The Wolf Point herald. (Wolf Point, Mont.) 1913-1940, 1921-03-17
THE NEW GRAIN MARKETING PLAN

From The Farmer. March IL. 1921
Last month the Farmers Grain Marketing Committee of Seventeen
adopted and made public the general outlines of its plan for the co-opera
tive marketing of grain o a national scale This outline was published in
The Farmer of February 26, which was the first report If this plan carried
by any Northwestern farm paper. On March q, at the request of H. Gus
tafson, chairman o the Committee of Seventeen, the editors of The Farmer
together with a number OF other agricultural editors met IN conference witt
members Of the Committee in Chicago ito have the various underlying fa-
lures of the plan explained to them in a little or detail than was CON
tanned in the general outline first published, In this issue of The Farmer, on
pages ATT and Ats, we are endeavoring to give to u readers som of the
additional facts learned at that conference.
What 1t Offers To Farmers
There is o question in the minds of the Committee of Seventeen, and
there GEMS to be no reason for doubt in any other mans mind, that this
marketing plan is absolutely going through The things that the individual
grain growers are most interested in are the sterilization of markets and
the saving of a larger proportion of the consumers dollar. These two
Things me new marketing plan very effectively provides. 1t Will stabilize
the market because it will control the flow of the grain throughout the
fftytwo weeks of the year, by control of storage facilities at local and
ermlna points II there IS a surplus from a large crop tn 10y market
value eff the surplus will not reduce, as heretofore, the legitimate value of
the normal amount of crop which goes into home OIL foreign consumption.
The marketing agency will be able to hold this unnecessary surplus until
such time as there is a demand for it. AS to the saving of a larger share
the consumers dollar, it is very apparent that when the crop goes in order
E flow to the markets the largest incentive for speculation will be removed.
and the money that has been made by manipulating the crop between the
consumed will be saved to the producer without increasing the price to the
consumer. Furthermore, since it is to be a non-proft institution, the legiti
mate profits that have been made by the grain dealers in handling the crops
also will go to the producers.
Other Organizations Will Cooperate
The most hopeful indication of the successful workng-out of this plan
is te way In whch thu many other farmers agencies Interested in this
work are falling into line behind the Committee of Seventeen. Within the
last few months, for instance, a great organization known a. the Wheat
Growers Association of America has been built up and has to a large ex-
tent perfected a plan of its W for the cooperative marketing of wheat
However, from information which W e yer able to obtain in Chicago this
ire very glad to say that the evidence TO- is that the Wheat Growers AS
ISOLATION will join with the Committee of Seventeen and adopt its plan.
Nh. Aaron Sapiro, the great legal authority m cooperation of Cali
fomia, who vas employed as the general attorney of the Wheat Growers
Association, has advised the various state headquarters of this association
to join with the Committee of Seventeen, has retired himself from its en-
poy, and has accepted a commission as If a number of lawyers in the
employ of the Committee of Seventeen to pass upon the legal phases of their
marketing plan. We are especially glad to be able 20 state that the Wheat
Growers Association of North Dakota. which was N of the strongest
state associations in the United States, has agreed to defer the operation
of their own marketing plan until that of the Committee of Seventeen is
completed and, if approved by them, car be substituted for their own. This
cooperative spirit on the part of the Wheat Growers of North Dakota is
especially welcomed by the Committee Of Seventeen. The Committee feels
confident that with this union of forces, working toward a common end,
the result is already assured.