Page 216 - The_story_of_the_C._W._S._The_jubilee_history_of_the_cooperative_wholesale_society,_limited._1863-1913_(IA_storyofcwsjubill00redf) (1)_Neat
P. 216

The Story of the C.W.S.

        years  later the C.W.S. acquired land and erected the  present
        extensive building, in which some six hundred persons, under Mr.
        W. J. Piper, are employed during the season in picking, packing,
        and shipping fruit.
           From 1887 until 1890, after a long period of failing prices, a
        temporary rise took place.  Yet in 1890 prices were lower than
        tiie present level.  The absolute figures of C.W.S. trade, therefore,
        were below what would be their equivalents for the same volume of
        business now.  Nevertheless,  their  total had begun  to appear
        huge.  From £4,675,371 for 1884 it had risen to £7,028,944 for 1889.
        The profits had risen from £54,491 to £101,984, and the average
        dividend on sales from 2|d. to 3|d. in the £.  The capital embarked
        (£1,251,635) had almost doubled.  In addition  to  its business
        operations the Society  iiad become a  liberal donor.  Colliery
        disasters, like those of Clifton Hall, Silkstone, and Longton, were
        followed by donations; seasons of unemployment and distress were
        considered, and disasters like the earthquake of 1886 in Greece;
        and the  hospitals  steadily  received  their  share.  Of particular
        grants, £300 went to a Neale scholarship at Oxford, £100 to the
        cost of a Manchester meeting of the British Association, £100 to
        the Rutherford Memorial College at Newcastle, £50 to the veteran
        Henry Pitman, and £50 to the Holyoake annuity.  The Manchester
        Jubilee Exhibition was guaranteed to the extent of £1,000, and a
        mining and engineering exhibition at Newcastle up to £500.  The
        Co-operative Union scheme of propaganda at last received support,
        to the extent of £2,000.  Away from money matters the Society
        had to lament the loss of Richard Whittle (of Crewe), Samuel Lever
        (of Bacup), and WilUam Hemm (of Nottingham), all famihar workers
        in the growing Society and members of  its Committee.  In 1886
        also came the death of Lloyd Jones.  Owenite, chartist, associate
        of the Christian SociaUsts, pioneer of wholesale co-operation and
        co-operative leader, he was lamented by J. M. Ludlow as  "  for
        strength of lucid exposition and argument as a business speaker
        only and scarcely excelled among his contemporaries by Peel and
        Cobden," and " in his own peculiar Uno, one of God's truest soldiers
        in his generation."







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