INTRODUCTION.
37
71. This opinion, which we expressed in the
edition of this Work published upon the passing
of the Act, received striking confirmation in the
following session of parliament by the introduc
tion of a bill for the regulation of Industrial and
Provident Societies, at the instance of the Co
operative Central Board, framed on the Friendly
Societies Act of 1875, and having the avowed
and excellent object of making the law with
regard to the two classes of Societies as nearly
uniform as the essential differences between them
would allow. It is much to be desired that the
same treatment might be applied to the several
other forms of association with which the Registry
Office for Friendly Societies has to deal, such as
Building Societies, Trade Unions, Savings Banks,
and Loan Societies. The not unnatural indispo
sition of the officials and members towards any
alteration in the procedure to which they have
been accustomed for years would soon, we are
persuaded, give way to satisfaction at the prac
tical improvements that would result; and the
many excellent provisions of the Friendly Societies
Acts for protecting the rights of members would,
when understood and acted upon, greatly increase
public confidence in any institutions to which
they were applied.
72. The bill referred to passed into law as
“ The Industrial and Provident Societies Act,
1876 ” (a), and it constitutes the text of Part III.
in this volume. The main point of difference
(a) 39 & 40 Yict. c. 45.