The Ontario Argus. (Ontario, Or.) 1???-1947, 1917-01-25
COOPERATIVE EXCHANGE
And HOW IT WORKS

As before stated In last weeks ar.
ticle, an attempt will here bo made to
explain in one or two details the prac-
tical workings OF this system of CO.
operation and this explanation only
to a limited extent because lack OF
space In the Argus forbids further eN-
PLANTATION In this issue. Now the or
ganizatlon OF an association OF this
sort here would naturally be con-
Quoted on usual lines OF procedure
with fow exceptions, one OF which
is, that each member signs his or her
name TO the agreement In the ccrtifi-
cate OF membership that IL, to never
demand legal tender money as pay
for services performed. building ma
terial furnished. farm products de-
llyored. or contributions OF money
10 the association which IL one OF the
rocks upon which this association
stands as future protection, but al
ways pays for such services. deposits
or contributions with its own checks,
mover In money as before stated. Such
payments always at ruling market
values OF same. TO illustrate, suppose
q cannery. fruit eyaporator or a.
broom making establishment had
bcon started by this association and
ready to receive It's raw material from
the farmers--in the cannery depart
ment the farmer In delivering his
squash. pumpkins. asparagus. peas.
beans. tomatoes. berries, apples,
peaches. aprlcots and others is al
ways paid In the exchange check OF
the association, never In money as the
association does not do business with
egall tender money but pays for It's
raw material with checks. pays It's
help with checks and exchanges les
canned goods first 10 our own home
merchants, next TO our neighboring
town merchants. always at wholesale
.at tho ruling market price, thus keep
ing the merchants money al home, In
bank or IN local circulation, thus
swelling the same The same IN our
.neighborIug towns now when thus
Our farmers and others have come
IN possession OF the checks and a.
our. and surrounding home merchants
win need 10 stock up IN, canned goods
.of various kinds, a arge number OF
those checks will naturally find their
way into general circulation in and
around our immediate neighborhood
thus swelling our home circulation
and thus more money will stay in the
bank and for importation of other
merchandise also for other uses for
which those checks are not fitted,
Naturally thus many OF such
checks will gradually find their way
into the hands of our grocery merch-
ants which by them will be returned
To the association in exchange for
canned goods at prevailing wholesale
rates, the checks having then per-
formed its useful mission. is cancelled
by the association and returned TO It's
original owner, which would be the
farmer or the workers in the cannery |
All persons in all walks OF life en-
gagged in useful occupation OF good |
character are therefore amenable to |
More will be said on this and many |
other lines as to expectation OF com
modities after all home demand is
supplied which should be the original
object OF this association, II space is
furnished in the Argus and which will
further show as to the widespread |
benefit to our community such an or
would eventually become
A CITIZEN,