The Nezperce herald. (Nezperce, Idaho) 1900-1957, 1921-03-24


The Farmers Grain Market
ing Committee of Seventeen on
/ Feb. Is voted unanimously to
recommend to the farmers of Am
erica grain-marketing plan
based essentially on the incorpor
;.tion OF a grain growers coop
crative National Sales, Agency.
1t is proposed to incorporate the
National Sales Agency in the
form of non-stock, non profit,
grain growers cooperative mem
bership organization which will
provide for the marketing If
grain by virtue of contracts with
the farmers cooperative eleva.
tUs or with local grain growers
c, operative associations.
The growers of grain will take
IL ambership in the National Sales
Agency. They will thea effect
an agreement with their local
grain growers association to de-
liver their grain on the basis of
either a sales contract or a pool
ing contract. The local elevator
or grain-growers association will
contract with the National Sales
Agency to handle the grain.
1t is contemplated that the
National Sales Agency will con-
troll, through ownership Of, the
voting stock, the following:
A. TERMINAL AGENCIES.
Branch sales offices will be
provided at-important grain mar
l1ets to handle the grain for each
grain district. Whereverl
possible. use will probably be
made of all farmers cooperative /
such as now exists. Eff
fort will be made to open boards
Of trade to farmers cooperative
agencies desiring to operate thru
seats on the exchanges.
B. WAREHOUSE CORPORA
ZION.
In connection with the branch
iales offices, it will be necessary
o provide Government-licensed |.
warehouses, from which receipts
will be issued and used as basis
# credit. These warehouse faciI-
ties will be acquired thru lease,
or erection.
G. FINANCE CORPORATION.
A finance corporation is con
in order to provide j
armer-c controlled credit facilities
country elevators may ;
finance the moving Of {
he crop in orderly fashion. TheIl
apital stock Of the finance cor Z
Grafton will be subscribed whenl 5
are asked to sign upI
heir memberships in the Nation +
Sales Agency. The finance t
is designed only to /
existing financial 0
Iachinery y
ID. EXPORT CORPORATION. !
The farmer-controlled Export d
will provide proper
lcilities for marketing the ex- =
surplus Of grain. =
f. SERVICE DEPARTMENTS =
The service departments are y
to furnish accurate in y
on local, regional, ma y
Onal and worldwide conditions
hich affect the grain trade. h
transportation, legal, statistical, v
Id other departments will be in
uded. FH
The membership subscription d
the growers will provide the
ational Sales Agency with the f,
itial working capital necessary a,
+ the acquisition of facilities 90
+ the immediate handling Of nj
ain ON consignment. Later the W
ming expenses of the National
les Agency will be secured by at
sessing a handling charge on Sc
e grain marketed through its W
fees. =,
Farmers cooperative elevator /,
mpanies, composed of grower wi
and organized on pat
lage dividend basis, are to be 81
Sed to contract with the Nation
Sales Agency for the sale Of
, grain of its members. Where
farmers cooperative elevator "A
es not exist, a local co-opera- I'm
e association, composed Of Es
lin growers only, will be or w
nized and contracts arranged M
.ween it and the National Sales
'ency. The local co-operativei B
ociations will provide local ~