VALLEY SETTLER
Published cnee a week in Palmer/
Alaska for the Matanuska Valley
Farmers' Co-operating Association,
for the purpose of qiviny news of
the Association's work, problems
and accomplishments.
By... Lucille Le Due
per year
per copy
ASSETS
Loans
No.
Amount
Current
25
$5,550.14-9
(b) '
Delinquent
0
0.00
Cash
1,865.65
c, .an
Total Assets $7 ,L21. II4.
LIABILITIES
Shares
Reserve for bad loans
Undivided profits
Total Liabilities
6,893.99
156.76
INCOME
Interest on loans 489.58
Cash over and short .02
iorai income ■jpq.oy.ou
EXPENSES
Unamortized organization
cost
Surety bond premium J.26
Examination fees 28.50
Stationery and supplies 1^.68
Miscellanious general 8.55
Total Expenses $110.79
Net Profit 378.8l
1. Members,
December 31, 1951 86
2. Potential members 200
3. Loans during 1951 31 13,225.00
4. Loans since
organization 70
$23,692.00
ARE COOPERATIVES
DEMOCRATIC ?
ARE THEY EFFICIENT? DO THEY
FAVE THE WAY FOR- STATE C T'KRSHIF
AND INCREASING GOVERN:"TNT CONTROL?
To find these things out Canada's
National Farm Radio Forum recently
conducted its annual nation-wide
series of Farm Forums. And if Am
ericans and Canadians are as much
"think-alikes" as it is sometimes
said, United States farmer coopera
tives can well take to heart the
opinions voiced by the 10,000 Can
adian farm folk who participated in
the 800 forums conducted over nine
provinces.
They would find amon,; other
things that:
1. Three out ‘of every four be
lieve the most important way to
insure the success of a co-op is to
hire an efficient manager and staff
plus leadership by an alert board
of directors and cnou \h membership
to provide sufficient -uisinoss.
2. A cooperative should only bo
formed when there is a real need
fer one in the community, when ex
isting services are inadequate or
unsatisfactory; or to ''provide com
petition, to help break monopolies,
or to prevent exploitation by
'private' enterprise."
3. One out of every three Can
adians picture the annual meetings
--at which matters of policy are
decided—as failing to represent
the views of the whole membership.
Part of the difficulty was seen in
the small attendances at the meet
ings .
In tho main, co-op members
control their own business and are
independent of the government. A
minority expressed the opposite
view, and a few more were uncertain.
(The Cooperative Di :est News)
The Evening Craft Club meeting
of last Monday evening, took place
at the home of Mrs, Ben Hudgins,
The following were presents
Marieve Laird, Blanch Ryan, Agnes
Zaborac, Karla Duff, Harriet Bell,
Nina Stock, Esther Bruckbaucr, Anne
Harris, Wanda Daggs, Eloise Hudgins
and Helen Crites. The evening was
spent cutting stencils out for tex
tile paintings they hope to begin
at the next meeting which will also
be at Budgin's. Feb, 11.