The daily journal. (Salem, Or.) 1899-1903, 1899-12-22

~~N'VSo. itc was lOaucd 10 the muIHlc
with enthusiasm and earnest determi-
nation and 1t is easy TO see that he is
IN this movement all over and intends
to make u a successes.
Hereviewei the situation and pointed
the way to better things in lorcihle
terms. Tie seemed TO realize that the
present situation OF the hop industry
is only part OF the great movement in
every liue, by which the small dealer
Is being ground down and frozen out.
that the big fellows may stem in and
control the whole business. lie said
that the hop industry was az stake Ii
we must sell our hops at the prices Of
lered by the short sellers, the small
growers will have TO 20 out. The in.
dustry would then be turned over ia
the big syndicate growers. Then what
would the brewer have TO pay? The
brewer realizes the situation. aud IL the
growers can knock out the short seller,
pulverize and utterly annihilate him.
they will hc as popular with the brew
ers and legitimates dealers as Chapla n
Gilbert was with the Second Oregon
after he punched the lieutenants head.
The speaker drew q sharp distinction
between the legitimate dealers and the
short sellers and the latter came IN for
severe indictment at his hands. In
every other business. the commission
merchant is naturally an agent Of the
producer, to get as good price as posi-.
bic for the product. They have no right
to form combinations tn break down the
market.
Short sellers had gone through the
East and contracted hops at l5 aud 10
ccnts-.laier down 10 . cents. They have
offered TO deliver In New York ns low as
cents. This Kills the market for the
grower and the legitimate dealer.
There was market this year In this
country for 2i0,OOO In $4,000 bales.
This demand was already supplied ly
the short sellers.
We used 10 read In orr political ccon
omy that supply and dem Ind fixed
prices, but in this cass the iort sellers
had set the price before the crop was
made. What did supply aud demand
have In do with this2
The association can sell its hons, iur
the people over there want them aud
must have them. In spite of the sur.
plus IN the English crop there isA de.
! nand there for 10 to 50 thousand halcs
nj American hops
II the market here were liked M Il
wuuh not be- Ianicky, dealers here
would buy 10000 bales for export.
Mr.. Jones gave some instances VI
smOoih work by short sellers, and
urged growers to put their hops together.
The bankers and business men will
all help, because they want the
grower to get good price Tor his
product; want moro money brought
Into the state, making every body pros.
porous.
Told how the California raisin grow.
ers, when on the verge NJ bankruptcy,
redeemed iheil industry, placed Il on
its feet and made il again profitable, by
organization.
lie emphasized the fact there Ia no
politics in this movement. The Repuh
lic,n, Democrat aud l'opulist can all
work together. II isa business prOpo.
sition, and M combination IL The order
of the day, the hopgrowcr- ha,e the
choice 0l combining or bDing individually
iorced out Of the business.
Til Ford was greeted by round OF ap.
plauee when he came forward Ia address
the assemblage. lie spoke but q few
minutes but made some telling points.
DR.. Hill told the audience that Henry
Weinhart says he would rather pay 20
cents for hons than TO see thom going
at 10 cents, also that from to ~
pounds Of hops are used "a the barrel
oi beer and no substitutes ARE used 40
long AS hops are less than ~ cents per
pound.
Many questions were asked and an-
swered. Among then, was one touching
the hops on which private lanr have
been made. These are assigned 10 the
association subject Va the loan, and the
lender gets his money hrrt. ln fact
the lender il benefited by the increase
in the value VI hia security through the
operation Ol.the association
Touching the question ol storage II
was stated that a number uf warehouse.
men at different points had offered free
storage. out NJ friendliness 10 the as'
sOciAtion aud desireto see II succeed.
Ths question OF grading aroused con-
siderable discussion, the proposition
being that the hops would not be aradesi
until sold, ~ that was The only grading
that wOuld really cut any figure Prosl.
dent Jones eat on this discussion la a
happy manner by shouting Lets not
waste any morr time talking about
grading; turn In your hops.
A committee oi ten wgs appointed t0
confer with the bankers on ths general
proposition Oi financing the association.
Then the committee WAS madr pefman-
ent and President NJ, l.. Jones was
added thereto. The membership II ~
follows;
=. y. Dunn NJ Eugene W a. liuig,
of Sherwood, !. q, Cartwright 0i har.
risbnrg, N. q. Hausnian. oi Rrownsyille,
n. Bryant, Of Albany, j. u. stump, 0l
suyer, u. u. Taylor, oi Independence, ..
feller, oi Butteyille. GeOrge Thompson, /,
Of McMinnyillc, and = w llawley, oi
Monmouth.
The evening session Of the boarl ~
directors was piOtraried until nearly
midnight. aud the plans II procedure
Ver di-ussssl and the terhnralitieu
worked uui.
A number ui members were assigned
10 the duty oi canyassing their resIec'
tive seciions and laying the matter To-
fore ryery bop gfnNer.
The gsnllemcu uamrl were na follows;
Byron Grim, Aurora Gco. b liOyeu'
don, llnbnrd. ~. = PumeruY N"pl'
burn; Wm. seOllard. tcnais W u
fgan. Bmoks; q. y. j0nes, Nhenilaud :
" o. Young, Sherwood jas W'n'
M H. TE5