William King
Although Owen inspired the co-operative movement, others – such as Dr William King (1786–1865) – took his ideas and made them more workable and practical. King believed in starting small, and realized that the working classes would need to set up co-operatives for themselves, so he saw his role as one of instruction. He founded a monthly periodical called The Co-operator, the first edition of which appeared on 1 May 1828. This gave a mixture of co-operative philosophy and practical advice about running a shop using cooperative principles. King advised people not to cut themselves off from society, but rather to form a society within a society, and to start with a shop because, "We must go to a shop every day to buy food and necessaries - why then should we not go to our own shop?" He proposed sensible rules, such as having a weekly account audit, having 3 trustees, and not having meetings in pubs (to avoid the temptation of drinking profits).
Read more about this topic: History Of The Cooperative Movement
Famous quotes containing the word king:
“This was the merriest old man that we had ever seen, and one of the best preserved. His style of conversation was coarse and plain enough to have suited Rabelais. He would have made a good Panurge. Or rather he was a sober Silenus, and we were the boys Chromis and Mnasilus, who listened to his story.... There was a strange mingling of past and present in his conversation, for he had lived under King George, and might have remembered when Napoleon and the moderns generally were born.”
—Henry David Thoreau (1817–1862)