Askov American. [volume] (Askov, Pine County, Minn.) 1914-current, 1936-02-20
MANY ATTEND
COOP MEETING
Continued from Page IL

public officials. He really put the
blame upon the people of the country.
Public debt" he says, has increased
in the last five years because the pub
lie has not only permitted but de-
manded its increase. Great financial
and banking institutions implored the
aid of the federal government. Rail-
roads demanded help. Home owners
demanded money. Farmers said that
they should have interest rates at
tainable only through the operation
of public finance. Communities have
reached for money. Local govern
ments have sought federal taxes for
public improvements for which. under
used their own funds. The increased
national debt is burden which the
people of the United States have in
flicted upon themselves"
In regard to the relation of public
debt to our future generations, Mr..
Rossman pointed out that we have
no obligation to generations yet UNI
born. I'VE have no right to take the
food and sustenance from our govern
ment today and ask the next genera
tion to pay for it." he said I'VE
have no moral right to pledge pos
terity to do those things which we
have not had the courage and the
character to do ourselves. We have
no right to cut the timber. to drain
the oil, to smelt the minerals of
America and leave to the next gene
ration staggering burden of pri-
vate and public debt and smaller re-
sources with which to meet it.
Tells OF Coop Growth.
Frank w. Peck, who has been Co
Operative Bank Commissioner, Farm
Credit Administration, Washington,
u. c., since its organization two years
ago. and who is now back on his pre-
viOus job as director of extension at
the University of Minnesota, gave
Central stockholders sound advice in
maintaining and improving cO-opera-
tives in the future.
"Minnesota's farmers led the nation
in cooperative effort last year, ac-
cording to figures made public in
Washington, ID. c., which disclosed
that 1872 per cent of all the farm
marketing and supply-buying co-ops
in the country were located within
the state. The number of such assO-
Citations in Minnesota was placed at
1,416 out of 10000 throughout the
country. Their volume of business,
estimated at S122,45O,OOO during the
year, was 8 per cent of the S1.513.-
100000 transacted by farm co-Opera-
tives in the United States. The Min
nesota membership of individual
farmers overshadowed that of any
other commonwealth. The total mem
bership of all co-Operatives in the
country was estimated at $3.50, 900"
st. Paul Editor Talks.
agriculture and National Affairs"
was the topic on which r. J. Dunlap
managing editor of the ST. Paul Dis
patch and Pioneer Press, addressed
the Central annual meeting. View
ing the situation from newspaper
standpoint, Mr.. Dunlap pointed out
that it was his daily task to spread
before the readers of his paper not
only the news of today. but to assume
leadership and direction in that
which most benefits the commune
ty as a whole.
I'VE must, to the best of our abili-
ty. interpret honestly and fairly the
meaning of movements though they
be political, economic or what not. In
its nature, the newspaper, to best
serve the community, must pursue ag-
gressive policies which support the in
terests of the district it serves. in
Minnesota the greatest source of ba-
sic income is the farm. 1t is essen
tial, therefore, that any newspaper in
this state or any other state composed
of an agricultural population must
support agriculture aggressively."
In pointing out the Importance of
the agricultural industry in Minneso-
ia. Mr.. Dunlap stated that this state
is the second largest producer of dali
ry products in the entire country. 1t
produces the finest butter in the
world and the production of dairy
products alone is greater than the
production of iron ore. In fact, he
pointed out that the income from any
one of the major farm crops compares
favorably with the income of iron
ore.
1.-The normal total value of farm
crops produced in Minnesota annual
ly is three-quarter billion dollars
While this figure is impressive and
/ ShOwS tha praaf ioDor<onoo of orr;
cultural production to the prosperity
Of the state, we must not be carried
away by figures showing the large
crops raised or the large gross in
come"