Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1901-01-04
THEIR Own INSURERS
Iowa Implement and Vehicle
Dealers Form q Mutuallnsur.
ance Company.
Committee Directed to Proceed
on Usual Plans The Binder
Question.
Harvester Companies Which Ig.
more Retail Dealers Are Sc.
verely Scored.

Des Moines, jan. 4.The dealers in
implements and vehicles in Iowa are
going in for mutual insurance among
themselves and thus there will be adj
ded one more to the long list of mutual
insurance companies doing successful
busiile in Iowa. The Iowa state as
ISOLATION has approved the plan Of the
insurance committee for formation of a
mutual insurance company for the Inn
lplement dealers. This committee, Of
which P. F. Arney, OF AIarshalltown.
was chairman, reported in favor of a
the report was adopted a resolution
was passed directing that the president
appoint a committee of which Mr.. Ar
ney should be chairman and directing
| this committee to proceed to the for
nation of mutual insurance com
Ipany and set the machinery thereof in
motion at once. The full committee
Will take charge of the work as soon
off with a very large membership, as
many of those here are ready to go into
1T at once. The headquarters of the
| The next Important thing done by the
Iowa Implement Dealers Association
| was to show a bold front gainst the
harvester makers Who have ignored the
inlenib ersa of the association and the as
ISOLATION and have been doing business
in a way not regarded by the retail
dealers as legitimate. The fight between
the harvester men and the retail deal
or 114
vester people have persisted in igroring
| the dealers and putting their own So
/ icitors in the field to take business
away from men they have appointed
as agents. They have refused to con-
slider any suggestion of a colnpr onise..
4 This eliminated in the following reso-,
tuition being passed by the associations
4 which explains the attitude of the local
dealers in the matter and indicates
4 that the fight will be fought to tn. Bit.
ter end:
Whereas The legitimate implement
dealers of the United States were the
Iehannels thru which the harvesting
companies we're able to introduce and
dispose Of the products during the ex-
detrimental stages when a Thorough
knowledge of the intricate necnanfsr1
| of the self-'binder was necessary TO
successfully sell and operate it, and
4 We're notSonly loyal to the manufacture
sers in the sale of these machines, out
a generally assisted in bringing them to
4 their present state of perfection. and
Whereas. The practice of harvest
i ing machine companies In placing the
agencies for their goods With parties
who are in no way connected With the
i implement business and of placing
Them so close together as to bring the
machines into competition with them
selves resulting in price cutting. ard
otherwise completely Ignoring the reg
ular dealer. is rapidly growing and is
resulting disasterously to the welfare
of the Legitimate retail trade, and
Whereas, The remonstrancee of
dealers associations against contin-
4 uance of present policies has not been
received in a manner WHICH indicates a
Willingness on the partof the harvest
/ ing machine companies to offer any re-
lief from existing conditions, therefore
be it
Resolved. That 1t is the sense of
this convention that the policies OF
these companies are gross violations of
well understood trade ethics and that
efforts to secure protection ait their
4 hands should be pushed vigorously un-
4 TIL crowned with success.
Also that the officers of this assoc
citation and our Representatives, in the
National Federation be and are hereby
INSTRUCTED to continue their efforts to
bring about the much needed reforms
4 and to keep our members posted on the
4 progress made and report the names of
manufacturers who show willingness
TO grant the concessions asked. and we
4 hereby pledge ourselves to render them
A all the assistance in our power
4 This matter was referred to In the
sl'annual address of President Fitzgerald.
who scored the harvester makers Sc
4 sverely for their unbusiness-l like meth
4 ofs and their treatment of the dealers
This president referred TO- the good
4 times of the past year in business and
then spoke of the trusts ard the rais-
ing of prices. He said that it was no
fault of the dealers that the price of
wood and iron had gone up so high and
causing such an increase In the price
Il of implements. Prices had been put up
i beyond the limit of sense and reason
i and the manufacturers had made many
q dealers believe that prices would go
4 still higher, so that they laid in very
llarge stocks of implements which were
A on hand when prices went down again.
He gave the twine combine a twist and
Il said THAT it was a strange state of af-
4 fairs when farmers could buy Irvine for
8 less money by the car load than deal
4 els had been able to get it for But he
insisted that it Was only when dealers
& forget that they We're merchants and
became spectators that they had sus-
4 tanned losses. The legislative commits
tee appointed last year had been unable
Ito accomplish anything with the legis-
Il lature, but he recommended that it be
continued.
The report of the secretary showed
that the membership is increasing rap
idly. 1t has been difficult at all times
3 to keep the members in the association.
Z. He cited an instance of member who
!. was very Jealous for the Organization
refusing to abide by the rules laid down
by himself, and when his attention was
called to it he withdrew from the asso-
citation The association had on hand
!. last year s5o7.s2 and during the year
collected $1,1l2.09 and now has on hand
S24S.66 The officers had had under
consideration the first year total OF
sixtyethree grievances. Last year the
number was ninety-two. or these
sixty-seven had heed adjusted salts
y factorily, eleven had been dropped and
fourteen are left over.