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Show NEW PLAN FOR ! BEET CONTRACT Utah-Idaho May Base Price on Twelve Months' Average Preparation of a nw contract for) hrM growers, by ihe term a of which It 1 Is propoaed that the farmers be paid fOI 'lien hens ne-ording to the a'ai-age a'ai-age price of sugar or twelv motith Instead of four. hn; hen completed by; Ihe I'tah-Idaho Sugar company and; submitted to farmers for their action. This course ha-s been taken In response re-sponse to 1 reQueal from bsetgrowen UirouRh JamM R BSUS of HOOper, ohairman of the ujai beet comtnlttea of the Utah state. iarm bureau. Th'.. . year proposed is a fisrnl one, from, tober l, lf?n, to October 1, 1921. "When the last contract was made.' laid Mark Austin, ;nerai agricultural al superintendent of the factory, la.st ; nl?ht. "the clause pertaining to he j four months hais of settlement was' copied from Michigan and southern! f'olorado contracts, which had been In I operation for vears. and a'cmlngly had j Klen perfect satisfaction to both) growers and manufacturera However, j thf company was at thrit t.me and Is 1 now lilting to make the whole year. th basis of settlement ilisteed ofi I the four months The communication which i hetng! submitted. 10 the beetgrower" by thel company is as follows. Clause 7 of your heet contract pro- Ides thai or. the COth day of r-brti-irj 1981, 'he sugar cpmpsny will compute the average New York net cash baste price of beet sugar fo thel preceding month? of October, Nnvm-j ber, December and January, and tv 111 pay the growers In addition to the minimum price an eo,unl amount per ton of beets that the average net ca-sh l.asie price of sugar exceeds the. u mount specified in your contract 1 The New York daily quotations! of refined sugar are always subjects to 'lasli discount of 2 per cent. Hence the basic price for heet sugar means; the usual differential between bet I and cans sugar less '2 per cent cash I discount. At thf request of the nperia! sugar bi ei committee of the 171 an state farm j bureau and the committee from Idaho. a 1 opy of which is herewith eooloseo, 1 we have decided to extend to all our) 1 " " I -prrowcrs the option of averaging Lh price of sugar beets for 1920 In Sv f.'i as ihe additional pament is eon- j corned On twelve months' averagt Instead of four month, a orovldea : In the Contract, the twelve months period beginning October 1. 1 f 0 . ana iimning until September 30. 1 f C 1 The additional payment will be made ou ( ti l. .her 10, I ifl, It Is absolutely necessary that each grower designate on the attached slip and return same to the company not lat.r ihan October 20, 19J0. whether h- d'-hlres settlement as provided In his contract or the twelve months' av i .g'- basis as requested bv ihe committee." |