A still further trend in the cooperative development is the extension of the movement into new lines of business. To this extent the failure of cooperative grocery stores has had a beneficial effect since it has forced groups to undertake different kinds of cooperative business. In New York City at the present time cooperatives are engaged in such diverse business as that of restaurants, cafeterias, bakeries, coal associations, pool rooms, printing establishments, meat stores and laundries. This means that the cooperatives are not following tradition but are thinking for themselves and are selecting that enterprise which will serve them most effectively. In going into these businesses where profits are greatest they are not only prospering themselves but they are performing one of their most legitimate functions, that of protecting the consumer from extortionate profits.
BIBLIOGRAPHY
Books
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[A] Gide, Charles. Consumers’
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[A] Harris, Emerson P. Cooperation, The
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Nicholson, Isa. Our Story. 80 p. Manchester, 1918.
Powell, G. Harold. Cooperation in
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Redfern, Percy. The Story of the
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Smith-Gordon and Staples. Rural Reconstruction
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[A] Sonnischsen, Albert. Consumers’
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[A] Webb, Catherine. Industrial Cooperation. 278 p. Manchester, 1917.
[A] Webb, Beatrice and Sidney. The
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[A] Woolf, Leonard. Cooperation and
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Woolf, Leonard. Socialism and Cooperation. 129 p. London, 1921.
Transactions of American Cooperative Convention.
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People’s Year Book, Annual of the
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[Footnote A: Best books on the subject.]