The Evolution of People's Banks
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183.
'R. Finck, op. cit., p. 95.
gi] SCHULZE-DELITZSCH 91 tion which was now falling into disfavor because of re- peated bankruptcies. Here were societies organized under his own statute, which were adopting policies that seemed to him to make them less safe. To him they seemed to be increasing the possibility of bankruptcies within the coopera- tive movement. Discredit, especially at this time, was a serious matter. And Schulze-Delitzsch, as Counsel of the Universal Federation, was their legal... and political represen- tative. The attack was probably as inevitable as it was successful.
In this year also he introduced into the Reichstag his first bill to amend the Cooperative Law and to secure the re- forms, which seemed to be indicated as necessary by the ex- perience gained in the current business depression. This bill was referred to a committee. But the committee never reported, as the time and interest of the Reichstag were absorbed by the bill to establish the federal judiciary.^ One personal honor came to him at this time and must have been much appreciated, in part because of the time at which it came.
What to read after The Evolution of People's Banks?
You can find similar books in the "Read Also" column, or choose other free books by Schulze-Delitzsch, Hermann, 1808-1883 to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
183.
'R. Finck, op. cit., p. 95.
gi] SCHULZE-DELITZSCH 91 tion which was now falling into disfavor because of re- peated bankruptcies. Here were societies organized under his own statute, which were adopting policies that seemed to him to make them less safe. To him they seemed to be increasing the possibility of bankruptcies within the coopera- tive movement. Discredit, especially at this time, was a serious matter. And Schulze-Delitzsch, as Counsel of the Universal Federation, was their legal... and political represen- tative. The attack was probably as inevitable as it was successful.
In this year also he introduced into the Reichstag his first bill to amend the Cooperative Law and to secure the re- forms, which seemed to be indicated as necessary by the ex- perience gained in the current business depression. This bill was referred to a committee. But the committee never reported, as the time and interest of the Reichstag were absorbed by the bill to establish the federal judiciary.^ One personal honor came to him at this time and must have been much appreciated, in part because of the time at which it came.
What to read after The Evolution of People's Banks?
You can find similar books in the "Read Also" column, or choose other free books by Schulze-Delitzsch, Hermann, 1808-1883 to read onlineMoreLess
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