Elbert County tribune and Elbert County banner., 1921-04-01
COLORADO STATE FARM BUREAU
Colorado Farmers Endorse Grain
Marketing Plan
(News Letter 40. -

On March 10, representatives OF
the Gange. Farmers Union, Wheit
Growers Association, Millers, Farm
Bureau and other organizations and
individuals interested in grain mar
keting, met at the Albiny Hotel in
Denver and unanimously endorsed
the Cooperative Grain Marketing
plan of the Committee of H. which
was ably presented by G. II. Gustaf-
son, Chairman of7te Committee and
Mr. c. II. Hyde. also a member
The following delegates were chosen
to represent Colorado at the ratifica-
tion meeting in Chicago on April
1eth: l.. l.. Knox and ]. d. Pan
cake. the former from Brighton. the
latter from Loveland.
The meeting in Chicago will be
attended by representatives from ev-
cry grain growing state and Will
either adopt or reject the plan as
submitted by the Committee of II.
to operation as soon as possible; !;
but win be submitted to the At
torney General of the U. s. for APP
proval before membership is solic-
tied
Mr.. Hyde spoke of the research
work that had been done by this
committee as covering nearly every
section OF the u. S. and several
foreign countries in an effort to get
definite information on cooperative
marketing operations. also of IN
formation received from leading fl
nanciers and experts on every phase
of gain marketing From this In
formation, the committee was able
to arrive Mt very definite concln-
sion as to the plan that would be
most feasible He empkazied the
fact that more attention should he
given to home markets as the for
elgn markets for our grain were not
very promising for the near future
and that there was need for more
equitable home distribution, so
that wide Quotations could be ayoi-
ded.
Mr.. Gustafson, Chairman of the
Committee of IT, gave very clear
presentation of how the plan would
affect the individual grain grower.
sHs explained that any grain grower
large or small, is eligible to mem
bershlp, subject to local qualifica-
tions and has one vote, regardless OF
keted; the individual grower directs
the policies and actions of the entire
organization through his represen
atives. Every grower must pledge
his surplus grain to be sold thru
the sales agencies. but has the PRIV
ilege of saying how and when 1t
shall be sold
Some of the outstanding points
of this plan are that 1t Will make
use of and strengthen all co-opera-
tive marketing organizations now in
eXlHtance, encourage lne loflhatioh
of new and the reorganization OF
old marketing machinery wherever
necessary. 1t is non-stock, non
profit corporation, operating at cos
and returning dividends, IL any. Il
the grower on patronage basis
thus insuring adequate returns tt
the producer without raising TIN
price to he consumer; 1t Will s.a
bilize fiuctuating market by equit
able distribution SC that the prize
at all times will be governed by sup
ply and demand; 1t will give tn
grower ample credit to finance hi
operations without sacraficing hi
crop on a declining market and vii
give the grower a direct interest II
his product until 1t reaches tn
terminal markets.
Colorado's interest in this grail
marketing plan was manifested b
the number of questions that wer
asked by men who were familia
with the problems of the stat
These questions We're all satisfa'
torily answered by Mr. Gustafso
and Mr.. Hyde and the meetin