A study in democracy: being an account of the rise and progress of industrial co-operation in Bristol . 1 a^^ 1 1 I ) ROAM \N( II, INDUSTRIAL CO-OPERATION IN BRISTOL. 207 CHAPTER XVI. THE balance sheet now presented completes the history ofthe Society for the first five years. They have been yearsof anxiety and struggle; there have been times when theboldest have felt qualms of fear, and the most hopefulhave had their faith severely tested. But this time has passedaway; the trials have proved the inherent strength of theprinciple, and we can well believe that a Society which h
A study in democracy: being an account of the rise and progress of industrial co-operation in Bristol . 1 a^^ 1 1 I ) ROAM \N( II, INDUSTRIAL CO-OPERATION IN BRISTOL. 207 CHAPTER XVI. THE balance sheet now presented completes the history ofthe Society for the first five years. They have been yearsof anxiety and struggle; there have been times when theboldest have felt qualms of fear, and the most hopefulhave had their faith severely tested. But this time has passedaway; the trials have proved the inherent strength of theprinciple, and we can well believe that a Society which has safelypassed through such vicissitudes has a glorious future before day of small things has gone; our motto for the future mustbe Consolidation and Extension. Bristol offers a grand field forCo-operation, and loyalty on the part of the members, combinedwith efficiency in the management, will secure magnificent results. Thus, in December, 1889, in somewhat optimisticstrain, the Society faced a period of doubt and difficulty. Trade did not boom ; new members came but slowly;the finances wer
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