The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1896-11-27
COOPERATION AND CORPORA
TInNs.

II 10 reported In the press dispatches
that a movement Is on foot among the
leading Popullsts of Kansas. under the
leadership of Chairman Brieden;hai. OF
the Popalist state central committee. TO
engage In an extensive cooperative In
dustrial scheme. Tfis II good move,
but the singular part OF Is that II
should be started under Popuiistic aus
pieces Cooperative industrial Institutions
are present already in enormous and rap
Idly increasing numbers throughout all OF
che United States. and indeed constitute
the peculiar business phenomena OF the
present age. Such institutions have. how
ever, been the uniform object OF attack
by the Pooalist party. ever since Its APP
pearanee on the stage Of American poll
ties.
Every corporation In the United States
Is a cooperative institution. as It's very
name indicated Far the greater portion
az existing corporations are engaged In
Industrial pursuits. Why The formation
should be considered as a movement In
tha direction OF reform. while the crgani-
zatson OF precisely the same character OF
Institution by men OF another class should
be considered as a menace 10 our instiiu-
lions. il a eonandruin presented by the
populiSls Which they themselves are alone
prepared 10 solve.
There Is a great deal Of popular mis-
apprehension existing on the subject OF
corporations. which Misrepresentation Is
responsible Tor large amount OF the pop
ulAF prejudice Nhhch exists against such
Institutions A corporation 10 nothing
mere nor less than cooperative scheme.
sae machinery OF whicsi is regulated by
As. by which any number ef men OF hm-
lied means can Join their financial re-
sources and embark upon s. manufacture
/ ing or business enterprise. which ssnkly or
even IS partners they would be unable 30
engage In. Some Of the largest corpora
sloaS now IN existence in the United
States were originally started By men OF
sslau means. whose savings we're en-
harkea tnso 6 collective enterprise wasch
proved ultimately very profitable 70 az.
ittsnt here al home there are In existence
erse and wealthy corporations In which,
AZ their incspnon. the largest amount az
capital embarked - any Individual stock
apsder wss Tess IN amount than could
.~tsh ecoaeaay. BE sased by any mechanic
having regular employ rnsng IN four Or ave
years, They we're, strictly soeaksnS. co
neTsttvs Institutions. IN which men Of
scss0A! experience in the particular class
business IA wAleh The corporation vas
sgSaed "a engage. jointly invested the
sslass hela cat q wages 10 higher ,haa
ssre received ~ olher usn IN the sane
LASS 81 Snrsusfs T'hat the corporations
sus formed shoa,d have provsa success
rsi aad hsans&ss ssAjth "a shesr 3ncer-
aora1ogs ssgai 10 excite emulation or ,he
example. ses envy of ire resss.ss achieved
Every successful corporation % she kiaa
l. a triumph q tae cooperative principle
TAess are corporations In wnica ths co
operators aavgs rs neg only tneir savings.
sat gave sseir aersenal services Tne-e
are arAsT cogserat4ess - q s1aer seoee
wateh hare rvoven eesssr than savings
aAnks fer he investment % ssnag savings.
IA scrse % TIE ssrges, rassra&a systems
IA ne EasssEn at2tss gAe great rAters;y
a. sae sEcsk Il AesA - sssai Socks BY a
great HsAss 81 ssgsats Investors axtnx alssnx
tas Ire 90 rae saEroa4 Tess = 9artss.,,-
tayiy sAs c&se wisA sesns 90 tAe Nex EAR.
iAHs railroads. ART e seene extent 81 re
great pennsssy 2-lN sySse-a. Tesss ssnAa
snye@s0Fs are familiar wtta TIA seFk.axs
1 81 sae READS: .Aey are 10 sesae extaat
5 sassr patrons. they have ceaH8snoe n sA-
4 uznsgenens. &ns rcastxe sA&f taesr L..
sfSsaFsss n tae stock are SAFE ard MI
cara A. least as etsa a rate e snssress rs
san ~ aa9 fren any sca.sr secure ia
ssstrsens> Tsws tassr ssssags are 80 H.
yssssS. Ter a. r-AcsSsl ggvz~sses. TIE