January 25. lai!) 



HARDWOOD RECORD 



24a 



No discount allowed on freight, whetiier or not prepaid. 

 All cash payments to be made in funds at par in federal reserve bank 

 region in which seller is located. 



Gbneral Contingency Clause 



6. Quotations are based upon and orders and contracts accepted under 

 a "general contingency clause," which recognizes that in case of strikes, 

 floods, flres, epidemics, inability to secure cars, delays of carrier, or any 

 other causes whatsoever beyond the control of the seller, shipments and 

 deliveries may be delayed until such causes and their effects have been 

 removed. 



Reinspection or Rbmeasueembnt 



7. In the event of complaint by the purchaser on the quality or inspec- 

 tion of material shipped, purchaser shall pay freight, unload shipment 

 and hold rejected or disputed material intact, properly protected, and shall 

 file complaint with seller within five days from receipt of shipment. If 

 complaint is on measurement, or both inspection and measurement, the 

 entire contents of car must be held intact. Payment of freight or invoice 

 shall not be considered as an acceptance of the shipment, nor shall such 

 payment work a forfeiture of the right to enter complaint and have adjust- 

 ment of same. 



Upon receipt of complaint from the purchjiser, the seller shall imme- 

 diately request the American Hardwood Manufacturers' Association to 

 provide reinspection or remeasurement, as the case may be, by one of its 

 licensed inspectors, according to the inspection rules of that association, 

 in effect at the time shipment in question was made. The purchaser shall 

 lend all reasonable assistance to facilitate the reinspection or remeasure- 

 ment. 



Certificates to be Issued by the said association, showing the name of the 

 seller and purchaser, and the results of the reinspection or remeasure- 

 ment : the original to be mailed to the seller, the duplicate to the purchaser. 



In the event either the purchaser or the seller is not satisfied with the 

 result of a reinspection be shall have the right to demand that a reinspec- 

 tion be made by the chief inspector. .\11 requests for a reinspection by the 

 chief inspector must be made within five days from the receipt of the 

 inspection certificate. 



Settlement Based on Reinspection or Remeasurement 



S. Such reinspection or remeasurement, when had, shall be final and be 

 binding upon both seller and purchaser. 



The purchaser shall accept all material of the grade and kind pur- 

 chased, and all of the next lower grade not in excess of five per cent of 

 the total quantity invoiced, and shall pay for said degrade at current pro- 

 portionate price. All degrades in excess of five per cent shall be the proi)- 

 erty of the seller. 



The inspection rules committee is in correspondence with the Na- 

 tional Retail Lumber Dealers' Association anc^ various branchea of 

 the consuming trade with a view to determining what the require- 

 ments of these interests are as a means of building up a scientific 

 system of inspection. This is part of the plan of the American Hard- 

 wood Manufacturers' Association to protect, as far as possible, the 

 interests of the consumer as the most important factor in the hard- 

 wood trade next to the manufacturer. 



There will be another meeting of the inspection rules committee in 

 Memphis about Feb. 1. 



Indiana Hardwood Men Meet 



The Indiana Hardwood Lumbermen 's Association held its twentieth 

 annual meeting on January 16 at the Claypool hotel, Indianapolis, 

 when twenty-seven new members were initiated and officers for the 

 following year were chosen. The oflScers were: 

 President — Walter H. Crim, Salem. 

 First Vice-President — George H. Palmer, Sheridan. 

 Second Vice-President — II. B. Sale, Fort Wayne. 

 Sbcretary-Tebascrer — Edgar Richardson, Indianapolis. 

 The names of the new members who joined the association follow: 

 W. H. Cook & Co., Warsaw ; T. H. Coffman Lumber Company, South 

 Bend; W. B. Durnil Company, Hardinberg ; Myron Freeland, Greensburg ; 

 Goshen Veneer Company, Goshen ; Herdich & Lemon, Lebanon ; Malott 

 Lumber Company, Sweeter ; L. J. Meeks, Muncie ; W. J. Roach, Indian- 

 apolis ; John P. Secrest, Laurel ; White Wood Products Company. Crothers- 

 ville ; Carlson Hardware Company, Seymour ; Capital Veneer & Timber 

 Company, Indianapolis ; Tyndall Lumber Company, Hartford City ; P. S. 

 Mace Company, Terre Haute; South Side Lumber Company, Kokomo ; 

 F. C. Mitchell, Mitchell ; Thomas Piercefield, Columbus ; W. G. Stutz, 

 Zionsville ; V. C. Talbert, Indianapolis ; W. J. Steele Lumber Company, 

 Martinsville ; North Vernon Lumber Company, North Vernon ; H. W. 

 Miller, Warsaw ; G. H. Dickerson, Terre Haute ; Wiley Payne, Salem ; H. H. 

 Phillips, Pekin, and St. Joe Valley Lumber Company, South Bend. 



Addresses were made by Charles A. Goodman of Wisconsin, presi- 

 dent of the National Hardwood Lumber Association; John W. Mc- 

 Gure of Memphis, vice-president, and Frank F. Fish, secretary, of the 

 same association; Lieutenant-Governor Edward D. Bush of Indi- 

 ana; Fred Sims, member of the Indiana board of tax commissioners. 

 The annual address of President Crim was replete with valutible 

 suggestions and sound advice regarding business and business methods 

 in the near future, and he warned his hearers that some of the peace 

 problems are harder to solve than some of the problems of war. 



Mr. Sims devoted most of his address to questions relating to the 

 proposed new tax law, which he said was different from the present 

 law in that it was iotended to equalize taxes, and that it would not 

 increase the tax rate, but it would actually lower taxes. 



A number of reports were read during the business session of the 

 association, among them being that by H. B. Sale of the committee on 

 conditions of trade. He insisted that the cutting of prices woiild 

 prove to be a very harmful policy. 



Daniel Wertz of Evansville, chairman of the committee on inspection 

 and rules, reported merely that the association continued to af&rm the 

 rules of the National Hardwood Lumber Association. 



Frank R. Shepard of Indianapolis, chairman of the committee on 

 transportation, made a brief report on freight rates. 



The report of the committee on resolutions, as presented by WUliam 



H. Day of EvansviUe, included a resolution similar to that recently 

 passed by the Southern Hardwood Traffic Association, opposing Fed- 

 eral operation of the railroads beyond the twenty -one months' period 

 after the signing of the peace treaty, as the present law provides; but 

 favoring increased authority for the Interstate Commerce Commission 

 over the carriers after return to private control. The resolutiona en- 

 dorsed two bills now before the Indiana legislature providing for 

 extensive highway improvements. 



Frank M. Smith, secretary of the Indiana Manufacturers' Associa- 

 tion, addressed the convention on the problems of readjustment. He 

 went into many phases of manufacturing which have not been com- 

 monly touched upon, the enormous mass of matter which has appeared 

 in print, and which has come out in addresses having to do with the 

 problems of readjustments. 



J. V. Stimson of Huntingburg, chairman of the committe on reso- 

 lutions, offered a resolution urging good roads on the state legislature, 

 which is in session. As a result of a more comprehensive resolution 

 later presented by the new resolutions committee, which was appointed 

 at this meeting, and which also recommended a system of good roads, 

 Mr. Stimson withdrew his resolution and seconded the newer one, 

 which was accepted. 



Edgar Richardson of Indianapolis made a report as secretary-treas- 

 urer which showed that the association is in a sound financial condi- 

 tion and is otherwise flourishing. 



The only jarring feature of the meeting occurred when a porter let 

 fall a large punch-bowl which was about to be presented as a token of 

 esteem to Frank Shepard of Indianapolis. The tremendous crash and 

 the tinkle of scattering glass made it clear that the bowl would never 

 again hold punch, while some of those present felt like giving a pvmch 

 to the porter who dropped it. 



\ Export Corporation Organized 



On January 10, at a meeting held in Philadelphia, steps were taken 

 which led to the organization of the National Bureau of Wholesale ~ 

 Lumber Distributors' Export Corporation with a capital stock of 

 $100,000. The meeting was attended by the executive committee and 

 more than forty members of the National Bureau of Wholesale Lumber 

 Distributors. 



Louis Germain of Pittsburgh was chairman of the meeting, and the 

 business of organizing for export business was taken up, after the 

 chairman had 0"tUned the work already done and waiting to be done. 



