Show FARMERS GET WARNING NOTE Stay Out of Huge Eleva Eleva- Elevator Eleva- Eleva Elevator tor tar Merger Growers Are Told OMAHA OlAllA Nob July It 18 C 15 C J 1 Osborne Oborne president of ot the th Neb Nob- Nebraska farmers farmr union warned members of ot the th union agaInst purchase of stock lock In the UG- UG 26 elevator ele merger now be- be beIng being Ing perfected at t Chicago with the consolidation of or five lve grain hand band bandling ling companies Into a co e co marketing organization or and as- as asserted ts that It i Is suicidal for farmers to dreim ot of o entering Into such sueh a 8 gigantic plan at this timeS time'S time True Tru co operation Osborne asserted starts at the th bottom In the tho th purchase of o small mall elevators by the th farmers farmer That I la Is the plan we have followed In our organ organ- organisation and an we w stilt still have much to learn at the th bottom Right Rl ht now a ft number ot of our smaller mailer elevators elevator have gone fon to the tho wall This is because we w had hadnot hadnot hadnot not learned the th game ram thoroughly at the bottom The next nett step In Inc Inco c operating co-operating is to Join tho the grain exchange and learn to operate them successfully Then it will Ill be time to handle handlo large larr elevators elevator and delve Into e port export trade It It Is suicidal for tor farmers farmer to dream of oC entering into such auch a gigantic plan at this time Ume They should hould remember that they are purchasIng the holdings of these five big concerns at reproduction cost minus depreciation Under this plan farmers farmer would acquire elevators at the tho sellers own price and nd In a tow few years year would learn lern that they could not on the theIn thein In in estment Fui there ther i Is a ques ques- question ques- ques question question tion in my mind whether hether these concerns are ar not rosily combining and taking advantage ot of o oper co-oper- co e marketing laws las to evade vade evad ob- ob ob obstructions sot set up In trust anti anti laws To my mind any farm tarm or- or organization or organization that uses Its influence and publicity sources to sell 11 stock o lc It Its members In this scheme Is betraying its trust and calamity Is certain to follow 00 00 |