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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
(1882)

Beach, Charles R.
Opening address,   pp. 19-23 PDF (994.8 KB)


Page 20

 
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 
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