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appears to have been largely made up of items from press despatches, and is as good as any other list. There is no authentic list of Trusts, and if there were, it would not be correct for a week. I might have added largely to the list, in the way that I presume this was made up, but it is not worth while. The best way is for all to assume that every thing which they buy is sought to be controlled by a Trust, and that in some cases the attempt has been successful, but in many other cases not.

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To the foregoing should be added the California Raisin Association-the pioneer farmer's Trust of America. Its " capital stock" is small, but it is practically, so long as it lasts, a consolidation of the product of the capital of its members. In 1898 these numbered 2,064. The average capital of those engaged in the production of raisins was certainly not less than $3,000, which would make the capital of the farmers' raisin Trust $6,192,000.

The Wine-makers' Corporation of California is a Trust whose members are, for the most part, both producers and buyers, but as their interests as producers are probably in nearly every case greater than their interests as buyers, it should perhaps be called a farmers' Trust.

INDEX.

ABILITY, Business, what it consists of, 248.
Agricolture, Department of; law-changing,
rank of, 534.
-Law-creating, 533-

- Organization of, 535.

Agriculture in Common Schools, 60, 553.
- Beginnings of in the United States, 60.
Cornell University, helps for teachers
of, 554-

-Demand for it in rural districts, 64.

Demand for good teachers will finally get
them, 65.

Desirability of special teachers, 65.
Development of the child's mind, 62.
Difficulty of getting good teachers, 65.
Does not include farm operations, 62.

- Evidence of ability to be required of
teachers, 65.

- How to secure its immediate introduction
in any district, 65.

-Introduction likely to be resisted by advo-
cates of other studies which must give
way, 67.

- Instruction must be suited to age of
pupils, 62.

Must be confined to study of nature, 62.
No text-book needed, 61.

-Not wise to push it in advance of public
sentiment, 66.

--

- Progress of the work in the country, 61.

- Proper compensation for special teachers,
66.

-Some educational questions involved, 64.
Some experience in California, 66.
Special teachers employed in Europe, 66.
Study delightful to children, 63.
Suitable teachers the first requisite, 63.
Tends to keep the boys on the farm, 61.

- The best foundation on which to build a
good farmer, 63.

- Vagueness of the term, 61.

What is learned is never forgotten, 63.
What is meant by it, 60.

- Will be had when the farmers demand

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-Students generally poor, 44.

The original idea, 46.

to the farm,

-Time required for graduation, 43.
Will do special work for farmers, 41.
Agricultural Documents; state and national,
72, 561.

Agricultural Education; commercial view of
it, 44.

- Higher; demands the full strength of the
student, 46.

In foreign countries, 560.

The broader view of it, 44.

Agricultural Experiment Stations; list of in
U. S., 562.

Agricultural Journals, 72.

-Intricacy of questions with which they
must deal, 73.

- Limitations of usefulness, 72.

Must cater to those who supply their reve-

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BANK ACT, National, 140.

Bank Deposits; mostly money of poor peo-
ple, 134.

Banker; necessary qualities of, 132.

The farmers' best counselor in financial
matters, 133.

Bank Failures, causes of, 132.
Banking, methods of, 131.

Sound; how farmers can promote it, 132.
-Sound; farmers' interests in it. 132.
-Source of profits of, 131.

Bank Loans; necessity of prompt collection,
134.

Banks, causes of farmers' dislike for, 133.
Cooperative, 605, 609.

Different classes of, 135.

Do not desire to foreclose mortgages, III.
Large; functions of, 134.

Large; not themselves monopolists, but
essential to monopolists. 134.

Late proposal for security of circulation,
146.

Managers of, not usually rich men, 131.

- National; causes and results of their estab-
lishment, 142.

-

National; great profits of the earlier ones,
143.

National; notes of, 140.

National; not now making undue profit on

circulation, 143.

National; present actual profit on circula-
tion, 144, 576.

National, statistics of, 576.

National; their notes the first good paper
currency we ever had, 142.

Not the enemies of farmers, 133.

Notes of; condition under the state bank
system, 141.

Notes of; history of their use in the United
States, 138-143.

- Notes of; results when inadequately se-
cured, 139.

Notes of, vs. government issues, 146-149.
Private, statistics of, 579.

- Question of allowing them to issue circu-

lating notes, 143, 145.

Results of "runs" upon, 136.

- Savings, 135.

Savings, statistics of, 579.

State commercial; statistics of, 578.
State; notes of counterfeited, 141.

State; supervision of, 151.

Summary of statistics of, 579.

Their function of issuing paper money, 137.

- Their dislike of foreclosures, 136.

Will get highest interest rates possible,
134.

Bimetalism, international not probable, 366.
Bonds, United States; reason for not paying
in silver, 364.

Book Farming, faults of early farm books, 69.
- Modern farm books contain the experi-
ence of practical men, 71.

-Most of the old books really valuable, 70.
Nearly all books on farming lately pub-
lished are valuable, 71.
Prejudice against, 69.

Prejudice arising from exaggerated ex-
pectations, 69.

- Prejudice partly due to the fact that farm-
ers do not read the books which they
condemn, 70.

Books, list of for farmers, 566-575.

The farmer's family should have them, 94.
Borrower, controlled by his creditor, 213.
Boys, Farmers'; drift to cities for easier life

rather than for more money, 97.

- Have duties to parents, 92.

Inclined to drift off among strangers, 94.

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Benefits of to growers and others, 468.
Experience of, 467.

Nature of, 467, 650.

California Wine-makers Corporation, 517.
Condition of in 1899, 524.

Conditions leading to organization of, 519.
Difficulties of, 522.

Difficulty of organization of, 520.

Early success of, 522

Nature of, 521, 650.

Relations of vineyardists, 522.

Cases, Granger the, 287.

Capital, certain to protect itself, 212.

Control of in hands of borrowers more
necessary than in hands of owners, 150.
-Growth of in cooperative stores, 215.

- Tendency of to concentration, 149.
Capitalists, farmers are, 19.

Large, do not receive high interest, 135.
Changes, greater in the last fifty years than
in the previous five hundred, 19.

Checks, bank, perform the functions of
money, 137.

Circulation, per capita, 349.
Civil Service, 192-194.
Clubs, farmers', 291.
Coinage, Free, of Silver, 363.
Argument against, 371-376.
Argument for, 376-384.

-As law stands U. S. would have to main-
tain ratio at 16 to 1, 365.

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Profits of, 156.

- Sales of to themselves, 154.

-- Should be confidential agent and friend of
the farmer, 156.

- Their old methods, 153.
Commodities, relation of to silver and gold,
369, 625, 645.

Common Schools, Agriculture in (see Agri-
culture in Common Schools).
Competition, all men compete with all others
for the possession of money, 101.

-- Always results in combination, 127.
An element in all exchanges, 101.

--As conducted by merchants, 102.
Different kinds of, 104.

Economic science assumes it, 101.
How it operates, 100.

The public press will not properly inform
farmers, 103.

- Universal in its effects, 100.

Competitors, cost of learning about them

must be borne cooperatively, 104.

How the farmer can inform himself about
them, 104.

- Knowledge regarding them the most im-
portant for the farmer, 36.

-Of the farmers, who they are. 103.
Consumers, importance of stimulating de-
mand, 37.

Cooperation, altruism in, 279.

Altruism in Great Britain, 281.

Altruism not a safe foundation for cooper-
ative enterprise, 280.

Cooperation, among farmers, 602.
Among farmers in U. S., 441.

Among farmers in Europe, 604.

Among others than farmers, 605, 609.

Among farmers, result of same forces that
produce cooperation among

men, 282.

business

Arguments for identical for all forms, 439.

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- How induced among the California fruit-
growers, 443, 447-451.

- How regarded by Socialists, 203, 261.
In California, 434, 435.

In California; degree of altruism in, 440.
In California; relations of wealthy pro
ducers to, 440.

In California; some experiences of, 440.
In California, special interest of, 438.

- In Great Britain, statistics of, 607, 608.
-In marketing; conditions of success in,
525-526.

-In marketing dried fruits, beginnings of
in California, 473..

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In marketing dried fruits; conditions
leading to, 470, 473.

In marketing dried fruits, methods of in
California, 473.

-Leaders of in California, 435-438.

Likely to begin among least prosperous of
the class involved, 210.

Most common forms of, 204.

Motives of identical with those of trusts,
440.

-Natural result of excessive competition,

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Should not be based on sentiment, 210, 211.
Ultimate success of not improbable, 527.

Cooperative Banks, 605, 609.

Cooperative Business, compensation of sal-
aried service in, 250-255.

- Fair compensation with honor, the best
assurance of fidelity in management, 256.
How at a disadvantage compared with
competitive business, 249.

--

Impossible without some risk, 218.
Influences to be guarded against in, 255.

Managers of may be largely compensated
in honor, 254.

Managers of not generally respected, 255.
Must assure itself of support before start-
ing, 211.

Must be transacted by a corporation, 207.
Personal expense of managers of, if in
cities, 253-

Requires adequate capital, 209, 229.
Results when capital is inadequate, 209.
-Some kinds not safe for farmers, 214.
-Successful only when intelligently man-
aged. 213.

- Success of depends on personal equation
of membership, 206.

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Will not be sustained if inconvenient to
members, 212.

Cooperative Corporations, effect of good
management on credit of, 225-227,

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