510 TWENTY-SECOND ANNUAL YEAR BOOK— PART VII 



again bring these things into a proper ratio or parity with each other as 

 in the past, the farmer will work out of this dilemma and will soon be on 

 the way to recovery. 



Two things I feel are necessary just now in order to win and that is 

 courage and optimism. We must keep up our courage and stay by the 

 old ship and we will finally win out. 



To all who in any way have contributed to the success of this organiza- 

 tion during the past year, we wish in this public way to thank you and to 

 express our appreciation of your helpfulness. 



And now, let us all thank God and take courage and take hold of the 

 tasks that lie before us as stalwart men and help balance up this old world 

 again and bring about normal and healthy conditions. 



I thank you. (Applause.) 



The President : I would like to call on Mr. Sar at this time for 

 a few remarks as president of the Co-operative Shippers. 



Martin E. Sar, President Iowa Federated Shippers : 'Mr. Presi- 

 dent and Members : I haven't prepared any address to submit to 

 this convention. Our Secretary, of course, has been doing prac- 

 tically all of the work for the Co-operative Shippers and has a 

 special written report which he will make at our Co-operative 

 Shippers' session. 



Probably a good many of the men here are large feeders and 

 carload shippers and haven't become affiliated with co-operative 

 shipping associations; but it is a new movement, somewhat, here 

 in Iowa. However, in ^linnesota and other sections of the coun- 

 try, it is a movement which has been going on for twenty years or 

 more and is a dominant factor in the live stock marketing, and in 

 Iowa at the present time it is growing at a tremendous rate, and 

 we hope, as the Committee of Fifteen states in their report, that 

 ultimately the co-operative shipping association will be made so 

 efficient that all live stock will be marketed thru that channel. 

 Certain concessions, of course, will have to be made to carload 

 shippers, because they feel that the rate which it is necessary to 

 make will have to be made low enough so that they can get returns 

 for that. 



To carry out any large program of marketing, you must have 

 some local organization thru which it should pass, only in a nominal 

 way, so that there may be some record when it leaves the point 

 of origin, which can be collected at the central point, either in the 

 state or at the central markets, or in some manner of that sort. 



I don't know that I have anything further to say, only we would 

 like to announce our resolutions committee, so that our members 

 and others, if they have resolutions which they wish to present, may 



