Show j STORAGE PlAN U OF WOOL MEN MENIS U IS LAUNCHED U Committee Empowered to Se Sc Select Select lect Storage Point and Work Out Details CHICAGO MAKES STRONG BID FOR WESTERN WOOL MOVEMENT TO BE ORGANIZED IN FORM OF A STOCK COMPANY 4 M 4 M 4 M M Six men selected yesterday esterday by b Pres PresIdent 4 4 Ident Fred W Gooding of or the tile Na Nn 4 4 Growers association and 4 thirteen en commissioners one from 4 each of or the western 4 states will direct the national wool 4 storage movement mo ment and select the city 4 which is to be made the central l 4 storage point This was the arrange arrangement 4 ment made at yesterdays meeting of or orthe 4 the assembled in Salt Lake 4 The T e members of or the committee ap appointed 4 4 pointed by b President Gooding are as 4 follows Edward II H Callister 4 dent of the Itan Itah tah Wool Growers W WScott 4 4 Scott Anderson of or Boise Idaho Maho 4 Thomas Austin of Salt Lake J 3 T E 4 Cosgriff of or Rawlins Wyo and W 4 4 B II Sleeper of or Cody Wyo W o Mr 11 Good 4 lug Inc will be the sixth member 4 4 The states which will send commis 4 to act with these six com corn 4 are Oregon Washington 4 4 Itah Utah Idaho California Arizona 4 4 Montana New ew Mexico Wyoming 4 4 Nevada Texas Colorado nd South 4 4 Dakota 4 4 The first work of or the men met who will 4 4 have charge of or the storage movement 4 4 will be the making of or a tour of or the 4 4 cities cUIC which have hal asked to be named 4 4 the central storage point Denver 4 4 Omaha St Joseph Minneapolis St 4 4 Paul Milwaukee and Chicago 4 4 President Gooding said saM last night 4 4 that the tour would probably be com coin commence 4 4 mence 1 on October 1 4 4 44 4 Resolutions were passed at yesterday mornings meeting of or the western wool growers rowers In the United States circuit court courtroom courtroom courtroom room In the federal building indorsing the he proposed 1 national storage movement and pledging the support of all the sheep hecl men present to the plan Although there was a hard fight to In Induce Induce induce duce the wool growers to name Chicago as the wool storage point of or the national movement it il was decided to defer the selection of or the warehouse city until a complete investigation Is made into the UtI advantages of oC all the th cities which have hap entered the struggle str ille to be named as the central point in the big movement This Thie action was recommended by the commit committee tee tte appointed on Tuesday afternoon with Instructions to prepare a plan for the stor storage storage storage age movement The committee was com corn composed composed posed of oC W V B n Sleeper of or Cody Cod Wyo Timothy Kinney Rock flock Springs Wyo Wo C CB CB CB B Stewart Salt Lake W V Scott Ander Anderson son Boise Ida J T E Cosgrif Rawlins Wyo 0 and President Fyd Fd W V Gooding of or the National Wool Growers association association tion The members of ot the committee on taking up the subject of oC the national stor storage storage storage age movement reached the conclusion that they the lacked sufficient Information concerning the proposition of ot the various arlous cities suggested as storage points and for that reason reported to the meeting that all of or the cities should be visited before the movement was as launched Lively Debate Ensues The reading of ot this report precipitated a vigorous debate As William Wiliiam H Manss Mansa commissioner from Crom Chicago had bad Informed the assembled wool growers that the bankers of oC Chicago would advance SO per cent of or the market price of or wool upon all shipments to that city some of the were In favor Cavor of naming Chicago as the storage point C B Stewart secretary of the Utah wool growers and several others energetically energetIcally energetIcally opposed hasty hast action While it was admitted by some of or the speakers that the Chicago proposition was waa advantageous it was suggested that It would be wise to secure definite pledges from the bankers and business men of oC that city elt and from all the other cities which have asked to be made the storage center It was at last decided to adopt the re report report port of the committee As some of the members of or the commit committee tee were not able to spare the time to tomake tomake tomake make the journey journe to th the various cities tf t thai nt Rt are to be visited and as it was nee necessary necessary to the com corn committee committee essary es ury to give greater power it was decided to authorize President President dent tIent Gooding to appoint a new committee of six which acting with one commis commissioner commissioner from each tach of oC the state wool grow grol growers growers ers associations will have hae full Cull power to prepare a plan for Cor the national move movement movement ment mont select a storage center and If It they to be con controlled controllEd see ee fit It incorporate a company trolled by b the th wool growers grow rs which will take charge of or the details of ot the move movement movement ment meat Committee Has Power i This Thill committee will not have hae to report at a future meeting of or the wool growers I but hut will at once proceed with the formu Connu I hating lating and carrying out of ot plans of or the tit i national movement to eliminate the buy buyer bu buer er from Crom the wool situation so that the tit wool growers may ma sell their products di direct direct meet to the manufacturers It was decided that the committee of or six and the commissioners from the vari varl various van OilS ous state organizations shall meet at atI some point to be hereafter selected so 80 that I the tour of investigation to all alt the cities under consideration as points may maybe maybe maybe be commenced not later than the middle of or October Denver will first be visited then St Joseph Omaha Minneapolis St StPaul StPaul StPaul Paul and Chicago It Is 15 probable that other cities will be visited but It was definitely decided to select a western city as the storage center The wool growers extended a vote of oC thanks to the city of Salt Lake for the hospitality with which they had been treated while here to President E 11 H Callister and Secretary C B n Stewart of the Utah wool growers and to President Fred Frt d W Gooding and Secretary Secreta George Geore GeorgeH H Walker alker of the National Wool ol Growers association for their efforts toward bring bringing bringing ing In the together to ether Mr MI Manss Promises It is La probable that 1 i l toe bankers and business men of or Chicago make definite to carry out the promises mail made a aby by bit Mr 11 Manss Manas the wool growers will se select t lect ct that city as the storage point Mr Ir Manss said that the Chicago bankers would advance 30 50 0 per cent of or the market of or wool upon tue tn presentation of oC the th bils blIS of or lading showing that the wool had bad been shipped to Chicago and that they the would advance an additional 30 0 per cent upon the tile preservation of or the warehouse va receipts This would make a total of or SO SOper soper SOper per cent of ot the market price which the growers would receive upon wool stored In Chicago Mr lr Manss Mansa also said sold that at the meeting at which It was decided to ask a the wool growers to make Chicago their warehouse city bankers were present who controlled 1 Continued on Page 2 I f l STORAGE PLAN OF WOOL MEN MEM LAUNCHED IS Continued from Page 1 hundreds of ot millions of or dollars and rail railroad railroad railroad road presidents who were prepared to tomake tomake make arrangements that would prove ex cx extremely extreme advantageous to the wool grow growers growers growers ers Representatives of or other cities In Inthe Inthe inthe the struggle declared that It was Improbable Improbable improbable able that Chicago bankers railroad presidents presidents presidents dents and business men would pledge themselves to carry carr out Mr II Manss pr m mIes Ies I es Many llan of ot the wool growers left Salt Lake yesterday after the close of the meeting Others will remain here a few tew days das before scattering to their homes Wool buyers who watched the proceed proceedings proceedIngs proceedings ings in Salt Lake closely say sa that the national storage movement cannot reach large proportions and that it is I absurd to tolay say lay that pounds of ot wool may ma be shipped for storage They The say sa that the wool growers will not pledge themselves to ship all their wool woo to a central point as the producers will desire to be free Cree to sell Kell their wool whenever a satisfactory t price Is offered whether at their shear shearIng shearing Ing nf corrals or at the storage warehouses Will Have Free Hand Ha d Leading wool growers are also of the opinion that no pledge to ship for tor storage should be asked Tho rho wool growers arc aro in the business to make money moner for tor themselves them elves and not notto notto notto to build up a wool market In some city said President Edward E Callister of ot the Utah wool growers The various cities desiring to be made the storage point are aro not so much concerned in the welfare of the wool growers rowers as In building up their own commercial Importance In this storage movement every pro producer producer producer ducer should be left lett free to sell his wool whenever a satisfactory price is offered All AH of our arrangements should be made with the idea of benefiting the wool grow growers firs ers The creating t f a wool market In some city Is far from being the important thing to be achieved Secretary C B Stewart of ot tho the Utah wool growers whoso whose efforts prevented the naming of ot Chicago as the tho storage center on the promises of Mr Ir Manss Manas said Tho The wool shipped under the national storage movement should be sent to tho th city offering the tho wool growers the best advantage It should be b a plain business proposition |