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Number 6 



June, 1930 



N'olunic ^8 



lal 



Earl C. Smith Discusses 



Grain Market Program 



Growers Assemble at Bloomington 



June 6 to Review Recent 



Developments 



> 



ii'T' ^ IROUGHOUT tlic development 

 JL ot the comniereM.ll services \\ liicli 

 li.ne been initi.UeJ .uid ois;.ini/ed h\ 

 the Ilhnois Aj;rieith ur.il Assoei.ition. it 

 h.ts nui\ed forw.ud onl\ atter seeiiriiii; 

 tlie .ipprov.il of represent.i- 

 ti\e le.ulers .ind members of 

 tlie ()rj;.im/.ition. In Ime 

 willi th.u p()hc\', this meet- 

 ini: h.is been c.illed for tlie 

 purpose of disciissins; v.ui- 

 ous elements tli,\t h.tve de- 

 \ eloped .irtectinj; tile future 

 welt.ue of the Illinois Cjr.iin 

 C'orpor.ition," E.irl C. Smith, 

 president of the Illinois Aj;- 

 lieiiltur.d Assoei.ition, s.iid 

 before .t st.lte-wide j;.ither- 

 inj; of ;,;r.iin producers at 

 liloomington on June 6. 

 Reviews Efforts 

 111 order th.it we m.iy 

 i;et .1 proper underst.inding 

 of .ill th.it is involved, I 

 think it m.i\ be well to t.ike 

 just .1 few moments in re- 

 viewing; the efforts ni.ide by 

 the I. A. A. .md County 

 Farm B u r e .i u s coverini; 

 m.inx ye.irs to develop .i 

 sound i;'-i''i m.irketinj; pro- 

 gr.im," he continued. 



"Since my first election 

 to the Executive CA)mmittee of the I. 

 A. A. in 192 3, there h.is been no sub- 

 ject m.ittcr th.it h.is received .is much 

 consider.ition and with .ipparenth so 

 little result as that of grain mar- 

 keting. Throughout the years urgent 

 and continuing requests for a stimula- 

 tion of grain marketing activity have 

 come to the administration. Commit- 

 tees have been appointed and given 

 niucli time and study to all phases of 

 the question and the various possibili- 

 ties. In each case it was recognized 

 that anv successful grain marketing 



plan must be founded upon the local 

 co-operative elevator. Recognizing that 

 'the I armers Grain Dealers' Asst)ciation 

 of Illinois, while not a marketing or- 

 ganization, was constituted from many 

 of tlie farmers' elevators in Illinois, tlie 

 Illinois Agricultural Association earlv in 

 1927 invited the I armers Grain Dealers' 

 Association of Illinois to select a small 

 committee, vv liicli would be available to 

 meet with a similar committee repre- 

 senting the Illinois Agricultural Asso- 

 ciation. This invitation was premised 



More Than 800 Attend 



Bloomington Meeting 



40 Counties Represented at Grain 

 Marketing Conference 



THE OLD WAY 



FARMIRt f*P'^fRS FAHntHS »AK-M«S ffcKm)*-, 

 ELEVATOR iLtVATOH ELCWATOH IUVaTOM itlVAlo" 



TiJLjn 



( LACK or 



' CO-OPE RATION . 



" [I 



ti 



X " ' ' 



/^COMPETITIVE \ 

 \ SELLING / 



IXPORTER EXPORTER 



THE MODERN WAY 



MILLER r«MLLCR FOREIGN PROCCftoH 



•uytR 



upon the desire to work out, if possible, 

 a grain marketing program that would 

 justifv and carrv the full support of all 

 who were anxious to serve tlie best in- 

 terests of the grain producers. This 

 committee, which was known as the 

 (Mutual Relations Committee,) held 

 many meetings throughout 1927, 1928 

 and most of 1929. but were unable to 

 agree upon the main essentials for a 

 grain marketing program. 



"Those representing the Farmers 

 Grain Dealers' Association have insisted 

 (ContinticJ on fJXi' •'• oiliiimi li 



MORI' than S(»() grain producers, 

 most ot tium farmers' elevator 

 directors and stockhoklers, assembled at 

 Bloomington on \|une 6 in a state-wide 

 ;«atliLLing to hear about recent develop- 

 ments in the efforts of Illinois farmers 

 to tirganize an eflective co- 

 operative grain marketing 

 pi'ogram. 



By 1:45 p. m. the lower 

 floor and balcony of tlie 

 lllini Theatre were filled. It 

 was a serious-minded audi- 

 ence assembled to get facts, 

 and defend, it necessary, the 

 efforts of their organization 

 in serving the interests of 

 grain producer members. 



The meeting was digni- 

 fied tiirougiiout. Considera- 

 tion of the problem before 

 the producer was kept on a 

 high plane without the in- 

 jection of personalities into 

 the discussion. The bulk of 

 the three-hour program was 

 confined to statements jx'r- 

 taining to co-operative grain 

 marketing, the Illinois Grain 

 C^orporation, and plans for 

 the future. 



Johnstone Presides 

 G. C. Johnstone of Bloom- 

 ington, president of the Illi- 

 nois Grain Corporation, presided. .After 

 short opening remarks bv Harrison 

 I'ahrnkopf, secretary of the I. G. C, 

 President Far! C. Smith told of efforts 

 put forth in \ears past on grain mar- 

 keting and answered charges given most 

 prominence in propaganda disseminated 

 among elevator directors and Stock- 

 holders. 



Secretary Geo. E. Metzgcr gave ,in 

 interesting talk illustrating the present 

 system of grain marketing and dis- 

 closing the need for volume control of 

 grain to give the proiiucer bargaining 



..^ f'" 



