Pullman herald. [volume] (Pullman, W.T. [Wash.]) 1888-1989, 1921-12-16
only, he explained.

Oui1s nC CApAdinCus
1T may not be possible to main
tain this at quite so low figure, but
we are quite sure that it will not ex-
coed two cents per bushel at the out
side. OF course this does not in
clude items always applicable to
grain marketing, such as freight,
warehouse charges, interest, and in
surance, over which the associations
have no control
Mr.. Jewett inferred a supplement-
al distribution of funds to members
of the association before the pool was
finally closed, stating, however, that
this would depend upon the expedi-
ency with which the selling agency
was able to find satisfactory markets
ard upon the prices received. He
touched upon the export operations
of the organizations and attributed
to the office in London considerable
credit for the results to date.
"The London office has afforded
us valuable information as to Euro
pean conditions and markets avail
able on the continent which has en-
abled us carefully to check the prices
offered by export buyers in this coun-
try and to insist that we receive every
cent the market would stand when
| ever we made a sale" said Jewett
1--WE have only exported one small
parcel directly to European points
inasmuch as the prices we were able
to obtain from export buyers were
such that it did not appear that we
would be warranted in doing our own
exporting.
1--WE have made many sales to the
Orient and conditions now indicate
that it may be to our advantage to
carry on more active export opera.
tons, although we do not plan on SO
doing as long as concerns in this
country will continue to pay us salts
factory prices-which means prices
possessing a proper relative position
to those available abroad"
Mr.. Jewett touched upon the
over-adyance still outstanding from
1920 pool operations of the Wash
ington-Idaho associations and COM
mented upon the fact that the total
figure was being rapidly reduced
through notes and cash payments by
the members who had received more
money in advances than the wheat
sold for because of the drop in prices
early in the 1920 selling season. The
'um remaining to be distributed from
the 1921 also is being rapidly cut, he
said, and there will be no deductions
from the 1921 pool to pay these 1920
accounts.
Mr.. Jewett told the meeting that
funds for advances to growers next
year should be more easily available
than during the present season be-
cause of the fact that so many ware
houses are being placed under the
federal warehouse act, thus making
their receipts better collateral, and
because of contracts which have been
established by the organization dur
ing the present year.
He spoke of the fight for lower
freight rates as one instance of the
value of organization to growers
aside from the marketing phase. He
pleaded for continued loyalty of the
members, declaring this only was
needed in order for the marketing
associations to succeed.
1--WE began the seasons operations
with apparently a great amount oil
dissatisfaction among our members
because of the unsatisfactory price
covering the 1920 crop" he said
but we are glad to say that at the
present time there seems to be much
i better feeling among the members as
whole. This is as it should be
Every member should bear in mind
that the association is his, and he is
Tic d5SOCldllOu' i uDllCiy every luClli-
Der should be booster and his griev-
ance should be taken directly to his
organization.
"A movement like ours can not
reach perfection in a day or in many
days. 1t has taken many years for
the speculative system to build ur
to be so highly beneficial to its oper-
ators, and we can not hope to build