The dispatch-news. [volume] (Lexington, S.C.) 1919-2001, May 04, 1921, Image 7
1; fOOPERATIV
Hpi The Principles of Cooperative
m ' ^emson C^T April 30.?The
[p United States Bureau of ^Markets re|P~
ports that there are about fourteen
Bg -thousand farmers' buying- and selling
Kp organizations scattered throughout
Bp the United States ,(Farmers' Bulletin
Bps?*.1-144).; From this it is evident that j
American farmers are awake to the j
ipi?. necessity of their taking a hand in
lifc- the business of distributing their
products. Some of these buying and
ijif* filing organizations are cooperative, (
c that is, they are organized without!
gs capital stock and pay no stock dividends,
all proceeds less costs being
prorated among the members according
to the amount of business
done through the organization. Oth
efts are stock company organizations, J
' and the farmers who own stock re- j
ceive market prices for their products,
plus stock dividends provided
the organization makes a profit. This
kind of farmers* organization is very
& * '
similar to an ordinary corporation
. .
^ and is of little value from the growers'
standpoint for the reason that its
prime object is to pay its stockholders
dividends on capital stock. Like
other corporations, it tries to buy as
cheaply as possible and sell as high
as possible.
^ Combination Stock and Patronage ;
Companies.
Some of these organizations combine
in various ways features of both
* the stock company dividend-paying
organization and the non-stock,
purely cooperative associations. For
*
example, some of them limit the dividends
payable on stock to 6 or 7 per
cent and provide that any profits
realized above such per cents shall
be paid out to the farmers who buy
or sell through the organization. The
amounts thus paid out to patrons are
called patronage dividends. The pay1
ment of patronage dividends is based
on the premise that patrons are fts
: necessary to the succes of an organization
as is capital stock and therefore
entitled tq receive a share of the
profits realized in the marketing operation.
Pure Cooperative Marketing
i* '
(Pure cooperative marketing, on the
b other hand, means the taking over
\ of the marketing process or of cerI
taip parts of it by. growers on a basis
fit. equal risk and equal profits. No
t capital stock is necessary under this
plan and all receipts from the sale
j2Cj>roducts, less costs of selling, are
returned to growers in payment for
the product? marketed.
Thus we see that the thousands .of'
farmers' buying and selling organizations
throughout the country make
use of the principles of cooperation
in every possible degree of variation
from the pure cooperative plan to
^ the ordinary stock corporation plan.
Six Principles Briefly Explained
The six main principles underlying i
IfiFv O- I
the successful marketing of farm j
products on the purely cooperative
plan may be stated as follows:
(1) The basis of such association
shall be a single crop cr commodity
I and not a combination of crops which
are marketed in unlike manner.
Neither is the association organized
Sv
v merely by counties or other political
division but rafher over the entire
territory where the particular compu*
modify is produced.
| i (2) Membership is limited to growers
and to landlords who receive a
f, part of the crop as rental.
(3) Each member enters a bind'
i ng contract with the association
agreeing to turn over to the associa*
tion for its resale value all of the
:'
commodity which comes into his possession
as a grower. The association
* markets that commodity for nobody
y.. except members.
(4) The commodity is all graded i
t
Ev-' -
** ** _
: fry * !
Kraiwi^
(GRANULES)
indigestion
Taste goody do good; dissolve
instantly on tongue or in water;
take as needed.
quick RELIEF!
. ALSO IN TABLET FORM FOR THOSE *
WHO PREFER THEM.
MADE BY SCOTT * BOWNE
MAKERS OF
nSCOTrSJMULSION i.?
POTATO
PLANTS
Nancy Hall and Porto Rico potato
plants now ready for shipment
?1.75 per thousand.
E. L. SPHALER & CO.,
Pine Castle, Fla.
4t-p-28.
* ' '
E MARKETING j
and each grade is marketed ac a
J "pool." The members all receive the
I same price per unit for the same
: grade of product.
! (5) Competent market men who
j have had practical successful exj
perience in marketing the particular
I commodity are employed by the asj
sociation to handle the marketing
1 work of the association. Such marketing
work is not a job of a ma
teurs.
(6) Such an association is set up
and operated on the basis of the crop
contracts and without capital stock.
. It is. therefore a non-stock and nondividend
paying association.
The next article of this series will
explain in more detail the crop contract.
THE POTATO BUG
Clemson College, April 30.?The
beetle or striped bug will soon begin
to lay its first eggs on the under side
of the potato leaves. Within a few
days after this, the small red softbodied
larvae grubs will begin their
work of devouring the leaves. While
this pest sometimes destroys potato
fields by the wholesale there is little
excuse for such destruction, because
it is one of the easiest insect ,pests
to control.
Control measures on small areas.
When the insects begin to appear, arsenate
of lead powder or calcium arsenate
may be sifted over the plants
with a small flour sack while they are
moist with dew. The bottom of the
sack must not touch the wet plants,
I
| as this will clog the small openings in
| the sack ana prevent tne uusi poison
j from coming through. A hand dust
I gun can be used advantageously for
this purpose. '
On fields or large areas. Where a
spray machine is available, the arsenate
of lead or calcium arsenate may
be mixed with the Bordeaux solution
at the rate of one pound of the poison
to fifty gallons. Dust guns cannot be
used to advantage on large areas.
Paris green can be used as a dust
by mixing at the rate of one part of
Paris green to twenty parts of airslaked
lime or other fine dry material:
or as a liquid spray by mixing one
pound of Paris green to about 1 r?0
gallons of water. Arsenate of lead or
calcium arsenate is recommended in
preference to Paris green.
, For a Bad Cough.
When you can not sleep for coyghing,
take Chamberlain's Cough Remedy.
It will allay the irritation of
the throat and make sleep, possible.
It contains no op'ate.
! More P
I
Han
IEntii
Now
In view oj
steel, we nov
line of farm ]
by reductions
All low
The reduc
the material
I will sell this1
?
fore have no
such machin
pany to buy
manufactur
nounced po
Company tai
ished and m
{ 1 Full infori
I * 1
binders, mou
corn machin
| and all other
from any Int
INTERNATK
Chicagc
92?ra
COCA-COLA KING
DISCUSSES COTTON
;i I
! WISHES HIS BUILDINGS WEUK
| VACANT SO HE COULD STORE I
, | COTTON IN THEM. !
.
I Sometimes a man awakens to unci |
i
he owns more of a venture than he j
intended to. and that's how I became j
the owner of Coeo-Cola," declared j
/Asa (i. Cnandler, Sr., founder of the j
j tremendous enterprise, in one of the
} most intimate and interesting inter1
views to which he has ever submitted.
I
I "There were two young fellows always
mixing up things in our town,"
continued Mr. Candler, talking to a
reporter for the Kansas City Times,
i upon the occasion of a recent visit to
i
| that city. "I was a small-town, drug;
gist and my store was a clubhouse
! for a lot of the town boys. I trusted
: them all. Had to, in fact. Those boys
i had a soda fountain mixture, and ?
4
i \vhoii I began to foot up my ledger I j
found I had more invested in the;
scheme than the boys, I took it over.;
"It didn't 'take' particularly well,
it was more work to get it started and
more work to keep it going. I never
left it a minute until seven years ago;
then 1 turned it over to the boys." j
Mr. Candler informed his Kansas
City interviewer that he wouldn't f
have sold Coco-Cola, but he added (
that his boys drove a "pretty keen !
bargain" from a sale standpoint.
"I have four fme boys," he said.
"But they are just boys. When I gave
j them the business it was theirs. They i
sold out a big share for a fancy price.;
I wouldn't have done that, but they |
did ,and from a sale standpoint they!
drove a pretty keen bargain.'
Mr. Candler, who has erected and
who owns big and little buildings all
! over the country, has one regret in
I connection with his extensive build|
ing operations. He regrets that all of
j the buildings are so well tenanted, or,
! as he states it, that thr-y are not va'.cant
so that be might store cotton in
j them.
1 Mr. Candler, who is now making a
j tour of the west, studying business
j conditions and renewing aequaintanc!
es with many old friends, has been the
! subject of many interesting and ilium- !
| inating newspaper stories. He has ;
; submitted to many interviews en
I route to the Pacific coast, and in
! these he has made it perfectly clear.
> i
j that cotton and not Coco-Cola is his i
i chief interest and concern.
"Every time Asa G. Candler 'retires
he assumes more' work," reads
The story in the Kansas City Times.
"He says it is the only safe way for
1
| a man in this busy age to quit busi'rice
Reduc
/ester Com
re Line of Implei
- at Lower Pr
f the recent reduction i
i announce lower prices
machines and implement
> previously announced.
rer prices take effect
ticn in the price of steel
lor the machines and it
i T :J .
fear nas oeen proviueu, c
bearing on the manufac
es. However, it does en;
materials at lower pri<
e, and in accordance
licy we now quote the
dng the loss on machim
aterials on hand.
nation regarding our lo
rers, and all other harvest
es, tillage implements, trc
IHC farm machines c;
ernaticnal Dealer.
DNAL HARVESTE
^ of America
[incorporated]
neb Houses and 15,000 ^Dealers in the Un
I
I ne:s. Quitting business for: h:m meant
i taking hold of things in these panicky
) conditions and whipping them into
| running shape.
! "Jn ISStJ it was Asa. <I. Candler.
! druggist in a Georgia town, who began
marketing Coco-Cola. Pv pesterin?-'.
as lie describes it, in a few fellow
druggists, he was able to peddle
"2S:j gallons of the drink that now has
an annual consumption of some 15,000,000
gallons. But. as .Mr. Candler
told it to Kansas City friends,
Coco-Cola troubles have been shifted
to his four boys and a 'boy-in-iaw.'
Cottons is h;:: adopted interest.
"That same interest, it is said, is responsible
for the tour-to-Californiarecreation
that Mr. Candler is mak
i ng.
Reverting to the sale of coc.o-eola,
Mr. Candler was asked if he had retired
from business seven years ago
when he gave the enterprise to his
sons.
"Lord, no. What chance had a man
to retire in 1914 with the south and
the nation in such a crisis? Georgia
was the gloomiest state of all when
exports were cut off suddenly. Cotton
went down to almost nothing. The
-recent slum]) is not even a circumstance.
I had gotten into a bank, so
I marshalled up what money T could
and began to buy and lend ?>n cotton.
"When a man* hacks his judgment
with his money, other men will follow.
The south borrowed $30,000.000
on cotton at low rates."
The story remarks about Mr. Candler's
mammoth warehouse in Atlanta,
which is now under lease to
the federal government, and which
Mr. Candler is very anixous to have
returned to him, so that ho may store
cotton in the present crisis.
Concerning present conditions. Mr.
Candler is quoted as follows:
''Things will come out all right if
everybody keeps working. You never |
saw a busy man starve. The Central i
-Bank and Trust corporation of Atlan- j
I.))),-).* '. 1 ? .1 1
Lit ilUD I'UILVJI ILULiir*, 1?M1 I IM illlll |
\von't go broke." j
The - Kansas City story, after re- j
marking upon the buildings Mr. Can-1
dler has erected in Chicago. Atlanta. I
New York. Baltimore, Dallas. Winne- J
peg, Kansas City. Toronto and other!
'cities, concludes with an illuminating
question and answer:
Do you regret your extensive building
operations?" Mr. Candler was
asked. ,
"Xo. but T wish I had "em all vacant
now for cotton."
? c m
Xot Likely to Bo a Star
"My wife is practicing cconom
now."
* "That so?"
"Yes, but 1 don't believe she's evct
going to become expert at it."
tionsby I
Lpanv
nents j
ICES
n the price of |
for our entire 1
:s not covered f
at once I
comes after all |
nplements we 1
md will there- f!
turing costs of I ]
able the Com- 1
:es for future 11
with our Sn- 11
>se prices, the |
es already fin- I i
wer prices on I
ing. haying and |
ictors, engines, !l
#
in be obtained |
R COMPANY |
USA |
He J States }
SECOND SPRAY FOR
PEACHES AND PLUMS
Cemson College, April 30.?Owners
of orchards should not fail to apply
the second summer spray for peaches
j and plums if good fruit is desired,
| says Prof. C. C. Newman, chief of
j the horticultural division. This
' spray which is to combat worms, rots
and scab, is a combined spray of selfboiled
lime-sulphur and arsenate of
load and should be applied two weeks
j after the first spray applied just after
j the petals fell.
.Make the lime-sulphur as directed
below. Then dilute the arsenate of
lead with water to make a thin paste
and add the lime-sulphur solution
when cool and put in a barrel. The
lime, recommended when the arsen
ate of lead is used, is omitted because
of the lime used in the lime-sulphur
wash.
Sclf-Hoiled Lime-Sulpliur Solution
Formula
Quick lime (lump) S lbs.
Flour of sulphur S lbs.
Water 50 pals.
Preparation.
Place the 8 pounds of lresh lime in
a tub or barrel and add just enough
water to slake it. An excess of water
seems to brown the lime and retards
the slaking process. As soon as the
lime begins to crumble apart and a
violent boiling sets up add 8 pounds
of sulphur and stir it thoroughly,
adding enough water to keep any
part of the mixture from becoming
dry. Enough water "should be added,
in fact, so that the paste is thin
enough to be easily stirred. A.fter the
boiling has continued for five or ten
' minutes, enough water should be
i added to cool the mixture.
[ It is best to dilute the mixture to
I proper strength and apply as soon as
made. In applying, a pump with a
good agitator should be used so as to
keep part of the mixture from setj
ting out. Lime-sulphur solution
I should be applied with a force of 100
I pounds or more pressure to. the
I square inch.
!
Stomach Troubles.
"1 have never found anything so
i good for stomach troubles and con'
stipation as Chamberlain's Tablets. I
have used them off and on for the
past two years. They not only regulate
the bowels but invigorate the
- liver and keep one's body in a healthy
ondition." writes Mrs. Benjamin
' Hoffor, Auburn. X. Y.
-...frv-'t:
U'XJ'lX 1
f \ 17 CP k TO
JL/id? ikJ'B, la
If you are troubled with pains or
; aches; feel tired; have headache^
. indigestion, insomnia; painful passage
of urine, you will find relief in
; i
I
The world's standard remedy tor kidney, j
I liver, bladder and uric acid troubles and
; National Remedy of Holland since T596.
| Three sizes, all druggists. Guaranteed.
Look for the name Gold Medal on every box I
end accept no imitation
Service PIi
Means Sh
We fit shoes properly (<
life, better looks and
shoes. Therefore shoe
be had at
The B
H. H. Powe
1508 Main Street,
Massaging
Shampooing
Tk*? A-if nMnA?
i lie n iid iTiuuc
-V *1 ,
1310 MainfSt./5?^ B
k ' /U *?* > 7
"7" (Up 5
\vr: maki: \ specialty
KINDS OF I]
Special Skin Treatment
Henna Pack
j ?
S^^^^SEALED TINS ONLY
gi^r AT *?tlR GROCERS
PmWELL HOUSE
j c COFFEE J
Stop Those Headaches
WALTER'S
GLASSES
WILL RELIEVE THEM
Ninety per cent of constant
heacaches are caused from
eye strain. Stop in and let
us examine those eyes and
stop those headaches.
Eyes Examined
Glasses Fitted
0. L. Walter Optical Co.
I
! 1221 Mala Street, Columbia, S. C.
' -
Charleston and Jbiorenee. >.
\
SHOES
(the kind that weabs
EASY AND LONGEST
We are always prepared to serve
our Lexington friends from a large
stock of dependable Shoes for every
kind of wear, in all leathers and sizes.
The "Family Shoe Store of Columbia."
Farmers' Medium and Heavy Work
Shoes a Specialty.
E. P. & F. A. DAVIS
1710 Main St.. Columbia. S. C
~ r
os Comfort
oelValues
Dr no sale) hence longer
added comfort tc your
values are always tc
ooterie
ill, Manager.
Columbia, S. C.
Marcelle Waving
Hair Dressini?"^,
i Beauty Parlor,
fjffijr Columbia, S. C.
>tairs)
OF ilFXA PACKS AM) ALL
[UK OOODS
For Engagment
Phone 2272