The Richmond palladium and sun-telegram. [volume] (Richmond, Ind.) 1907-1939, 1921-03-03

! The Farmers Grain Dealers associa-
ton of Indiana recently decided to
meet at Wabash on March and a. in
general session, and the people of Wa.
! bash have accordingly made due
preparations to care for and entertain
! their visitors. A special committee is
tc report on plans for a farmers mar,
Eeting bureau, for which the support
OF the Indiana State Grange and the
farm federation is anticipated. This
committee has had the plan for CO.
operative buying and selling up for
study since the meeting held at Wa
bash last October
Whatever this committee NAV have
discovered. or whatever the plan they
may decide TO submit for approval,
they will at least have devoted en-
ough serious study TO the subject to
warrant that their conclusions will
form very interesting topic for a
broad discussion. How much more eff
ficiently the farmers business can be
done comparatively, and at how great
saving in buying. and at how much
better prices when selling is the
problem which awaits a practical dem
onstration. So far as local cooperative
societies are involved. these have time
and again proved their worth in a
. thousand communities. These have
awakened the community spirit; have
drawn the peoDle closer together;
have built a million homes through
building societies. etc All this has re-
suited from spirit of mutual interest
and helpfulness.
No one will attempt denial Of these
, facts. But the times are now out of
Joint. 1t is not matter of local bust
, ness, or indeed of prices and circum-
stances in ally single state
! 1t is a national problem which
awaits solution. and over and beyond
, this are the monetary needs and cordi
{ tons OF the world to be considered.
To Eliminate Speculation.
I All producers are agreed that "there
/ is something rotten in Denmark
hence the many cooperative attempts
to sweefen the financial air at the var
ious stock Yards and in the grain pits
of all boards of trade. To cut out. OF
: to limit. short selling. which ALWAYS
, aims at depressing prices, is one cen
trail idea on which all farmers are oil
one mind. The elimination of every
POSSIBLE sneculative process in the
handling of food stuffs is the work cu
out by the various committees. Thei,
aim is to get down to a cash basis ant
to stabilize prices: also to regulate the
seasonal flow to markets. All of this
would be if importance TO our whole
neonle. If we can stabilize the price
Of grain to the miller We con stabilize
the cost of -four to the baker. and o
both bread and -four to the consumer
This also is true as to meats.
ReouIatinn The Flow.
| The re"u'ating of the flow to mark q
i most imnortant. To do this IS til.
greatest problem confronting the far1,
bureaus. After great central elevato tor
have been established for the ho1din.
nf surplus grain. and as dannSitorie
for the issuance Of negotiable ware
house raceirts. the problem will h
orlv rartia1lv solved. Such elevator
must he provided at interior cities IN,
imnortant towns. PC we'll as -. tn
great terrnina1 market noints. if M
;a1So Of t'dn"ater, both en- the Atlanta
and the Gulf.
After fhis work Of years has bee,
accomn'iShed at v"et cost Comes TIL
ma katine in world competition as +
oNports. inst ns TODAY As to domes
tir nrices ard CONSUMPTION. with
t"rff on imports. the problem will b