28 FARMERS' UNION AND FEDERATION 



will not speculate in wheat, but always sell it at the mini- 

 mum price paid growers plus only handling, transportation 

 and storage charges. Then none will buy wheat for specula- 

 tion, as they will know none would buy it at a profit to them 

 when it can be had from the growers without profit. 



The present farmers' union elevators and farmers' co- 

 operative elevators can be used by the wheat growers' 

 union, but on a different plan. The wheat raisers would be 

 paid all that is due them for the wheat as they brought it in, 

 instead of holding a portion of it back to give them at the 

 end of the year as interest and dividends. That plan would 

 prevent the building and operation of several elevators in a 

 town when one could take care of the business, and thus save 

 supporting the surplus ones. I have been informed that in 

 some places where the farmers' .. union elevators overbid 

 other local elevators for the wheat, they can't get as good 

 bids for it from the buyers' monopoly as their competitors 

 can. But with the wheat growers themselves monopolizing 

 the price of wheat, it will put all other price manipulators 

 out of business. This plan would appeal to all present union 

 elevator companies as a much better plan on which to run 

 their elevators if they are wheat growers. 



To Publish a Daily Wheat-trade Bulletin. 



Another necessary adjunct to the union will be a daily 

 wheat-trade bulletin to keep the members informed daily of 

 true conditions in the wheat line everywhere, and the mini- 

 mum price in their district, so that all will know the price 

 they should receive, and of any other matters of special in- 

 terest to them. This is a very important thing to do once 

 they are unionized. Accurate and dependable information 

 will be of great value to them. Through it they can also 

 keep in touch with their various officials and executive heads 

 and receive suggestions and instructions from them. 



Each unionized product should publish a bulletin for their 

 members. 



