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Newspaper Page Text
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FIRST' AMERICANCO:-OPERATrVEl ARTICLE
There JHkve BeenGfeatB.Succeses-' and Great Failures, But
ToaayTKereiAre,GreaV Successes Stories of ' Past Ex-
perunenrs;;ana"Wnyiiney-iJia iot'pucceea oianea witn -EnghshMovenient.
.'v'! . "
.!-.. -Y?j ;-,?
The, "Farmers? Stqreof Bloomer, Wisconsin.
Perhaps the most successful store of its kind in the country.
It is a joint stock concern 'owned, by 1,000 fanners living about
Bloomer. It is not co-operative, in the true sense of the word, as it
pays dividends only on stock and limits the margin of profit instead
of paying all profit back to purchasers as do the truly co-operative
stores. This store Has been running twenty years. Last year it did
a business of over $500,000.
There was a time when . one
American society saved its .mem
bers some $12,000,-000 a year by
. This society had state agen
cies throughout the union. It had
thousands of locals. 'It had near
ly a'millipn members. ,