316 



THE IRRIGATION AGE. 



making advances to the growers. Much of the work 

 each year must be done before the shipping season 

 begins, and until that time no revenue is available. 

 Very few of these organizations have a paid in capi- 

 tal stock and surplus, or other assets which are 

 liquid, sufficient to meet the expenses of the business 

 during the heavy marketing season. It is therefore 

 necessary to secure funds from outside sources for 

 these purposes. Practically none have the security 

 which is generally required by bankers in making 

 loans to business enterprises, and as a result until 

 recently it has been practically impossible for co- 

 operative marketing associations to secure loans 

 without certain of the directors and members assum- 

 ing a personal liability. 



Several associations meet the expenses incident 

 to marketing by borrowing money from their own 

 membership. Under this plan demand notes are 

 issued bearing a rate of interest higher than that 

 paid by the local savings bank. Sums ranging from 

 $10 to as high as $4,000 have been secured from indi- 

 vidual members in this way. This also encourages 

 the habit of saving and fosters the feeling of indi- 

 vidual interest in the organization among the 

 members. 



There is no factor of greater importance to an 

 association in securing credit than that of capable 

 management. Credit based upon character, ability, 

 and a record of past successes is an element which 

 a capable management gives an association. One 



A NEW BOOK FOR FARMERS 



TRACTION FARMING and 



TRACTION ENGINEERING 



GASOLINE ALCOHOL KEROSENE 



By JAMES H. STEPHENSON, M.E. 



Author of "Farm Engines, "The 

 Young Engineer's Guide, "etc. 



HTHIS new hand-book con- 

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 Why of Power Farming. 



IN THREE PARTS 



PART I. FARM TRACTORS- 



Full details of construction and 

 Operation Fuels Lubrication 

 Ignition Troubles All lead- 

 ing makes of tractors described 

 and illustrated. 



PART II. Water Supply Systems 

 for Farm Homes Electric Light 

 for Farm Homes. 



PART III. -THE SCIENCE OF 

 THRESHING All leading 

 makes fully described and illus- 

 trated. 



Just the book you need to help you out of all diffitulties in con- 

 nection with modern farm machinery. 



izmo. 330 pages. 131 Illustrations. Cloth. 

 Stnt postpaid to any address for $1.50. 



IRRIGATION AGE, 30 North Dearborn St., Chicago, 111. 



of the biggest bankers in this country made a state- 

 ment as to credit for co-operative marketing agen- 

 cies that "The management of an organization has 

 more to do with the securing of money from outside 

 sources than any other one feature. Where you 

 have the right kind of management you generally 

 have a strong organization." 



Co-operation as an economic principle is receiv- 

 ing the serious consideration of practically all in- 

 dustrial classes. Its application to special lines of 

 agricultural distribution and marketing is entirely 

 feasible and offers a solution of problems and diffi- 

 culties that are practically hopeless in so far as the 

 individual is concerned. In the United States De- 

 partment of Agriculture, co-operative organization 

 is considered to be a primary and fundamental proj- 

 ect, for it is believed that co-operation in agricul- 

 ture is a corrective measure that will place the in- 

 dustry upon a solid basis and do much to insure the 

 future happiness and prosperity of the nation. 



Do not let any weeds ripen in the garden. One 

 weed may produce seed enough to cover a large part 

 of the garden. 



As soon as the harvest is finished, begin figur- 

 ing on next year's crop. Systematize your work 

 during the fall and winter. Be ready for an early 

 start in the spring. 



Dredging Equipment Dealers 



and Manufacturers, Contractors 



for Dredging Projects, Etc: 



We can place you in touch with new 

 irrigation, drainage and dredging 

 projects of all kinds long before report- 

 ed in any trade publication or known 

 to the trade world. We have special 

 facilities for getting this information 

 in advance. The price of our service is 

 comparatively nominal. 



We furnish trade information in any line and 

 many years experience in this business enables 

 us to give our patrons superior service. 



Write for quotation to-day. Also send us 

 your inquiries relative to any other line you 

 wish to cover. 



United States Press Bureau 

 Rand McNally Bldg. V Chicago 



When writing to advertisers please mention The Irrigation Age. 



