The Logan Republican. [volume] (Logan, Utah) 1902-1924, 1916-07-08
UTAH DaIRY ~
INTERESTS TO
4 BE in PROVED

ass, gvxO.ss ssrs e'sl-sssss arsne t.rs'Sf
Thursday. President.elect E. q.
Peterson and PROS John T.; Cainc,
iii. Of the Utah Agricultural College
returned from Salt Lake City where
they had gone to attend the meeting
called by Governor spry for wednes.
day, at the Hotel Utah, to consider
means to improve the dairy interests
Of Utah.
The meeting resulted in the appoint
ment of committee consisting of
Governor Spry, Prof. John T. Caine,
III. Frederick w. Merrill. Preston O..
Peterson, w. W. Armstrong, T. M,
Michelsen, George Austin, o. C. Bee
bee. j. w. Hendricks, George NJ.
Cannon, F. b. Stephens. J.. w. Kirk.
ham, Judge Elias Smith and John
pingree. This committee Is to con.
slider details of organization for !, a
permanent corporation to be formed
to aid the farmers financially in their
dairy interests.
Fred w. Merrill of Minnesota, a
graduate of the Utah Agricultural Col.
lege who Is familiar with the plan
Of financing the dairy work in other
states, outlined plan for Utah as
follows: u.s. "'''
1T is proposed that a fund of, from
sl5O,oO0 to $250,OOO be-. raised. 9 and
pooled. This fund will be loaned for
the purchase Of live stock, at, "a rate
OF interest to be decided upon, but 1t
ought not TO exceed per cent.
A corporation known as, the Utah
Live Stock Loan Fund Association
will be formed with officers and EN-.
ployees as necessity requires.
This organization will employ a
competent man whose duty II will be
to supervise the organization of com
munities along lines Of live stock de.
velopment. He will work with local
banks, commercial bodies, farm hui
reaus, farmers clubs and other CON-
munity organizations, to the end Of
arousing interest, completing plans
for local live stock development, gu
pervising the purchase Of good cattle
and in cooperation with the Agricul.
rural College and federal dairy divi.
sion.
The plan provides for three separ-
ate working bodies: the Utah Live
Stock Loan Association, composed Of
the financial interests of the state
will provide money on as long time
and as cheap a rate as Is consistent
with good practice; the guarantors as
sociation consists of the local banks.
mercantile institutions and other bus
mess enterprises in communities
where live stock is wanted. This
local association stands between the
loan association and the farmer; the
individual farmer who win keep the
live stock and add to the resources
OF the state the fertility of the soil,
and the general prosperity of Utahs
people.
The Utah Live Stock Loan Furd
Association will, upon request from
representative of a town or commun.
ity, send its live stock expert to ex.
plain thoroughly to the business men
and farmers the operation and ad.
vantages OF dairying and the keeping
of other classes OF live stock. He
, will proceed to organize a guarantor's
association to determine the fitness
of the men who want to purchase
cattle, supervise the purchase of the
cattle. and inaugurate plan Of dairy.
ing to be followed by those who en-
ter into the proposition.
The guarantors association is local
in character. The function OF the as
sociation is to guarantee the payment
Of the money and interest furnished
by the Utah Live Stock Fund Associ-
alton. - sc
The farmers will give suitable Sc
curity for cattle and equipment pur'
| chased, a chattle mortgage on all the
stock purchased including the of.
, spring for certain period Of three
years or until tho stock 10 paid for,
In cases where necessary additional
sccurity may be required interest will
ne paid semi-annually. The farmers
may be required to pay 80 per month
! ON each Gov purchased. The farmers
pledge, themselves to follow the in
structious Of the orEanization and
other agencies cooperating. with them.
In speaking Of the Significance Of
the meeting to the Utah farmers,
| President &c. G. Peterson Of the Utah
Agricultural, College said The, College
has been working for many years 70
develop dairying, In Utah to a high