The Oakes times. [volume] (Oakes, N.D.) 1906-current, 1907-07-25
THE SOCIETY OF EQUITY.
Organizing the Farmers to Get Better
Prices For Wheat.

. ~ r = Z Z q
ore.nlzlns the Farmers to Get Better
Prices For Wheat.
Theo. j. Nelson of Mayville, presi-
dent of the North Dakota farmers or
ganization affiliated with the Ameri-
can Society Of Equity, says that the or
ganization will have local organizations
in every one Of the 600 North Dakota
cities and villages where grain is
marketed, before harvest. The move
ment is gaining ground rapidly, and
Mr.. Nelson thinks there is no doubt of
its success. .'a
The pledge which hundreds Of North
Dakota farmers have signed follows:
Whereas, farmers cannot expect pro-
fitable prices in glutted markets: and,
whereas, they are sure to have glutted
markets and great visible supplies as
long as they rush their produce to
market as soon as, or soon after, they
are harvested.
Therefore, in consideration Of the
facts above stated and to secure a fair
and profitable price for the 1907 crop
Of wheat, the undersigned, each for
himself alone and to help the other
farmers, enter into this agreement:
The terms Of this agreement are as
follows:
/. The American Society Of Equity,
with headquarters at indianapolis,
Indiana, has undertaken to secure
enough pledges from wheat growers to
hold their 1907 crop for a profitable
and fair price, which will not be less
than s1.o0 per bushel on basis Of the
Chicago market, to equal so per cent
of shipping wheat.
2. Therefore, therefore, agree that
I will not sell, promise to sell or con-
tract any Of my 1907 crop Of wheat
produced on the acreage set opposite
my name below, for less than $l.OO
per bushel, on the basis Of the Chicago
market before July /, 1907.
| s. Also, I further agree that if 50
per cent of the shipping wheat is not
pledged by July l, 1907, or if the price
is not $l.00 at Chicago by July l, 1907,
that this agreement shall continue and
be in force for another period Of three
months, or such shorter time when
the amount is pledged or the price is
reached.
Providing, however, that if am re-
quired to hold my crop this second
lperiod, or any part Of it, the American
Society Of Equity will advance or cause
to be advanced to me at least one-half
the market value of my wheat when
the request is made, if I need such
advance.
4. In carrying. out this agreement
the pledges may appoint a county
committee or board Of control to sup.
erintend the marketing of the wheat
of their respective counties, working
with the state and national unions Of
the American Society of Equity.
/ s. agree to report the number Of
bushels as soon as threshed and the
bushels shall be substituted for the
acreage and this agreement shall be
binding for the bushels as it is for the
4 products of the acreage.
4 6. It lis further agreed that l4,0OO,.
600 acres or 182, 100000 bushels OF
wheat shall be considered as represent,
ing fifty per cent Of the shipping
wheat of the 1907 crop. (These figures
are deduced from the department Of
agriculture reports and are based on al
average of 13 bushels per acre.)
z. This agreement shall become
null and void after September 80, 1907
providing the price of s1.O0 per bushe
at Chicago has not been reached, o,
providing the acreage, or bushel as
above, are not pledged by that time
otherwise it is to remain in full force
and effect.