Shoshone journal. [volume] (Shoshone, Idaho) 1884-1931, 1909-01-22

gether and concluded to send a com.
:. miftee 10 Chicago. They asked me
I as president OF the National. TO al
point committee to 20 with them
for the purpose OF making inyestfga-
ton as to the fitness OF tina, civ Tor
the location OF great National wool
Storage Warehouse. After making
this Investigation, and consulting the
business. banking and railroad inter
este o< Chicago. IL was deemed adj
visible to call together the executive
committee OF the National Wool
Growers Association a. as early a
Date as possible. TOR consultation
Tnis did. and after q thorough con
suisatior 81 the matter it was
deemed advisable 10 call a further
meeting and invite large number
Of the wool growers from the differ
ent western states TO meet al SAT-
Lake city The result vas that about
a hundred sheep men gathered ar
that time and the matter was thor
onghly discussed In all its phases.
The wool growers present at this
nesting represented about fourteen
millions pounds OF wool n was
unanimously voted that sub-com-
mittee OF the National be appointed
70 be assisted by cne committeeman
from each OF the several state asso-
cations 70 investigate market condi-
lions In eastern cities and select a
site for warehouse in which not less
than % 100000 pounds OF wool
could be collected ANNUALLY. This
committee spent several weeks in
making a most careful investigation
and then selected Chicago as the city
best situated Meetings were held
with the bankers and business men
y Chicago. Who pledged themselves
q assist the growers in every pos
nDle uay in carrying out its plan.
The Chicago Association OF Com
nerce. composed of 3 900 leading
business men, interested Itself and :
llso pledged It's support TO the move
aent The banks agreed TO make
oans on the WOO! stored in the ware
ouse a the current rate OF interest. \
N agreement Was reached between
be Chicago business men and this
ommlttee providing for tae organiza-
On Of the National Wool Warehouse r
nd Storage company with a capital
s4ov,00O.00, the Chicago business "
zen TO invest S150,OO0.0O and the d
rowers s250.000.O0. A warehouse al
} be built In that city and the grow n,
= 10 pledge themselves to deliver
this warehouse not less than 25.- &c
10000 pounds Of wool annually for th
rec years al
This, In brief, is the plan. Com III
ittees have explained the same TO ;,
G growers throughout the western ~
untry, Tor while the central stOr- Sf
e and market movement Is national tel
It's character, II was realized that e,e
fully two-thirds OF the wool pro-
ICED In the United States Is grown pu
few states west OF the Missouri In
'er IL must be in these states that tn,
E first missionary work must be mf
ne to secure. in the limited time
owed the committee, the full chi
Ionnt OF wool required to be
dyed
Meetings have been held in Wyom-
:, Montana. Utah, Idaho and Ore
b, five OF the largest wool growing r.
ties, and large share OF the re-
red amount of wool has been Sc no.
ed ing
We believe that this Chicago mar woi
and storage company. controlled ,.;a,
the wool growers and differed =
them, offers to the sheep men oaH
only satisfactory avenue Inv
ough which TO market their wool,
dt9t assures tHem OF the Nigh t1OI
possible price for their product. Irrl
Desiring to give all wool growers Phi.
opportunity TO Join this movement fort
take this means OF advising you resi-
'rief Of the plan, and respectfully cola
tie you to participate. the
he commission firms OF the east TO {
e already sent their men to these side
tern states where this movement mad
been started and have been doing loss
ything possible to discourage the prev
J growers from Joining this move size
I. They are offering good prices beer
wool regardless of the tariff sion
ement nov under way In con- upor
$: supp
his Is certainly something I'M prey
i for them TO do and IS only the are
2 reason why We should get to- evan
er and stick together was
iere are about six or seven firms know
re city of Boston that today con coIat
more than seventy-five per cent to l.
\ the wool of the United States does
they dictate the prices to the ltion
growers regardless of market losse
itions. They see In this move suits
an OPPOSITION which. II once of OF
ed, will throttle their profits clear
a chance for the wool grower lorchs
irn this branch OF their business and
10 retain for themselves a large DDS I
On OF the rich narvests which BIZ
commission men have reaped Wyor
0 long. Engi,
Econst