The daily star-mirror. (Moscow, Idaho) 1911-1939, 1921-06-14

marketing organization came into be
ing. We in California believe NOR
and more that cooperative marketing
can be valuable thing for the com
munity if that cooperation is bull
on a sane basis backed by cold fact:
and careful calculation, but it mus
b remembered that the power giver
the producer through cooperation
must be used for his own protection
and not as club against producers
in other lines-that way lies ruin.
Sanity is necessary in cooperative
marketing just as it is in any other
line of endeavor and we in California
are coming to the opinion that the
banker, who, because of his position
nifty and can weigh those needs to a
balance should give his support and
advice to the cooperative marketing
organizations, not only to the end
that their operations should be profit
able but also to the end that the CO.
operative association may balance its
operation with the greater needs of
the whole community
But with this development of CO.
operative marketing within the Uni
ted States comes the necessity for CO.
operative marketing as a nation in
the carrying of our goods beyond the
seas.
No single set Of producers can at
the present time provide in them
selves alone the necessary financial
machinery to furnish the enormous
credits needed to open the markets of
the world to their own products.
Comes then the necessity for the
setting up of such an organization as
the proposed $100,000,000 Foreign
Trade Financing Corporation to the
end that America as whole may
build up on a cooperative basis the
National work of opening the markets
of the world to American products
For many years Great Britain has
operated a basicly similar system in
long term commercial
credits throughout the world and be-
cause of this fact Britain has been
able to. act as middle man for the
sale of a large portion of the pro-
ducts of the nations. In addition to
the large profits which have accrued
70 her as a result, we ourselves have !
been obliged to repurchase finished
JIOuuCbS IIOill iiCl al q PliSO usually
)ut of proportion to the amount which !
We originally received for the raw
PRODUCTS which we ourselves sold her. /
In this we have furnished Great
Britain with the ammunition with
which to build up great world trade
It our expense. 1t occurs to me that
t is high time for the business inter
sts, of the Intermountain country
md of the Pacific slope to give seri-
us and thoughtful consideration to
he manufacture and sale Of our own
PRODUCTS under our own credits and
n the ships of our own merchant
narine. In other words, is it not time
or US to begin to be to the Orient
yhat England has been to America for
he past century? But we can do
his only on national scale.
Is this dream? Possibly it is,
ut the history of the world shows
hat though dreamers are oftimes
roken on the wheel of national SER
ice the dreams which they dream
We after them and become the reali-
les of succeeding generations It is
ecause OF this fact that 1 am the
lore willing to dream with you as
} what the future of our West may
Even though at the present time
ur ultimate future is beclouded be-
eve that there are certain steps that !
e can safely take at the present
me-steps which must be taken be-
IRE commercial realities can be
cached.
l believe that we have been over
0L ~tor
at is this-we have been content to
t the transportation companies di-
.ct the movement of our products,
at great cost and incon-
snience both to the purchaser and
the buyer. 1t is still fact that
e shortest distance between two
,ints is a straight line and the cost
our rail transportation should be
ased upon the cost of services rem
red and upon no other considera-
On
The Pacific Coast will benefit BY
is, for in the long run the producer
n sell his goods only in these mar
It's which he can reach upon the
ost economic basis possible, and if
e economic haul lies with the mar
It's Of the Pacific Coast rather than
the markets of the Mississippi
alley and Atlantic seaboard, Idaho
aterials must inevitably move West
ard instead of Eastward. This is
e Of the things upon which the
acific Coats is banking III
We Southern California are hoping |
the future to be able to offer on
is basis as good market for Idaho