REPORT
ON
PROFIT-SHARING  AND  LABOUR
CO-PARTNERSHIP
IN  THE  UNITED  KINGDOM.

I.—SCOPE  OF  INQUIRY.
It  will  be  convenient,  at  tlie  outset,  to  state  in  precise  terms  tlie
meaning 1  which  in  this  Report  is  attached  to  the  terms  “  Profitsharing
 1 ”  and  “Co-partnership.”

What  is  meant  by  “  Profit-sharing.’’
The  definition  of  Profit-sharing 1  adopted  in  this  Report  is  in
the  main  identical  with  that  formulated  by  the  International
Co-operative  Congress  of  1897.
At  the  meeting 1  of  the  International  Co-operative  Congress  held
m  Paris  in  1896,  the  question  of  the  exact  meaning  to  be
attached  to  the  term  “  profit-sharing  ”  was  referred  to  a  special
Committee,  which  presented  its  report  on  this  matter  to  the  Congress ­
  held  in  the  succeeding  year  at  Delft.  The  report  of  this
Committee,  which  was  adopted  in  its  entirety  by  the  Delft  Congress, ­
  stated  that  the  Committee  took  as  their  basis  ‘  ‘  the  definition
implied  in  the  first  resolution  passed  (without  opposition)  at  the
International  Congress  on  Profit-sharing  held  at  Paris  in  1889—a
meeting  attended  by  a  large  number  of  the  leading  exponents  of
the  method,  and  the  competence  of  which  is  beyond  question.”