The Mankato free press. [volume] (Mankato, Blue Earth County, Minn.) 1879-1924, 1922-08-11
GRAIN GROWERS
HAVfyNfW DEAL
Reorganization Has Been Per.
fected; Board Is To Have
Control of Association

Reorganization or the United
States Grain Growers, Inc, under
the direction of Farm Bureau lead
ers, representing creditors, was an
nounced this week at Chicago. Els !
sentials In the new program are:
First: A new board of directors
upon which presidents Of nine mid
west Farm Bureau declarations will
serve. Among these, is ]. +. Reed
of Minnesota, who will give as much
time TO the work as his duties in
the state farm bureau federation
will permit.
Second: Reduction of overhead
expense at national headquarters by
placing the Chicago office in charge
of one person, a paid secretary.
Third: An advisory committee
made up Of eminently prominent
financiers.
Reorganization was completed
|Auguts and 5. Resignation of all
former officers and directors were
accepted.
declarations in Minnesota, Illinois,
Missouri, KansasN indiana, Iowa,
Ohio and Wisconsin, the secretary
VI IuC lO"d It I6QeTd-
ton and ten other farm leaders,
were elected to fill the vacancies.
These men will serve for a per diem
of $40.
Announcement OF reorganization
came shortly after meeting in St.
Paul called by Mr.. Reed, to consid-
er steps toward marketing the 1922
crop CO -operatively, If the U. S.
Grain Growers. Inc. was unable TO
function
Will Have Sales Agency
The meeting resulted in appoint
ment of committee Of five, headed
by Mr.. Reed, This committee was
instructed I'd take all practical
steps to put into the field sales
agency to serve farmers in Min
commissioner of agriculture, T. E.
eastman Of Owatonna, member Of
the Minnesota Farm Bureau feder-
atoms grain marketing committee,
T. H. Hagen of Lakeville, and H. c..
Lau, Minnesotan who had served on
the U. S. Grain Growers director
ate. will meet this week to hear a
report from Mr. Reed, who left for
Chicago Monday evening.
New officers of the U. S. Grain
Growers are: e. H. Cunningham,
president H. L. Keefe. vice presi.
dent, ]. NJ. Mehl, secretary and
Charles e. Gunnels. treasurer.
Mr.. d. Neil served as assistant to
Growers. Inc, since it's incorpora-
ton. Mr.. Gunnels is treasurer or
the American Farm Bureau fedora
ton. Secretary Mehl is to receive
salary of $4,000 a year This is
the only salaried position at the
national headquarters.
The board Of directors elected. an
executive committee Of three-Cun
ningham. Cowles. and Reed-and
vested in 1t broad powers.
An advisory executive committee
of three was appointed to advise on
question of finance and marketing.
UGH, financier. New York, Alexander
Legge, president of International
Harvester Company, Chicago, Frank
o. Wetmore, president of First Ma
tional Bank. Chicago.
Big Men AS Elk Officio Members :
Secretary of Agriculture Henry
&c. Wallace and Secretary of Com :
merce Herbert Hoover have been
| invited to, serve as ex officio mem
bers of the new board OF directors,
representing the public.
l. The reorganization OF the U. .,
Grain Growers, Inc. was erected
through the recommendations of the
midwest Farm Bureau creditors
committee. This committee con-
sists of Mr. Cunningham, secretary
OF the Iowa Farm Bureau fedora
ton. W. S. HIM, president of the
South Dakota Farm Bureau fedora
ton. and ]. w. Coverdale, secretary
rof the American Farm Bureau fed
Grafton. It was authorized on May
10 in a conference of the midwest
Farm Bureau presidents and secre-
taries.
On July 10, officers OF the United
States Grain Growers, Inc, submit
| ted to the committee written
| statement saying arrangements for
sales agencies had gone amiss;, I'VE
have nothing further to offer" the
statement said.
The officers therefore requested
the midwest states committee 70
undertake reorganization.