HIS LIFE AND WORK 



prices at various cities and the world-conditions 

 of the wheat trade. 



The paper which best deserves to be called 

 the official journal of the wheat is the Corn 

 Trade News, of Liverpool; and the building 

 which best deserves to be called the international 

 headquarters of the wheat business is the hand- 

 some new Baltic Exchange, near by the 

 Bank of England in London. This Baltic 

 market is so practically international, in fact, 

 that it is never closed. Whoever wishes to buy 

 or sell wheat may do so here at any hour of the 

 day or night. There are no days in this build- 

 ing and no seasons, for the reason that it is 

 always noonday and harvest-time in some part 

 of the world. In this Baltic Exchange, too, 

 there is now a nucleus for a Wheat Parliament, 

 organized under the name of the Corn Trade 

 Association. This society has undertaken to 

 put the wheat business in order, by establishing 

 standard contracts, collecting samples of all 

 wheats, arbitrating disputes, and condemning 

 all dishonesties of whatever sort. 



[221] 



