364 THE GRAIN TRADE 



ing grain prices. What he has are a few enormously wealthy exporters setting 

 their own price upon his product. 



"Argentina will never be a great agricultural country until she emerges 

 from the chrysalis of monopoly which surrounds her grain trade. If the 

 American farmer desires to test the efficacy of our own system of marketing 

 and handling grain, and of our own methods of establishing prices for grain, 

 let him proceed to study the Argentina system. 



"I returned with a most wholesome respect for the American farmer, and 

 I realize as never before, that the stability of this country depends upon the 

 prosperity of the man who produces its wealth just as much or perhaps more 

 than the "man who consumes the products of the soil. But I also came back 

 with a more intelligent regard for the great economic system which prevails 

 in this country, which enables us to market grain at a minimum of profit 

 between the man who produces it and the man who consumes it." Pzckcll, J. 

 Ralph, Agricultural Argentina, pp. 58-59. 



