Publisher's Synopsis
Excerpt from Twenty-Eight Years of Co-Partnership at Guise: Being the Second Edition of "Twenty Years of Co-Partnership at Guise"
Given the raw material, the requisites of produc tion are labour, capital, ability - ability being the wise direction Of labour and capital. The central idea of co-partnership is that capital and labour and ability should cordially work together, should each be duly recognised, and fairly rewarded.
Mr. Holyoake, to whom we owe so much, suggests that the proper relation between labour and capital is that labour should be the holder and hirer of capital.
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