A still further trend in the cooperative development is the extension of the movement into new lines of business. To this extent the failure of cooperative grocery stores has had a beneficial effect since it has forced groups to undertake different kinds of cooperative business. In New York City at the present time cooperatives are engaged in such diverse business as that of restaurants, cafeterias, bakeries, coal associations, pool rooms, printing establishments, meat stores and laundries. This means that the cooperatives are not following tradition but are thinking for themselves and are selecting that enterprise which will serve them most effectively. In going into these businesses where profits are greatest they are not only prospering themselves but they are performing one of their most legitimate functions, that of protecting the consumer from extortionate profits.
BIBLIOGRAPHY
Books
Bubnoff, J.V. The Cooperative Movement in Russia. 162 p. Manchester, 1917.
Faber, Harold. Cooperation in Danish Agriculture. 176 p. London, 1918.
Gebhard, Hannes. Cooperation in Finland. 190 p. London, 1916.
[[A]] Gide, Charles. Consumers' Cooperative Societies (trans. from the French). 251 p. Manchester, 1921.
[[A]] Harris, Emerson P. Cooperation, The Hope of the Consumer. 328 p. New York, Macmillan Company, 1918.
Howe, Frederick C. Denmark, A Cooperative Commonwealth. 203 p. New York, Harcourt, Brace and Company, 1921.