Newspapers / The Carolina Union Farmer … / March 28, 1912, edition 1 / Page 14
Part of The Carolina Union Farmer (Charlotte, N.C.) / About this page
This page has errors
The date, title, or page description is wrong
This page has harmful content
This page contains sensitive or offensive material
[Thursday, March 28, 1912, CO-OPERATION IN BUSINESS The meaning of the word co-oper ation, as applied to business, was first recognized by a very few men. In time •thers began to realize the power of it, and then corporations were formed, and legalized. The principle of co-operation was carried still further, and we formed the great trusts and combines. The mass es observing the effectiveness began to make attempts at financial co- opertion. Just where the co-operative prin ciple Is to stop we cannot tell. Some say a great big co-operative institu tion will some day swallow all small er ones. It was in the latter part of the nineteenth and the first part of the twentieth century that the farmers began the most active and extensive co-operation in all parts of the world. Holland began her present system of co-operation in 1900. Bavaria and other German states began at or near this period. It was in the nineties that Prance and Ireland became the most active. It was in 1902 that we began our own organization. In 1907 Holland spent for a mem bership of 128,500 $7,497,200. Hol land is about one-twentieth the size of Georgia, and her population is about the same as ours. Bavaria has 2,714 local organiza tions, with a membership of 200,000. The members of this organization have taken stock to the amount of $5,402,600.00. Her population is 6,176,057. The square-mile area is a little less than one-half the size of Georgia. The Farmers’ Union is allowing similar organizations in other coun tries to outstrip , her, in some re spects. The general outline and pur poses are about the same, but we do not require as a conditon of member ship that each one must become a stockholder in our enterprise. Neither do we require as strict a reg ulation as does the Bavaria organi zations. The Munich Co-operative Loan Bank requires its stockholders to deposit all moneys with it and to borrow money from no other insti tution. They loan the members of the farmers’ organization money at 4 1-2 per cent. In several of these countries the possessions of the member when he joins the organization becomes the property of that organization, there being a withdrawal privilege under restriction. ' In many instances the farmers combine, putting up their lands as the property of the organ- ieation and use it as a basis of credit. The Georgia farmer must not lose step if he would possess that which by Divine purpose was intended for him. In studying co-operation and in our attempts to apply it we should understand that it does not simply mean a stock company which is or ganized for the purpose of paying stockholders a handsome profit. This has too often been the mistake in the organizing of farmers’ institutions The man who patronizes these in stitutions should at least reap a part of the benefit. The stockholders are entitled to a reasonable interest on the money invested, but the remain ing profit should be divided among the people who furnish the patron age. The California Apple Growers’ As sociation believe in co-operation. Their organization dictates terms to Our two BIG FREE BOOKS tell YOU how. OUR New 1912 Hetcher and Brooders will Kive you stronger chickens and will save hal! the cost. Write lor I-REE BOOKS today and we will tell you bow to M A K U ^ Cyela UaUhsr your poultry pay better than the rest ol tKe farm. Company, 18 Lehigh i.TS#, Elmira, M. Y. its membership. The individual be comes a part of the compact body, which directs the marketing as well as the cultivating of the crop. No individual can sell a bushel of his apples out of the channel without laving to pay the organization a leavy penalty. The results of this organization have in a few years changed this from a community of poor, plodding fruit growers to one of the richest in California. Many farmers who were scarcely able to make ends meet are now riding in automobiles over pike roads, lighting their homes with electricity, and are loaning their money to those from whom they formerly borrowed. The reason for this progress is found in the fact that the apple grower decid ed to use his brain a part of the time, and he has been handsomely paid for his decison. I believe the cotton farmers have brains enough to understand and op erate just such a plan for the hand ling of the greatest commodity and world necessity that is the proud pos session of any section (of the world.) —President R. F. Duckworth, of Georgia Farmers’ Union. The Kind that Lay! Weigh! and Pay! I..IGHT BR>VH\iA.S Egffs $1.00 for 15. Rose Comb Black Minorcas, Rose Comb Reds, and White Wyandotte eggs same price. Rose Comb Buff Leghorn eggs $1.25 for 15. Satisfaction guaranteed. Walnut Grove Poultry Yards Route 2. Cliiaa Grove. N. C. Indian Runner Ducks; eggs $1.50 per 13, $9.00 per 100; S. C. While and Brown Leg horns, eggs $1.50 per 15, $7.50 per 100. Will Kelly, Cleveland, Nortli Carolina NOWTH STATE LIFE INSURANCE COMPANY, Kinston, North Carolina. Operates only in the two Carollnas, and has more Carolina lives Insured than any other Carolina company. Agents wanted where the company is not now represented. KITSELMAM FENCE MAKE YOUR HENS PAY OAKWOOD FARM R. L. SHUFORD, Prop., NEWTON, N. C. Register of Merit Jersey Cattle, Berkshire Hogs. Three Good Berkshire Hogs FOR SALE Ready for Service Price $25 Bulls and Heifers ALL AGES Write, or better come and see them. We extend to the Farmers’ Union of North Carolin^a acordial wel* come to our Capital City. OUR SERVICES AT YOUR COMMAND. THE COMMERCIAL NATIONAL BANK RALEIGH, N. C. B. S. JERMAN, Pres. E. B. CROW, Cashier. A. A. THOMPSON, Vice-Pres. A. P. BAUMAN, Asst. Cashier. During the past season we have loaned many Thousand of dollars to Farmers on Cotton at 6 per cent interest. We never charge more. We are ready to accommodate our Farmer Friends. Write us or come in to see us. We heartily welcome you to our city and wish to establish permanent relations with you. THE ernZENS NATIONAL BANK jRALEIGH, N. C. JOSEPH G. BROWN. Prrsident. HENRY E. LITCHFORD, Cashier. A. B. ANDREWS, Vice-President. The Union National Bank Cliarlotte, ISI. C. CAPITAL $100,000 T. W. WADE, - President F. B. McDOWELL, .... Vice-President H. M. VICTOR, Cashier We cordially invite business and offer every cour tesy and accommodation consistent with safe banking. We particularly invite the accounts of Farmers. Respectfully, H. M. VICTOR, Cashier 8«ld dlraet to yo« at factory piioM an SO daM trial. Bare the dealers proflt. Rarai, Hog and Fonltry ranee at flroei IIMCENTSA ROD IIP. All Wires are hearlly galraaleed K red epoel of Ideal galrapteed Bei«ed Wire fl.40. free ■Hewtag 100 styMe and belghte. Bpeotaa Pstoes to Vamiere UnloaHembera Bn n KimiMAN BROS. MUMGIE. ma THE CITZENS NATIONAL BANK GASTONIA, N. C Capital & Surplus, $ 92,249.26 Deposits, - - - 392,300.45 Resources, - - 603,927.71 51. Paid OH Time Cerlihcates ol Deposit CERTIHCATES OF DEPOSIT When writing advertisers, please lention this paper. issued by this bank bear interest at 4 per cent from date if deposit remains three months or longer. We want your business. Merchants & Farmers Nat’l Bank CHARLOnE, N. C. Capital and Surplus $350,000.00 GEO WILSON, President. JNO. B. ROSS, Vice-President. W. C. WIKKINSON, Cashier. . H. W. MOORE, Ass’t. Cashier- N’ati an Pi St B( P) Sb To 1 If Hot for E catii ^on. iiier Ploi er c har l>e he ’ I tha to acti hea tioi 'oai titi aric to her cai sta Th he Is Sti >ni k, cc tfi hi he tr
The Carolina Union Farmer (Charlotte, N.C.)
Standardized title groups preceding, succeeding, and alternate titles together.
March 28, 1912, edition 1
14
Click "Submit" to request a review of this page. NCDHC staff will check .
0 / 75