THE NTEA GETS A JOLT

McMillin, Miles

The Cooperative Movement The NTEA Gets A Jolt By MILES McMILLIN THE NATIONAL TAX EQUALITY ASSOCIATION took a sock in the nose from the United States Tax Court recently when the Court ruled that...

...By doing so they hope to wreck the cooperative movement...
...The off-the-record session broke up~ just as the co-op people were getting in their licks in reply to the critic...
...A manufacturer called .. . When he got the truth he asked to have his product distributed through the co-ops...
...A banker called to investigate NTEA charges that the co-ops get cheap government money . . . When he learned about co-ops he became so enthusiastic that he offered to lend money at an interest rate exactly half of that charged by the Government...
...A friend of mine who works for a large business firm in this country recently told me that his company was solicited by NTEA for a contribution . . . His boss asked him to investigate . . . He reported that NTEA was the kind of an outfit business firmB should steer clear of...
...Co-ops In Debt To NTEA I. H. Hull of the Indiana Farm Bureau thinks the NTEA is a good thing...
...The Cooperative Movement The NTEA Gets A Jolt By MILES McMILLIN THE NATIONAL TAX EQUALITY ASSOCIATION took a sock in the nose from the United States Tax Court recently when the Court ruled that patronage refunds are not income to a cooperative and therefore untaxable as income . . . The principal aim of the NTEA promoters is to bring refunds under the income tax laws...
...A mayor of an Indiana town called to investigate the charges .. . When he got the truth he asked that a co-op industry be located in his town...
...This is a big business and should be run like a big business .. . Speak with a tone of authority . . . Many huge coops are being run like little filling stations...
...One outside observer cracked: "You fellows have a tremendous powerhouse that you use for rolling peanuts . . . You have a mere two and a half million members when you should have 10 million...
...Faulty Eggs And Guilty Hens Although Judge Thurman Arnold stole the honors in speech-making at the Cooperative Centennial Congress with his rip-snortin' blast at the monopolies and his forthright endorsement of cooperatives as a powerful weapon to fight them, Ruth Bryan Owen Rohde, former minister to Denmark, gave the wittiest address . . . Cooperation, she said, has organized Denmark's agriculture so well that a "faulty egg shipped to England can be traced back to the guilty hen on a Danish farm" . .. Cooperative organization, she said, has provided even the smallest farmer with the services of the best agricultural scientists...
...Rolling Peanuts' Co-op editors at the recent Chicago Centennial Congress heard some hard-hitting criticism of co-op practices from friendly outside public relations men...
...The anti-cooperative literature with which it is flooding the country aroused widespread curiosity about co-ops, he says...
...In some respects the dissection was a lot rougher than Fred Rodell's piece in The Progressive which raised a storm of controversy some months ago...

Vol. 8 • November 1944 • No. 46


 
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