Jasper County Democrat, Volume 22, Number 97, Rensselaer, Jasper County, 3 March 1920 — NEXT MEETING AT WABASH [ARTICLE]

NEXT MEETING AT WABASH

1920 Convention Farmers’ Grain Dealers’ Association Closed. Wabash was selected as the 1921 convention city of the Farmers' Grain Dealers’ association of Indiana at the annual imfeeting held in Lafayette the last of the week. This is the first time in the history of the association that the meeting will be held outside of Lafayette. The officers elected for the ensuing year were as J. S. Minch, Chalmers, re-elected president; C. E. Barracks, Anderson, re-elected first vice-president; Homer Frazier, Lafayette, re-elected second vice-president; Frank Glaspie, Oxford, succeeding W. J. Little, Remington, as treasurer, and E. G. McCollum, Wolcott, re-elected secretary. O. E. Williams of Laketon and William Stephenson of Muncie were elected .new directors, succeeding Charles W. Postill of Rensselaer and Mr. McCollum, and Fred Roberts of Monticello was elected a director to succeed himself. The old directors who are continued in office follow: E. W. Moore, Otterbein; Frank Glaspie, Oxford; H. E. VanNuys, Thorntown; James Sheedy, Fowler; John A. Peterson, Swayzee, and James Mauck, Middleton. Secretary E. G. McCollum of Wolcitt stated that the attendance broke all records, the registration showing nearly 300 present Friday. The feature of the Friday morning program was a discussion of “The Cost of Handling Grain and Sidelines, and the Proper Margin,’’ by H. H. Potter of Rensselaer and Fred Roberts of Monticello. Mr. Potter characterized the present indifference to cost as caused by unjustifiable competition and lack of business system. He showed an actual cost with figures from the time the grain was received from the farmers until it reached its destination. He revealed this to be, so far as his own elevator was concerned, 7.83 on wheat, not including freight or war tax; 3.81 on oats, and 5.2*5 on corn. Hi said these costs were- below the average for the state, due to inexpensive equipment and the cmbumt Of business done for volume of overhead. He stated the figures were based on an average of 428,196 bushels for the year. Local operating expenses were sll,424.89; shrinkage, $2,983.60, making an average cost on the bushel

of 3.35 overhead and shrinkage, not including destination receipts. Among the resolutions adopted at the meeting were the following: Whereas, our work does mot conflict with the work of any other farmers’ organization in the state, be it resolved that' this association stands ready to co-operate at anytime with any and all organizations of farmers In this state for the promotion of the interests of agriculture and public welfare with “Equal rights to all; special privileges to none.” We condemn the shortening of the work day to less than eight hours, ana declare the so-called daylight saving Iqw to have been unjust, unfair and detrimlental to the agricultural interests of our state and union. Resolved, shat we extend a vote of thanks and appreciation to the secretary, E. G. McCollum, of Wolcott, for his splendid work in increasing the number of companies organized and for his work in general in behalf of the state association.