The Rev J. \V. Simmonds. of Ponsonby, has sent to the Auckland Herald the fol lowing, as showing what may bo done on the Co'o[ierati\e principle, though he is not at pi <-sent at liberty to mention the name of the firm :—•• A certain firm in Auckland has just lately decided on the following plan without any pressure hav. ing been brought to bear by the workmen in their employment. Tiie workmen are to be paid lair wages as at present; the managers, who in this case are the capita lists, are to be pai l such salaries as they could easily earn in suiular employment if they wi re not carrying on business for themselves; six per cent is to be allowed ou capital; ail excels of profit over these charges is to lie divided between capital

invested in the business and the managers and workmen who carry it on. The mem* bers ol this firm have always treated their workpeople liberally, although during the last two or three years the business has not pai l interest on capital ; and now that they are making this new arrange ment, they are going so far as to ask their men to appoint a committee to con fer with themselves ». to details in the distribution of profits."

Mangatainoka School Concert.
