The Miller press. [volume] (Miller, S.D.) 190?-current, 1921-03-17
COMMITTEE OF II
4 MAKES REPORT
Tiam For the National Marketing Of
Grain
This plan c~ontemplates

This plan contemplates:
The Incorporation OF a National
Sales Agency In the form OF a non-
stock, non-proft, grain growers mem
bership organization which would pro-
vide for the marketing of grain by
virture OF contracts with farmers CO.
operative elevator companies or local
cooperative associations TO be formed
where local farmers cooperative eleva-
tors do not exist.
The National Sales Agency to pro-
vide:
1. Branch sales Offices at important
grain markets to handle the grain
for each natural grain district.
2. Terminal elevator service in IN
nection with branch sales offices, eth
or by co~ntractual arrangements for
came. or through the organization Of a
company, or companies, which would
lease. buy or build terminal elevators.
3. Facilities for financing the mar
keting Of grain by country elevators
through the organization Of a Finance
Corporation whose capital stock would
DE subscribed for by the grower-mem-
hers.
4. Facilities for marketing surplus
Of grain through the organization of
an Export Corporation.
5. Service departments furnishing
information covering local, national
and world wide conditions, affecting
the grain trade, also information and
service In connection with ~transporta-
ton, legal. statistical and other prob
lens
The initial working capital of the
National Sales Agency, with which TO
provide facilities for the immediate
handling OF grain TO be secured
through the membership subscription
Of the growers. Subsequent funds to
he secured by deduction Of a certain
percentage of the sales value of all
grain sold through it's offices.
III. Local Cooperative Organizations.
There are to be two contracts: One
running from the grower to the local
elevator company or the grain growers
association; and the other from the
said local company or association to
the central sales agency.
Farmers cooperative elevator com
panies. composed Of grower-members,
n n patronage dividend basis to be ask
cd to contract with the National Sales
Agency for the sale of grain Of men,
bers of the national organization.
Where a farmers cooperative elevator
company meeting these requirements
does not exist, a local cooperative
association, composed OF grower-mem-
berg only to be organized. and con-
tracts arranged between the National
Sales Agency and such association for
the sale of their grain.
These local cooperative associations
to arrange for the use OF local eleva-
tor facilities, either by contracting
with companies now in existence
which are not eligible for membership
due TO their present form OF organic
alton, Or by arranging to lease. buy
or build elevators.
However, a reasonable period of
time may be given to local elevator
companies to make such necessary
changes In their present form OF or
~ganization as would meet the require
ments for doing business through the
National Sales Agency.
A contract between the growers and
the local formers cooperative eleva-
tor company or the local cooperative
association would be solicited, provid-
ing for the exclusive sale OF the grow
er-members grain through the sales
facilities OF the Notional Sales Agency
AS an alternative, a contract with the
growers could be solicited, providing
for the pooling locally OF the grower
members grain, and It's sale through
the Nationol Sales Agency. The said
contracts also will contain provisions
authorizing two or more companies to
pool their grain, within approved by al
least rs per cent of the members OF
eoch company.
Statement from Committee OF n
In announcing the essential features