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Show and as a result most of the co-operative concerns have failed. This unfortunate fact has brought cooperation co-operation into disrepute, and the people have lost confidence in a principle, which would have proven a great financial blessing had it been given a fair chance. The result is that today many enterprises which could be" taken hold of without any serious financial inconvenience to the people, on the co-operative plan, j and which would greatly increase the prosperity of its promoters and the community at large, are left untouched, un-touched, and instead of the people helping one another to develop the resources of the county, and thus helping themselves to increased wealth, they sit supinely by, waiting for some one with capital to come and do that which they could easily do themselves if they but had the necessary confidence in their own ability. This confidence in the ability of the people to do something for themseves must; be restored; it will result in in creased prosperity pros-perity for two reasons. The people peo-ple will be more independent of the money lender, and when he finds that there are fewer opportunities to loan money at a high rate of interest in-terest he will look about for some profitable and useful enterprise in which to invest his wealth, and thus add to the general prosperity of the community. Utonian . Co-operation is not popular today to-day in Utah. Our reason for that is, that as a rule, the oo-operative associations which were started here twenty-six years ago lost sight of a primaay business principle, viz: to lay aside a certain amount of their savings for the depreciation of property, bad debts, hard times and other inevitable conditions incident to business . The profits were taken from the business every six months and divided among the stockholders, |