. A.. Gle result Of Ii III deliberations h'5
soA"'' 49,. ,t , code OF model bylaws for me gov
NV ~. C,oqerauyc aiding Societies.
OIu''i'. r t,o,y no one interested III ils movement
,.o.t desire te encourage inc u.S''e 'h''S'"'N'
,,,e dollar. ,-pecia ly as o. "ol@r j. "h'9 3" "'
"a In. ol tie va.c-carucr whom 10 ls desired u
t'' r, fr.s reason wish 20 ask public az enuou
a ore.a. principles wAicE viii govern such soce-
90 .,,,..1. lr adopting these II del by-eW', IN
a., zone that those VINO discover their points OF """"
ss NIL give the persons Interested IN me movement
IN. ,,reht IL tner or uclsm That ce"' u-N,I'''i'-
,.rof ;le principles may be had. VIII state tAoh J"
,, order Ia winch % VIA u most convenient 10 o'i
er them. and at the same time vii explain '"c po''
smaic lor tAoIr Application.
r...t-,I lev invested al risk should have sGIH-
,,a. prospect. OF profit to justify che rlSk taken
Tine investment IA ue 1Acd share capital OF Tic soc'
fy Is the oasis upon winch Its business must I''' III
Ill
,..,c,.ous no. only That j, may earn interest," qua
,,- ,,rii a comm ercaI profit, IL nah Trans
- to invest money where t viii be suiJec'cd 10 'L'
r.-o business uulcss there is rea~onaor p'osi'' w
,.1 capita. getting larger return IN inc I"'" ' i
can obtain when invested with an "Ii'' E
AIMEE security III the form OF interest Acc'I''"e ''
~ ,,,,,,rial. these bylaws provide that snare CAP
l snail receive. first a dividend oil - per ''" F
ouarer t5 pr en-. Per aruun as It's Interest," anu
,,.-.e~.v dividend at sucn rate as the prom W."
l ,v,., divided upon sum OF oue-Gu.'rier oil 'he
er. .aa.-tl. rA. Iu amount paid rs wages ''' '' 1901
,r. If ....,- for The quarter Tls d'l-en' Is COM
1,on t,. the risk AMI profit 81 cap''i' ana is ''''
r,., one quarter of l.- amount Tor i'r I''''n '-.
r..s,,rl.. ben paid o4.y one-Iua,ier '- d ye'- 7
., ..,-.,rl I8. made only one-qu trtcro of years
t.. .,.i... Jls H.! us fIl amount usc4 only one
quarter of the vclr. .-
Sl-,,,l,,-,fouey invested guaranteed security
sl,,iId nee. .vc only legal interest.
r provide for an Investment similar To That held ID
,b rnI. -,es M Ter the form Of "W.thIrav ale
sls-. Capital" these bylaws provide for ihe ISSUE OK
scr-r c.rud stes which redecmaile under liked
rLs A. s-,cs an investment is Cuaraut I'D oy ta'
s- canittl It is Not subject 90 the risks OF he or~
nee: Their fore it allowed legal interest onyj Out
t p1id quarterly, since a Of The accounts OF ile SOC
cre-- are settled every quarter
-.rVy-r.e -,l--utefe,t oi those having 90 do ".iA
ACKNOWLEDGEMENT IS factor that must always be ,on'd
ef.Iiu AMY sound system OF business. Good manage
nsot .-e, OF Z a tnos" upon whose jidC nea. care
ssl and integrity "a pr h.aue result depends should
have their compensation some measure depend upon
Oh. amount pr I'll produced
TJrpnlr .s pr.aci r 10 is provided fnat tAe same
r.. OF Dividend 10 is paid Go capita. FIR It's risk ana
pr Or. I G, custom upon tha an, uut of IFS purchases
chi, ,o r..a O., U empioye-. uoon tne .lil amouni paid
o. rI.m H5 wages,
Earraly-crstom, rot competitions is The h'' OF
business
W.-aoat 'he demand M p consumer '"'re "'''.N
eA---e Oh P-.''.'a, "-''- -. .tt. ne.
o,t's,,r -loI.fe itself The whole aim OF any com
-.t.or .s fo attract 10 himself the custom of tie
public T. proportion re- DEE -H'ceeDS 'H l'-7' '-' '-
come ,o l.m ANA Gves Ls ons'tt-s ...., 49,
Z . r an" re same me .5a a e5 It's Stem business
TIE TRAD sNAN ANb TIE CUSTOMER
Tae fire o. cemre iHrn IS tue rcf-n.er''t oil ''e
,-,..,1 The ..e OF pcratlon is tae sei-n'eIe-'
ottne CO.'S oner ~, .r,..,t-.y, trldesneo 10 tho H.-
oi' ..,...i r,- r,ira,y.. br..gt. We make r'f on
zear t au we ,'e % ,d no g9 pr he a
r-. AL .,.u Ila. ...e 0ut save jlot tou H.al
become lia,I,.ud.tt Y..r committee OF Management
cooao.. yoa- 9n- i and thew dyiad on the amount
r 81 y, a .r rat .' IN DO '1 vcS -y
g 81 l, society 90 ;,aeh and hello You To- a-'..
o.tIc.v dollar w4tA -ue' tiA .A-.lo d, e rr van
saF. they u'i-r.iAc To uI -c ~ y & ,.-,. ~
4i wt.ed -"cF VII ~ Cd" a." ..,'',t f... I'm.
gsa-.' /. b. 3D.. sur. i-'A o. .-.' . ~, ir fF..
enabled coop .r'.I'n .o -t'iI' il.-'.,.' e., 10
face. 90 %. most Gr. I.i!i. ,., ,tt4-.I,4 ,.
t,t--'.t 90. -.'" lI ~
s4-I societies ~ I'D .'".' .. .,, r,,.s .r,.. .p-
Ia tnc Wa ID. ro''-f', ~ ,a.-r ,, noc.-ary
te'.,' 5f 'l- consumer ny, ,. 4 in -, snare. :
TO- A,u To save -il' D" 'i i,,' -, ~. d. r.4t8- l,
.'- t'.. thirdly making It possible tor
I , b. .yIu. IJr nilu tle l4Ou. Oh As necessary
Hlw TIE PROFITS ARE DIVIDED.
= Nr-tra-e manner AMI .u'cJ OF th' NiF"'A vi