Jamestown weekly alert. [volume] (Jamestown, Stutsman County, D.T. [N.D.]) 1882-1925, 1921-03-31
FURTHER DETAILS
OF new PLAN FOR
GRAIN MARKETING
Two Contracts Provided; One
Between Grower and Local
Cooperative Elevator and
Other Between Elevator
and National Selling Agen-
cY.

Chicago, March 2S.-A conference
aiming at unification OF the several
large scale plans for cooperative
handling OF grain by the farmers of
this country, began today. They
are expected to continue thruout the
week.
'''rhe hope is to arrive at a single
plan to be presented to the ratifica-
Chicago by the Committee OF IT,"
Aaron Sapiro Of San Francisco ex-
planned.
Chicago, March 26.-Two con-
tracts are provided for in the ma
tional plan for marketing grain CO.
operatively proposed by the Farmers
Grain Marketing Committee of Sew
enteen, according to a statement by
G. H. Gustafson, chairman of the
committee, made public here today.
'The contract is expected to run
about five years." said Mr.. Gustaf-
SON statement "but the exact per-
iod will not be determined until the
conference in Chicago, April at
which ratification of the plan will be
taken, UP by delegates from the
grain growing states of the nation.
Zone contract will be made be-
tween the grain grower and his local
cooperative elevator and another
contract will be made between the
local cooperative elevator and the
national grain marketing agency.
These contract forms are now being
drawn up by competent legal assis-
tance under the supervision of Cliff
ford Thorne. OF Chicago, an attorney
and member Of the committee. The
general principles of the contract
forms, however, have been decided
and it only remains to put them in
legal shape. a..
"The contract made by the grow
will provide for the exclusive deliv-
cry of all surplus grain not needed
for seed and feed purposes. The
contract made by the local coopera-
tive elevator with the nationalasell-
Ing agency will, in turn, provide for
the exclusive sale OF the grower
members grain through tho sales
facilities of the national selling
agency.
'These contractual4 relations will
not infringe upon the privilege of
choice which the individual farmer
has of deciding which method Of
marketing he may wish to employ,
that is, consignment direct sale to
cooperative elevators, or pool. The
growers at any local station will al
ways have the alternative OF con-
tracing to pool their grain locally
and selling as one unit through the
national sales agency. In the same
way, the contract will contain provi-
siOns authorizing two or more local
companies to pool their grain, when
approved by at least IS per cent of
the members of each company.
Farmers cooperative elevators
that are now operating on the pa
tronage dividend basis will need to
make only minor changes in order
to contract with the national selling
organization. Where local CO.
operative elevator. which meets the
requirements of the contract, does
not exist. the new marketing plan
contemplates that the growers will
form a local cooperative organiZa-
contract of their own with local
elevator to store and load their
grain or make arrangements to buy,
build or lease an elevator.
"The contract running between
the local elevator and the national.
agency, provides that if the local
elevator is not truly cooperative. it
may be given a reasonable period of
time to make such necessary changes
in it's form. of organization as will
meet the requirements for doing bus
mess through the national selling or
ganizatiOn."