Word: coops
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Dates: during 1940-1949
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Someone asked whether the Coop would rather hire college men. "Yes," said Mr. Cole, "a man going to Harvard or Radcliffe is as good as and probably better than the run-of-the-streets...
...meeting was apologetically called to order at 5:02 by Mr. Cole, who seems to be the ranking officer in the Coop hierarchy. Mr. Cole is a white-haired man whose kindly face was carefully mounted on a tab collar; throughout the convention he sat midway between two life-size marble statues, one of a Greek athlete and the other of a Greek solon, presumably representing the two sides to the Coop's retailing activities. His first official act was to call upon Mr. Humphreys for a rendition of the previous year's minutes...
...page five for what he confidently referred to as "some interesting facts." These included a Net Rental Income of $10,511.79, Internal Interest Charges to Merchandising Departments of $17,561,00, and something called a Demolition Expense, $37,765.95. It all added up to the fact that the Coop lost over $25,000 last year, which seemed to disturb neither Mr. Ford nor the 30 participating members...
...meeting was then opened to questions from the floor. The first query was, what percentage of Coop purchases are made by members? "Seventy-two to seventy-eight percent," answered Mr. Cole, and then, as an obiter dictum, divulged what he called "the Great Mystery of the Harvard Cooperative Society:" why some people pay a dollar to join and then buy only five cents of goods...
...high point of the afternoon came when one student demanded to know whether the Coop hired negroes. Mr. Cole became strong-voiced and frenzied. "There is no discrimination in the Harvard Cooperative Society." he proclaimed dramatically. "There won't be any! We've had negroes, we've had Chinese, we've had Indians, we've had Japs, but"--as an afterthought--"we still haven't had Malays." The student was satisfied by the answer, and the rest of the meeting came as an anti-climax...