However, merely establishing a reliable source of supply is not the fend of all things, for there remains tthe extortion by dealers. The story is told that a group of dealers had got the market so much into their hands that they. established a sort of monopoly and traded in royal style. When the time came for acquiring mobs of griffins they met fon an appointed day, travelled in Juxuricus state to the railhead and there were met by a fleet of elegant limousine motor cars, wi retinue of cooks and valets, a made their way to the ranches. To pay for all this they demanded fabulous prices for ponies which. racing men often had to agree to buy before they had merely on the dealer's assurance that they were flying wonders, It] was thought that the auction rule would prove to be a check on such practices, but the auction rule has: not been' an unqualified success.
Somewhere about a century ago, a clerk in the employ of the General Post Office in London received from a friend in the Far East a present of a chest of He was a careful family man, accustomed to work out his expenses. to close figures and the chest of set him thinking, with the result hho found out one could save a Jot of money by buying tea in chests instead of pounds. Canvassing amongst his fellow clerks, enough subscriptions to buy another chest, and after that they began to buy butter, bacon and other com-"modities wholesale. 'The next step was to finance a small shop, which was the first instance of' really successful ce-operative buying and which to-day is one of the largest ce-operative stores in the world,
Text read from the printed page and cleaned; old type leaves the occasional error.