Dorothy f!» iieil.2an.tar
Palmer, Alaska
Published every reek at Palmer, Alaska, for the Matanuska Valley Fir’-crs' Cooperating
Association for the purpose of giving news of the Associations1 work problems and
Accomplishment Sr
SUBSCRIPTION RATE $1,75 per year $lr00 six mos. 10£ a copy
t7c are aa happy
As happy can be,
For str6o-*ly Cash Trading
Pi’oves fine Policyl
N
lose all our
business if t?g sold
only for cash.
-I_l- • '
co-op
WHAT OTHERS HAVE FOUND OUT.
Tte above picture taken from the Pacific Supply Cooperative of ’Talla ’Talla,Tashington,
represents ’That most cooperatives are finding to be true. Cash trading is a'general
policy of cooperatives, but some cooperatives do permit soma credit accounts.
According to a Kc s Letter from the Portneuf Co-op Ass'n,that Association launched
out bravely on a long considered policy of strictly Cush Trading the first of Auril
this year, T.ile 30 d&ys is hardly sufficient time ill Thick to measure 'the success
of failure of a policy, it has shorn a trend nhich is, the Cc-op claims, distinctly
good. According to figures taken i'rom the bookkeeper^ Journal, the Co-op's sales
during Apri1 of .1947 ’-ere $10,390.02. Earing A ril of 1943 they rero $11,624.34. In
A fil of ’47 Accounts Receivable rere $13,964.11. In Arril of *48 they mere only
,>2,381.74, or les3 than half those of the preceeding corresponding period and these
were Ccoaercial Accounts for vrhich exception ms made in the Cash Trading resolution.
The Fews-Letter says—
"It generally hapnens that when a Cooperative changes over'from a Credit to a Cash
policy that a loss is suffered for sever il months at least, but the Portneuf Co-op
has not only suffered no loss but shows an actual pain. This shows in the first
place that the Co-op membership has evidenced its faith in their Cooperative and that
they intend to support it. In the 2nd rlace it show's that a Cooperative, even tho it
has pursued for a time the dubious practice of passing out “its members valuable mer
chandise for only promises to pay, that it can repent and correct its ways and ho the
better for so doing. In the 3rd piece the Portneuf Co-on, by its Cash Treeing Policy
cut fc ing _it_s bookkeeping costs hjr nearly four fifths, or from approximately' ^3000
Ji, ^ar in the past, to That rill amount to around v4Q0 per year in the fuinro.
"So, if you ask us r'hat re think of Cash Trading, our answer is: 'T7e are all for it."
The manager is happier because there is no\7 money in the bank; the bookkeeper is hap
pier because he can go hone earlier in the day; and our members are happier because
they sleep more soundly at night kno~ing that their accounts at the Co~op are fully
paid and that the demon of unpaid bills will not be staring them in the face at the
end of tho nonthe"
Albert Einstein
_"A ner Type of thinking is essential if mankind is to survive and move to higher levels.
Often in evolutionary processes a species tract adapt to new conditions in order to
survive. Today the atomic bomb has altered -orofoundly the future cf the rorld as re
knew it.
’’A tank is a defense against bullets but there is no defense in science against the
weapon which can' destroy civilisation
"Cur defense is not in armaments nor ir going underground. Our defense is in law and
order. In tho light of tne ner knowledge, the human race must adapt its thinking.”