STORY OF THE "FEED WHEATS" 



which was $1.15. And this price, as will be seen, omits 

 the value of the by-products, and is subject to deductions 

 for dockage and the peculiar ministrations of the scales. 



To this pungent example let me add another 

 that to the Eastern mind may seein still more 

 remarkable : 



The farmer that grew that wheat must have 

 flour for his household. There is a large and 

 busy mill at Minot grinding such flour. When 

 he went to this mill to sell his wheat he found 

 that he must pay the freight on it from Minot 

 to Minneapolis, for this freight charge was taken 

 from the price he received. From the mill he 

 went to a local grocery store and bought a sack 

 of flour ground there at the Minot mill and from 

 wheat that he and his neighbors had grown, and 

 found that he must pay the freight on that flour 

 from Minneapolis to Minot. Neither wheat 

 nor flour ever journeyed outside of Minot; yet 

 he must pay a freight charge on both. 



The buying price of wheat w T as the Minne- 

 apolis price less the freight to Minneapolis; 

 the selling price of flour was the Minneapolis 

 price plus the freight from Minneapolis on 

 wheat and flour that never saw Minneapolis 

 nor any other place but Minot. 



Only a universal belief in the dullness of 

 farmers could suppose that such a condi- 

 tion would last longer than the time required 

 for the farmers to get the power to end it. 



And again, grain grades, as I have pointed 



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