Page Four 



THE I. A. A. RECORD 



THOUSANDS GET READY TO 



I. A. C. A. Now Has i 



222 Member Co-ops 



WHEN the Illinois Agricultural Co- 

 operatives Association, the state 

 audit service formed by the I. A. A. 

 more than three years ago, gathers 

 for its Fourth Annual Convention at 

 Rock Island on Wednesday, Jan. 18, 

 it will report a membership of 222 dif- 

 ferent cooperative associations and 

 farm organizations, about half of which 

 are farmers' elevators. 



The I. A. A. audit service has been 

 carried to practically every county of 

 the state and in three years has grown 

 steadily until today it requires a staff 

 of expert accountants in the field the 

 year 'round. 



The opening address of the annual 

 meeting will be made by President 

 George L. Potter, and after the reports 

 are made, open discussion will follow 

 on questions of vital interest to the 

 membership. 



Natural Fiscal Year « 



An attempt is being made by busi- 

 ness organizations throughout the 

 country to substitute natural fiscal 

 years for the present system whereby 

 the fiscal year is made to correspond to 

 the calendar year. The calendar year 

 closing, it is said, works a hardship on 

 the accountant and is not suited to cer- 

 tain kinds of business, the operations 

 of which are seasonal, such as farm- 

 ers' elevators. It is suggested that the 

 fiscal years of such companies should 

 correspond to the crop year. 



Uniform accounting systems for all 

 companies of a like nature also will be 

 discussed. The accountant finds that a 

 standard method of keeping accounts 

 simplifies bookkeeping and auditing 

 and makes easier comparative analysis 

 of similar businesses which are of ex- 

 treme value in revealing profitable and 

 unprofitable business practices. 



Baseball Officials 



Get Ready For 1928 



Annual Meeting Farm Bureau Baseball 



League Set For Wednesday Morning, 



Jan. 18 



WHILE there will be no spectacular 

 trades and deals for stars and 

 heavy-hitters announced at the an- 

 nual convention of Farm Bureau Base- 

 ball League officials in January, there 

 may be some interesting discussions 

 of eligibility rules, scheduling of 

 games, and deciding championships 

 when President Cline of Cass County 

 orders the assembly to play ball. The 

 meeting is called for 9 :00 a. m. in the 

 Ft. Armstrong Hotel. Farm baseball 

 in 1927 was marked by poor playing 

 conditions caused by unfavorable 

 weather early in the season, but the 

 large number of post-season gfames 

 more than made up for the loss of time 

 in May and June. 



Many new counties brought out 

 teams to play at annual picnics for 



the first time and some of these 

 hurriedly-assembled nines looked prom- 

 ising enough to give the old-timers a 

 rub for honors in the coming season. 



The entry of Southern Illinois coun- 

 ties into the League last season prom- 

 ises to bring about a realignment of 

 schedules and the possibility of two 

 large divisions in the State League. 

 In this event, the Northern Illinois 

 champs would play the Southern Illi- 

 nois winners for the annual state 

 championship. 



The question of eligibility, the most 

 popular one which ' makes its appear- 

 ance each year, is scheduled to come 

 up again. Sharp division of opinion 

 over the eligibility of players other 

 than those living' on and operating or 

 working on farms was expressed. 



Federal Farm Loan 



System To Be Aired 



President of St. Louis Federal Land Bank 

 To Address Meeting Friday A. M. 



TEN Years of the Federal Farm 

 Loan System" will be the subject 

 of an address by H. Paul Bestor, presi- 

 dent of the St. Louis Federal Land 

 Bank when he talks before delegates 

 and visitors in the Ft. Armstrong 

 Theatre, Rock Island, on Friday morn- 

 ing, Jan. 20. 



Mr. Bestor is one of the best in- 

 formed men in the entire federal farm 

 loan system. His comments will be 

 unusually interesting in view of the 

 criticism from certain quarters which 

 followed the appointment of Eu- 

 gene Meyer as chairman of the Fed- 

 eral Farm Loan Board. 



The System is alleged to have been 

 dominated by the Secretary of the 

 Treasury to the disadvantage of farm- 

 ers for whom it was created. Secre- 

 taries of the many local farm loan 

 associations, and farmers who hold 

 federal loans will be particularly inter- 

 ested in hearing the address of Mr. 

 Bestor. 



Plowboy Quartet And 



College Band Booked 



THE famous Plowboy Quartet from 

 the farm implement factories of the 

 Tri-Cities, and the Augustana College 

 band are special musical features that 

 will help entertain at the Rock Island 

 convention. Music will be sprinkled 

 amongst the speeches and discussion, 

 and Farm Adviser J. H. Checkley from 

 Logan County will be on hand to open 

 up with a "Hello, etc." or a "Hail, Hail, 

 the gang's all here," on the slightest 

 provocation. 



Activities of the Illinois Agricultural 

 Association in 1927 will be presented 

 in a 72-page report which will be oflf 

 the press in time for the Annual Meet- 

 ing. Copies will be available to dele- 

 gates and visitors on Thursday morn- 

 ing, Jan. 19. 



j 



KEYNOTE SPEAKEB; AT 



Hoisi. ADAM Mcmullen, g )vern 





J,. 



