THE GO-OPERATIVE ASSOCIATION.

Waikato Times, Volume XXII, Issue 1869, 28 June 1884, Page 2

THE GO-OPERATIVE ASSOCIATION.

TO TUB KM TON. Sir, -Over the si«natme " Kquity " a coi respondent makes sonic flippant remarks on our Co-opciati\e Association, m.iking special mention of my saying the directors should bo " h.ird headed practic.il men." Well I should think the meeting at Hamilton on 17th would pro\e that the directors had not, at least in the opinion of (50 shareholder, acted wisely in suggesting that £2,000 of capital hhould out-vote £8,000. Indeed Mr Gillett allowed that the matter was lushed thiough "without proper consideration." Also the w lid talk ot another diiector wanting all the cipit.il sunk in a fl >ur mill to reduce Ins bread bill I know also th.it may shaieholders arc not satisfied about the Clark and Gane business, and consider that the association was stiong enough to make its own business without taking over the old stock, (much of it pnishable) and liabilities of that linn. A good thing no doubt for them these hard times, present and to come. As to " Equity," I feel an examination of his cranium would prove very un?atisfactoiy, as judging by his letter it produces only sneer» and school boy Latin. — Ian 1 , etc., Carlos.