Part II.] MARKET NEWS SERVICE. 27 



selves. There may be a time when they can reverse the prob- 

 lem. But as far as flooding one particular market, there isn't 

 going to be any trouble with that for quite a while. I think 

 we have a fairly good system in Providence. When peas were 

 a dollar a bushel on the market there was a man on the Provi- 

 dence market who sold his own produce, — whatever it was I 

 could not tell you, — and loaded up on the peas at $1 a bushel. 

 He lived within 20 miles of Taunton, a city of 20,000 people, 

 with 20 or 25 good stores, and he brought those peas there and 

 sold them for $2.25 a bushel, and made more out of that deal 

 that he made in peas than he did on his own production, because 

 the distribution wasn't being handled properly. If the people 

 in Taunton had been able to buy those peas at $1.50 a bushel 

 they probably would have bought a great many more than they 

 did at $2.25. 



Afternoon Session. 

 The afternoon session was opened by Mr. Wheeler, who intro- 

 duced Mr. F. P. Newkirk of Easthampton as presiding oflBcer. 

 Mr. Newkirk introduced Mr. Leonard G. Robinson, President 

 of the Federal Land Bank, Springfield, who spoke on "The 

 Work of the Federal Land Bank." 



