394 EXPERIMENT STATION RECORD. 



parts of the United States. The advantages of organization are tbus sum- 

 umrized : 



" It should constantly be kept in mind that a successful local organization 

 is a good thing, because it brings the members greater profits, because it is 

 of great social value, because of its educational value, and because it is a clear- 

 ing house for progressive ideas concerning farming in general. But a success- 

 ful group of cooperative locals is a better thing, because it brings still greater 

 profit to each local. It balances or distributes local- losses and, properly man- 

 aged, it brings better goods to the consumer at a lower price by eliminating 

 extra cost of handling and loss of goods." 



Exchange values of farm products {Farm Cement Neivs, 1 (1910), A"o. 9, 

 pp. 29-31). — This article presents statistics derived from Bulletins 39 and 87 

 of the U. S. Bureau of Labor with reference to the purchasing power of prod- 

 ucts in the years 1896 and 1910, and discusses their bearing on the economic 

 status of farmers. The figures indicate an increase of exchange value of many 

 agricultural products ranging from 25 to 400 per cent, the general result being 

 that the farmer's standard of living has greatly improved during the past few 

 years. 



The South and the world's cotton supply ( Manfrs.' Rec., 58 (1910), No. 13, 

 •pp. 60-61). — This article discusses the efforts made by the British Government 

 for more than a century to encourage the culture of cotton in India and other 

 colonial possessions with a view to mailing British manufacturers of cotton 

 goods less dependent upon the supply of raw cotton from the South. Notwith- 

 standing these efforts little progress has been made in increasing the supply in 

 other countries, so that " the South still dominates the situation as strongly 

 as it did 60 years ago, and the careful student of world affairs is compelled 

 to admit that there is not in sight anywhere any serious competition for the 

 next quarter of a century at least with the South in supplying the world's cot- 

 ton needs." 



Cooperation at home and abroad, C. R. Fay (yeio York and London [1908'\, 

 pp. XVI+ItOS). — This volume discusses the cooperative movement in the United 

 Kingdom, Germany, Denmark, Switzerland, France, Belgium, and Italy in its 

 four main phases of cooperative banks or credit societies, agricultural societies, 

 workers' societies, and stores. 



The cooperative movement in Denmark, A. Nielson et al. (Le Mouvement 

 €oop6ratif en Danemark. Copenhagen, 1910, pp. ^1). — ^This pamphlet consists 

 of several papers, prepared for distribution at the First International Congress 

 of Agricultural Societies and of Rural Demography, held at Brussels in Septem- 

 ber, 1910, which give authoritative information concerning the origin, principles, 

 organization, development, and business methods of the various agricultural co- 

 operative societies in Denmark. In these papers, statistics and data are given 

 to the year 1910 on live stock breeding societies, cow-testing associations, cattle- 

 •exporting societies, and societies for the purchase and manufacture of supplies, 

 including the cooperative purchase of feeding stuffs and cooperative dairies, pig 

 slaughter houses, and egg-exporting societies. 



In contrast with such societies in other countries, the cooperative societies in 

 Denmark are confined almost entirely to the economic improvement of their 

 members. While it is recognized that the public high schools have had a great 

 influence in promoting the moral and material welfare of the agricultural 

 "Classes, it is to the cooperative movement that credit is given for establishing 

 Danish agriculture on a sound basis and making peasant ownership of small 

 holdings a profitable undertaking. The social benefits of the movement are also 

 briefly considered. 



Agricultural cooperation in Denmark, M. Koefoed (Cooperation dans V Ag- 

 riculture en Danemark. Copenhagen, 1910, pp. 30). — This pamphlet, issued by 



