CYRUS HALL McCORMICK 



boards have telegrams and cablegrams of 

 disaster frost in Alberta, hail in Minnesota, 

 green bug in Texas, rust in Argentina, drought 

 in Australia, locusts in Siberia, monsoon in 

 India, and chinch bug in Missouri. Good 

 news is here, too, as well as bad. There may 

 be reports of a record-breaking crop in Rou- 

 mania, an opulent rain in Kansas, a new steam- 

 ship line from Kurrachee to Liverpool, and the 

 plowing of a million acres of new land in west- 

 ern Canada. And also there are, of course, 

 the records of the latest sales and prices in 

 other Exchanges. 



Thus the farmer can not only find a ready 

 buyer for his wheat. He can, by means of a 

 newspaper or a telephone, know what price he 

 ought to receive, as all the news gathered by the 

 Exchanges is freely given to the public. Such 

 is the perfection of the news mechanism that 

 has been built up around the marketing of the 

 wheat, that before a Dakota farmer starts out 

 for town with a load of grain, he can go to the 

 telephone under his own roof and learn the 



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