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In this issuo will be found a suminiyised report of a meeting, held in Auckland on Wednesday, of the Civil Service Supply Association, which has been successfully launched. An agent of tho association recently travelled over the Waikato to procure tho support of tin; country districts, and met with much encouragement. It affords great satisfaction to the advocates of true co-operation to see this association established under such promising auspices. The Civil Service Co-operative Association in EngIrncl, starting in the humblest of ways, has now assumed gigantic proportions, and has conferred immense benefits on society, with a great section of whom it is a household word. The capital of the Auckland Association is a modest one, but is ample for the purpose if cash transactions only arc strictly adhered to ;, in fact, the vital part and sole clement of success will be destroyed if that main principle of co-operation is departed from, ft is therefore an admirable feature in the association that the directors become ‘ personally liable for any credit that may be given. Had the North New Zealand Banner's Cooperative Association adopted a similar provision, or had it never swerved from the cash principle, it would not have liecu in the position it has landed itself to the cost of the unfortunate shareholders, If business cannot be carried on without credit, then there can be no co-operation. We think, however, that the Auckland Civil Service Association will be conducted on wise lines ; and under good, careful management should become a great boon to Waikato producers as well as consumers.

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/WT18871029.2.7

Bibliographic details
Ngā taipitopito pukapuka

Waikato Times, Volume XXIX, Issue 2388, 29 October 1887, Page 2

Word count
Tapeke kupu
260

Untitled Waikato Times, Volume XXIX, Issue 2388, 29 October 1887, Page 2

Untitled Waikato Times, Volume XXIX, Issue 2388, 29 October 1887, Page 2

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