“Formidable difficulties in the path of cooperative schemes are. . .”

“Formidable difficulties in the path of cooperative schemes are, the equitable division of the profits, and the fact that, while workmen are always ready to share the profits, they are neither able nor willing to share the losses.

Further than this, in many cases, it is neither right nor just that they should share either in the profits or the losses, since these may be due in great part to causes entirely beyond their influence or control, and to which they do not contribute.”

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“Formidable difficulties in the path of cooperative schemes are. . .”

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