Word: co
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Dates: during 1900-1909
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Obviously the first question is, what is the purpose of the Harvard Co-operative Society? It was founded not to make or to distribute profits, but to reduce the cost of the necessities of Harvard students, and thereby to make it easier to come to Harvard and to finish one's course. That purpose has been well subserved; the exactions of the regular dealers long since ceased; and both they and the Society furnish good articles at low rates...
...next question is, how the management of the Co-operative enterprise has worked. It has been perhaps the most conspicuous and successful example of distributive co-operation in the United States; it has paid expenses, paid dividends, and accumulated a capital of $30,000, practically out of the subscriptions of former members, by their abnegation in accepting only a part of the annual profits. On the whole it has worked well...
...incorporation" which can avoid this plain issue. The sales now amount to about $250,000 a year; and further increase of business will involve greater responsibilities, and will not reduce the student's expenses, inasmuch as the prices of regular dealers come pretty close to those of the Co-operative, and are kept down by its existence...
...present elective directorate is by better management of the business. A letter in the CRIMSON from one of the Directors complains of "unintelligent interference in matters of administrative detail at the hands of the Board of Directors." On that point it is time to say a frank word. The Co-operative Society has twice been in danger of collapse, both times because of lack of good business management by the Superintendent. The first time, the Society was carried through by the personal credit of the then president; in the second case, the directors practically refused to take the business-like...
...persons from election by what may be called an extra-directoral party. When the change was proposed last winter, I thought it desirable, expecting that the choice of Directors would be by the Corporation. It appears now that the Corporation declines that function, presumably because it looks on the Co-operative as a kind of business different from the two Dining Halls. The attitude of the Co-operative strives a different light upon the plan unless some means can be found of filling vacancies in the trustees, by election through some representative Harvard bodies...