Amarillo daily news. [volume] (Amarillo, Tex.) 19??-current, 1912-05-22

doing It's duty 10 help defeat this
measure. Your directors through a
committee composed OF Two OF lts
members instructed me 10 send 10
our United States Senators aud our
Representative In congress the fol-
lowing message. We the directors
Of the Panhandle Hardware and I'm
plement association. comprising moro
than i25 retail merchants situated
over the entire Panhandle. IN special
session assembled. do earnestly petl.
ton you 10 use your utmost efforts
20 defeat any and all legislation rel.
alive 10 Parcels Post,
Insurance.
This association has never under
taken TO promulgate an insurance
mutual exchange nor has II In any
way dictated or requested any mem
Der 10 Join any mutual when the
Commercial Underwriters Of San
Antonio Texas. issued a cali for 100
per cent assessment believed II
entirely roo much 10 pay OF the In
debteducss of The concern From the
statement issued by them Do was an
.etideuf fact thar if they collected the
''utirc 100 per cent they would not
have sufficient surplus 20 carry on
tho business II their losses were with
.iu 90 per cent OF the amount oil
losses for Q months previous 20 the
lean
Hence. believed that the best wa,
to proceed would be- 10 have the mu-
iual placed iu the hands OF a receiver
and close the business up But Ia
cosultation with q lawyer in San An
tonic ! found the cost OF forcing them
into a receI,orship would ~ they so
desired bo more than the members
'of this association would give So !
called upon the management OF the
. Exchange and got him 20 agree 20
cancel any and all Of our policies a.
the long rate Therefore. recon-
mouded fo 400 our members holding
policies boo fhis mutual 20 cancel same
az the long rlf. and 0ul' thc concern
This understand has been accom-
pli-noJ Boo o. satisfactory manner II
.Ea- Doc. desire 1r ibis convention 20
recommend fh0 Twae Hardware and
Implement Association Exchange and
Mutual fo our members had the
State association accepted our offer
az utilization This not hcir. accom-
.pl.shed. however. makes o. impossible
. Tor Does fo AZ advantage of their
exchange would like for this con
.yeuiiou fo select au Insurance com
mitteo to take an matters Of insur-
aucc into hand ana develop some
plan whereby the members would de-
'riFe q benefit in the form of sound
protection At the least possible cost
onc Cent Postage.
After wears OF hard fighting the
| National one Cent Letter Postage
I Association has succeeded In having
introduced in both branches of con
eress bin providing for the carry
I ing of first class mail matter AZ the
rate of ON. cent per ounce. / will
tho proper time submit ~ the COM
mittee o1 resolutions resolution -
regard TO this proposition and will
urge its adoption on the floor of this
convention
iiunding at Officers.
Their" has been much discussion
lately by the trade papers ursius al
associations Go have their Officers
and especially those in charge OF
monies. bonded IN some first class
lreitiatc bonding company While /
have acted as your secretary ana
treasurer tor t1r past three years
and haN, 20 tho best OF my abuty
tried rD keep matters straight. Vet 90
would be- an easy matter tor one tu
mlsappropriat" these funds ana
/ d"tly sensible OF the honor YOU have
/ so conferred pom me as 10 have this
implicit confidence IN my honesty and
integrity. but ! do not want the name
. oi this association 10 ever be spoken
With any note or evidence of shame
or regret would rather sink into
complete Oblivion aud have m, re-
sources and name wiped completoly
Oft the map than 20 have the finger
Of guilt and scoru directed M this
association Therefore. before sou
elect my successor earnestly ASK
you 20 stipulatc and demand "a bon
from your secretary and treasurer
and thus you will adhere 10 the old
adaee that an ounce Of prevention
worth a pound OF cure.
Co-Opcration of Member.
while this association is 90 accord.
with the antitrust laws OF the state.
and nation. and has never instituted
nor suggested any agreements where.
by there would even be a scmblaH..
OF combination in restraint of
trade, yet the one prime purpos, of
/ this organization Is to promote
more friendly feeling among and bee
tween its members. II Is graft.
fying 10 know that this asso-
citation has accomplished a great deal
along this line Cooperation Is es-
sential in all undertakings and the
time Is near when no merchant can
eNist long without the co-operaflnn