The Socialism of to-day

Bibliographic data

Monograph

Identifikator:: 835096955

URN:: urn:nbn:de:zbw-retromon-28834

Document type:: Monograph

Author:: Laveleye, Émile de

Title:: The Socialism of to-day

Place of publication:: London

Publisher:: Field & Tuer

Year of publication:: 1884

Scope:: 1 Online-Ressource (XLIV, 331 S.)

Collection:: Economics Books

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FERDINAND LASSALLE. 73 still existed* The partisans of co-operation also recognized that, in order to succeed, their system must develop itself with out State aid “ The subsidies of the State,” said Citizen Nicaise, “ were disastrous to the associations which accepted them. Their failure has demonstrated that the system of sub sidies is bad, and that only the energy and perseverance of the associates, depending upon themselves alone, can solve the problem. Money one has not earned slips easily through the fingers ; one takes it less into account than that which, saved out of necessary expenses, represents privations endured in order to make up the contribution to the society.” Careless ness in the preservation of borrowed money is not the only cause of the shipwreck of all subsidized societies ; there is another and a still more serious one. In order to manage capital well and make the best use of it, there is wanted, in the first place, the same qualities of order and economy as for its creation, and others in addition more rare and more difficult to practise. He who has been unable to amass capital out of his savings will be still less able to keep it and turn it to account. It is precisely by exerting themselves to collect the capital that the associates will acquire the commercial experience indispensable to their success. It is not by lending money to those whom it wants to help that the State can instil into them the ability to use it advan tageously, in the midst of the numberless difficulties of the industrial struggle. Thus, then, facts interpreted by their * These facts, especially as they were stated by working men, are so instructive, that it is worth while reproducing them in detail. In 1848 the Constituent Assembly voted, in July, that is after the revolution of June, a ^Dsidy of three millions of francs in order to encourage the formation of working men’s associations. Six hundred applications, half coming from aris alone, were made to the commission entrusted with the distribution '^^'ch only fifty-six were accepted. In Paris, thirty associa- in n ‘'^®"‘y-seven of which were composed of working men, comprising of fh f.H ^ociates, received 890,500 francs. Within six months: three re«i^ associations failed ; and of the 434 associates, seventy-four In I I ’ fifteen were excluded, and there were eleven changes of managers. twJ“^’ u ^^hteen associations had ceased to exist. One year later, be^n vanished. In 1865 four were still extant, and had that successful. In 1875 there was but a single one left, sen, 9 file-cutters, which, as Citizen Finance remarked, was unrepre- »cnied at the congress.

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