Word: co-op
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Even with the newly built Holmes Hall, freshmen are being placed in emergency triples and, for the first time, in the only off-campus co-operative house. Peach House which is four blocks from the Cliffe Quad at 33 Healey Street, has two freshmen and nine sophomores, none of whom have lived in a co-op before...
...each dealt with some phase of the dairy industry. There were pictures of barns, separators, milk sheds, bottling machines-and of course, cows. In style, the pictures ranged from primitives to abstractions; in quality, they ranged from pretty, good to just fair, but members of the Lehigh Valley Farmers Co-op were pleased and proud. Said one: "I guess an artist is the only one who can feel about a farm the way a farmer does...
This year, President Smith had a talk with Farmers Co-op President Glen Boger. Boger, no special fan of painting, picked up the idea at once. Says he: "I went into it purely for public relations. When you can get 40,000 people into your front door, that's pretty good for any business." The alliance hopes to do business, too. Their paintings, priced from $12 to $3,000, will be on sale for six months. But, sales or no sales, the alliance is now well out of its old, ivory-tower doldrums and ready to paint anything...
...C.C.A.'s "consumers marching on" is President Cowden, now 58. While secretary of the Missouri Farmers Association in 1929, he decided that farmers could save money buying through a coop. With $3,000 put up by six farm coops, he set up C.C.A. as an oil and gasoline co-op in a garage in Kansas City. By the end of the year, he had 22 member coops, and had sold $310,000 worth of oil products...
Built Up. C.C.A. branched out, now produces 80% of the products it sells to its 1,400-member co-ops to retail. While prices are competitive with big chains, co-op members get refunds at the end of the year out of "savings" (i.e., profits). Last year, out of $6,700,000 in profits, C.C.A. members got refunds of $5,000,-ooo. C.C.A.'s growth has been helped enormously by the break co-ops get in tax laws. Unlike a corporation, which pays an income tax on dividends, C.C.A. pays no ^ taxes on its refunds. C.C.A. never claimed exemption...