History of the United Co-operative Baking Society Ltd. : $b A fifty years' record 1869–1919Reid, William
History
History of the United Co-operative Baking Society Ltd. : $b A fifty years' record 1869–1919
Reid, William
United Co-operative Baking Society, Ltd., Glasgow
The most recent addition to the Society’s premises was not completed any
too soon. The membership by this time consisted of 51 societies,
although several of these, including the Paisley and Johnstone
societies, were customers for biscuits only. The trade being done
amounted to over 1,200 sacks per week, or 15,700 a quarter, while about
450 sacks were being turned into biscuits in the quarter, and over 360
sacks of oatmeal into oatcakes. The progress which was being made in
those two departments was remarkably rapid, and must have been most
encouraging to the directors, and the general progress made showed that
only a very short time was likely to elapse ere still another extension
would be called for.
CHAPTER X.
FURTHER DEVELOPMENTS.
BONUS INVESTMENT SOCIETY FORMED—AN INSURANCE FUND—ADVERTISING THE
SOCIETY’S PRODUCTS—PURVEY DEPARTMENT AND TEAROOMS—FEEDING THE
HUNGRY—A WORK’S FIRE BRIGADE—CONTINUOUS GROWTH—DELIVERY
DIFFICULTIES—ELECTION OF MR JAMES BAIN.
It is to the late Mr Peter Glasse that the honour of suggesting the
formation of the U.C.B.S. Bonus Investment Society belongs. Probably the
idea would have occurred to someone else sooner or later, but Mr Glasse
is entitled to the honour which is given to all pioneers. It was at the
meetings of the sub-committee, held during December 1887, that Mr Glasse
first brought up the subject, and at the committee meeting which was
held on 17th December of that year the question of doing something to
induce the employees to capitalise their “bonus” in the Society, instead
of withdrawing it each quarter, was considered. It was left at that time
in the hands of the committee to consult with the employees on the
subject, but for some time the sub-committee were too busily employed on
other matters connected with the Society to do anything, and it was not
until nearly four years had elapsed that anything practical was done.
The question was again raised by Mr Glasse, who moved a resolution,
which was unanimously agreed to by the committee, expressing the opinion
that the large sums of money which had been paid by the Society in the
form of “bonus” had not been the means of helping forward the true
principles of Co-operative “profit sharing,” and agreeing that a
committee of three be appointed from the board to meet with the
employees, with the object of arranging a more satisfactory system.
Messrs M‘Culloch, Glasse, and M‘Intosh were appointed to carry the
proposal through.
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