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COOPERATIVES: Back to Capitalism

As ill-starred a social project as ever drew howls from anti-New Deal columnists is Jersey Homesteads, a settlement of 200 flat-roofed, garage-like homes halfway between New York and Philadelphia and hard by the Revolutionary battlefield of Monmouth.* Designed for Manhattan garment workers, 120 of whom paid in $500 each for participation in a cooperative garment factory on the grounds, Jersey Homesteads was thoroughly snarled in Government red tape. Some $4,000,000 went into purchase of the land (1,275 acres), building of a factory and homes, equipping a communal farm. Thousands of dollars went out the window when Resettlement Administration officials...

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DAVID CAMERON, British Prime Minister, on England's soccer manager, Fabio Capello, who resigned after challenging the FA's decision to strip John Terry of the captaincy; Terry denies a charge of racially abusing QPR's Anton Ferdinand
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