THE STORY OF THE NONPARTISAN LEAGUE 



quired of each grade of wheat to make a 

 barrel of flour, and to the thousandth decimal 

 the value of each 100 pounds of wheat in 

 flour-making. For six years the records were 

 kept. They showed some remarkable results. 



Thus, to mention but one, in the market 

 No. 1 Northern wheat was usually quoted at 

 30 to 35 cents a bushel higher than the grade 

 known as Rejected. Yet in six years the 

 difference between these two grades in actual 

 milling value averaged only 15 cents. 



This is an extraordinary fact and I am 

 justified in dwelling upon it for a moment. 

 It means that in those six years, 1911 to 1916, 

 inclusive, the farmers lost in the neighbor- 

 hood of twenty cents a bushel on all of their 

 wheat that was graded as Rejected, and 

 smaller amounts on all of their wheat that was 

 graded above Rejected up to No. 1 Hard, 

 the top of the grades. This seems so stu- 

 pendous I had better exhibit it in a table, 

 asking the reader always to bear in mind 

 that the figures of milling value are those 

 reached by six years of scientific research and 

 record-keeping : 



" Spread " or Ascertained Milling 



Grade Difference in Price Yalue by the Bushel 



No. 1 Hard .07 



No. 1 Northern 5 to 8 cents 2.03 



No. 2 Northern 4 to 7 " 2.01 



No. 3 Northern 3 to 6 " 2.00 



No. 4 Northern 3 to 6 " 1 .94 



Rejected 4 to 10 " 1.88 



90 



