Sharon, Pennsylvania. These associations of iron founders, however,
might better be called association of small capitalists or
master-workmen.

During the forties, consumers' or distributive cooperation was also
given a trial. The early history of consumers' cooperation is but
fragmentary and, so far as we know, the first cooperative attempt which
had for its exclusive aim "competence to purchaser" was made in
Philadelphia early in 1829. A store was established on North Fifth
Street, which sold goods at wholesale prices to members, who paid twenty
cents a month for its privileges.

In 1831 distributive cooperation was much discussed in Boston by a "New
England Association of Farmers, Mechanics, and Other Working Men." A
half dozen cooperative attempts are mentioned in the Cooperator,
published in Utica in 1832, but only in the case of the journeymen
cordwainers of Lynn do we discover an undertaking which can with
certainty be considered as an effort to achieve distributive
cooperation. Several germs of cooperative effort are found between 1833
and 1845, but all that is known about them is that their promoters
sought to effect a saving by the purchase of goods in large quantities
which were then broken up and distributed at a slight advance above
original cost in order to meet expenses. The managers were unpaid, the
members' interest in the business was not maintained, and the stores
soon failed, or passed into the possession of private owners.

It was the depression of 1846-1849 which supplied the movement for
distributive cooperation with the needed stimulus, especially in New
England. Although the matter was discussed in New York, New Jersey,
Pennsylvania, Maryland, and even as far west as Ohio and Illinois, yet