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 “ Profit- 
sharing 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 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.”