ABSTRACT
It is claimed for Co-Partnership that by adopting Co-Partnership a recognition is made of this great fact, that justice demands for each of US equal rights in the products of our labour. The Board of Trade Report stated that there must be a previous agreement, that the share of the profits must be fixed beforehand, and Co-Partnership was defined as an extension of Profit-Sharing whereby the employee gained, in some degree, the rights and responsibilities of the shareholder. Whole volumes have been written, and eloquent speeches have been delivered, on the subject of the rights of Labour to share in the profits. Therefore, Co-Partnership, rightly constituted, must of necessity bring the employee into close contact with Capital in Loss-Sharing as well as in Profit-Sharing, which would lift both Management and Labour into the stimulating, developing, and elevating heights of profit-earner and profit-sharer in addition to that of the salary or wage-drawer.
