CHAPTEE XIII 



THE BY-PEODUCTS OP THE FARM AND THEIR 

 UTILIZATION IN A BUSINESS WAY 



THE Standard Oil Company did not begin to 

 wax rich until it solved the question of turn- 

 ing its by-products into those numerous useful 

 articles of trade from which it has received un- 

 told wealth. In its early history in the production 

 of its chief product, coal oil, there was an addi- 

 tional or by-product produced that was thought 

 to be without value. It was a great waste. 

 Human ingenuity set about to conserve this waste 

 and discovered the great wealth that lie within 

 it, and gasoline, paraffine, in fine, two hundred 

 chemical factors, were produced from it and its 

 by-products are worth more than the oil itself. 

 The company can pour its coal oil into the sewer 

 and yet pay large dividends on its stock. Is it any 

 wonder that the Standard Oil Company became 

 the richest corporation the world has ever known ? 



For years the mills ground the farmer's wheat, 

 and dumped the brand, the wheat's by-product, 

 into the river, regarding it a useless thing. Now 

 it is worth more per pound than the flour, it be- 

 ing richer in food value both for man and beast. 



Ever since the cotton has been subjected to 

 man's use, until a few years ago, its seeds had been 

 regarded of no value other than for planting, and 



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