SCEC Calendar - 1926
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Farmers' cooperative | |
Industry | Grain |
Founded | 1911 |
Defunct | 1926 |
Headquarters | Canada |
Area served
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Saskatchewan |
The Saskatchewan Co-operative Elevator Company (SCEC) was a farmer-owned enterprise that provided grain storage and handling services to farmers in Saskatchewan, Canada between 1911 and 1926, when its assets were purchased by the Saskatchewan Wheat Pool.
In the early 20th century wheat farming was expanding fast in the Canadian prairies. Saskatchewan had 13,445 active farms in 1901 covering 600,000 acres (240,000 ha). By 1911 the province had 95,013 farms covering 9,100,000 acres (3,700,000 ha), mostly growing wheat. By 1916 there were 104,006 farms with 14,000,000 acres (5,700,000 ha) of cultivated land. For years the prairie farmers complained of unfair treatment and lack of true competition between the existing line elevator companies, who owned the grain elevators where the grain was stored before being loaded into railway cars. In response to these complaints the Manitoba Grain Act was passed in 1900. The act was well-meaning, but at first was ineffective, and a series of amendments were needed to iron out the flaws.
The Saskatchewan Co-operative Elevator Company (SCEC) had its roots in agitation by the agrarian reformer Edward Alexander Partridge of Sintaluta. The organization meeting for the Grain Growers' Grain Company (GGGC) was held in Sintaluta, Manitoba on 27 January 1906, with Partridge as the first president. The GGGC was a cooperative marketing company, but at first did not own elevators. In 1908 Partridge published the "Partridge Plan" in which he advocated many reforms to the structure of the grain industry, including government ownership of elevators. Under pressure, the Manitoba government purchased elevators in 1910, but the operation was not successful. The elevators were leased by the GGGC in 1912.
In Saskatchewan premier Thomas Walter Scott arranged for a Royal Commission on Elevators in 1910. The commission recommended a system where the elevators would be cooperatively owned by the farmers rather than by the government. In 1911 legislation was passed by which the Saskatchewan Co-operative Elevator Company (SCEC) was incorporated to run elevators under this model. The SCEC was a joint-stock cooperative company whose shares would be sold only to farmers, who could not buy more than ten shares each. The government guaranteed the company's credit. The SCEC was to provide elevator services for local farmers, and later expanded into selling grain. Farmers could buy shares with nominal value of CAN$50 for just CAN$7.50. The remainder of the company's capital requirements came from a government-guaranteed loan that the SCEC would repay from its income.John Archibald Maharg (1872–1944) was the first president, holding office until 1923.