﻿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
meaning1 which in this Report is attached to the terms “ Profit-
sharing1” and “Co-partnership.”

What is meant by “ Profit-sharing.’’

The definition of Profit-sharing1 adopted in this Report is in
the main identical with that formulated by the International
Co-operative Congress of 1897.

At the meeting1 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 Con-
gress held in the succeeding year at Delft. The report of this
Committee, which was adopted in its entirety by the Delft Con-
gress, 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.”