The Fargo forum and daily republican. [volume] (Fargo, N.D.) 1894-1957, 1910-04-14
NJ ADOW TALKS TO
FARGO CREDIT men
PRESIDENT OF NATIONAL CRED
1T MEMS ASSOCIATION URGES
LOCAL MEN TO WORK FOR A
LARGER MEMBERSHIP - SAYS
sWINDLING is ON INCREASE.

The Fargo Credit Mems association
had for its guest last night the ma
tional president, F. H Meadow, Of
Chicago and Fred R. Salisbury of Min
neapolis. This was the regular meet
ing of the local organization and there
was good attendance. The meeting
was held in the commercial club rooms
and the distinguished visitor arrived
over the Great Northern shortly before
z o'clock, the train being a few min
utes late. A banquet was rendered
the national president and the other
guests and a nice repast was served
by the Pirie company in the banquet
hall OF the club, there being seventy
plates. The tables were nicely dec
Grated with palms ana carnations.
After the different course had been
thoroughly discussed Nelson A. Bur
dick Of the local organization in a
neat address welcomed the visitors and
introduced Mr.. Meadow, who delivered
most interesting address which was
listened to most attentively He said
in part:
"In talking of the credit system T.
have rather difficult problem, for no
one can better handle such a matter
than those who are living in the com
nlunity You have a new country com
paratively and you have but one pay
day year which is virtually every
day in the year. The are matters
that come up each day that may
change the appearance of the things
OF the next day. For instance there
are the crop failures, always dreaded
by the credit men as well as the farm
ers.'
Urges Big Membership.
Mr.. Meadow talke1 of the great sue
cess of the association from the first
and said that the future success de-
pended entirely upon the members
themselves and he made a strong plea
Tor more members. Membership de-
ponds upon two things. quality of the
men and the size of your organization
Success depends upon enthusiasm, for
without that, failure is sure to follow.
IL we do our work with enthusiasm it
means growth and development.
a man will get a benefit in anything
ne undertakes by just the amount of
energy and enthusiasm he puts into II
The benefit may not come in dollars
and cents SO that he can see it. but il
will come indirectly If not directly inst
as sure as the sun shines.
He said that Speaker Cannon spoke
OF the credit mems association as be-
tng the strongest financial organization
an the world. He believed in large
membership and said that statistics
showed that there were 125,00O men or
nrms who subscribe to some mercan-
tile agency, but that the organized
credit mems association had a mem
bership at the present time of about
$4,000 and he said that this number
could be doubled in year by hard
work.
He stated that all over the country
credit men had banded together and
he believed that in time an immense
rund would be created which would
be used for the prosecution of the
fraudulent debtor. He endorsed the
Idea OF D. L. Sawyer, one of the prom
tnent members to raise 81, 00O, 900 as a
fund for such fund was made gem
orally public it would deter many a
debtor from trying to commit fraud.
swindlins Not on Increase.
He said that he did not believe that
swindling was on the increase, but that
the light or publicity had been thrown
on attempts to defrsud, so that now
the entire country knew of such
attempts while in former years only a
handful would get the information. He
believed in publicity in -uch cases. He
believed that not only the national hut
that the local association should have
Such fund, and he stated that the
general fund question would be taken
MP at the next national convention to
be held at New Orleans.
In speaking on the aubject he said:
eThe sales laws in three ourths OF the
states have made 1T practically inpos
sible for one who has obtained nos /
session OF stock OF goods through
fraudulent bankruptcy proceedings or
other wrongful means to dispose Of
At openly. Now they dispose Of the
goods secretly, often denying the
shrewdest investigations and thwart- /