CO-OPERATION.

Evening Star, Volume VIII, Issue 2238, 9 July 1870, Page 2

CO-OPERATION.

To the Editor of the Evening Star.

Sir,— l have to ask your indulgence in requesting you to insert these few lines in your journal, and hope your readers will excuse me for thus trespassing on them, but feeling as I do towards the principles of co-operation, more particularly towards the success of all that start whether in the old country or In this the land of our adopted home, I am induced to make bold (with all due respect to the promoters of the meeting that was held last Wednesday evening, and at which I was present) to say that I with many more came from that meeting much disappo nted, when we found that it was the intention of the promoters to keep to that rule of the society which makes it commilsory for shareholders tobe theowners of live LI 'shares. This, in my humble opinion is tantamount to one share of the value of L 5, and here I wish to observe that it is nor my intention to offer any offence to my fellow man, when I state that I do not think that any one of the unemployed of this city had much to do with the settlement of that point. If so, lam surprised that the thought did not strike him that if this society was promoted by and for the benefit oi the working man, why were not the shares placed at a s on that would have been within the reach of the poorest of the poor. But, if the Committee do not intend to submit to any alteration in it, I can only say that your humble servant, and others that I am acquainted with, and who heartily wish the society Godspeed, will be debarred from uniting with it in the great work now commenced, only and simply because they do not possess a five pound note. And I sincerely believe that the greatest number w’ho would bo Its best customers, will bo prevented from becoming members through the shares being placed beyond their means, I should have endeavored to the best of my ability to try and show to the meeting, if possible, the wisdom of fixing the shares at LI; with the option of taking from one to one hundred, but owing to the late hour of the I thought some misapprehension might arise as to my intention it I had then made an attempt to open up a discussion. A Workman.