22 JANUARY 1921, Page 23

The Labour Co-partnership Association, at 9 Bloomsbury Square, has issued

a Report of the London Co-partnership Congress held last October (2s. 6d. net). It is well worth reading, especially for the accounts of actual experiments in co-partnership which are being successfully worked, and for the speeches by Sir George Gibb and others on the application of the principle to railway management. Several speakers emphasized the fact that if the profits of the employing classes were to be still further reduced by taxation and State control, the working classes must learn to save part of their high wages, otherwise the accumulation of capital necessary for our indus- tries would cease.