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anny, political, religious, or financial, that was ever organised, could survive one week." The others, absorbed, attentive, approved, nodding their heads in silence as the manufacturer finished. "That's one reason, Mr. Derrick," the other resumed after a moment, "why I have been so glad to meet you. You and your League are trying to say 'No' to the trust. I hope you will succeed. If your example will rally the People to your cause, you will. Otherwise--" he shook his head. "One stage of the fight is to be passed this very day," observed Magnus. "My sons and myself are expecting hourly news from the City Hall, a decision in our case is pending." "We are both of us fighters, it seems, Mr. Derrick," said Cedarquist. "Each with his particular enemy. We are well met, indeed, the farmer and the manufacturer, both in the same grist between the two millstones of the lethargy of the Public and the aggression of the Trust, the two great evils of modern America. Pres, my boy, there is your epic poem ready to hand." But Cedarquist was full of another idea. Rarely did so favourable an opportunity present itself for explaining his theories, his ambitions. Addressing himself to Magnus, he continued: "Fortunately for myself, the Atlas Company was not my only investment. I have other interests. The building of ships--steel sailing ships--has been an ambition of mine,--for this purpose, Mr. Derrick, to carry American wheat. For years, I have studied this question of American wheat, and at last, I have arrived at a theory. Let me explain. At present, all our California wheat goes to Liverpool, and from that port is distributed over the world. But a change is coming. I am sure of it. You young men," he turned to Presley, Lyman, and Harran, "will live to see it. Our century is about done. The great word of this nineteenth century has been Production. The great word of the twentieth century will be--listen to me, you youngsters--Markets. As a market for our Production--or let me take a concrete example--as a market for our WHEAT, Europe is played out. Population in Europe is not increasing fast enough to keep up with the rapidity of our production. In some cases, as in France, the population is stationary. WE, however, have gone on producing wheat at a tremendous rate. "The result is over-production. We supply more than Europe can eat, and down go the prices. The remedy is NOT in the curtailing of our wheat areas, but in this
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