Wisconsin Dairymen's Association / Tenth annual report of the Wisconsin Dairymen's Association : held at Sheboygan, Wis., January 11-13, 1882. Report of the proceedings, annual address of the president, and interesting essays relating to the dairy interests
Beach, Charles R.
Opening address, pp. 19-23 PDF (994.8 KB)
Wiscoxanw DAyma-x's AssocumTox. us what we are to the older states. Iowa already begins to claim to be the bnnr ate for buttor, and be l is Dakota. And o the dairy business takes root and spreads with a rapidity equal -to that of civilization, and we in the future will have to meet this growing competition. We can do so sucoemfuilly only i two ways; by either us conducting our busines that our products will cost mu less or by making a better articlelthat will sell for. more. Which is further necessary for the dairymen of Wisconsin to loarn or to do, so that uniform excellence hall be the rule rather than the exception, and at the .sme time be able to, prqduce our goods at so low a cost as to defy competition and still yild a profit to producers? AU true progress in any branch of productive in- dustry is a growth resulting from the skili which comes from long practice, as from the increase of theoretical knowledge is indis- pensably necessary, but it requires time and practice to maie its application perfect. Time will work improvement in our business, and we must not be disappointed over our progress, One of the most serious obstacles in the way of further progres, of the dairy- men of Wisconsin, is -want of fiancial, knowledge of their busi- ness. There is not any clam of business meU, outside, of farners, from the bauiker to the keeper of a ornoer grooery, but have their day-books and their ledgers, their invoices and their belance shoets. To pursue any other course would be to oourt failwre, So insure financial ruin. But how is it with dairymen? What do we know financially of our business? How many of us can tell the amount of his own capital invested?, How much in land, how much ia cows, how much in team and tools? How n/any of us mu toll the exact amount of our gross income, and the sources from which it it is derived, or any equally correct statement of money expended, and for what? To thee and a hundred other similar questions that might be asked, the answer would be the same, " I don't knowl " It must be obvious to the dullest of us that the same accurate fin6ncial knowledge deemed so indispensable to the railroad mayager, the manufacturer, and the merchant, must be equally beneficial to the dairyman. Our busines is equally an important as theirs. We claim to employ more capital and labor than any other productive industry in the state. And is there any reason why we, as dairy- men, may not acquire this knowledge? Is our business so intricate 20
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