Word: syndicateer
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Dates: during 1940-1949
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...debt-ridden fishermen, fed up to their sou'westers, started a cooperative: Syndicat des Pêcheurs de Grande Rivière. They bought their gear wholesale, sold their fish cooperatively, ended the year with $3,276 surplus or $109 apiece. By last year the co-op had 90 members and earned $39,984 surplus, better than $400 a man. A draft, now figured at 224 lbs., fetched $12. Wartime prices for cod had helped, but the big saving had been in fishing costs. In World War I, when prices generally were even higher, a draft fetched only...