FREE BOOKS

Author's List




PREV.   NEXT  
|<   108   109   110   111   112   113   114   115   116   117   118   119   120   121   122   123   124   125   126   127   128   129   130   131   132  
133   134   135   136   137   138   139   140   141   142   143   144   145   146   147   148   149   150   151   152   153   154   155   156   157   >>   >|  
the date of the general meeting at Moose Jaw--an additional twenty-one "locals" were ready. Thus they were able to start with forty-six units, representing $405,050 capitalization with 8,101 shares held by 2,580 shareholders. The newly-elected directors[2] proceeded forthwith to let contracts for forty new elevators, standard type of thirty and forty thousand bushels capacity with cleaning machinery and special bins. Six existing elevators were purchased. The Grain Growers' Grain Company agreed to act as selling agents for this new baby sister and wide-spread interest became manifest as the Grain Growers took another step into commercial circles. [1] See Appendix--Par. 8. [2] See Appendix--Par. 12. [3] See Appendix--Par. 12. CHAPTER XV CONCERNING THE TERMINALS I have but one lamp by which my feet are guided; and that is the lamp of experience. I know no way of judging the future but by the past.--_Patrick Henry_. With the establishment of co-operative elevators for the storing of grain at interior points the farmers of Western Canada launched out upon the greatest experiment in co-operation this continent has seen. The success of these elevators, owned and controlled by the farmers themselves, in all probability would evolve the final phase of internal storage in connection with the Canadian grain fields. Co-incident with their agitation for government ownership of elevators at country points, the farmers were urging upon the federal authorities the desirability of government control and operation of terminal storage facilities. It was not enough that the Provincial Governments of the Prairie Provinces should protect the farmers within their boundaries; for the terminal storage of grain was a part of the system and the farmers contended that corporation control of the terminals by grain dealers was leading to abuses and manipulations of the grain that were not in the best interests of the country. Grateful as they were, therefore, for the efforts to improve early conditions by legislation, it was the opinion of the Grain Growers that these contraventions of the Grain Act would be prevented only by acquisition of the terminals by the Dominion Government. Mere legislation and supervision by the Government would not provide an effective remedy. At the head of the lakes the grain passed out of the control of the transportation companies into the hands of the grain dealers; it was
PREV.   NEXT  
|<   108   109   110   111   112   113   114   115   116   117   118   119   120   121   122   123   124   125   126   127   128   129   130   131   132  
133   134   135   136   137   138   139   140   141   142   143   144   145   146   147   148   149   150   151   152   153   154   155   156   157   >>   >|  



Top keywords:

farmers

 

elevators

 

control

 

Appendix

 

storage

 

Growers

 

dealers

 

terminals

 

terminal

 

operation


points

 

government

 

country

 

legislation

 

Government

 

connection

 

Dominion

 

Canadian

 
internal
 

transportation


acquisition

 
prevented
 

fields

 

agitation

 

incident

 

probability

 

companies

 

supervision

 

continent

 
provide

effective
 

greatest

 

experiment

 

ownership

 
controlled
 
success
 
evolve
 

contraventions

 
boundaries
 

Grateful


protect

 

system

 

contended

 

abuses

 

manipulations

 

passed

 

leading

 

corporation

 

interests

 

Provinces