The Richmond palladium and sun-telegram. [volume] (Richmond, Ind.) 1907-1939, 1922-06-19

So much interest attaches to the
statements coming from the offices
Of the U. S. Grain Growers at Chicago
right now at harvest time, that we
are glad to be able to announce a i
long letter from the officials of the as
sociation. This letter, dated June II,
was received by The Palladium on
Saturday, 18th. This was a bit late,
ldging from the dating, but that does
not affect the value of importance
of the news given out Extracts from |
the Grain Growers letter, follows:
CHICAGO, ILL.,, June "Details Of
all arrangements for marketing grain
Of more than $4,000 members of the
.. S. Grain Growers, Inc, have been
agreed upon and announcement of the
consumation of the necessary legal
procedure and opening of offices on
some terminal grain markets may be
expected momentarily, according to a
statement authorized by officers of
the farmers cooperative grain market
ing company today.
"a terminal marketing organization
which will be able to condition and
and terminal sales company, hold
ing memberships on principal grain
exchanges, constitute the basis of the
selling arrangements Farmers eleva
| tors will be given the first opportuni-
| ty to buy the voting and interest-bear-
| ing stock in the sales organization.
| Opening of sales offices will not be
| delayed, however, until this stock is
purchased but it will be offered to
| farmers elevators affiliated with the
| U. S. Grain Growers Inc, after the
selling organization is in operation.
An outstanding and responsible man,
recognized as al exceptionally good
grain merchandizer and whose record.
is entirely free from any speculative
! ventures in the grain market will have
charge of the sales in the first offices
opened for the Grain Growers. All
of these details have been agreed up
on and are being written into formal
contracts and agreements, the full de-
tails of which will be announced only
when the papers have been executed"
Warns Against Impotence
Eve cannot expect all of our CO.
! workers and farmer members in the
field to understand the tremendous
amount of work necessary to complet-
ing our selling arrangements" said
c. H Gustafson. president of the farm
ers' company, ct is quite natural that
many have become impatient. Criti-
cisms which have been made were
anticipated. We can only reply with
the assurance that we are proceeding
with as much haste as safety, perma-
neEcy and protection of the interests
of our members will allow. We have
refused to take a step which could
not meet that test. When the final
announcement is made, within a short
time, we are sure that all farmers who
have a practical viewpoint on cooper
alive grain marketing will be satisfied
with the machinery which is made
available for their use"
The Gist of the Letter
The letter to-hand covers much
space but the matters vital to the
organization at this time are given in
the opening chapter, as above. The
communication touches on matters oc-
curing as far back as the last week
in May One of these statements,
dated at Fargo, n. D., May 81. is o.
importance to the organization. This
information does not cover any indie
pendent pools or pooling, so much ag-
I
only to the action taken on the part
of the Grain Grower membership in
that state, as a State Unit"
The Fargo letter reads as follows:
North Dakota membership of the U,
S, Grain Growers Inc, will not make
independent arrangements for the
sale of grain until the parent organiza-
ton had had ample time to put the ma
! Mo int Icrh
! the U. S. Grain Growers sales COM
pany, it was announced here, follow
ing a meeting of representative grow.
err members in North Dakota
A number of names was signed to
that letter. AS a matter of fact the
membership of the Grain Growers in
the two Dakotas is but a handful
: compared with Iowa, Illinois, Ohio
Indiana and Nebraska, the heart OF
the whole Grain Grower proposition
at this time
A Sensible Conclusion
A number of our farmers who have
i discussed the growth of the Grain
Growers membership at various
times, have expressed themselves
very much in accordance with the
following statement in the letter from
which we have been quoting. This
paragraph reads:
st is the opinion of officers thai
! only minor attention will be given to
furthering organization activities o.
, the association at this time. Detailed
and finished arrangements for hand
ling the volume of grain already un
+ der contract is regarded as the pr
mary problem. 1t is believed thai
further development of the member
ship of the association will take care
7 of itself, when the organization is able
D to handle the existing volume of graiT
under contract in an efficient and sat
+ isfactory manner"
Junior Jersey Championship
/ Raleighs Sal, owned by Joe P. Ice
S and Son. Mt. Summit, Ind, produced
9,1S7 pounds of milk and 534.9;
pounds of butter fat, starting test a
three years and one month of age
: thereby breaking the Indiana junio1
three-year-old state championship, tn,
D American Jersey Cattle Club announ
t ces. BY producing 1855 pounds Q
/ milk and 1888 pounds of butter fat
starting test at three years and tw,
months. The Owls Mag exceeded tn,
s record made by Raleigh's Sal and /
the latest Indiana champiou i1lnio