ASSOCIATIONS OF EMPLOYERS 35 



Compensations granted for accidents differ according to whether the 

 sufferer be subject by law to compulsory insurance or otherwise. 



In the first case, the amount of compensation is equal to that 

 estabUshed by the law ; in the second, it is fixed as follows : 



(a) in case of death ; 2,500 frs. 



(b) in case of permanent total disablement, 3,000 frs. 



(c) in case of permanent partial disabilement' a percentage of 

 3,000 frs. in proportion to the loss of capacity for work. 



Compensation for temporary disablement is not fixed by the tariff, 

 but members may insure against such disablement by means of an extra 

 premium. 



{(i) Agricultural banks. — Some of the employers' associations have 

 also established agricultural banks. We may mention La Banca Coope- 

 rativa dell'Associazione Agraria Parmense, which grants loans only to its 

 members but accepts savings deposits from outsiders. 



The Bank limits its operations to agricultural credit, thus favouring 

 the return to the land of a great part of the savings made on it. It was legally 

 constituted on November 7th., 1908, as ahmited liability society with un- 

 hmited capital, issuing shares at the nominal value of 50 frs. At its start, 

 it had 196 members mth a capital of 40,750 frs. On December 31st., 

 1913, there were 1,664 rnembers with a capital in shares of 231,950 frs. and 

 a reserve fund of 47,520 frs. The deposits held amounted to 3,072,395 frs, 

 and the bills and acceptances to 1.979,861 frs. 



We must also mention the Banca delle Associazioni Agrarie di Rovigo, 

 established Novembei ist., 1911, with a fixed capital of a million frs. and a 

 paid up capital of 97,755 frs. It is open for all business ; it gives discount, 

 loans and advances, accepts bills and coupons and receives deposits, pying 

 3 % interest. 



On November 30th., 1913, its paid up capital amounted to 150,000 frs. 

 and the total business of the bank to 1,807,760 frs. 



{e) Various co-operative and mutual societies in the neighbourhood of 

 Parma. — Also in this district the propaganda of the employers' societies 

 in favour of co-operation and mutuality has had encouraging results. We 

 shall mention two characteristic institutes : 



The Fondo di Previdenza, a society of mutual aid for workmen, for the 

 grant of daily subsidies in cases of illness, maternity, involuntary unem- 

 ployment etc. Its members are of two classes, actual w; rkmen who 

 pay 10 centimes per month, and free contributors, such as, proprietors 

 and agriculturists, who each pay 5 frs. per annum. The bank has at its 

 disposal a capital of about 27,000 frs. increased, as well as by the above 

 mentioned contributions, by 10 % of the annual profits of the Co-operative 

 Agricultural Bank of Parma. During 1912, it granted about 270 subsidies, 

 amounting to a total of 6,000 frs. 



La Cooperativa Agricola per la Trebbiatura : at Fontanellato, the 

 " Agrari " have formed a co-operative society for threshing grain, with 

 shares of 50 frs. and they have been able to acquire two threshing outfits. 



