FREE BOOKS

Author's List




PREV.   NEXT  
|<   417   418   419   420   421   422   423   424   425   426   427   428   429   430   431   >>  
an from heavy volumes, the answer. The great association of the poorer classes--yourselves--that is the State. And why should not your great association have a helpful and fruitful effect upon your smaller associated groups? This question you may also put to those who talk to you about the inadmissibility of State intervention and about Socialism and Communism in the demand for it. If, finally, you desire a special instance of the impossibility of producing an improvement in the condition of the working class in any other way than by free association through this helpful intervention of the State, you may look to England, that country which is most frequently called in evidence to prove the possibility for an association of individual workingmen established purely and exclusively through their unassisted powers, to improve the condition of the whole class--England, which in fact must appear best suited, for various reasons based on its particular national conditions, to carry out this experiment, without, nevertheless, demonstrating thereby a similar possibility for other countries. And this special instance comes directly from those English workingmen's associations which up to this time have usually been referred to as triumphant proof of such an assertion. I speak of the Pioneers of Rochdale. This cooeperative society, organized in 1844, established in 1858 a spinning and weaving establishment with a capital of L5,500 sterling. According to the statutes of this association, the workmen employed in the factory, whether they were stockholders in the association or not, drew a profit, in addition to the usual wages, equal to that distributed as dividends to the stockholders--the arrangement having been made that the annual dividends should be reckoned and distributed both on wages and on capital stock. Now the number of stockholders of this factory is one thousand six hundred, while only five hundred workmen are employed there. Accordingly, there exists a large number of stockholders who are not also workmen in the factory; on the other hand, all the workmen are not at the same time stockholders. In consequence of this an agitation broke out in 1861 among the workingmen stockholders who did not work in the factory, and also among those who were both employees and stockholders, against the workmen who were not stockholders receiving a share of the profits. On the part of the workingmen stockholders the principle wa
PREV.   NEXT  
|<   417   418   419   420   421   422   423   424   425   426   427   428   429   430   431   >>  



Top keywords:
stockholders
 
association
 
workmen
 
workingmen
 
factory
 
special
 

instance

 

hundred

 

number

 
condition

dividends
 

capital

 

employed

 
England
 

possibility

 

established

 
distributed
 

helpful

 
intervention
 

statutes


sterling

 

According

 

receiving

 

profits

 

principle

 

Rochdale

 
cooeperative
 

Pioneers

 

assertion

 

society


organized

 

establishment

 

weaving

 
spinning
 

consequence

 

thousand

 
exists
 
Accordingly
 

agitation

 
employees

arrangement
 

addition

 

annual

 

reckoned

 

profit

 

national

 

impossibility

 

producing

 
improvement
 

desire