ILLINOIS STATE DAIRYMEN S ASSOCIATION. 21 



EVENING SESSION. 



Tuesday, 7:30 p. m. 



Meeting was called to order at 7:30 o'clock, President 

 Tefft in the chair. In order to accommodate R. P. Mc- 

 Glincy, who wished to leave the next morning, 



Topic No. ii — ''The doings and acts of the Elgin 

 Board of Trade" — was taken up. Upon that topic Mr, 

 McGlincy read the following paper : 



MR. M'GLINCY'S PAPER. 



My paper on this subject must be largely composed of 

 figures, and may therefore prove uninteresting to many ; but 

 the figures will have considerable bearing on the '' doings" 

 of the board, and will show what has been done by it since 

 its organization in 1872. 



At a meeting of the Northwestern Dairymen's Associ- 

 ation, held in Elgin in January, 1872, I heard J. R. McLean 

 and others speak of the manner in which dairymen were 

 robbed by commission men to whom they consigned their 

 cheese and butter. The drift of the speeches was about in 

 effect like this : " We send our goods forward on commission, 

 and, when we receive accounts of sales, they show that the 

 cheese was either off flavor, too hard, or too soft, or they 

 had huffed, or leaked badly, or were cracked ; the weight 

 did not hold out ; ' they arrived just when the market was 

 flat, and no demand for any thing, and, feeling that I must 

 realize the best possible figure, I sold them, and inclose you 

 check for the amount, less five per cent, commission.' " I 

 may remark that it was stated the commission was always 

 the same, no matter whether the goods were up or down, 

 and it was a singular coincidence that goods nearly always 

 went down when sold on commission, and up when sold 

 direct to the dealer. Those were the days when the dairy- 

 men produced the milk, the factoryman the cheese, and the 



