American Falls press. [volume] (American Falls, Idaho) 1907-1937, 1921-05-27
ORGANIZERS FOR WHEAT
GROWERS NUMBER 400
Director Jewett Outlines Organization
Plans for West and Tells of Finance
COrpOratiOn-Grain Members Urged
To Purchase Shares.

Four experts in organization work
will conduct schools for the United
Grain Growers Inc, according to Man
ager Jewett, head of the Northwest
Wheatgrowers Association.
Mr.. Jewett believes that the national
marketing organization will be able to
control something like 200, 000, 900
bushels of the nations 1921 crop. Or
ganization work is beginning too late
TO secure a large sign-up of 1921 grain
in Texas, Oklahoma and other some
what southern states, but n time to
make considerable Roadway before
horvest in the northern tier of states.
1t is the boards intention to have
about 400 or 500 trained organizers in
the field to present the matter to the
individual growers by the latter part of
June or July1. The plan contemplates
a number of schools for training or
~ganizers. Four experts in cooperative
marketing will conduct these schools,
including at least two who are espec-
tally qualified to teach pooling.
The agreement entered into by the
national organization with the north
western growers, subject to ratification
by the latter, includes a provision that
no organization work under the option
al pooling plan shall be done in the
northwestern states prior to 1924. The
provision i sintended to give the grow
ers in these states ample opportunity
to complete their organization under
the present compulsory pooling plan.
Under the provisions of the propos-
ed a~ffiliation, not to exceed one-thrd
of the wheat o fthe northwestern as
~sociations would be under control of
the national organization. The re-
naming two-thirds or more would be
under complete control of the state
organizations. All, however, would
be marketed through the national sales
agency.
The Finance Corporation.
One of the vital features of the new
national organization i sthe proposed
finance corporation. The plan is to
have this corporation issue preferred
stock in the aggregate sum of $780,
900, 900. This would be offered fol-
sale in shares of 500 each, at $105 pei
share, so that the subscribers would
carry the cost o selling the stock, leav-
ing the entire 500, 900, 900, or such par
as is sold( net, as the basis for finan-
cling the margeting of the members
grain. The corporation will also issue
securities to increase Their operation
funds, some such security as thu
wheat gold bonds of the Washington
Idaho association being contemplated
While the stock just referred to will
be made available to the general pub
lie, each grain grower who become
a member of the organization will b
urged to purchase at least n share
1t will be entirely optional with him
however, whether or not he does sc
Many are expected to purchase severa
shares.
The money raised by this means i
to be used in financing the o~peratio,
Of the sales agency and %affording ere
dit to the grain growers, with a vieN
to enabling them, through the organi
cation, to carry Their grain Throughout
a season o forderly marketing as tn
market can absorb it.
Mr.. Jewett brings word from Chicag
that the sentiment in favor of poolin
dominated the individual delegates
the conference, but that the questio
of the legality of compulsory poolin
and the hesitancy Of many delegates I
proceed sweepingly in changing tn
marketing system caused the confer
ence TO adopt the optional poolin
plan.-Idaho Farmer.