Imperial Valley press., 1919-08-08
TRUE NOW
TRU S 4 WAY S
AND w II E E l. S
Some Plain Facts for the
Dairyman
FRANK PELTRET

y
the scheme of Banker Henderson.
His Sulphurous Ma icsty should
honor his service when next they
meet by ornamcnting the Sacra-
mcnto financier with horns, hoofs
and crown. Making a decoy duck
out of the cooperative impulse
among the farmers was stroke
of genius that must have made
Hades rock with laughter. 1t was
a bait for the trap as choice as
any morscl of cheese that ever
tempted hungry mouse to its
death. If the trap could have
sprung before the light of pub
licity had shown in upon it, the
scheme would have been unbeat-
able, Like the Kaiser's plan for
subjugation Of Democracy it
moved fast. hut not fast enough.
There was man, once, who
thought he was too smart for
any one to rob him and who shot
a policeman for telling him that it
was a fool trick to carry fat
pocketbook in his outside coat
pocket while mingling in a crowd
full Of pick-pockets. One of the
functions of a newspaper is to
warn it's readers of dangers which
threaten either their lives or
their pocketbooks. The Press is
making such fight against the
schemes of Banker Henderson. 1t
is presenting it's case in facts,
figures and circumstantial evil
dencc. Unlike an ordinary case,
the dairymcn Of Imperial valley
are judge, jury and parties in in
tcrcst in this case. Whatever their
decision it will be either for or
against their pochetbook.
The evidence in the case thus
far shows: That Henderson is a
banker in Sacramento, the center
of meat trust activities in this
State. in close business relation
ship with the trusts representa-
tives. That Hendcrson's interest
in cooperation Is, in point of time
identical with the use by the
meat trust of their surplus prof
it's made during the war to Oh
tain the same control over other
farm products that they have over
meat products. That the sole aim
and end of Henderson's efforts
was to (D tie-up the producers
through their cooperative or
ganizations with central body
(Associated Milk Producers) and
(2)thru it's agency to engage them
in extensive operations and to
lend them money-amply secured
obtained by the sale of bonds,
the major portion of which would
be held by or for the meat trust,
and make the dairymen's assO-
Citations pay the cost of destruc-
tive warfare against independent
manufacturers and distributors
while they were being hOg-tied for
delivery to the trusts marketing
agencies. That in order to involve
the dairymen in these prccarious
enterprises (such as the Pure Milk
Distributors which permaturely
went to the wall with liabil-
tiles of $212,000) there was in
cluded in the Articles of Incor-
poration Of each local co-opcra-
tive creamery by Henderson's
seven wise lawyers the authority
"tO purchase of otherwise ac-
quire, to own, hold, sell, trans
fer. or pledge shares of the capi-
tai stock of any corporation to
furnish facilities through which
its members shall market their
products" That the whole plan is
a plan to crush independent dis
tributors and throw distribution
into the hands of the trust and
that the trust by increasing dis
tribution charges would fattcn it's
profits at the expense of the
producers.