The Ordway new era., 1922-04-07
.mmittee Of Beet Growers Assc.
Confers with Officials Of Sugar Co.
hmm Tons of Beets for 1922 Must Be
Raised to Make Industry Safe

mptat
, Company Tuesday night with President, Mr. Carey
w President Mr. Abel and the Agriculturist Mr.. Close
| rs National Sugar Manufacturing Company. The Beet
, @ association represented Messrs. Edo Whitney w
rowe rover r Miller Charles Schroeder Claude Mattngy and
PW Miles The President of the Twin Lakes Investment
aonv Mr. w. L. Hartman, present by request.
M Abel gave statistics showing the working out of the go
,roct for 1921 which showed that in spite of the bad
.nrol and sugar conditions of 1921 the farmers would
tv receive under the 505O" contract between $3.50 and
ton The figures given by Nh Abel showed that the
sailing price of the companys product for 1921 TO
sant had been $47S bag The has still unsold
fifteen thousand bags, about onesiXth OF its entire 1921
t Mr. stated that if the company received for all
remaining sugar the net price which 1T was now getting Tor
rocc net selling price for its entire product would be
nnrimately $495 bag. The average amount OF sugar
& ner ton of beets during the 1921 campaign 2346
mmds onehalf which is 117.3 pounds nat if there
vas no further the price of the indications were
contract of 1927 would net the farmer between
5sO and S5 80 ton Mr. Abel stated that it possible that
III hotter results would obtained The initial payment
te "5O5O made at the time of delivery was $500
n and second payment of so cents ton made on
March The final payment will be made as soon as the re-
naming sugar Mr. Abel stated that as the re-
naming sugar sold the company would furnish to each
wer detailed statement showing the exact results and
Stated would then be glad if the Beet Growers associ
ton would appoint committee to over the statistics with
he auditing department of the company
Mr. Carey stated he felt that the members of the Beet
Growers association had Loyalty and faithfully met the coop
nhe spirit 5O-50 contract in 1921 One OF the re-
quits had been great saving of loss in beet ping IN
which the company and the grower shared equally under the
$3.50 contract and that he glad to believe it was the
ag growers themselves that the company its part
ed faithfully up its duties under the 5O5o contract
that the company had at the request OF the Assocl-
@ renewed the 5050 contract for 1922 with the natural
expectation that the farmers of Crowley County would furnish
he company with adequate supply of beets without wh
he 5000" contract bound to prove heavy loss to the
company Mr. Carey stated that because OF the consefv
tive equalization of the company and the economical and Ell
% operation of its plant the company was apie 10
make modest interest its capital and continue It's operations
obtained
een $4,000 and 10000 tons OF beets, winch required De-
ween 5000 and 5000 planted bees but that was
impossible for the company to live and maintain ITS efficiency
perform its public duties to Crowley county under the Ao
contract with smaller beet supply than $4,000 tons per
ear lie called attention the great losses made by the
mp in 1920 and 1921 which had entirely wiped out the
O@pys operating capital requiring it to greatly extend M
anklg credit and stated that if the company lost SUD
na amount of money in 1922 it would have hard ume
% uag at ALL He stated that the company had fully ahee'
" o 922 for $4,000 ton campaign and that IL was pre-
eu 10 make its usual advances to its farmers ana tha IL
tons beet could successfully stand up 10 m
O contract and bare living but that II the present
pg pagh resulted in low beet supply the oo-oo col''
% nave most unfortunate result upon the company "
In concluding his remarks MI. Cary said
i believe the relations which being estapllsheo
V@een the farmers of Crowley county and me sugar
mpany Under the $3.50 contract absolutely unique
ta history OF the beet business me opera'ion
t oo-5o contract in Crowley county has attac'eo AZ
h WI everywhere This is OF course, the cfltc''l year "
M history OF the contract and the company is uoing every
% It's power to make Of it; but II II aoes NOV
% u. m beet supply for the factory will necessarily
f 'aiufe and will be everywhere so regarded. .heie
M appeal with all the earnesness in my power 10 tie
h Aers oil Crowley county and to the landowners anu
eo men of Crowley county to to it tat we eel
r" acres OF beet contracts this 1t is fortunately
oo beet contract year. The basic price OF oeet sugar
w ay is $54O bag compared with $3.50 a bag whicn
Nv. sot 1or large part of 1921 sugar On SATURDAY
f .e spread between beet and sugar was feauceo
twenty cents to ten cents adding ten cents bag 10
PRICE OF beet sugar July refined sugar futures are
at s selling at $500 bag and September refined sugar