j2 THE SUN. 



makiucr concern ? Then of course the minority would be justified in 

 formin- another pool, by dividing, and each going its way. But, if 

 there is no binding obligation, the pool will be like a flock of sheep. 

 But our obligation is internal, based upon self interest. There is n. 

 other required : where compulsion is necessary, dissolution begins. 

 But would not contracts, thus made, rest upon an insecure founda- 

 tion ? But a contract, to be binding, must be voluntarily made. 

 After we ao-ree to guarantee a minimum of custom, we are willing 

 to secure the store-keeper against all risk, in his venture on our 



^^ In turning profit into cost, what is cost ? The labor cost, first, 

 that enterino- into the raw material, next, its manufacture, last, its 

 distributionr including insdranoe, waste and expense. But this is a 

 circuitous and complicated transaction. Assuredly, but xifree the 

 natural course of supply and demand will adjust itself to the labor 

 cost But, on 'change, there are now fluctuations every mmute. 

 Yes, to artificially produce them is the life of profit, but when we 

 eet one normal exchange, the crops will determine prices. But 

 can one expect to compete with small Jewish second-hand stores 

 where the wife lives in the rear, takes boarders, tends the baby, and 

 waits on the store, without any cost ? No, we do not desire to com- 

 pete in that direction, below co^U and, when the full influence of 

 our oro-ani/.ation is felt, no one we hope NviU be compelled so to do. 

 But°is not co-operation the most delusive of words, else, how so 

 many faih.res ? The Sovereigns of Industry, started well, but 

 finally failed. But this was not owing to the fact that co-op- 

 erative principles would not work, but because they were wrongly 

 interpreted and applied. Periiaps the exponents in those move- 

 ments now see that their failure was less owing to the unwilling- 

 ness of the people to be lead, than to the imperfection in their plan 

 of organization. Such failures only emphasize the practical impor- 

 tance'' of a study of the first principles of .social and economic action. 



REVIEW. 



Now, as the Lord looked upon Creation and 'pronounced it good.' 

 let us take a parting glance at the store. Can its ™*";^g^";'«°^ 

 be abused ? Not unless a liberty has been granted without a. 

 equal responsibility. Can its custom break up ? No. for they have 

 voluntarily followed their self interest. But may they no altei the r 

 minds? Yea. and in the change of management, we have made 

 provision for growth. We do not claim to alter human nat^re^ 

 only lo have put greater inducements in its way for honesty tha. 



