Elmer L. Kreger papers
Scope and Content
The collection (1906-1970, n.d.) includes annual reports, correspondence, meeting minutes, news clippings, and a record of Kreger's business expenses during the first two years of FELCO's operation, 1926-1927. Correspondents include Paul H. Appleby, Mary H. Rumsey, and Henry A. Wallace. Included are materials pertaining to a trip Kreger made to Washington, D.C. in 1933 in a successful effort to reverse a National Recovery Administration decision which had declared cooperatives illegal.
The collection contains a variety of records regarding FELCO including newspaper clippings, newsletters, member roster, and several reports. The reports are about FELCO, the Manager's Association, inventory, consumer's Advisory Board, Cabinet meetings, earnings, maps, by-laws, commissions, comparison earnings, and office expenses. A transcription of the tape for History of FELCO and the transcription of the discussion "Managers Sessions" are included as well.
Dates
- 1906-1970, undated
Language of Materials
English
Access Restrictions
Open for research.
Use/Re-use Restrictions
Consult Special Collections and University Archives
Biography/Profile
E. L. Kreger was born in 1886 in Jefferson, Iowa. He was married to Grace Wilcox in November 1904. After graduation from high school he started work in Grimes, Iowa at the grain elevator and in 1908 he became manager of the Farmers Elevator Company there. In 1912 he went to Ralston, Iowa as manager of the Farmers Elevator Company where he stayed for fourteen years.
Kreger started the Farmers Elevator Service Company in 1926, with the idea that if elevator companies would cooperate in purchasing farm supplies in large units, substantial savings could be gained for their customers. Ninety-six elevator operators of the Iowa Farmers Grain Managers Association paid $5.00 each toward the company's operating capital, and Kreger was guaranteed $100.00 per month plus expenses. Kreger managed the company, known by the acronym FELCO, until his retirement in 1954. The original products available to FELCO members were coal, cedar posts, linseed oil meal, and office supplies. Eventually the cooperative handled a full line of farm supplies, including livestock feed, fertilizer, and petroleum. FELCO later merged with the Nebraska Farmers Union State Exchange, becoming the Farmers Regional Cooperative. In 1970, the Farmers Regional Cooperative merged with Land O' Lakes, a Minnesota-based cooperative, becoming one of the largest agricultural supply and food marketing cooperatives in the United States.
Early in the 1930s the National Recovery Act ruled out cooperatives and declared them illegal because they "prorated" the profits back to the businesses." Kreger went to Washington, D.C. on a Monday and working with Henry A. Wallace, Kreger left Washington Friday morning with a confidential order that said President Roosevelt would sign an executive order declaring coops legal on Monday.
Extent
0.42 Linear Feet (1 document box, 1 file card box, 1 ledger)
Abstract
Cooperative manager Elmer L. Kreger started the Farmers Elevator Service Company (FELCO ) in 1926, with the idea that if elevator companies would cooperate in purchasing farm supplies in large units, substantial savings could be gained for their customers. Eventually the cooperative handled a full line of farm supplies. FELCO later merged with the Nebraska Farmers Union State Exchange, becoming the Farmers Regional Cooperative. In 1970, the Farmers Regional Cooperative merged with Land O' Lakes, a Minnesota-based cooperative, becoming one of the largest agricultural supply and food marketing cooperatives in the United States. The collection includes annual reports, correspondence, meeting minutes, news clippings, and a record of Kreger's business expenses during the first two years of FELCO's operation, 1926-1927. Correspondents include Paul H. Appleby, Mary H. Rumsey, and Henry A. Wallace. Included are materials pertaining to a trip Kreger made to Washington, D.C. in 1933 in a successful effort to reverse a National Recovery Administration decision which had declared cooperatives illegal.
Arrangement
The collection is organized by Subject.
Processing Information
Released on 2018-11-01.
- Agriculture, Cooperative--Iowa Subject Source: Library of Congress Subject Headings
- Annual reports Subject Source: Unspecified ingested source
- Businesspeople--Iowa Subject Source: Library of Congress Subject Headings
- Cooperation--Iowa Subject Source: Library of Congress Subject Headings
- Farmers Elevator Service Company
- Grain elevators--Iowa Subject Source: Library of Congress Subject Headings
- Land O'Lakes Creameries
- Minutes (administrative records) Subject Source: Unspecified ingested source
- Nebraska Farmers Union State Exchange
- Title
- MS-0120. Elmer L. Kreger papers, 1906-1970, undated
- Date
- December 12, 2018
- Description rules
- Describing Archives: A Content Standard
- Language of description
- English
- Script of description
- Latin
- Language of description note
- English
Repository Details
Part of the Special Collections and University Archives Repository
403 Parks Library
701 Morrill Road
Iowa State University
Ames Iowa 50011-2102 United States
(515) 294-6672
archives@iastate.edu