The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1906-03-09

Fourteen delegates from the Mime
sofa Farmers exchange this afternoon
are comforting with the officers Of the
Minneapolis Chamber of Commerce in
an earnest effort to gain representation
for the exchange in the Minneapolis
wheat pit. At the Richmond hall the
other members Of the exchange are in
convention awaiting eagerly the re-
turn of the committee and it's report.
Once before the Minnesota Farmers
exchange sought admission to the cham
Der. This was denied for several rea-
sons, particularly on account of the
character of the exchange. There was
no precedent, for the organization OF
farmers is unique. But the exchange
is anxious to secure representation, and
today, the convention continues in ses-
make any reasonable changes~that may
be. demanded before it can be accorded
privileges on Change.
George Murray Of .Sherbrook, N. D.,
chairman of the convention, heads the
delegation from the exchange. J. P.
Coats, j. H. Schneider, T. G. Tellar, L..
K. Meyers, O. J. Major, j. w. Stark,
Val Brant, William Shultz, G.. E. Case,
Conrad Kornmann, H. G. Block, F. c..
Volk and NJ. S. Blair are the other mem
bers Of the committee.
The Basis for Ballots.
Practically the entire session today
was taken up with discussion of the
question whether voting for the board
| Of directors should be regulated by
shares or membership. Declaring that
the exchange could be financed more
| rapidly with a vote allowed for each
share of stock, the advocates of the
one-vote-fo share proposal ven
| f1,rn ,>1~
the. great cooperative problem of the
exchange. They pointed to the need of
more funds to carry out the extensive
plans. But the foes Of this action were
also present in number and capable of
hurting strong objections at the plan.
They opposed the proposition on the
ground that it would give to the rich,
control of the association and prosti-
tute its high purpose. At noon the ar
gument was still raging and was taken
up again when the meeting convened
after luncheon.
Look at Ashland Harbor.
Today a committee from the ex
change is at Ashland, Wis, Investigate
ing the terminal possibilities there, as
a result of the tender yesterday by the
! mayor of Ashland of cooperation in the
plans of the organization to erect q
! huge terminal station to market the
products of it's members Senator G.
A. Lamoreau of Ashland declared today
that he had pledges Of concurrence in
the plan to locate the terminal there
from sufficient number of members OF
the exchange to make his city practi
cally certain Of receiving the big insti
tuition. e., .,...4 = a. ..'.E@ner
Yesterday four new directors were
elected for three-year terms, making
the board Of directors as follows. o
G. Major, M. s. Blair, William Shultz
L. K. Meyers, J. P. Brown, F. l.. Volk
II. G. Block and J. Kornmann. The di
rectors elect the officers and practically
control the exchange.
Boom for Membership.
S. H. Greeley of Chicago entertained
the convention with an interesting AM
instructive paper of ''The Friends ant
Enemies of Grain Values; a History o:
the Market' Much wholesome advice
and some valuable facts were impaired
Today the American Co-operativ
! Journal of Omaha, Neb., undertook tn
almost herculean task of bringing l,00'
members to the next annual conven
ton of the exchange, which will b.
held in Minneapolis next year. 4
; campaign to increase membership vii
be begun at once by this publication
and the result will be large conven
ton for Minneapolis.