The co-operative movement in Russia; its history, significance and character . stands to reason that the peasants do not take muchinterest in these associations, which are only regarded asa means of obtaining a loan. However, the longer the association is in existence, thestronger its educative effect upon the members. Tiittle bylittle the small circle of people who take to heart thewelfare of the grows and widens, until itembraces a large number of peasants of the same association begins to supi)ort tlio other local co-opera-tive undertakings, such as the co
The co-operative movement in Russia; its history, significance and character . stands to reason that the peasants do not take muchinterest in these associations, which are only regarded asa means of obtaining a loan. However, the longer the association is in existence, thestronger its educative effect upon the members. Tiittle bylittle the small circle of people who take to heart thewelfare of the grows and widens, until itembraces a large number of peasants of the same association begins to supi)ort tlio other local co-opera-tive undertakings, such as the consumers society,agricultural association, &o. Little by little the a,ssocia 54 (•0-t)(>N IN lUSSlA. tioii aeouniulates its own capital and begins an independentfc-operative existence, freeing itself from the tutelage ofthe State Bank. The 16,000 co-operative credit associations in Russiarepresent associations in various stages of development,from the lowest, wliich have only very slight indicationsof co-o])eration, to the very highest, which are full-blooded. (.nAiN >Tii;k of a Credit Society ix Taurida. co-operative societies, to be ranked among the mostadvanced in Europe. The most important fact aboutthese societies is that the number of those with the co-operative spirit in them is rapidly growdng, whereas thenumber of those in the low stages of development iscomparatively diminishing. CO-OPEEATION IN RTTS8IA. 55 The operations of tlie credit associations fall two heads, acceptance of deposits and advances tomembers for the purcliase of agricultural from this, almost every ussociation engages in so-called intermediary transactions. It purchases at theinstructions of its members agricultural implements,iiiachinei-y, seeds, mineral fertilisers, timber, &c. Theusual procedure in such a case i<^ for the member of theCo-operative Credit Society to place his order through thesociety and pay a certain amount as an instalment.
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Keywords: ., bo, bookcentury1900, bookdecade1910, bookidcooperativemovem00bubn
