Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1916-02-17
FARMERS GRAIN DEALERS Asso-
CATION HAS FEAST OF GOOD
THINGS.
SOCIETIES NOW HAVE
10000 STOCKHOLDERS
Companies Have $s,aso,ss7 Invested in
Elevators and Other Property-sa
Members $685., 1857 Per Year in Mar
ketins Grain-sueeess Won After
Hardest Kind Of Fighting.

Des Moines,. Feb. 17.-One Of the
most successful annual meetings in
the history Of the Farmers Co opera
tive Grain Dealers Association of
Iowa has been in session here for the
past three days. More than 1000 dele
gates have registered and more than
( 900 cooperative grain companies in
the state are represented.
The questions discussed have been
big questions, dealing with the larger
problems which confront the grain
growing farmer and seller and the CO.
operative movements of the present
day and they have been discussed by
big men.
Yesterday Cyril G. Hopkins Of the
department of agronomy and chemis-
try Of the University Of Illinois dis
cussed the subject Permanent
Methods Of Grain Farming" He has
probably given more study to the
problems OF soil fertility and grain
farming than any other men Of the
middle west. III. H. Gross, of Chicago,
last evening discussed the tariff COM
mission league and its work. He is
president of that organization. Mr..
Alfred Crozier, of Cincinnati, o., last
evening spoke on Money" Today E.
T. Meredith, of Des Moines, director
in the Chicago Reserve Bank, dis
cussed the federal reserve banking
system and Hon. Lafayette Young, Sr,
gave an address on the European war.
On the first day of the CONVENTION
Henry Wallace reviewed COOPERATE
movements as he has observed them,
and Judge w. %. Quarton. Of Algona,
spoke on cooperation in Iowa. H. C.
Candy, Of Chicago, president of the
Chicago Board Of Trade, discussed
terminal and primary market condi-
tons. This brief review Of the sub
jects taken up shows that. the associa-
ton is studying the big problems
which confront the financial, business
and agricultural world Of today.
Over 10000 Stockholders.
The Farmers Cooperative Grain
Dealers Association Of Iowa. now has
over 10000 stockholders. There are
s67 cooperative grain companies in
the state and they handle on an aver
age each year MS, 464,300 bushels OF
grain.
According 70 the statement made by
the officers Of the association these
companies save their members an
average Of $3.464,S49 per year in the
marketing Of their grain.
These cooperative companies in
Iowa have about $3,3s0,s87, invested in
elevators and other property and near
Iy $1,000. 900 in paid up capital. -
But this signal success has been won
only after the hardest kind of fighting.
Now, the officers say, after twenty
years Of warfare the cooperative COM
panies are enjoying a season OF peace.
1.-THE cooperative movement Is
spreading like tidal wave and is not
only sweeping over Iowa but over the
entire middle west" the officers de-
clare in their statement. in very
few years, like in some Of the CO.
operative countries in Europe, every
thing will be handled on co-opera-
tive basis"
The first successful cooperative
farmers grain company In Iowa was
organized at Rockwell, Cerro Gordc
county, in March 1889. The grain
trust had just invaded the state Of
Iowa and fastened its deadly pangs
into the commercial industrial life OF
the farmers and was exacting an I'M
fair margin Of from to cents pei
bushel on every bushel Of grain that
went over its scales" continues this
statement. s..
"Following the example Of the Rock
we'll company a number Of new CO.
operative companies sprang up over
the state until in 1904. fifteen years
later, there were thirty of them iE
Iowa. 1t is useless to say that every
one Of these companies met with
strong and determined opposition not
only from the grain trust but from
the lumber trust, coal trust and the
other combinations with which they
were in competition"
In the year 1904 commission firms In
various terminal markets were adj
vised by the opposing forces that il