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Editorial
January 12, 1905
The Greeley Tribune
Greeley, Weld County, Colorado
What is this article about?
The editorial endorses the Potato Growers' & Dealers' association in Colorado for maintaining potato prices above production costs without monopolizing the market. It notes broad farmer support and encourages others to join to sustain and potentially increase prices.
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Full Text
JUSTIFIABLE COMBINATION.
There seems to be times when combination of interests for the purpose of keeping up the price of a certain commodity is justifiable. That is when one is on the combination side. Then it should only be justifiable in so far as it did not arbitrarily set an exhorbitant price upon the article in question. Right here in Colorado there is now a combination of this kind that seems in every way just and equitable. Reference is had to the Potato Growers' & Dealers' association.
This association was not organized to corner the potato crop of the country, or even of a small section of country, in order to arbitrarily force up the price of potatoes. Rather, it was organized to keep the price from falling to a point where the farmers would lose from 5 to 10 cents a hundred on actual cost of production.
That it has accomplished this, every dealer and farmer in this section are agreed upon. Dealers also claim that no more orders would have been received here had the price been ten cents less, than with the price at 30 and 35 cents a hundred.
Fully eighty per cent of the farmers in the potato belt are now members of the association, and it would be well for those who are not already members to look into the matter thoroughly, and then being satisfied that it is to their interest to stick together, join the association. It seems the only way to maintain present prices and eventually gain a little increase.
There seems to be times when combination of interests for the purpose of keeping up the price of a certain commodity is justifiable. That is when one is on the combination side. Then it should only be justifiable in so far as it did not arbitrarily set an exhorbitant price upon the article in question. Right here in Colorado there is now a combination of this kind that seems in every way just and equitable. Reference is had to the Potato Growers' & Dealers' association.
This association was not organized to corner the potato crop of the country, or even of a small section of country, in order to arbitrarily force up the price of potatoes. Rather, it was organized to keep the price from falling to a point where the farmers would lose from 5 to 10 cents a hundred on actual cost of production.
That it has accomplished this, every dealer and farmer in this section are agreed upon. Dealers also claim that no more orders would have been received here had the price been ten cents less, than with the price at 30 and 35 cents a hundred.
Fully eighty per cent of the farmers in the potato belt are now members of the association, and it would be well for those who are not already members to look into the matter thoroughly, and then being satisfied that it is to their interest to stick together, join the association. It seems the only way to maintain present prices and eventually gain a little increase.
What sub-type of article is it?
Agriculture
What keywords are associated?
Potato Growers Association
Price Maintenance
Colorado Agriculture
Farmers Combination
Equitable Pricing
What entities or persons were involved?
Potato Growers' & Dealers' Association
Farmers In Colorado Potato Belt
Dealers
Editorial Details
Primary Topic
Support For Potato Growers' & Dealers' Association
Stance / Tone
Supportive And Encouraging
Key Figures
Potato Growers' & Dealers' Association
Farmers In Colorado Potato Belt
Dealers
Key Arguments
Combination Of Interests Justifiable If Not Setting Exorbitant Prices
Association Prevents Potato Prices From Falling Below Production Costs
Not Aimed At Cornering The Market Or Forcing Prices Up Arbitrarily
Accomplished Goal With Agreement From Dealers And Farmers
No Loss In Orders At Current Prices Of 30 35 Cents Per Hundred
Eighty Percent Of Potato Belt Farmers Are Members
Non Members Should Join To Maintain Prices And Gain Increases