OCR Interpretation


The Little River news. (Ashdown, Little River County, Ark.) 1897-current, May 07, 1921, Image 3

Image and text provided by Arkansas State Archives

Persistent link: https://chroniclingamerica.loc.gov/lccn/sn90050316/1921-05-07/ed-1/seq-3/

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Controlled By
» •
' Present Systems Farm Bureau Plans
• Spinners, Speculators and Gamblers. Producers, Acting Through Their Co-Oper
\ * ative Sales Agency.
Cost of Operation
"JPresent System:
The producer pays the profits and expenses
of al! the long line of buyers and dealers who
operate between him and the mills, and he
also pays for an average of-eight samples
per bale, for weather damage- and many
other wasteful and unneccessary charges.
m
Farm Bureau Plan:
Cotton will move direct from the producer to
the warehouse of his selling agency without
any cost except transportation charges.
When sold by the association the full
amount received, less the actual cost of
maintaining the association, will be return
ed to the growers, wasteful sampling, weath
er damage and the profits of many handlers
will be entirely eliminated.
Tin* Arkansas Farm Bureau Cotton Growers’ Marketing Association plans to market Two
Hundred Thousand hales of cotton this fall an d each succeeding season for the next five years
through its own saies agency. The entire control of the sale of the crop will be in the hands of
the growers themselves through their board of directors composed of cotton growers. This
board will employ sales agents who will be charged with obtaining information regarding
markets and who will have charge of the selling of cotton under the direction of the Board of
Directors. The association intends to hire the best informed cotton man in the South for this
purpose, just as the California Prune Growrers employed the best dried fruit expert in the
world to merchandise their crop. A ruling of the Federal Reserve Bank permits the associa
tion to make advances to growers on delivery of cotton, etc. The Agricultural Committee of
the Arkansas Bankers Association has examined the marketing plan very carefully and pro
nounced it economically sound and conforming to safe banking practice.
Selling Plan
Present System:
“Dumping” as soon as
harvested, which forces
a year’s supply of cotton
on the market in four
or five months, .and ine
vitably “breaks” the
market.
Farm Bureau Plan:
Orderly and systematic
selling through the year
according to demand,
which will be a factor in
stabalizing the market
and minimizing “bear”
raids and efforts of the
speculators to break the
market and lower the
price.
Financing
Present System t
None so far as the pro
ducer is concerned. Cot
ton buyers utilize the
banking resources of
ihe country to finance
the purchase of cotton,
but producers are with
out any system for using
banking credit for order
ly selling.
Farm Bureau Plan:
The Co-Operative Mar
keting Association, us
ing negotiable ware
house receipts, will util
ize banking resources of
the country to make ad
vances to members at
time of delivery and
market cotton in an or
derly and systematic
manner.
Keting plan of cotton, and will answer any (ques
tion regarding the crop contract. The speaking
dates follow:
31ay 9 at 8 p. in.—
Ogden, Richmond, llicks School House, Fomhy
School House.
Jlay 10, at 8 p. m.—
Wilton, Allene, Oak Hill, Elmore School House.
3Iay 11, at 8 p. m.—
Foreman, Wallace, Pleasant Hill, Arkinda.
May 12, at 8 p. in.—
Gravelly, Oak Grove, Cerro Gordo, Pauley.
May 13, at 8 p. in.—
Wintlirop, King Rider, Wades Chapel, Jones
School House.
3Iay 14—
L A general rally will he held at Ashdown.
TEN REASONS WHY EVEFY ARKANSAS
COTTON FARMER SHOULD SION THE
FARM BUREAU COTTON CONTRACT.
1. Because it will enable the producers of
cotton to exercise some intelligence on the price
at which it is sold.
2. Because it will make possible the sub
stitution of an orderly selling of cotton through
out the year for the present practice of dump
: ing a year’s supply on the market in a few
months. ,, H,
3. Because it will save to the cotton r°r
dueer the expense and profits of an army of inid
' dlemen who make larger profits than the men
who produce the cotton.
: , I I > •"
' 1 I innui
4. Because it will save to farmers1 the
■ IT’
losses they now suffer on account of almost uni
versal undergrading and disregard of staple
values.
5. Because it will save the farmers the en
ormous losses due to weather damage and re
peated and unnecessary drawing of samples.
Results
Present Marketing Plan:
Entirely in the hands of buyers. It is a mat
ter of conunon knowledge that cotton in the
hands of farmers is almost universally un
dergraded and staple values ignored in local
markets, which are the markets in which the
farmers sell.
Farm Bureau Plan:
In the hands of experienced and competent
men in the employ of the Co-Operative As
sociation. Every member wili get the full
benefit of the grade and staple value of each
bale he produces. This alone will mean an
average profit much in excess of $10 per bale.
Present Marketing Plan:
Weather
Damage
Present Marketing Plan:
From an average of $6.00 to more than $25
per hale—all paid by the farmer.
Farm Burean Plan:
None. All cotton of all members will be
stored in insured bonded warehouses.
Grading and Stapling
Present System:
Poverty, child labor, hardship and distress,
poor churches, poor schools and nnsound
and unstable business.
Farm Bureau Plan:
Fair and staple prices representing cost of
production and profit. Independence, com
fort, good churches, good schools and stable
business.
6. Because it will enable the producer, ac ting through his co-operative association, to
• w * ■ ■ r »i
deal at least, on even terms with the buyer of his cotton in matters of market information and
knowledge of grade, staple and other elements of value.
%
7. Because it will eliminate “distress” selling which always demoralizes the market
and enables speculators to reduce the price.
8. Because the plan is so sound that it has been approved by thousands of the best farm
ers in Texas, Oklahoma, Arkansas, North Carolina, South Carolina, Mississippi, Arizona and
California, who are organizing under it, and by a committee of the Arkansas, Texas annd other
Bankers’ Associations and hundreds of the best bankers and business men in Arkansas and
other cotton growing states.
9. Because it means the end of a wasteful and enefficient system whi<!h has enriched
every class that handles cotton, except the one that produces it.
10. Because you owe it to yourself, your family and your country.
J ■ I____ _J
-—-—— -I- --
THE GROWERS^ OPTION
Sign Up With Your Own Association, l!o Market Your Cotton for Five Yean
Or Sign Up With the Cotton Buyers and Speculators For Life

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