Arizona republican., 1922-01-01
Arizona P|NACOTTON GROWERS
ASSN, THIEF FIRST CO-OPERAT IVE
MARKE TING ASSN. IN THE VALLEY

pointed by the governor to repre-
sent the public interest.
Gown to Business
This capable board. thoroughly I'M
bued with the fact that the organi-
zation they had been selected to gov
ern was a purely business institution
for the benefit Of its members, and
through them of the entire cotton
industry and the entire state, settled
into the harness and pulled together
in the most harmonious manner, and
we will now trace the successive
steps UP which they have taken the
organization to its present enviable
position.
National Organization
1t was early recognized that how
ever desirable cooperative market
ing Of cotton from this section might
be in itself, that without help from
the larger organizations the best re-
suits could not be secured. With TINS
fact in mind the organization COM
mittee had sent representatives to
the convention in Oklahoma City In
April to help form the national asso-
citation, and again in August, ana
also had representative at the
| Southwide conference on co-opera-
! tive cotton marketing called at Mem
| phis in April by the American Farm
| Bureau federation, which conference
went on record as endorsing the plan
of organization of the Arizona and
| other state organizations, and the
national plan as well.
| The local organization. therefore,
promptly allied itself with the Amer
| lean Cotton Growers exchange, the
national overhead organization COM
posed of the various associations,
| Just as the associations are composed
of the individual growers.
| Financing
The wisdom of this move was soon
demonstrated. An application had
been filed with the war finance cor
poration for a loan on an export
basis, the only basis upon which the
corporation could loan at that time,
but since little of our cotton was
exported, and since the prospect OF
exports this year were not strikingly
apparent in quantity, this applica-
tion was denied.
Meantime the other associations
In Texas, Oklahoma and Mississippi,
all members with Arizona in the ma
tional organization, needed money
also, over and above export financ-
ing.
a bill known as the agricultural
credits bill had been introduced, had
gone through the usual vicissitudes
and was apparently shelved. Thi;
bill was really the administrator
bill drafted by Hoover and Meyer
but it was not seeming to get any
where in particular.
At this critical juncture Carl VII
lians, president Of the exchange, the
counsel, Aaron Sapiro and c. O..
Moser. the efficient secretary, wen
to Washington and woke it up, anC
the result OF their labor was th'
passage of the bill.
Bright and early the next morn
ing after the bill was passed, thu
first application under 1t was filet
| | in behalf of the Arizona Pimacottoi
Growers by Dwight B. Heard ant
was soon granted. Under this loal
from the government the association
has financed it's cotton at s per cent
affecting a very material saving Il
interest.
A point not to be overlooked
that many associations other tina
cotton associations, and many farm
. ers and stockmen outside of associa
tions have been financed from tn
same fund, the enactment of whic