INTERNATIONAL CONSOLIDATION 227 



market, would represent the intelligent, methodical throwing 

 of agricultural products on certain market in certain quantities 

 and at definite times, so that, with relation of supply to de- 

 mand being discounted, they would certainly find their pur- 

 chasers at certain, established price. Thus, by the cooperative 

 system of marketing, only the above mentioned international 

 agreements of agricultural producers as to prices for their 

 products can be realized, and thereby their present miserable 

 income raised, what would mean a genuine improvement in 

 their pitiful condition. It appears, therefore, that in agri- 

 cultural industry of our times the cooperative system of mar- 

 keting is really a whole thing, while all others, its factors 

 and conditions, are indisputably just secondary and subordi- 

 nate ones. So, according to the new cooperative system of 

 agricultural industry now suggested by us, or rather to the 

 cooperative system of agriculture in its full meaning and 

 complete application, prices of all agricultural products shall 

 be established on the ground: (1) of relation of the world's 

 production of the product to the world's demand for the 

 product, and, (2) of costs of its production, with a fair profit 

 added. As of these two factors, which shall determine the 

 price of each agricultural product in the coming Cooperative 

 Agricultural Commonwealth of the World, the first, t. i., rela- 

 tion of production to demand, is entirely a natural one, and 

 the second, t. i., costs of production with a fair profit added, 

 just as much an artificial one as affected by protective tariff, 

 the price thus determined and established will not be fixed 

 arbitrarily for the consumers. On the contrary, as the new 

 cooperative price for all agricultural products shall be deter- 

 mined and established in such a way that the present huge 

 profits of enormous parasitic army of middlemen shall be 

 equitably regulated, this price naturally will be not only profit- 

 able to both — producer and consumer — but also relatively 

 lower than the old competitive one. 



As the modern competitive system of agricultural industry 

 is an international one in its foundation and its character, 

 the new cooperative system of the industry, in order to elimi- 

 nate and entirely supplant the former, necessarily and in- 

 evitably must be an international one also. It is self-evident 



