178 SECOND ANNUAL MEETING. 



Amount saved on sacks, $450,000; amount saved on tonnage, $5 

 per ton, $3,000,000; amount saved on agricultural implements, $1 GO, 

 000; amount saved on groceries and general merchandise, $200,000; 

 amount saved on our own grain last year, 15c per cental, 9,000,000 

 centals, $1,350,000. Total, $5,160,000. 



The Treasurer, &quot;W. A. Fisher, reported: 



Keceipts to June 30, 1874 $8,846 14 



For dues and contingent fund contribution. . .$7,598 14 



Commissions from agency 1,248 00 



$8,846 14 

 Disbursed upon drafts to September 17, 1874 ,,$6,891 60 



Cash on hand in bank 1,954 64 



$8,846 14 



Keport of Executive Committee : 



The efforts put forth by them, were first directed toward carry 

 ing out your instructions with reference to legislative matters placed 

 in their hands, viz: Irrigation, Public School Lands and the State 

 University, the committees of which will make detailed reports. 



The next, establishing an agency for the sale of Dairy Produce, 

 the report of which will be presented under its proper head. 



Then came the all absorbing and most vital of business matters 

 for their consideration, that of providing sacks and tonnage for the 

 coming season and this present crop. Their efforts in this direction 

 have been made manifest by the circulars which have been sent to 

 every Grange in the State, urging upon the members of the Order 

 everywhere, to take such steps as the Committee believed to be 

 necessary in order to carry out the principles of business for which 

 we have combined; also in sending those wh(3 were informed upon 

 the subjects, to visit and explain, so that all might understand in 

 relation thereto, and understanding, all could work in harmony and 

 unison toward solving the great and difficult problem of the &quot; capa 

 bility of the farmer to transact business for himself.&quot; 



Then the momentous question of a financial institution forced it 

 self upon them for consideration. The popular feeling and dis 

 position seeming ripe, and the time propitious for its establishment, 

 a convention was called, and the results are before you; although 

 not under the control of the Executive Committee, or the State 

 Grange, still inaugurated by them for the good of the members of 

 the Order. 



And, finally, they were called upon to consider the propriety of 

 sanctioning another proposition, pregnant with good to the members 

 of the Order and the farmers of the State ; one that will save to them 

 hundreds of thousands, aye, millions of dollars per annum, keeping 

 in our own hands, instead of flowing into the coffers of those who 

 have become millionaires from the hard earned dollars of the tillers 

 of the soil, and whose affection for us is measured by the amount 

 they can compel us to contribute to the stream flowing to their ocean 

 of wealth. That proposition was the &quot; California Farmers Mutual 

 Fire Insurance Association,&quot; like the bank, not under their control, 



