The farmer and mechanic. [volume] (Raleigh, N.C.) 18??-19??, 1913-03-11

Gr... y VI tne cooperative
Creameries in Minnesota. MANY
otners will be present from various
parts or the country to tell their
story. ~
some start towards farmers co.
rae has already been made in
south. Among the successful south
ern enterprises of this kind are the
eastern Shore of Virginia Produce
exchange. which is a agency |
LOT marketing sweet n Irish pota- |
Toes. berries. cabbage, and onions: the
virginia Fruit Growers selling and
Agency, for the coopera-
i've selling Of apples. located AT
stanton, the birthplace of the Presi-
dent; the cooperative dairying asso-I
Grafton of Catawba county. North
Carolina; and the Farmers Coopera-
tive and Educative Society. which
runs a store in Woodford county,
Kentucky.
These enterprises will be discuss
ed at the Conference. respectively bv
A. j. McMath. Clarence W. Moomaw.
w. j. Shuford aend Frank M. Nc
kee, al of whom have a hand
IN their development. The talks will
deal With cooperation in all it's as
poets; with methods of organization
and conduct, as we'll as with the &C.
onom1c, ethical and social aspects Of
Lax AllO'
Every address will be very short
and intensely practical in err.
There will be no Oratory nor general
lied statements. Ways, means, and
results are the phases to be stress
ed. The Conference will deal with
n Dig problems of how the farmer
can make more money in just as bust
nesslfke a manner as the same prob
lem would be handled by the direc-
tors of a great corporation.
DR.. Coulter, who will himself take
part in the Conference and speak, is
most optimistic about the result Of
the Conference. IF we can just get
a few Of these cooperative agencies
going in representative sections OF
the South" he declared yesterday
"the benefits of this form Of organi-
2 zat:on will speedily become SO ap-
t parent to other farmers that they
, will all want to come in, and in a
t very short time, comparatively speak.
1 ing. the whole farm industry of the
South will be banded together MOI
merely to talk, but to do better bust.
ness, produce more, market better
e etc.
"COw-testing associations have beer
t organized in various places in Eu
S rope as we'll as in this country, an
by wedding out lazy cows and b,
49, "a NA1S I1Oo11I ~
milk per cow has been doubled. Cor
clubs hav doubled the yield o
corn. The same results can be at
n tanned in any branch Of agriculture
n I'm other sections Of the country
1t has been demonstrated that a we
organized marketing association Wi
d from 10 to IL per cent, to tn
# price which farmers get from thei
IS produce. even when it is markete
through middlemen. Suppose thu
d similar organizations of the Sout
IS would sell in the same c~onservatiV
manner; even so they would d ne
at less h two hundred and fifty mi
n lions Of dollars ($250,O00 ,0OO) al
nually to the farmers income. TIL
n is the result of system.
m ELSEWHERE cooperative stores pc
e, dividends Of from 10 to II per Gel
rs to their stockholders. These stor'
in at present buy their goods like al
Ii others. from jobbers and wholesaler
and sell at regular prices, no Gu
to throat competition with other me
or chants being attempted.
IL THE profits are returned to Il
,s- stockholders who run the store C
D. operatively in the form of dividen
he on the basis of business done. TIL
m virtually amounts to a rebate on t
a goods which the co-operators buy
no the store. Southern farmers now b
le- goods TO TWO Dillon &C
to lars $4,000, 000.O00) a year.
n they all bought comparatively, tn
mt would effect a saving Of not less tn;
OF three hundred million dOlla
IN $500. 900, 00O) a year, even when
m allowance is made for increased CO
sumption.
act "a further tremendous saving c.
to be made in interest charges. T
lie Southern farmers probably bore
viii something like two billion dolla
he $4,000, OOO) a ear in some for
it'll This money is Loaned them genera
ost in the form Of advances Of goo
ces The banks of the United States p
IDS their depositors on an average Of
aul per cent, for the use Of the none
9TH they 1oan it to the middlemen at
average Of 10 per cent, and frequel
ave ly the middlemen, in turn, put
an out among the farmers at about
ag- per cent.
&c: "Jrndar q n imnrOVed credit SYST