The Project Gutenberg EBook of Consumers' Cooperative Societies in New
York State, by The Consumers' League of New York

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Title: Consumers' Cooperative Societies in New York State

Author: The Consumers' League of New York

Release Date: January 23, 2004 [EBook #10808]

Language: English

Character set encoding: ASCII

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CONSUMERS' COOPERATIVE SOCIETIES IN NEW YORK STATE

_Published April 1922_

_by_

The Consumers' League of New York

289 FOURTH AVENUE

NEW YORK CITY

* * * * *

This study was originally prepared for the Consumers' League of New York
in 1921 by Mr. Cedric Long. It has been revised by the League in April,
1922. The Consumers' League wishes to express its appreciation of the
valuable advice and assistance given by Mr. Louis B. Blachly of the
Bureau of Cooperative Associations of the State Department of Farms and
Markets both in the original preparation of the material and in its
revision.

* * * * *

COOPERATIVE PRINCIPLES

The principles established by the Rochdale Pioneers in England in 1844
and observed consistently by successful societies since that time are as
follows:

1. Earnings of capital stock limited to legal or current rate of interest.

2. Surplus earnings to be returned to members in proportion to patronage.

3. One vote for each member regardless of amount of stock owned. No
proxy voting permitted.

In addition, the majority of societies adhere to the following principles:

1. Business to be done for cash.

2. Goods to be sold at current market prices.

3. Education given in the principles and aims of cooperation.

CONSUMERS' COOPERATIVE SOCIETIES IN NEW YORK STATE

The Extent of Consumers' Cooperation.

The Tenth International Cooperative Congress, held in Switzerland in
1921, disclosed the fact that since the last Congress, in 1913, the
number of cooperators in the twenty-five countries represented had
increased from approximately eight million to thirty million and