Reports of the Special Committee of the House of Commons to Whom Was Referred Bill No; 2 an Act Respecting Industrial and Co-Operative Societies: Also ... Evidence, and Exhibit No; 1 (Classic Reprint) - Hardcover

Inhaltsangabe

Excerpt from Reports of the Special Committee of the House of Commons to Whom Was Referred Bill No; 2 an Act Respecting Industrial and Co-Operative Societies: Also With Minutes of Proceedings and Evidence, Addendum to Evidence, and Exhibit No; 1

Your committee found that co-operation offers a means for the labouring classes to purchase, under the most favourable terms, the necessaries of life and the articles required for the exercise of any trade. It also provides a system by which the wage earners can either build or acquire their own homes, by means of Small loans from credit and savings societies.

Your committee have given the credit and savings feature of the Bill their special consideration and have arrived at the conclusion that any general movement to foster cc-operations destined to provide small loans and means of investment for people whose situation removes them from the sphere of action of our ordinary banks.

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