<

1871 July 18 Letter to Frederick J. Jackson

Title

1871 July 18 Letter to Frederick J. Jackson

Description

The Co-operative system is a simple joint-stock partnership. It has strong community trust as people view it as their own.

Type

Correspondence

Sender

David McKenzie

Recipient

Frederick J. Jackson

Date

1871 July 18

Location

Melbourne, Australia

Subject

Business Matters

Salt Lake City, U. T.
July 18. 1871.

Fredk. J. Jackson, Esqr.
117 Collins St. West,
Melbourne, Australia.

Dear Sir,

Yours to Prest. Brigham Young was received during his absence on a lengthy tour, by the undersigned, acting as corresponding secretary for him.

The Co-operative system about which you inquire, is a system of Merchandising which has been in operation here for some three years, but it is neither more nor less than a joint stock partnership of the simplest character, share's are placed at $100.00 dividends are payed semi-annually, and the only distinguishing feature about the Institution is, that the people look upon it as their own, they have implicit confidence in it, & patronize it
accordingly.

Yours with respect
D. McKenzie Sec. Prest B. Young.