Page 21 - The_story_of_the_C._W._S._The_jubilee_history_of_the_cooperative_wholesale_society,_limited._1863-1913_(IA_storyofcwsjubill00redf) (1)_Neat
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                                 The Earliest  ''  Wholesale."

   taken in Liverpool.  The new institution opened for business on
   December 12th, 1831.  If we may borrow the words used by one of
   the company's supporters (the president of the then Halifax Society)
   in commending a local manufacturing federation, and apply them
   to the Liverpool project, the latter was:
     A co-operation of co-operative societies, so that what one society could not
   do single-handed a number of them, when united together, might accomplish,
   and by this means be better able to employ some of the members of each
   society sooner, and be able to bring a larger capital into the manufacturing
   field, thereby taking a bolder attitude, and obtaining a firm standing against
   the competition we shall have to meet with.
      The first report of the committee of the company was presented
   to the third Congress in London, 1832.  The committee professed
   "  sanguine hopes "  of  " establishing a medium of exchange for
   co-operative productions, and thus connecting in a close bond of
   union the societies of  all parts  of the kingdom."  Twenty-one
   societies had joined the company, and thirty-one had commenced
   dealing.  The sales had reached £1,830, upon which the company
   had gained in commission £24. 12s. Id., against expenses amounting
   to £51.  7s.  3d.  The company's warehouse also was  full of co-
   operators' manufactures.  Apparently, by the ingenious methods
   adopted to secure  "  an exchange of labour for labour," one society
   might supply its productions to another having credit at Liverpool,
   and receive payment from the centre in the form of provisions.
      When the fourth Congress came to Liverpool in October, 1832,
   the trustees reported that  "  not only has the temporary loss which
   was sustained by the first four months' trading been covered, but
   that, owing to the increased business, a small balance  of  profit
   remains after paying every expense connected with the establish-
   ment."  Besides a considerable provision business, £400 worth of
   co-operative manufactures had been  " disposed of at the warehouse
   in Liverpool."  With the renewed help of Lady Byron, a simul-
   taneous bazaar  of  co-operative productions—the  first Congress
   Exhibition—was organised by the company.  " The bazaar was
   visited from day to day by numerous parties of ladies and gentle-
   men;  "  and on the last day the remaining goods " were exchanged
   by the delegates among each other, so that very few took back the
   goods they brought."
      Notwithstanding  this cheerful account, we do not sight the
   Liverpool  enterprise  agaui.  Owen's  paper,  the  Crisis,  in  its
   report of the Huddersfield Congress of April, 1833, gives no news
   of it, nor does its name occur in any subsequent issue.  Like many
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