FOURTH ANNUAL YEAR BOOK — PART V. 213 



The President : I am going' to crave the indulgence of the 

 audience in the appointment of the committees. It is not nec- 

 essary to appoint any committee at this time excepting- the com- 

 mittee on resolutions; I will appoint that committee this evening 

 and the other committees prohahly tomorrow afternoon. T 

 would appoint on the committee of resolutions: H. J. Neitert, 

 Walker; H. R. \\'right, Des ]\Ioines; \A'. A. Smarzo, Mason- 

 ville. 



PRESIDENT'S ADDRESS. 



Mr. Chairman, Ladies and Gentlemen: It is not my intention to 

 detain you very long this evening with an address. The fact of the mat- 

 ter is I have prepared so many addresses for this occasion and Ijave 

 changed them so many times in order to suit the occasion. I really feel 

 that I stand before you without any address at all. but I want to refer 

 you first to the report of the treasurer that has just been read. 



To me it is very gratifying, and I know it must be to you. that 

 the Iowa State Dairy Association is in such a splendid financial condi- 

 tion. It has only been a few years — and a very few years indeed — 

 that this association has been either in debt or with a depleted treasury. 

 We had no money from one end of the year to the other. This last 

 year we carried over a surplus of $335 in the treasury, and the indica- 

 tions now are that we will have a larger surplus next year than we have 

 had in the year just past. 



It has been our aim and hope to hold, if possible, the amount of 

 money the butter sold for in the treasury; that is a fund that properly 

 belongs to the butter-makers. We really have no right to touch it, but 

 the butter-makers of Iowa, with their usual generosity, have never 

 raised a question when we were obliged to use their money (which we 

 have had to do almost every year), and w-e have always been able to 

 replace it and add a goodly sum to it by the time of the next conven- 

 tion. But, as I said before, it is our intention and aim. and I believe 

 it will be possible from now on, to hold this amount of money from one 

 year to another as we should. 



I want to talk to you just a few minutes about the progress that 

 has been made during the past year in both dairying and butter-making 

 in our State. It is gratifying to be able to look back and know, as I 

 d,o, that there has been some progress made during the past year along 

 (he line of butter-making. The farmers of the country are fast realiz- 

 ing this one thing, that as sure as they engage in dairying they are 

 sure of a profit. 



We are suffering in this State— the same as they are in others — 

 from the fact that there is too low a production from the individual 



