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title: 'The Day book. (Chicago, Ill.) 1911-1917, January 22, 1912, Image 14',
meta: 'News about Chronicling America - RSS Feed',
Image provided by: University of Illinois at Urbana-Champaign Library, Urbana, IL
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-Now the league can boast 141
stores, operated by the 100 com
panies," in Minnesota," Wisconsin,
Nort'h Dakota, South Dakota, Il
linois and Missouri.
These companies have 11,200
Ttfey have a paid-up capital (no
water) df $1,500,000.
The annual turnover of Jthe
stores is about6,000,000.
New stores are "being estab
.They are all purely co-operative
run on the Rochdale sys
tem that has proved so success
ful in Great Britain.
There, inbrief, is the statement
of the present status of aa organ
ization that was started in 1902
by E. T. Keyes of Chicago, who
tried to apply the Rochdale sys
tem backwards, by establishing a
co-operative wholesale house. His
effort failed in that regard, but
the organization that he estab
lished still lives.
The stores established by the
R. R. L. are Rochdale, both in
letter and in spirit. Men and wo
men vote, not money. Stock is
sold only to folks living within
"trading distance" of a co-opera-,-tive
" Fixed dividends are paid on
stock and each patron-member
gets back the profit on his own
' purchase in dividends paid semi
annually oj quarterly. In gen
eral non-members get half divi
dends on what they buy of the
store. Prices are Always held at
the current market level.
Qtlite as successful as .the -R. JR.
L. is the Rochdale Wholesale Go.
of California, which is the parent
concern of a big string of Roch
dale retail stores through the"
Pacific coast states. This enter
prise has been' going for about ten
years and has demonstrated that
the Rochdale system works.
Another organization that is
now doing work along co-operative
lines is the American Society
of Equity. This is a class organi
zation (farmers) but its work is
now being carried on on such a
high plane jis to . merit warm
praise.' Organized some ten years
ago with a view to the forming of,
a farmers' trust, tnis society has
now become practically co-operative
in the true sense of-the word.
It is strongest in Wisconsin.
Then there are scattered
throughout the country various
independent co-operative con
cerns that are notably successful.
Such is the great business con-,
ducted by the Johnson County '
Co-operative Association of Kan
sas, grange organization that has
.been going since 1876, which has
now four Rochdale general stores'
a fire insurance business, and. a
Such is the Tamarack Co-operative
Association of Calumet,.
Mich., a purely co-operative asso
ciation of miners. Their store is
the biggest and most prosperous'
co-operative store in the country.
Then there are the thousands
of co-operative creameries' ami
cheese factories, fruit packing
plants and graimelevators.run by
the American farmers and fruit
growlers, j0 5- . -t