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Lethbridge Herald Newspaper Archives

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Lethbridge Herald (Newspaper) - January 22, 1914, Lethbridge, Alberta volume vu. LETHBRIDGE, ALBERTA. thursday, january 22, 191 i price-fivp: cents number 35 THE TWO ELEVATOR REPORTS Resume of the Negotiatations Which Followed Immediately After Last Convention OTHER PROVINCES Defects Noted in the Saskatchewan and Manitoba Systems -Present Status Th� resort of tha Elavntor TOmmit lee was aa follows: (lentlemem,-Your Elevator '.^ora fctt.tee appoiutod 'hy tlie board of liiTectors to report iia follows: Immediately after the 1iofle matter was again fully gone Into with the ministers, aud ourpro-|)03ltlon favorably received. A committee waa appointed to re-Inain in Edmonton, and draft the Act Rlong the lines suRgested, the com mittee consisting of Mr. E. J. Fream ropre�entinB the United Farmers of Alberta; the Hon. Malcolm McKenzle, representing' the government, together with tho Hon. CSiarles Stewart, the lattor having had practical exeperl-ence In the elevator business, and being chosen on this account. Tlie so Uoitor appointed to put the draft act Into shape waa Mr. A. J. MoKay, Th]� oommtttee met their solicitor f.t onoe, and the principal points of the proposed act were gone over dui^ Ing the next day or two. As soon as the draft copy of the iwt WBc received by ua !n Calgary, a special meeting of the full board of directors wm called for February 11, to discuss It m detail. The act was taiken clause by clause, and finally imanlmouBly aippron^ed of by the itKXird, and your committee instructed to return to Bdmonton aud meet the caiblnet once more. Several minor (imenidmeinU broadening the scope of the original draft were recommended by your board, and the committee instructed to have as many of these amendmenUs as possible incorporated into the act. This was done; some of the amendments being incorporated ns recommended by the directors, in ot;hera a comTiromlse wa.i arrived at, and some were absolutely refused by the government representatives. Your committee then returned home leavhig tihe watching of tlie act during lUs passage through Parliament to tlie (Continued on Page C>). DEFEAT FOR IHE CR WA F 1 J -o llaim That Farmers' Elevators. Are not in Reality Cooperative WERE IGNORED Certain Members of Committee Acted in a High-handed Manner iJxcerpts from minority report on Co-Operatlve oleviitors preHontod to the Farmers' convention on Thursday morning by Delegate Bevlngton, c Stony Plains, member of the Elevator committee oi: the iboai-d of directors; 'In your directors' meeting on tlie day following tho close of the (last) convention, the following apetlal com-mitiee on elevators Was appointed, as per your instructions: W. .1. Tregil-luB, .r. Quinsoy, W. S. Henry, Rloo Shcppard, E. Cai-awell, E. J. Fi-enni, G. Bevlngton and P. P. Woodbridgp. "Wo submit that the actions of certain memberB of your board and committees were such, during the whole time of these piweeding-s (in which the elevator bill was discussed aud accepted> that a full and com-p\eto knowledge of wiiat the proposed act contained was never given to to tlie members of the board. It our firm belief that had this information been given them earlier in the proceedings that the necessity for this minority report would never have arisen. We beg to submit herewith our views on Clause 3C, whitili, in our opinion, renders talis act non-co-operative. We wish further to suite that in ev'cry other respect your committee wer� entirely agreed upon this act, but in our opinion co-operation, wiieii applied to commisaion enterprises alone exists in an equitable distribution of earnings between those who supply business. That any capital invested for the purpose of establishing a business is only entitled to interest tliereon. Therefore, we would beg your indulgence ^�"hiio we analyze Clause 30 of this act from a co-operative standpoint. The clause reads: "The annual revenue of the company, including all monies received as a result of the operation of elevators under its control or management shall be disbursed as follows: " 'The annual paym.ent, if any, due to the province shall lie first paid." "We wisli here to point out that if this payment is made from earnings and not from the revenue derived from the sale of stock, tliat when these payments are fully made, each share of the company must be worth IS5 per cent. Where the earnings of the company are taken to pay off obligations which add value to the shares it o� necessity cannot be distributed to those who patronize tho company as would bo done in co-op-enition. We submit then that these payments aliouid be made from the revenue -derived from the liale of stock and not out of the profits of tho business. "S'ub. Sec. B: 'Then all current liabilities shall be paid.' "This should come as tfie tirat charge upon the earnings. Interest on the loan being considered as current liabilities. tContinucd on 5). MR9. NELLIE McCLUNG Tho Noted Canadian Authoress who appears In Knox church tonight In Big Convention of Over 600 Delegates not More Than Six Supported the Men Behind the Minority Report-Fream's Defense The oppoBit.'on lu rarniers' cooperative elevator pnijcji-i received m crushing knockout blow at the convention tills afternoon. to: i" the report, were: , the year, siibiiiitted a thoroughly'sat- C(>OPI':;ri.-\TiVl^ LEGISL.'\.TI0." ? ? > > : � : ; > , � The cai)acity soutli of the line is 12,000,000 bushels less than the shipments. On this showing where should new elevators be erected? Ottawa, Out, .Ian. 22' tilt) question of the appointment of a snccessor to Lord Strathcona is not nicely to engage tiie attention of tlio government for some little time, tho possibilities in regard to the iip-poinnieiit are iii least sub.|ect of gossip at f.'ie capital. Tiie subject is likely to continue to arise tho greatest curiosity, liccause tlie problem coii-frontinn' tlie gcverunient iir its selection ot Canada'.s third liigh commissioner constitutes a great political i)ii7.7.le. the situation of whieli will be a v.-ait with keen interest not only in Canada, but in Great Britain as well. iMoro tlian half a dozen names are be-iujj;- mentioned in eonnecticn with the vacancy including at least three cabinet ministers and two provincial premiers. The cabinet ministers who aiipear t.o bC! figuring in tho speculation are Hon. Itobert Rcgers, Hon. G. Foster, and 1-lou. .1. L). Hazon, while liroviiieial ministers mentionntl, are Sir Richard McBride, of British Columbia, and Sir Rodmond Rohlin of Manitoba, In addition to tlie cabinet ministers with portfolios who arc spoken as likely successors of Lord Strathcona, there is Hon. George Per-ley, minister wltlioul portfolio, wlic has for years been very closely a.ssoc-lated with Prime Minister Borden. Mr. Perley is a man cf wealth but is not as yet a untnralized sub.iect in Great Britain, the difllculty could be overcome as the new imperial naturalization agreement comes into effect. Another likely asidrant for the post is Hon. Adam Beck, London, Out., a man of wealth, and distinction, who of late has spent cpnslderabie lime abroad. for probably when Is said and donii ihe question of better ci-edlt for th� farmers is the greatest question, of all in the province today. Tile .Minister admitted''at the outset that the problem was not an easy one to tackle, for it Is not easy ot solution. lie admitted readily that he had his fears whether the provincial government ot Alberta, -without aid from other pro^-inelal governments or some other outside source would I be able to solve it alone. But that It i would be tackled, he oould give his I word, and that some solution satis-j factory to the farmers would be found j in time, he was not afraid. T,he occasion was the first on -which iloii. .Mr. Stewai't had ever addressed an audience fn Lethbridge, and the impression made was like the man-big and full of optimism. He was pleased, he said, to address a'n audi ence so large and so reoresentative of every portion of the province. It aiiK'.irs well for the future that the cnthusiREm is kept up. It augurs well for the legislators also, because from the deliberations, they will know what the people want, and will hnve a basis on which to make � start in the right direction. There is a fair representation of farmers on both sides of the house at Edmonton now, he asserted, aud he hoped It wouid alv.-ays be thus. Of ills new department, the Piibllo Works branch, he could say little about ir. at present but of the old he had a few matters which he would like to .mention. There had been some important municipal legislation placed upou the statutes while he was in charge ot that department from-wiiich lie lioped to see come a ureat measure of good. One of these is tlie single ta.\ method of assessment and taxation. He believes revenues should be raised from land values, that improvements should be, so nearly as possible, e.t-onipt. He looked for success in this matter. Urges Real Co-Operatlon "I liave," he said, "one word to say to you tonight Forget your differences of opinion; discuss everything (Continued on Page 3). Will Start on The Subway at Once "1 have just conic down to greet as many of our best customers as I can meet, and to tell your mayor that it is the intention of the C. P. R. to �proceed with tlie construction of the subway at I3tli street at once," This is the good nev.'s that Mr. D. K. Coleman, superintendent of the .Vlberta lines of the C:. P. K. brouglit with him from Calgary this afternoon. Mr. ('olemnn is a very busy man, and the reporter had only a few moments with Iiira, but the quality of the news given out was very acceptable. 1'he superintendent vouched for the interest of the company in tile farmer, whom he declared to be the very best customer of tlio road. .�\fter a short conference with Mr. Cameron, the divisional superintendent of Medicine Hat, and with Mayoi Mardie, he enjoyed, a look-in at 'the big convention. Mr.' Coleman exptet-s to leave on No, 11 westbound'in'tllrftVi!*^ morning. ;5i:!'^;? 991 05 4 ;