People's Banks; a Record of Social And Economic Success

Cover People's Banks; a Record of Social And Economic Success
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. Their main strength was in the mutual confidence from mutual knowledge of each other of their members." All this useful work was put a stop to by the war of 1870, which, entered into " with a light heart," ended by leaving millions of very heavy ones, tearing associations asunder, breaking up circles and federations, and replacing union 1 y isolation. It is 9, thousand pities that the good work of these little societies was not taken up afresh when times changed for the better. But by that ti...me Frenchmen had forgotten the things that were behind, and were reaching forward to others which were before, more ambitious, and, may be, destined to become more useful.
Thus ended the early beginnings. A new day was, however, to, dawn, as M. Luzzatti's teaching sounded across the frontier. Francesco Vigano, reputed the " father " of Italian Co-operation, made an attempt to acclimatize Italian Co-operative Credit at Antibes. He had first thought of Cannes, but found the Cannes people too unsympathetic.


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