Atlanta tri-weekly journal. [volume] (Atlanta, Ga.) 1920-19??, 1922-01-28

| AS SOOU DIS we ICCG1NC ILLS AIPOA I
from the. secretary of agriculture we
expect to call a statewide meeting
formally to launch the market fed
eration," said Mr.. Adams.
| Mr.. Adams exposition of the mar
ket federation scarcely was more IL
Illuminating than his discussion of the
banking business in general, call
| ing upon all classes of Georg1ans to
help themselves by encouraging per-
sons who are boarding their money
to bring it into use by utilizing the
| banks Of the state.
Feature of Conference
Mr.. Adams address was one of
| the principal features Of the entire
conference. Coming as 1T did after
a splendid address by w. c. Las
setter, editor of the Progressive
Farmer, on cooperative Marketing
of Farm Crops" in which he stressed
| the need of cooperative marketing,
| Mr.. Adams address made deep
| impression on the more than eight
hundred delegates from throughout
the state in addition to the county
agricultural agents. On the discus
sion Of the address last night, the
consensus of opinion strongly IA
NOEGu ill VI 0dSAA cbo IAAS
farm market federation in order that
county associations may become
members and sell produce through
it to eastern and northern markets
without having to bear the overhead
expense that would necessarily be
entailed if they were to try to travel
the way alone.
Outlines Plans
After reading the prospectus of
the Georgia Farm Market fedora
ton, and recounting the history of
its development thus far, Mr.. Adams
outlined his ideas Of how the organ
ization will operate, as follows:
1. Advocate and promote uniform
seeds in. given communities in>order
that quantity production and ship
ment may be had through co-opera-
ton.
2. Encourage the establishment of
proper storage and packing facilities,
including elevators, potato houses,
packing houses, cold storage plants,
etc.
8. Urge the keeping of high-grade
cattle, swine and poultry on every
farm.
4. Promoting the establishment of
creameries as rapidly as the cream
production will warrant, having due
regard to the danger of creating
more facilities than can be profitably
utilized.
s. Seeing that the producers have
ample facilities for having their
products properly graded in order
that they may secure the benefit of
the best market prices.
s. Promulgating information as to
prices, state of the market and 9TH
er information of value to it's mem
bers in producing and marketing
their products.
Z. Establishing uniform brands for
various Georgia products and adver-
Using them for the purpose OF Gre
ating general markets for same.
s. Endeavoring to create a feeling
of regard for our Georgia products in
the minds of the consumers In other
parts of the country rather than an
tagonize them Through threats Oh
boycotts or producers strikes Whlch
would be expensive to the producer
as well as announcement to the con-
sumer.
Classes of stock
Mr.. Adams emphasized the fact
that the plan for the organization
| of the Market federation PROVIDES
for both common and preferred stock
which, in time, he saids might pay
dividends. =
'"The capital derived from the COM
mon stock will be used to carry on
the general purposes of the fedora
ton, largely in promoting and pl-
oneering work." explained Mr..
Adams, "and the prospects for divi-
4 oOAn ND
purchase of the common stock i'm
mediate purposes should be cons1d-
cred q donation.
"The preferred stock will be used
| to establish particular enterprises at
central points, such as necessary
elevators, warehouses, etc., to diVi-
dends in each issue of the preferred
stock to come out of the earnings of
| the particular enterprise it repre-
| sents."
Mr.. Adams made it clear that
while thee Farm Market fedefation
| was inaugurated by bankers, chiefly
the organization will in no sense be
bankers movement.
1.-THE organization represents an
earnest effort" he said, ''to bring
about a closer degree of co-ordina-
ton between our financial and COM
mercial interests, on the lone hand
and our great agricultural interests
on the other.
$50 far as I am able to learn" he
continued, @"the organization is
unique in that it represents for the
| first time a serious effort to bring
| the farmer and commercial business
man together into one common, eff
fective organization, where each may
use his talents ard abilities for the
common good of ALL"
Purpose of Bankers
THE purpose Of the bankers in
taking up the proposition of promot-
ing better markets for farm prod
ucts other than cotton is to promote
the general prosperity of the entire
state. They realized that our de-
pendence on a single money crop
had brought us to the point where
no one could fail to recognize the i'm
possibility of permanent prosperity
on that basis. They had also learn
ed that there were not sufficient ia
| qilities for marketing other crops in
| Georgia and no uniform basis of
preparation of such products for the
markets. They further realized that
the bankers were in better position
than any other class of business men
to promote the general good along
these lines without facing a suspi-
cion that they were trying to ex-
plot the agricultural interests for
they own benefit.
"It is true they expect to bene-
fit, but only in the measure by which
the general prosperity of the entire
state is advanced. They realize that