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The co-operative movement in Russia; its history, significance and character . !K) ro-OPi;KATioN in iinssiA. SilHria liokls lo-f) jr-v cent : the South West, 8-7 {icvcent ; the \^olga regions, 7-4 per cent ; the North, 4 percent ; the West, 2-8 ])er cent. The mam object of the hunk is to supply the Iviissianco-operative societies witli credit within the limits oftheir needs, in a convenient form and on easy terms. The Moscow Narodny Bank started u]ion its careeron the !)th May. 1912. in small apartments in theMiasnitzka\a JStr., at Moscow. The public in general,and capitalists in ])aiticular,
The co-operative movement in Russia; its history, significance and character . !K) ro-OPi;KATioN in iinssiA. SilHria liokls lo-f) jr-v cent : the South West, 8-7 {icvcent ; the \^olga regions, 7-4 per cent ; the North, 4 percent ; the West, 2-8 ])er cent. The mam object of the hunk is to supply the Iviissianco-operative societies witli credit within the limits oftheir needs, in a convenient form and on easy terms. The Moscow Narodny Bank started u]ion its careeron the !)th May. 1912. in small apartments in theMiasnitzka\a JStr., at Moscow. The public in general,and capitalists in ])aiticular, were very sceptical, andpredicted the speedy collapse of the whole affair. Thesubsequent experience of the bank had, however, provedthat co-operation is a real power, and can achieve wonders. Already in the first year of the existence of the bankthe demand for credit was enormous in spite of the highrate charged. The bank had gained valuable exj)erienee,and elaborated a certain scheme of advancing credit. First of all the bank declined to have active businessrelations with
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Keywords: ., bo, bookcentury1900, bookdecade1910, bookidcooperativemovem00bubn