Newark evening star and Newark advertiser. [volume] (Newark, N.J.) 1909-1916, 1914-07-25
FARMERS
PURCHASING AGENCY

due delay in making shipments is not
occurring.
The fee for the order goes to the
secretary, not to the exchange. Mem
borship dues are used to pay office
expenses, postage, etc.
Exchange Handles No Money.
The exchange handles no money ex-
cept these dues, and it is incapable of
making any contract or of buying any
supplies except for cash in its hands.
1t keeps no books except an account
of receipt and expenditure of MEM
bership dues for none are necessary.
1t extends no credit. Orders are ac-
cepted only with certificate of deposit
in the members local bank. There is.
therefore, no liability on the part of
member except for his own pur-
chases; no opportunity for loss, be-
cause his money remains in his own
home bank; no chance for graft since
the transaction clears through his
own bank
The service in the matter of selec-
ton is excellent Theoretically there
is an opportunity for dishonest
shipper to send out material not up
to sample, collect his graft and then
claim that the materials were as rep
resented In actual practise, however,
the weight of the business we have
handled has been such that where
low grade seed only is left in seed
house, for instance, they have fire.
quently refused to quote us prices,
stating frankly the reason. The clean
ness of our plan brings out the best
that is in the wholesaler in response.
OF course, there is danger of lost
and strayed shipments and of claims
being necessary. but that is incidental
to the business of buying, whether the
member uses the exchange or buys
direct. With us he gets wholesale
prices, highest grade of goods and a
system of tracing and following ship
ments that minimiZes danger of loss.
We have had several claims for lost
shipments to adjust, but adjustment
has always been prompt and salts
factory.
Method of Buying Seed.
The price of seed of certain kinds
varies with market quotations. In
our forms for orders this is provided
for by a clause in which the MEM
Der agrees to pay higher price,
where prices have risen between the
quotation to him and the receipt of
his order by the seed house, provided
the invoice Citdlly ShONS lhc AS"
unit price weights and totals so that
he can check the transaction. In
actual practise this has often oc-
Cured, but has never resulted in
complaint.
The buying of inferior seed, fer
tilizing material, and other farm
supplies has been limiting factor in
production and has direct bearing
on the cost of production and on the
present high cost of living. The far
mer, totally unorganized, or so or
ganized that he is still a prey to un-
scrupulous business houses and VIC
tim of his own carelessness and lack
of forehandedness, requires some or
ganization which will buy for him,
at reasonable prices, materials which
will do the work as he plans 1t to be
done. The exchange was organized
to meet this pressing need.
The letter sent out to the agants
of the Rural Organization Service
had as Enclosures samples Of certain
blank forms used in connection with
the exchange. Among these in
closures were suggested form of let
ter to prospective buyers. and, Of
price list to accompany same; sug-
gested form for members order
blank; also suggested forms for order
to the supply house and for blank
postal card to be sent to the dealer,
to be used in notifying the exchange
of shipment These sample forms
NAV be had by any one interested
II application is made to the Rural
ORGANIZATION Service, Washington,
| d. c.