The Washington herald., 1922-06-26
FARM MARKETING
BODIES BALK AT
ABIDING BY RULES
Grain Growers, Inc, and
Co Operative Assns.
Want Special Benefits.

CHICAGO, June 25.-The grain
exchanges. the United States Grain
Growers. Inc. and the Cooperative
Associations, and the Farm Bu-
reau Federation are not making
progress in getting together for
their own benent or for the best
interests of the farmers. The trou-
BILE is with the Grain Growers
Company. the farm bureaus. which
apparently know little about the
grain business. the actual opera
ton Of the exchanges. and the
ethics of doing business on real
business principles. Their leaders
have peculiar ideas Of their own
and are trying to force others to
adopt them.
A great deal IL being said about
the Grain Growers applying for
membership in the Chicago and
Minneapolis grain exchasges, but
So far no concrete move is appa-
rent other than the offer of B. r.
Hales, a member of the Chicago
Board of Trade, president of the
Northwestern Malt and Grain Com
pany, to lend the Grain Growers
$4,000 and become a stockholder.
Were the Grain Growers officials
to go to the exchanges in a proper
way and apply for membership and
abide by the rules, II is intimated
by exchange officials that they
would be admitted the same as any
other applicant.
Want RuIes Suspended.
The Equity Society months ago
secured a member Of the Kansas
City Grain Exchange to handle
their business. who II Is understood
has managed 1t unsatisfactory so
that losses have resulted. An official
of the United States Grain Growers.
Inc, is said to have gone to a men,
ber of the Kansas City exchange
and offered to give them business
with the understanding that there
were to be rebates regardless of
the exchange rules.
The latest move Is an arrange
ment between the Farm Bureau
Federation and the Grain Growers.
Inc, to have the federation back
the United States Grain Growers
Inc, with its grain selling plan
The latter proposes to sell grain
on the exchange and make con-
tracts direct with consumers
Large buyers of grain naturally
would prefer to trade with inter
ests who can be relied upon, and II
will take time for the Grain Grow
ers to establish a trading reputa-
ton.
The Chicago Producers Commits
sion Association, a new co-opera-
tive live stock commission COM
pany. is the Chicago representative
of the National Livestock Produc-
ers' Association, which has opened
for business here this week and
has received a few carloads of live
stock. 1t is doing business In COM
petition with the regular livestock
commission houses. As to the
handling of business by the Coop
erative selling agencies, there is a
question In the minds of the trade
which has not been demonstrated,
but will take considerable time;
that is, Can they do business
cheaper than the regular commits
sion houses which have been es-
tablished for years and are well up
in all details?
The simplest plan which Is sug-
gested by those who have studied
the cooperative movement would
be for the formation of a stock
company which would declare reg
ular dividends the same as other
corporations rather than operate on
the profit-sharing plan dependent
upon the amount of business fur
nished by the Individual shippers.