Amarillo daily news. [volume] (Amarillo, Tex.) 19??-current, 1920-05-18
ere 10 applications on hand now.
Orcanlyatiou Discussed


| " II Dorsey, secretary Of the Texas
Grain Dealers Association, was unable
90 De- present and deliver his addr,s.
/ upon Benefits ~ Organization" H.
son. Il q Dorsey. substituted IN III,
place % declared that much ~ a.,
/ trouble today in the nation was caused
/ ly organization and that organization
WIS thc only way in which % could D..
/ pat down llc told ~ the power which
organizations have before COMPRESSION.
al committee and the Interstate Com,
W,rpo Commission
Reference was oisp made tu ihe f,ti
/ That h'.lus. uf On, iuOu,nas uf tha
Texas uHu Dealers AStD. iltinr probe
| IllN congress would pass e iUl .I.Ins
/ restriction fur wheat losses o. dealer.
caused lN factors beyond their power
~ prevent H. urged that grain dealers
keep Up agitation Co srDur. cars
D.. ]. cobb 81 Fiain1icw. veteran
lunhlrl'r grain man. was called upon
fUr icN remarks sNtempcraneouslv
~" expressed bitter opposition TO the
grain corporation and control of fixing
ui prices bringing out n warm discus.
sion It, declared that he was tired Of
being under bondage" or licenses.
Opposition Taken.
Iiri ~ the ~. Joseph Grain \
ll1N Company took the opposing view.
point Poo e certain extent. declaring thtt
the guaranteed price woald mean more
silhi" financial backing
clarence u Thtyor ~ Chicago. with
th' e. 81 Thay'r 4 Company. declared
that th" Southwest states ~ Kansas.
oklahoma snl Tayls are the only ones
that hIt" hirh grade wheat that f..
wheat containing much gluten IN
addition h' said that ih, acreage had
been reduced considerably and that
thor. wHs ut,lp doubt about th" price
holding up
o. O. Humphreys lil thH' Dec v.s
slrr the average dealer bad 40 tho
making ONT ~ reports that o., desired.
3ul moved Thar tho matter o., l.u with
the hazard % directors ] y. E.asl,v
amended the motion So that there
would De- u special committee ~ three
o. work On cooperation with another
committee from the Texas Grain Deal.
,rs Association at its annual conven.
ti"n iu Galveston next week
Nlr Dorsey declared that loans were
d. om.ng harder m tho time. and told
The grain men they had not financed.
th' wheat as much az they could D"
cause u the fact that more money had
been made off maize.
Discusses Trading.
pom the request ~ Allen Early. Mr.
ThByer gave n review ~ condition on
the Chicago BOARD % Trade since tho
opening ~ trading IN wheat. lie to'iI
10 the stringent rules prohibiting du.I
piCItion ~ orders Tho food admins.
trliiun was denounced Tor hrcakinsl
faith with The grain dealers hy fnpUvl
getting the price 80 on wheat IT, d..
Clarcd that there must Do e breaking
away from government price rtlarlu..
tee some time and that now was Just ns
good as any other time Hr predicted
that poss,hlv tho market would 30 IN.
steady for two cor three weeks and that
after that the banking support woull
be lust ~ strong as over
Committees appointed hy President
McNurtrv were.
Ecsolui.ous-Tom r Connally. Clar
'ndon. J y Boaslcy. Amarillo. II. c.
Averr pltinyiew
Trade Bulcs-E. Il Humphreys An.
arillo Irwin IIollus. Plainvi"w g vi
Slay ERWIN
Constitution and ~ iaws-W. FL
Dist Memphis \ e Matthews. Pampl:l
Burton Thornton Lockncv.
Standardization Early Amarillo. /
\ q. Cox aud Albert Him. plalnyi,w |