Shenandoah herald. [volume] (Woodstock, Va.) 1865-1974, 1922-10-13

as chairman, J Sykes, yica, ehairmal, and
Irofes or II. ", Munlford as secretary.
| treasurer. Appointed January 8, 1921, it,
| first meeting February % and "a. -
These men who undertook to formulate
plans for the relief of the live stock pro-
ducers represented every important inter
est in the live stock business In the United
! tSates. More than half of the members
/ represented the Corn Belt group Of states
WIKI its cattle, hog and sheep-feeding
| industry. Other members represented
| the great ranges of the west and south
west, the feeder industry of the North
west and the growing business Of the Eas.
After months Of study and investigation.
the Committee Of IS reported tc the Presi-
/ dent of the American Farm Bureau FEEDER
alton that it was ready to make its report
and asked that National Live Stock
/ Conference be called This conference
was called on November 10, 1921, and
! the report Of the Live Stock Marketing
j Committee presented. 1t was unani-
/ mousiy adopted with the addition of only
d single amendment, and that was of very
minor importance. Delegates from fifteen
states representing all of the important
I farm and live stock organizations in the
United States pledged their aid to the
early cstas!isllmcnt OF the cooperative
program.
The Cardinal Features.
The cardinal features Of the plan provide
fer the cooperative marketing of hogs,
cattle and sheep by the farmers them
/ selves, cooperative live stock commission
companies or associations at terminal
stock:ards, terminal stocker and feeder
companies, cooperative shipping associa-
tons and National Live Stock Producers
Association. The cooperative commits
sion companies are to function much as
the old line companies, with the essential
difference that commission rates will be
i established on a cost basis. Regular COM
mission rates are charged, but where serv-
ice can be rendered for less than existing
rates, the balance is related to the patrons
on d patronage dividend basis.
The funds for the establishment Of the
terminal commission association and the
allied stocker and feeder companies come
from memberships sold to cooperative
live stock shipping associations and to
individuals One membership entities
men bers to participate in the benefits Of
both the Terminal Commission Associa-
non and the National Live Stock Pro
ducers Association. The member Of
any Terminal Commission Association is
also entitled to do business with and share
patronage dividends Of any other terminal
commission association which he may
patronize
Only Raisers Eligible.
Only actual stock raisers eligible for
membership. The membership fee for
individual live stock producers not mem.
hers Of d cooperative shipping association
or members OF live stock shipping associa-
tions who ship their stock to market, is
$40 The minimum membership fee for
a Cooperative live stock shipping associa-
ton is 5000, where the association does
a business Of fifty cars or less annually
/ Al association shipping more than fifty
/ cars annually pays 50 cents for each car
in addition to the first fifty cars. The
volume Of business determining member
sLp will he rechcned on the 1921 business,
and payment Of all fees entities the holder
70 lie membership AS soon as sufficient
surplus and reserves have been accumu-
lated ali membership fees will be returned
he first Board of Directors Of the
National Livestock Producers Associa-
ton was appointed by the Executive
! Committee Of the American Farm Bureau
Federation as follows:
Harry G. BeaIe. Mt. Sterling. Ohio ]
E, Boos-Scott, Coleman, Texas; J, G.
Brown. Monon, Indiana; Chas. E, Col
Inns, Kit Carson, Colorado; E. H, Gun.
ningham, Des Moines, Iowa; Henry H
Park, Genoa, Illinois; Howard NJ. Gore
+ CIarksburg, West Virginia; Hugh Sproat
Boise, Idaho; o, 0. Wolff, Ottawa, Kan
sas.
officers Elected.
This Board held its first meeting or
/ December Is, % and 80, at which the