PROCEEDINGS OF TWENTY-SIXTH FRUIT-GROWERS' CONVENTION*; 143 



Furthermore, the combination of the associations themselves is very 

 far from being a satisfactory arrangement, for instead of being just one 

 exchange, as it should be, they are organized into a multitude of 

 individual exchanges, with no stronger authority for enforcing obedience 

 to general rules and regulations than simply the word of honor. Of 

 course, this ought to be as binding as any law, but somehow it does not 

 prove to be an unqualified success in commercial affairs. 



Also, the present arrangement does not by any means do away with 

 competition entirely. 



It is to be hoped that as the years go by the benefits of cooperation 

 will appeal more and more to the intelligence of the growers until they 

 shall all belong to the exchanges, and that the exchanges, instead of 

 maintaining their individuality in such a manner as to keep alive the 

 spirit of competition, will unite in one common exchange, in which the 

 welfare of one becomes the welfare of all. Under such conditions, 

 coupled with our natural advantages, I am persuaded that there will be 

 a great future for the walnut. 



The Convention then adjourned until Friday, December 6, 1901. 



