The VALISY SETTLER is published
; every Thursday by the Matanuska
Valley Farmers' Cooperating Asso
ciation at Palner, Alaska,.
ling. Editor, Mrs. Verna" :Ersthan
Subscription rates: .*>1*00 c. year
By Mail a yoar
Mailed anyv/hcrc: 10? a copy
This paper is issued for the pur
pose of giving info me. ti on and nows
of the Matanuska Valley Earners’
Cooperating Associations’ work,
problems and accomplishments and
also news of local and goneral in
terest; and to help fos.tcr the
cooperative spirit of the farmers
of the Matanuska Vallcj’. . . |
We solicit the frank and honest ex
pressions of opinion and ideas from
members and employees c f the Co
oper' ting Association and the peo
ple of the community at large.
’’OLD SETTLERS” f COLONISTS', AND OTHER
J2MBERS OF THE HEAR YE,
HU it ye:
7e know you arc discussing the coning
jlection of Boerd ncribors with the
;ror.tost of interest for this elec
tion is certainly of vital importance
to you and to our comunity. It is
the first tine wo have hrd an opn >r
tunity to elect the Board of Direc
tors fron the shareholders.
.You are familiar with the non of pur
pomunity capable of handling the
■ vork of these important positions.
3o we nust make this a nee ting with
LOO0 attendance and be certain that
these qualified non ym want arc
nominated and elected.
/hat we want is a group of nen who
vill act and act wisely. ',Vo don’t
vent a nan who will do nothing nor
me that will do nothing bur ’’kick”.
.Ve want a worker and a ran -./he. can
vork calnly end intelligently for
)ur cooperative good.
* * * * * * *
IONGRATULATIONS? COUNCIBISN.’
‘/e hoar that you decided to work with
che School and the American Legion on
the Public Library. Every one thinks
it’s a great idea and an even bigger
ind better library sh mid cone of it.
7e hope you’ll start a "roro good
• Jks" .
mam
IN THU BEGINNING
There was r. Corporation. The United
Stetes Govemnont set aside some
money to f xrr. c. benevolent corpora
tion for the purpose of permitting
c. group of pooplo to oor.e to Alaska
and there make their hones. The
C rp..ration was -permitted to use
these funds to 'establish a comunity
with buildings, reeds and organiza
tion to serve these people and hoi$
then build a self-sustaining comnun
ity with its own enterprises, busi
nesses and recreational centers.
The articles of incorporation sot
forth that theCorporation would
assist in the organization of coop
erative organizations and other
agencies, and lend money and render
advice and otherwise assist them.
And so there wcs the Cooperating
Association. The Corporation lent
to a group of people within the com
munity about $60,000.00 and said,
’’Take' it without interest and use
it to earn/- on yrnar business to bene
fit your shareholders." It wcs
made possible for every family in
the Valley engaged in the produc tion
of -agricultural products to own one
voting share, so th-t every one
should have equ- 1 opportunity.
In return for this loan, the Associ
ation agreed that until such tine cs
its nor. hers had bed sufficient "'ppor
tunitv to show themselves capable of
rc.nGger.ent .f their business affairs,
and in order t 5 protect the intercstc
of the Corporation, to when the Asso
ciation t>0cere indebted, the Associa
tion would er.ploy the Corporation as
its- rmagorent and sales agency.
The Corporation would hire trained
non vr non capable of handling the
sales plan of the Association.
The shareholders * earnings are in
volved. Successful management means
that the industries under the Coop
erative banner will show a profit
and just thet much sooner the Asso
ciation will be able to own and
operate its own businesses, to bring
additional profit to its members.
The election ~>f a Beard of Directors
is the first step along this road.
If wo choesd wisely at this tine we
'.vill secure the confidence of all,
including the business non end the
^Phcsxn, public of ||Mr.
*