Iowa County democrat. [volume] (Mineral Point, Wis.) 1877-1938, 1922-06-29


Professor Fl. W Mumford as secretary
treasurer. Appointed January 5, 1921. lin
first meeting February Is and a.
These men who undertook to formulate
plans for the relief of the live stock bro
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
with 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 East.
After months of study and investigation.
the Committee of is reported to the Presi-
dent of the American Farm Bureau FEEDER
alton that it was ready to make its report
and asked that a National Live Stock
Conference be called. This conference
was called on November 10, 1921, and
the report of the Live Stock Marketing
Committee presented. 1t was unani-
mously adopted with the addition of only
single amendment, and that was of very
minor importance. Delegates from fifteen
states representing all of the important
farm and live stock organizations in the
United States pledged their aid to the
early establishment of the cooperative
program.
The Cardinal Features
The cardinal features Of the plan provide
for the cooperative marketing of hogs,
cattle and sheep by the farmers them
selves. cooperative live stock commission
companies or associations at terminal
stockyards, 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
established on 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 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
members to participate in the benefits of
both the Terminal Commission Associa-
ton 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 men,
bers of 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 $4,000, where the association does
a business of fifty cars or less annually.
An 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
ship will be reckoned on the 1921 business,
and payment of all fees entities the holder
to life membership. AS soon as sufficient
surplus and reserves have been accumu-
lated all membership fees will be returned.
The first Board of Directors of the
National Livestock Producers Associa-
ton was appointed by the Executive
e %ka
Federation as follows:
Harry c.. Beale, Mt. Sterling, Ohio: J.
E. Boog-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 M. Gore,
Clarksburg, West Virginia; Hugh Sproat,
Boise, Idaho; o. o. Wolff, Ottawa, Kan
SaS.
Officers Elected.
This Board held its first nesting on
December %, 20 and 80, at which the
following officers were elected: ]. G.
Brown, Monon, Indiana, President; Chas.
E. Collins, Kit Carson, Colorado, Vice
President; E. H. Cunningham, Des
Moines, Iowa, Secretary Treasurer.
The National Board decided at their
first meeting to begin at once the estab-
fishing of cooperative live stock commits
sion associations at St. Louis, Chicago,
Indianapolis, Cleveland, Detroit, Buffalo
and Pittsburg, and to seek arrangements
with farmers cooperative commission
companies already established at other
markets whereby all will unite under the
National Plan.
st. Louis First.
The first of the Terminal Commission
Associations to be organized under the
National Plan was the Producers Live
Stock Commission Association at the Ma
tional Stockyards (E. St. Louis), Illinois.
It opened for business on January End and
at the end Of the seventh week of business
reached first place among the fifty COM
mission firms doing business on that
market. All of the directors Of the COM
go e. ,,,I/> live r., The <arr;f0~,,