Excerpt from The International Institute of Agriculture, Its Labors in Behalf of Economic Betterment Nor is this all. An increase, such as that verified m 1910, of in production may fail to cause'a fall in prices, if, in the meantime, consumption, especially the number and quality of con sumers, has varied. It is known that since the beginning of this new century a gigantic revolution has been going on in the ratio between the production and consumption of wheat. Consumption is extending to countries which till now did not ...
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Excerpt from The International Institute of Agriculture, Its Labors in Behalf of Economic Betterment Nor is this all. An increase, such as that verified m 1910, of in production may fail to cause'a fall in prices, if, in the meantime, consumption, especially the number and quality of con sumers, has varied. It is known that since the beginning of this new century a gigantic revolution has been going on in the ratio between the production and consumption of wheat. Consumption is extending to countries which till now did not use wheat, and is extending to strata of the population which had hitherto been contented with inferior kinds of cereals. On the other hand some countries, such as the United States, no longer occupy their former position of great exporting countries, whilst others have entered the arena, such as Canada andasiatic Russia, where the cost of production is different, and probably higher. To reduce all these variable and constantly changing phenomena to mathematical for mulae to Single Numerical Statements, to spread this knowledge amongst the farmers, to be the great economic school-master and guide, this is the function the International Institute of Agriculture is to fulfil. After a laborious period of growth the Institute has at last landed on its feet, and from the wayin which it has'tra versed the first difficult stages we are fully justified in expres sing the belief that it will triumphantly pursue its path toward economlc service to the very end. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at ... This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
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