Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1924-01-16

If the Maine Farmers Exchange
could depend upoI it's unions to
make all their purchases from it, the
Exchange would at once have a VOL
ume OF business large enough to
make it the biggest buyer OF grain
IN the State and the management
could devote its whole energy to the
study OF markets so as to make its
purchases to the best advantage, de-
clared Benjamin L. Hamilton OF
WATERFORD, president of that organ
ization, at the annual meeti- of the
stockholders held Tuesday in the
Senate Chamber at the State House
Nearly all sections of the State
were represented and the affairs OF
the organization were given thorough
discussion, the progr, n of the after
noon including a list of most prof.
table addresses. The officers pres
ented reports for the past year which
were placed Cn file.
The stockholders reelected George
F.. Bartoll of Freeport, secretary, and
elected the following board of di-
rectors. one member for each county:
| AndroscOggin, Fl. G. Harlow of Buck
field: Aroostook. George Stone OF
Fort Fairfield; Cumb orland, George
+. Bartoll of Freeport: Franklin
George II. Thomas of Pennington;
Hancock. Fred +. Milliken of Els
worth: Kennebec, A. w. Black OF
Winthrop; Knox, Walter Swift OF
Thomaston: Lincoln, X. j. Sulkr
of jefferson: Oxford, c. w. Buck OF
Norwy: Penobscot, F. A. Potter OF
Bangor: Piscataquis, +. j. Speed OF
Bowdoinham: Somerset George T.
Tibbetts of Hartland: Waldo. Z. NJ
Conant of Win crport; Washington
f. S. Hill of Machias: and York. l.
T.. Hamilton of WATERFORD.
The directC.s of the Exchange
elected the following officials: presi-
dent. b. =. Hamilton of WATERFORD;
vice president. G. Fl. Thomas of Far
minGton: clerk, George F.. Bartoll OF
Freeport; treasurer, Il. J. Speed OF
Milo; executive board-Messrs. Ham
ilton, Thomas, Bartoll, Speed, and
T.. S. Hill of Machias.
Report of Manager
a. Il. Clement of Portland, man.
ager of the Exchange. reported that
the organization at the close Of its
second years business is in posi-
ton to serve the farmers of Maine
better than ever before. He told
the delegates that the WATERFORD
plant Is now equipped with electric
ity and new corn grader will soon
be installed. With a few changes in
elevator capacity, the plant will be
equipped to compete in point of ser
vice and quality with any concern IN
Maine. The E:;chanC9 has bookings
for grain amounting to many thous-
ands of dollars ready for spring de-
livery. and service better than ever
before is prOmiSed.
THE fertilizer deal this year is full
~ as attractive as in two years past
in point Of price. and much more so in
point of service" said Mr.. Clement.
ut is felt. however. that the prog
ress Of the Exchange has not been in
| Dictated both by increased volume and
better business relations between
firms from whom they purchase mer-
| chandise and also by the development
of a truer cooperative spirit between
the Exchange and the leading bust
ness men of the state as represented
by the State Chamber of Commerce
1.-THE State Chamber of Commerce
recently appropriated the sum OF
$1,000 which was placed in the hands
OF the Exchange to be spent by it for
the development of cooperative mar
keting organizations.
1.-The fact that the Maine Farmers
|. Exchange was chosen as the agency
through which this money is to be
expended indicates the confidence OF
these business men IN the methods
adopted by the Exchange in promot-
ing cooperation among the farmers
The commodities indicated were hay
Continued on Page 5. Col. 81