Page 448 - The_story_of_the_C._W._S._The_jubilee_history_of_the_cooperative_wholesale_society,_limited._1863-1913_(IA_storyofcwsjubill00redf) (1)_Neat
P. 448

The Story of the C.W,S.

         In March of that year they asked the Quarterly Meetings to adopt
         the principle of employees' superannuation.  "The idea," said Mr.
         Stansfield, at Newcastle,  " had sprung entirely from the Board
         itself."  " For fully four or five years," said J. T. W. Mitchell at
         Manchester,  "  the Committee had been considering this question
         and deUberating on what form it should assume.  .  .  .  Many
         plans had been considered, but none of them were satisfactory,
         until last year they came upon a plan that had been put forth by the
         London School Board   .  .  ."  It appeared that the approved
         idea, which the Committee had intended to reserve for detailed
         statement, was  "  to appropriate out of the profits a sum equal to
         about 2 per cent on the wages  .  .  .  about £2,122 a year."
         From  the  fund  so formed  all  employees  of 60  or 65  years,
         having ten years' service or more to their credit, were to draw on
         retirement in proportion to that service.  It was to be a sheer
                 "
         benefit.  We do not propose," said Mitchell, "  that the work-
         people shall contribute a farthing."  But this was the period of
         Bradlaugh, and the  heroic  individuahsm  of  the member  for
         Northampton considerably had impressed itself upon co-operators.
         The very word "pension" was anathema.   And notwithstanding
         the Committee's discrimination between "pensions" and "super-
         annuation," their proposal,  too, was regarded as heretical.  It
         meant  " putting a damper on one of the grandest characteristics
         of the movement—that of self-dependence."  "  They would attach
         to the rising generation a stigma," said another delegate.  " A most
         pernicious system, pauperising in its tendency and effect," declared
         another.  At the London meeting superannuation was opposed as
         "  a stumbhng-block always to the institution of bonus, which was
         a principle of which they all approved."  In vain was the strong
         support which three prominent delegates not then members of the
         C.W.S. Committee—^Messrs. Tweddell, Goodey,^ and Elsey—lent to
         the Executive.  They could not even obtain an adjournment, for
         a majority was hostile altogether, and superannuation was ruled out,
         yet not without Mitchell hinting at a re-introduction.
            Nearly ten years passed, however, before the Committee again
         asked for power to prepare a scheme.  The old faith in every man
         looking after himself then was dechning.  Old-age pensions had been
         popularised by poHticians and methods of superannuation adopted
         by large employers.  This time, therefore, the Committee had no
         difficulty in obtaining the desired power ; and in September, 1897, the
                    •Mr. Goodey was oflf the directorate from 1885 to 1889.
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