ABSTRACT

Ireland is the pioneer in the United Kingdom in Agricultural Co-operation, and the story of its growth there is beginning to be well known. While the agricultural societies and the Wholesale do something towards supplying the members with what they have to buy, the Irish Co-operative Agency endeavours to fulfil the not less necessary, but far more difficult, function of helping members to dispose of what they have to sell. The Irish banks have been formed upon the well-known model of the Raiffeisen banks in Germany, with unlimited liability of the members who borrow on the joint responsibility of all, and lend again among themselves at a slightly higher rate of interest. In spite of the comparative commercial insignificance of these attempts, it has been admitted by the Committee of the Irish Agricultural Organization Society that no branch of its work is more important.