Pullman herald. [volume] (Pullman, W.T. [Wash.]) 1888-1989, 1920-03-12

Form a Washington Wheat Grow
ers association, form an Idaho Wheat
Growers association, and an Oregon
Wheat Growers association. These
are non-profit associations because
they are made up of the wheat men
like yourself, For instance. in the
state of Washington choose Is men
as directors, each man a wheat
grower and chosen by districts. The
growers in each district choose
director and he a wheat man Then
one of the directors Is selected by
the dean of agriculture as a repre-
sentative of the public. The dean
will be a safe guard on the board of
directors. Every grower then makes
contract to sell his wheat to the
association for a period, say of six
years. ALL the wheat ne raises ex-
cept that which he uses for seed to
come under this contract The
wheat is then pooled and the associ-
alton begins to sell it. When the
grower delivers wheat the associa-
ton will see that he gets credit on
uniform plan where the local banks
give six per cent interest or u per
cent interest. The association de-
posts warehouse receipts and has a
legal basis to secure credit from the
bank. The notes signed by the asso-
citation can be rediscounted at the
Federal Reserve bank.
Sometimes promissory notes are
given, sometimes acceptances; eth
er system can be used, preferably
the one the local bank wants Wheat
goes to the warehouse and the hired
sales manager will study the mar
kets and at the right time sell. If
you have % per cent of the wheat
signed up the association will influ-
ence the market Even though the
salesman studies the right time to
sell, you will not get the top price,
but a fair price for all The wheat
will not go through many hands, but
direct to the millers or the export
ers. There will be no war between
the association and the miller, but
between the association and specu-
lative activities.
When the wheat is pooled, num-
Der one will draw the same price
| throughout, regardless of when it
was delivered at the warehouse. Ac-
ceptances or promissary notes will
be paid off as the wheat sells Your
buyer or salesman can sell intelli-
gently, he is paid to know how and
he will know the game as we'll as the
other fellow, when to sell and at
what price. The man will be your
employee and will have to be on the
! job.
/ At the same time organize a ware
housing corporation. 1t can have
capital stock, while the association
would have no capital stock, and
I
separate. Capital stock would not
be legal, according to the plan of
the association, but would be legal
for the warehouse corporation.
In this system there is not sin
gle new institution, no laws have
to be changed or made, it is merely
an economic solution of an economic
problem under existing institutions.
The contract is long and wordy.
Don't read it if you do not want to;
everything in it, however, is needed
and is your insurance.
This plan as offered contains all
the essentials:
1. 1t is a purely cooperative plan.
2. The growers must agree to sur
render all rights to sell their own
crop.
3. The contract is hard and binding.
4. The wheat is pooled and each
man paid the same price for the
same grade and variety.
5. All credit is obtained collectively.
But the key to it all is: Are you
willing to agree that you will put
all selling into the hands of your
hired salesman? Learn from Cali
fornia, learn from Denmark, she
learned a long time ago-learn any
where you can learn. Only fool
thinks he knows it all.
This is your chance to teach the
United States cooperative market
ing. When the time comes | want
you to back it. They may tell you
am in this thing for my own inter
ests, l will admit / am and have
been in it nine years. | am ambt-
tious, ambitious to help start and
accomplish cooperative movement,
ambitious to spread thought which
will be of some social value, and /
want to know that my efforts bear
i've