The Benefits of Speculation (Classic Reprint)

The Benefits of Speculation (Classic Reprint)
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Excerpt from The Benefits of Speculation

Economic evolution has produced the grain exchange, and benefits resulting directly from the establishment of this institution are uniform grades, honest weights, ample storage, large drying and cleaning capacity, adequate banking facilities and uniform and equitable trade rules. - Page 204, Chapter XIV, Volume 20 of the modern business d104.

The train was speeding thru the great Wheat coun try of North Dakota. It was harvest time and thru train Windows farmers in their broad-brimmed hats could be seen busily engaged in gathering the golden grain. Had you watched them, as the train sped along mile after mile thru those vast fields of the world’s staple, you might have marveled at the great wealth that mother earth was bringing forth and might have glowed with pleasure in thinking that perhaps this very grain would avert famine in sorely stricken Belgium or Armenia or Poland.

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