c$.lPtFR
II.
tlts
DElrEqOPltBim oF cg:oPERAT{rs SQqIETIBS. 14 .BERStsdAH "-:
'-*'/
In the
mrbi"uof
Bergbreh,there
yeretuo
co-operatj-vecredit
and noarketiD. f
eoeleties naoely, the
Kg"Di-Pantai
Co-opera-tive Credit u
a*d trdarketiag$ociety lrtd.
andthe Kg'
SeberangChe'
Iret
Oo*operative,Credit
alrd,ltarketiry
SoeletyLtd-
Ibe-eetablisbmsrt
of
thesetuo
soei.etise Haapartly the result of
the,
effort 'of the
ke.apoqg people theuaelv.gstn
reaponse to Ceeplyfelt
needi..irna*pa*tiy .io" to th;
*oto,i""e,ement and ass|sta$g1s gtTea,by tbe
Separtneatof
Co-operative Dervolop-nen
t.
F.
OnA
sf the
neJ9r
rsaaonsfor
foratrngthe
eo-operative socie-ties
uas"the
pl'esf1eaof
uneat.lsfactory narket{ng situationa-- '*hlchtbry
preivailediJl Bergera'b.
Befonetbe
co;-o.feratlvesoei-etiee1.ereeeta!11ghedthere,,tbefish€rmengerenot
getting falr
ptriceiof ,tbeir flsh fron the peraihe, rbo
b'ad createda
buryerr.s'nartet by foming a
nonopsoaisticrinS'
'dheb
the
flEhelmed 'f.nt d6dthelr catchr
ono nenber of 'tbe
riJeguai
eent{o
dotbe
brrylngat s price
fl.1:€d by bi-n; and the\fishe;6;o'brd
ooother
.uayto
-dispo86oi 'tnui" fi-sb.
A.g'beras
the
only'U,tyer appo{nte0,by tbo'.perai-he, heeet a price
;f
'P:rofJt. Sq
uhole bulkshi-cb pould gav€
'greater
margln c.uas thea auctici-ned
eff
sryorrgthe ne&erg of tbe ring'
"tboperai-bo
did not
bqythe fidU
byirel8bt but
bybulk'
Usua'iiy-''l
tbe f isbernen brought
lri a
verng!ry-,,o1,.f{"1,t$_j}e8e
uef's*not elaisiffed
auuondr ngto l*s
ki-ntf;"th1g
I nade "J't
dlfficrrlt
t
^for
the
figlnerm€nto caleulate tbe'prlce
p&ialto
e4cll kj'ad'.lg
,ihe.ba"tlilli:rerrissre sraLl
) eosle gPardtof,8ltlrqy-fere
in
constani needof oredlt 'for
consumption erpenditure espe-*i"ffy iut'il4-tbe nonsoon3i
ftrey 1geeded''credit too to
Corver,r
to--purehagg..'or,to repali'''tbe1r
housea;"fr;r* "ll;*F "; ';-*it ;;)the
pdrnabope,the
'1Jar'-lnen
,uho could
qive only short
t,erm loans andthe
ehopkee_pers i'ihosupplied tben
rith
provieiong oncredit.
the
pe0pleln Kg.
Dl-P.a3tai uere encouragedto
f orm aco-operadvd
of their
ownby the
sugcesaof the
ltanjong ApiFishermen r B Cd-operative
Credit
andtlarketing
Soeiety Ltd .in giving feir. price for ite.
menberstfieb
.aridin
grantingcredit at
vgry,lor rate of interest
?tbe lnltiatlve in
f or:nlrrg & co-operatlve eociety in
Kg .g1
uho Haahinself a
frshel:nanand
tberefore
he could. appreciatethe difficuttiee of
tbe*ajorlty of
(anak -buq,hr. Being.a
.abighly
reepected manin
thevillager.,,^he tras
able to
get, euf ficient
bupportof hie
plan.Altbg.:gF the .'Kg; "..
_lSPantat
Co-ope-rative $ociety
sasfor- nally' regletered
orr SOth Oetober '1'949, the-activitiee
touards- its forustlon startpd
aafar
back a^s October 1948" . Tbe rea-I
son
fsr this del4l
riasthat iit did not get eirffi.glent
numberHitb_the i
nitla"l
sbaresubscription of $11/-
to .start '*ith.
Jhe4
it
uaq . regls*ered.,it
.bada
neueleus.qf'
20_.1enbers but 'by Jung 195Orttiere
were'4O members rrbose shaiecapital
Has$1gt .5A
eentq.
Theturnover of
f 1eb market ed d.uri ngtbe
sane.. | :
period"
ias
$9r60bA
glvlng. a, net' incometo tbe society
'\,of1527"6* cents.
As
thie qociely'raa
forrnetipsi.eafily to
combatagainst
the -.- ..,rq-.., -
nonopsontgl-ii r1ng, of.
the
peraihs..QSr narket'inglhu
memberelfish di-rectlV to flantaa, it
t'aced. severeconpetition
from the peralhs tsho 'attenpted .to' reakenthe
societS'by the offer of hlgher pricea
to,.botb members aad DoDTtrersbe$s.lbe
eoeietyfound .
it
o""u""ar-5rto
enforcethe
cegrrlat j.onregarrlin*
1Ue.
sqle
of fieh
outsid,ethe soelety..
ifaraings wi€regiveu
tot*rogrp roJ'{l a"fi thei,r flsf
'outside 'and*ol9*qoent}y,
oneqember rari _ex;te}led.
,for flqin8\Bor '
.'..,'):.
,IJu,flor,tlre srryrrylg{q}. gf
.'t!a
ehatman,
the
eoelb$I nade' nsead'sani .r-t 6trstUe vi,l,lage.I
r{
a.
'n
relgarkable
progres$.
l{enb'ership increr:sed f rom 40!n
1950Bhdre
"torr,
1to $gf:/- rhile to
54ln
L952"and.the
shareeapital
increa.sectbe
turnciverof'
fi.eh marketedfor the
year nas $+5,OOO/-grving a a€t Prdfit of
*a, O15.?9"""e€ilta. Asthe
eoeiety grestthe'nonopsonietic
ring af the
peraihe no .longersetred its
purpose beeause
the society not only
helpedto
market themenberst
'fidh
but.also for
Bon-Rw6-erst, subJeetto the
deduc-tion of
10per cent
ontbo value of tbe flsb eold
as.a
eommis-sion
to thg ooclety. Ihe soelety aleo
provedto"be'a
cheaparrd easy- gource--of
credlt.
By SOth Junef951, it
had granted'\,
$4ro45A
as loans.
'The gs6ssss':of 'r,.
tbe society in gettilg fair priee f,or
mem*and
ico" tire
benefite.it
gayeto
nembers,it
earrredfor iteeH a
reiputatLon ass
nodelfor
othe:p-c)o-'pperative? r6i*tY
could' nosocleties4. Uifortunat.ely after
1'955 r. -the
S.alonger
naintai.{ i,ts reprltation
becausglthe
soei'\ffy'begansuf-
. ? -,t''' t '
f
er
beavY Et"ianela1loss.
erative
:' 1 i 'r t'
'ii6ietY
lnsPired ].ts
men-z.'. t 'Lr
flter s.riceiid
lef tbe
co-oP€rative sSo on 25th
APrll
LgriLg5?agoneral"neetlngseaheldatwblpbthe
nembers
'nanlmously agreed' to,enend tlie- eocietyss by-Iaws
: .. -
convertrng
it ints nn,rnilsrtea fiability society
soas
tgeirable
.it to
get '*" 1o"oof
$25'OOO/- fromR'I'D'A'
Qn loan- --L -.-;- i -^..f ;
.!ond iJrgtsad
of secoiity
otl ,1a4tllfhich
tbe, memberglcould not procur.€.'Fortunately;
tbe- bpplleatLonfor the
toan uas 8P.-' ^-r-.-+ ^€ *laa lnrr-l ogt
.proned
-rotn*^", rlthout
'tbe nEedfor
eny anend'mentof tbe
by-lara'
Lg51
tbe sqciety took oniy
Sl5.rOOO/- ineteadof'r
.i'-:' '"rr : r
.i il;, -':I" 'j- .", ,n ," ' r u ' "' I 'r- r*l '- 3s ;ffi
f i "leffir*r n"rsi$$qffi
's":4 ISiiHqffi :*li:.
-ilH;.::il;;i ;Sidlur :ll'
oounrsgloqerro'
oE-operatlvsI,6r61ol*st;rioe*itfgn of Xafgqe'195t.' ''. '' '.,
':': :
'- , -rt
tl l
It,
t
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hc
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'tr:() -. tsotr,l
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oil--) Fi
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OHL'r I vl
9aQv, F{giH
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Fi l.:
[-{H
fr"r
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oQ
!HFr e-i [-r r/) lllblHol Fr ln l', O
a\ !-'r . l
--t-:,
A2r rOOC/- 'ab arr in'"eleat
oiier
a'period of
1O* Yealarats of 4
Percent'Per
annunin
17 instalmenteof
$4iltl/-loan ras
eecured, onBlll of
pay
and.
i,nstplnent;
of
SZOOT-"
The Sato
repeytbe loan, the
members-sgpdedro take
new byinst&lnent,
deductlngmembe.r
per
fiehfurg da3l.nonth'.
t?Ihe ,ao*i"*.1*
bowht
five boats
(three of
pukat
tarek)1 three prrtat terek'neta,
twobu]-l and
ceri
and anAusiin
A pick1up..lthe aceept?nee
of
B.tr'.'D"A? ts loan
!0arkedthe turning ib tbe UiJtory of the soclety
for
t'5o reaaons'
'First1y,van rhielr^ ?ae
operati.g
onclase
P bsulagepernit for
tFepurpoaa
of ealryrng.tbe gocietyts iieL
beeane -the societygr6at
lncome ear:ner1qs table I ehoug.
Lbesoeiety
beea biepitfcant transpgrt
.a|perator in'tbe nuki'm'
$eeonrily'contrast to tbe earli-er
&tage.of,its hlatory., tbe
eociet$iregan .tO*,lnOel.go
beary,'finanelal lsgs
becaugeof (1) ni
nagenerrt
at'the losn
Qqd(a) lack
of'nen lj'th tbe abili
nrnage
tbe
eocLety rrltb-.lts
e4pandedactiviti-es
the;
groperties
beughtby
the. 3o-operativesociety
t{aecgg{lhs.d
rlth "t!"'
erceBttoniif
'the.notof
Y&trc .Ae athe 'gociety..'ha4 " tO -Usai Ueevy
erpenditure
on' 'repq5'rs' not less than
15 eents from each tshis would nake*4/-
Pex nemberrhich sere for
CUfanB gnects, 3
tbe lrears
Lgt55r.1956, and, \g57r. el.peadi,tuqed onrepai'rs
al. -
..' r ,
oT per. cemt,. o:aceorrrid&
.for -ia por.cent,
27por
cenu anaI
groo'b
pfoft ts reHpectlYel-gt
, .i ' -inahclal"fai Ihs tlrled flab an{ bllle
buslnees uasa r
the soclety dtd
pgt' enployregular
wgrkers uho eoulo"1'Tpe-!- - ^-. -
. '."i
iu-
fish' aurl'8.'
Isst*adr'ft
enplbyed uorkara'only
wbeubillg*lrag
broughttn.
Conslderirtfe ti"ne uao Lost'i'n Io
"4
...-.-....F g
t
f
.
"mfq.dductton. is -i6bra:i6
tPeriareban'kh;sI rhicb
-later, feanpoS.
'io"Iq
g"?tltB. 'perf,iebiqg
day' ":--
1;ZS rOOC/- 'aE.sn
{nieleet rats of
4per cent
per atlllrrrn payableover a'
period of lo*yeale in
17 lnetalmenteof
i4Utl7- a3d one irrstp,lmsffisof $eOO7-. Ttreloen
uas secured. on 8111of
Sale.To repay
tbe ]sqn, the
members.-agt6edto take
new ehareaby instnl rnent, deductlng
not leee thsn
T5 eente f rom eachmembe,r
per fiehlrg day,
Thle woul-d naket4/- per
nember eachnontb'.-?
!!e
soct"a.I.,bought five boats
(three of
pukat tarek)
I three Bulat
tarek,nsta,
tsobull
andcart
and am Austi-a A piek:up. rf,iehing
day".rrhich uere
for currng
gneils r3
. ';.,
."1
')
{i
t!,ii
(.{-^{
.:
"t
;t
LN i--\
€:'
ar:
lr
, the
acceptqaceof B"I'.D.Arte
loaln parkedthe turni*g
poinib tbe tU&tory of the soclety for tso reasong. .?irstly,
thevan rhj-ch^ ires operati
-8
gn elaeg B beulagepermit for t|e
-purpoas
of
carryl"ts.ths
aocisty |6 iieL
blcane .!he aoci€ty' s grOat lncomeearner; as
TableI shous.
Tbe societJr beca'mea
bignificant
,taatranspgrt 6perator i+
-tbg 3quki-e. $eeonrily'irl
co.ntrast t.o
tbe eaalier
atagirof ,.its
hJ.otori.,tbe
societf,. -. -r-r a^^- l-^^^..a^ a€ tf I n'
iregan tp..gndelgo
beeqy'-financlal
lo,sg beeauseof (1)
miena-na€eaert of "
the
.loan ,and(a) raak
of - menuith tbe abiu"ff
. toilIanage
the
Eoeletyfflth its
e4panded.activitieso
The; gnopertiea bqugbt
by
the,{b-operative
soci'ety nerReecgp-d-haJod
Tith
-the' exceBtton i.if .the 'nototsYatlo A" a result
rhe eociety,.bae to-Uear beaqy
eqteaititure on"repqirs'
Fbrthe years 1955r.1955.ard Lg57r elp€ndituqed
9tl repairs
alone, -. .;, .,.-: , -- _:
aceorent€d
,for
-12 per.cent ," 27por
cent 'ana67
par' cemt'of''it's
grogs
profltg reBPectigelY'. , ''
'
..':' i ,
Tlre drLed
fish
gndbtlis
buslnesg 'Haba fi-nanelal fqilure '
?be
goclety
didtpgl' jlffoq rsgqlar' rgrkere lbo
eould.:'ipeci"a11ze,,
ir fish'o*rlng.
:n"rl"an, ,rt
enpl.byeduork'r', only sheaever.
Ibiu'g*frag brougbt
1n;' ,cbneladrltre ti.ne
wa8. Loet' ln" looklngtPeriarohan'"kbag
t rbicb
i'efor wor\re before the bili's
eouldrbe soc
iety incurred not
onl.v - highbe
sent for eurin5,.
'Ihuscost but also
Producerilo''
.A
,qualitY cured
bilj-e*.,.
i
Seeausa
thero rere
no proper s*'erafuefacilit ies, the
so-ciety coulil not keen"lh" bllis for eale in"Lhe dfi-bilie
seaaon'*hen
the bllis prlce res hlgher'
'rb'uein
1954 and' 1956 thesociety
ineumeda loss of
*48,4/- and759/- respectlvely
because
tbe aoelety
hed to .d'l'gpoaeof lts bllig
stQckeven
\ihough
the
p{lcer,** loser
than'its coet prlce
dueto bilis
gLut
in
Kuantan. t,
Coneidertngthe volune of
haulage..-ancr-tbe
areaof its
Jt " / "'\'
operation, tbe societ$ boryht
a v.Anvhj.c! involved too
high runningcobts
end etandlng eharge-e-"lltbough the
tradi-ngaceougts.
for lnt ylers
1954to
Lg57r'except for
tb'e L954 andLg56
b11ls
aecount$""+ ehoved -.gfoss profite,
these'er€ fns;f-
;'icient to
covertbe
beavyoverhead. Fot tba finaneial
yearfrom
lqt
Jlrfy.Lgl, to ,Oth {nne
Lg54,tbe society
iscurreda large logs of tr
121,E,l-.For th€
aame'rperibd in' '1955'the loss
ssg -tI4O1;'.,In
1955ad
L95'1,the
loaseesuffered
byine soeiety
n€re*Lrf'n/-
.and*Sg5/- rsspeetlvely'
To reduce tbel nrnn1-ag.
coet of tbe
o."o5,the society
tJ\July
Lg57'tradsdln the.Arbtin !.lck-up, rhlcb
uassti1l
mort-gaged
tii
Rrf .D.s.r,, aad 'Uofignta
Yolkasagsn srgnfdr:uh{ch it.
-narl
to
obtai.n+4r4e4/-
?ronthe
gvergeas lsnlua4c€ goF?graticn'4, lbe
Chlne.aetorkayg
rho' operatebtllg'busLness
C'mployworkerg
ibo speeiallsg f-p-Uiiia """f"e. " -I!-an{ of !!""t"
"boata'b,rlage 13
bi}1s, i-t bolste'a filiig r|11o fsr off bt
eea;;-;isJJ[";*';"-inn"e. to
preperebotlins
ry-!9T and toEet
the bufialo-i""1
og-"Uo""ior-
carryi.ngthe
bi-11s to- tbe--
:eurlne .eheda.
'Ibid lg-to
minJ-uisetbe
uqn€e€ss.qry{"}qlr-
*hl.ch"il.ffre;,rffi. th;;;bll*y.oi pud.'bll1", &,dg!'ernined bv the
perceitagsofbroaka8e..-.'..:.'.-.,l
Ii.{r 't. ' '-i,,a, *- '-*
5,
,Ihe .o1el van,una- "urirlonger
scononicaito'nrn-
'-By puicbasingthenervq$;;hr"[.r'@r'20'errt.i'.the.-sav{ng
aloag
fr
SifO/-=Wr yCirf; ',- i .
\.':.1r.. r. : '
,-
f\e 'aer
van-ras
pledge.t'to'the latier
andthe scclltf
sas .re;quired
to
peythe Corjoration
lZSi/- per
noriih f or
sixteen msnthsplus interest of 5 per cent.
.,Thfs.trade in
tnansae-tion witbout the
pe-rmieglonof R;I;D:A,
sasirl violatipn of the
tetrus.of the
8111of
SatV:/"'...,
.
Ihus'tbe eociety
hsdtso creditore WufV,
tbe- E.I .D. A'to nhlch
J.t hadto
pay $+OO/*per
quaz*e*'endto
.the Orrereeas Assur-anceCoryoratlon iZgS/- ercludlng interest per
month.The
society
qgonfounil lt tqposslble,to
paysbout
E45A/- permouth
to itq tvo credltors.
Thereforelt
hadto defer
pay-nent
to B.I,D,I: to r&lch 1t
'bad,repald gnly
85rZAA/-of
tbe' jr t , oJo/-' }"oan -The vari beeane
the
eoeiety.ts
ecouomlc p-rop and,it
Has f ronthe
sg13{nggaf the
Yanthat thd soclety
sxpeoted,to
repay the 'Corporatlbrt.' $lnce the
psnagemdntrds
neverln the
habitof _.qptjlnir ?sLde firnd.
fgr loan
inetalmeute andflrrctber
re-.,gular
stand'ing chargec,'tbg
eOclety foqnditee$ tq
arreargof tuo
lnstg.ftsgltte tfor:'E"V_old
Ju1d Lg57?
to' makeit
roraethe aoelety
badnot
,gv"othe
nonbyfoi the
pa5rnentbf
roadtax
{ $L551- f,or5
roLtu"}
and *?27/- for lht
lnsgrarxce f ee. ' lhus thc'yan,ras'lnmoblltged for'tbree
reeksuntil
B"I.D1A. reame
to''l,te riscuE rtth a'further
fotn9. -
,Because
of laek of ror\in€t-eeipltal;*tbe society
decided ,to' "_'"1_ ' -' l'" I i
stop
aebiing in blllg.
riE'-ir"Ulnb'equipm'ents stlcb'a{'boa*"I
euring shede "and pukat fer.9for .bire to neet the
depreciation cost andrepairs::"qlt*Uese only
one,crrrlng
eUea has been !€D-ted.
fof' 'tZiA/.'", yr"q. Ihe others bare-lot
beenhlred pafly 6. Ihe
Overgeas Assura.nceCorporatlot*seit i-te final
reninderon
?tb July-il"tif the aoci'eiy.fdileil tq
pavtb9:!r9
lnstatr-"'r""i";fv'li"t Jqlgr 1t
r4ou1d rlpoaseastbc van. B.I;D"A.
belngmors conosrrred
oiredeening its debt
fromthe
eo,clgly-caneto
ite
rescue and savelt a furt*"t il"o-if
gi,ilO/--'bt-6-paF
**"t-i[ior""t-f;;
"oo,* eo'{bdf ttib soclety could
pay tbeUaflrnGito tt"
.other?redltor
snd to:'.gna'blcit to
payrgd
,tar
and.'ArnrrariCe)fee'to
rtrnthe
vaJlaCAin ' I .
-l'.t.
becsgse aofae
of
the. equipments lderenot
so sea-wortUy andpart- ly
becauseof
Personal-7
T€asoDs' -If,"'goLrrd,s
paraloxi.cal that the society
ehoulddecline
fi-nan-cia}ly after it
uasglven
loeneto
exP4ndite activities.
tbis
caro. b,g explatned.by the fact that tbe soeiety
bad becometoobig,for
one persodto
ruurit qffieiently.
Tbeadditional respoaslbilities resultlng
fronnthe
eipansion uere shouldered by1ts chsfu:nonr.,r[i
sa8 &flrat
cl.ess connunlty]eader
be-cause
of
hib" eoft-hearted,neea aud undergtand,lngof hls
'anak bu"abr,.'bgt.a third claes
manager of, guch &blg
bueiaess unj-t.Fg.
$e.beran{-Che| *et
SgcletY-;tbe
Sebcrang Chef Eo.t Co-opgrAtive Society had'"ashorter but
equa1lpr.interesting hiiltory.
Eetorethe
establisbroeritof the"Kg. Dl-Pqntal
Co-operatiYe'soclety, tb9
.fishermOnin
ieberang 6be
t lret te""
""f "o at the
&ercyof the
moBopaonisticring of tbe peralhs.
Sbeatbe
Xg. Dl-Santai-Co-opgIqi.io"
-Society uas
fomed, thi,s rlng
ueg ueakenedconsiderilbly,
andth,is .lbseeded
tbo
*Fgaof the
peoplethere
to .fom a
co-opeqa-iive of:.thslr,
osa. .. arrt.tbQ- qPccgsp-9!
trg"Di-tantai
Co-opera-tive $ociet{-Jq
provid;i1g cheaper andeasier credit
inspiredtEle
fish.rti*tbere to eetsblish
B'co-operative eocigtl'"t{t- lar to ite nelghbour.
Tb;.,moro.i-nitiatlve
menbereof
thed as obgenr
general and co'mqi:-kanpoFs . besan
to
"!!91d ?: t:"e:lr€rs
at - tbettee
neetlngsbf
.tn" ry- Dl-Pa:rtal
Colopera$1veas early
&s +Januar-1'1954',' . t"'
.-.-:*^ i*...*.'-
ihe
challn'anof thb lig. Di-pantai
co-operatlve-in'its
eiarryl -..Frr_lF
stagg. helned."to..Fgpgl1lse
tbe chet lqt
co-ope'rative Sqpj.etyuhiCb
ras establltlf"d
on 1?jh $eptenber, 1954ritb
onlSr-.5Oneror,eigl
-Uenbdrsbis-grerrto
51by
S0th*J--une''!'t'thie
*time
I
'the
gogi.ety'.stdraover
vas $55r54r/- glving a net
lacometo
theoociety of
,$89O/*.
.; r' -r--- --l
T Thle
ig
tllscussedln tletatl ln
ghaptereatltled
nPereonal. .; n
. t' .; n . .
B.elatloueblpt.
'l:'
i:\
.
.l From.then oar the society kept progressinij.
Ln l.956 there yere 69 rnenbars qn+.tbe turnover
increaseCto Fl, Ov'/- giv-
iqg
./a net profit of
*ZrOo97-Flt the turnover for
L95'l reacheda. rec o rd. f
igure of
$f OO ,7 ?O /-
gnclie*-het
inc ome t oo inc reas ed'to .iZr6Z6/-.
The membership uas72
about'17per
eentof
thetota} t$nAllaere there -
and.its
eharecapital
Haa 11, 131/-From 1954
to
1956tbsre
waaonly a little
changein the
comrni-ttee.
Th€ sana{Bement .of,"the aoclety
sas monopolisedby a
smallgroup.
' Tbe ni'nute bookof the society
sbowed .that -as thesoeiety t
e
mrinagement beceme lpore and norethe
monopoly.of
aeertain group, the co*iilttee
I F meeti4gLs bqca"meless
and Lessfre.1uent.
'tbe rtlnning of the
sc-cletyultimately
becamefanily affair
andeince the
soeiety.t" iuception both
theretary
and thetdb*ir*"o
ue:r6 ""brothers. tit
bonesty of 'soon becane
doubtful
rhenif
was fouridthat tFe
generalretary
bad embeZzledthe
society Is
mortey i.n 1955'
''' $oir
generel elect'! on aS Lg57 r' new persona
took over the
poatsof
chairman aad genqraL
.6ecretary
andthe *"tb""* of the
old'clique
fadedinto the backg:rolnd. the
discoveryof 'th6 dis-
honesty ryaa. the'?aueesof
a eodltl crisle in the
{ soeirety whichIed
to the
emergence. o-{a
neu Sroupled
by'the
pFesent hoao-rary aecretal'xr.
Tne parsCIDaaffected by the
diseovery thenresorted,
io aets of dtgloyalty
to*srrflsthe eociety by
se1lingtheir fieh. outside. after
repeated, .sarrrlngs,four:of then
sereexpelled
tn
June1958.'
goroe membersof the olq
group res-re1e!fionthe.negcom1tt6el"edbytbeotber,c1ilque8.'."
or tbe.shole, the eoclety hd, beerr-financlally
succesriful:1Fr-r
,ause tbe.
sociqtyts fftivities
sinee
ite
incePtlon" fhlb *s
Ee.cuere
linite4 to mere,narkgt*lg of fieh
and' the'proriqioo of ' creaii. ' fbere rere'rith1n
'ttrecapabllltles
9f, ong, nan'to
euper:vaee
thi,
''"o"19
iy efflclently
becauaelr :-'althoughin
theory theioclety Uia other
appointed,offieials to
shoulder the3 ec-
this
aeQ- thp,,
uf
$es
lppeadi^r'r""poosfUif
ities" of ttre eodiety, tn practiee all s3;
io
one raan .lrho Has ,tbe Eogtlnitiatlve
nnd. who couldtb-e
timg to att
end. "to th'eaoclety's affalrs
..i
t
14
pushed
s pare
f.i
a
\
r, "- 2-
..._..=-.
-'j i":: :- i"::;1'
|,I' | | | | | | | | II | |IIII I ITf-I*f |
.? 3 4 5 6 7 I I 10 lt 12 t3 14 t5
*rtnivg#.$'iiFmamy.*tIBa/rsf;.,;;.;'1..ot{'t'..c.;R|.blj.lLM.d
'41