24 INFORMATION RELATING TO CO-OPERATION AND ASSOCIATION 



vious 3^ear. At the former date the sum overdue was Rs. 10,44,010, at the 

 latter Rs. 9,45,369. Proportionately therefore there was a sUght improve- 

 ment. 



The amount of loans granted for productive purposes was again higher 

 than in the previous year, being 19.08 lakhs of rupees while the total loans 

 amounted to 33.81 lakhs. The percentage of such total lent for productive 

 purposes was thus 56.43 as aginst 56,88 in 1914-1915. The number of 

 loans for terms of less than a year had diminushed and that of those for 

 terms of more than two 3'ears had increased. This is a sign that the so- 

 cieties begin better to understand the distinction between short and long- 

 term loans. The earlier tendency was to look upon all credit operations as 

 made for a year only but renewable in case of need. 



4. COORG. 



The number of co-operative credit societies in Coorg remained the 

 same as in 1914-1915 ; but 51 new members were enrolled, the capital 

 rose from Rs. 1,15,500 to Rs. 1,22,168 and the reserv^e fund from Rs. 23,514 

 to Rs. 28,554. Nc> loans were taken from outsiders or government, and de- 

 bentures amounting to Rs. 1,490 were redeemed. 



Although the Cattle Insurance Societies are now in the fourth year of 

 their existence the public still view them with some distrust. Briefly the 

 position is as follows : 391 head of cattle are insured ; 27 pohcies have been re- 

 deemed to the value of Rs. 278 ; the reserve fund has risen from Rs. 590 to 

 Rs. 1,030 ; and the total capital is Rs. 4,590 and is invested in the co-oper- 

 ative credit societies at 8 per cent, interest. vSonie of the co-operative 

 crecht societies have recognized that the payment of dividends to their 

 shareholders does not encourage thrift and that it would be better to use 

 this money to pay premiums for cattle insurance. It is hoped that the 

 new ruling to this effect will add new members to the cattle insurance so- 

 cieties. 



GERMANY. 



TIIK FEDERATION OF POEISTI CO-OPERATIVE SOCIETIES IN THE PROVINCEsS 

 OF POSN.\NIA AND WEST PRUSSIA IN 191^. — Statistische Korrespondenz, 24 De- 

 ceuibcr 191 5, Kerlin. Publication of the Royal Statistical Land Office (Kogl. Siatistisches 

 J^andesamt) (i). 



This federation represents all the Polish co-operative societies in Pos- 

 nania and West Prussia. The German co-operative societies in these 

 provinces have their own federations, while the sixteen Polish co-oper- 



(i) Siatistisches iiber den Vcrhaud der Ermerbs- und WirtscJiaftsgenosscnschaften der Pro- 

 vin-.en Posen und Wcstbreusscn. 



