Members of the Co-operative Movement are not cheap cans of beans to be bought and sold by City slickers. The Co-ops constitute a social and economic movement clustered around distinct principles which it has recently been reviving. This largely explains why the last ill-fated bid mounted by Andrew Regan, Hambros Bank and their collaborators inside the movement left them all flat on their faces. They underestimated the Co-op's determination to fight for its survival.
That threat also helped to rally Co-op members to a degree not seen for generations. As a consequence, the Co-op is now better prepared to repel carpetbaggers and many members up and down the country would relish the fight.
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