The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1903-06-05
BELIEVE In FAIR PROFIT
NEW CONSTITUTION OF THE COAL
DEALERS ASSOCIATION.
Members Glad to Have Been Treated
So COurteOusly by the Newspapers
New Officers.

The ninth annual meeting of the Michigan
and Indiana Retail Coal Dealers Associa-
ton adjourned at the Claypool Hotel
yesterday noon and in the afternoon the
visiting dealers and operators were given
trip over the Belt line, visiting the
principal manufacturing industries and the
stockyards. Last evening they were en-
tanned by the local dealers with a
smoker and vaudeville show at the Ger
man House.
The principal business before the con-
vention yesterday morning was the adop-
ton of the new constitution and bylaws,
the principal feature of which were men,
toned in the Journal yesterday morning.
The Section that caused the most discus
sion and which was finally adopted amid
great applause follows:
I'VE believe that the lawful purpose of
all commercial transactions is gain, and
that any individual, corporation or munich
pality which distributes coal to the public
at prices which do not yield a reasonable
retail profit Except for charitable purposes
and the relief of the INDECENT poor, does
violence to sound business principles and
works an irreparable injury to those who
are engaged In the useful and honorable
calling of retailers of coal. We regard
those producers and shippers who know
irgly supply coal to such demoralizers of
trade aiders and abettors to these
nefarious results. We therefore urge the
retail dealers of every town and community
to maintain harmonious relations with each
other, to adopt scale of prices which shall
yield fair margin Of profit, and to stand
together to resist all influences which tend
to rob them of the legitimate fruits Of
their labors"
Of Walter Brooks, F. A. Hobbs and II. w.
Godfray, offered the following resolutions,
which were unanimously adopted:
RESOLUTIONS ADOPTED.
1.-The Michigan and Indiana Retail Coal
Association by resolution declares the fol-
lowing proposition:
I'VE believe that the union of the retail
coal dealers in an association for their mu-
most useful and helpful
I'VE recognize that through the influence
of this association the line between the in
terest of the wholesaler and retailer is
more clearly defined and more universally
observed and respected than ever before.
I'VE believe that the majority of the
producers of coal and their sales agents
are honestly seeking to honor and protect
the trade rights of those who assist in dis
tributing their products to the consumer.
We sincerely trust that all those not in
accord will be impressed by the resolutions
and objects to this association.
I'VE hail with profound satisfaction the
statement that has been made on the floor
of this convention by the representatives
of the wholesale trade respecting their at
titude toward the retailer and we take them
as evidence that the principles for which
we have been contending have been accept
ed and established
I'VE acknowledge deep sense of obliga-
ton to the present and past officers of the
association and members of the executive
businesslike manner in which they have
conducted the affairs of the association
have contributed so largely toward the &C
conplishment of these results.
1--WE are glad that this convention was
called at Indianapolis. and we pronounce
il the largest, most profitable and most en-
joyable convention in the history of the as
ISOLATION.
I'VE feel the deepest sense of gratitude
toward the retail coal dealers of Indian
apolis, to their efficient executive commit
tee on arrangements, to their honorable
mayor, to the Belt Railway Company and
TO the proprietors of the Claypool Hotel
for the manner in which they have pro-
vided for our comfort and entertainment
during our stay in their city.
I'VE are grateful to the newspapers of
this city for their full. fair and courteous
reports of this meeting of body of bust
ness men, who, during the turbulent and
trying times of the past winter have too
often been misjudged and misrepresented
by the public press.
1.-The sympathy of the delegates to this
convention is expressed to our expected
guest, Mr.. Thomas w. Davis, who we
hoped would be able to address US. and
we trust that the sickness which has Wis
tied his family may terminate without
serious results"
NEW OFFICERS.
The election of officers resulted as fol-
lows:
President-Robert Lake, Jackson, Mich.
Vice President-George T. Calvert, Fort
Wayne, Ind.
Treasurer-E. w. Staebler. Ann Arbor.
Mich.
Secretary-James T. Eaman. Detroit,
Mich.
Executive Board-J. w. Ryder, Kalama-
zoo. Mich: d. NJ. Baker, Adrian, Mich
John Hurley, Detroit, Mich; Michael
Steinhauer, Indianapolis; George II. Krud-
op, Fort Wayne. Ind; j. w. Landrum,
Terra Haufa- Ind.