The marketing of Canadian wheat with special reference to the Wheat Pool
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Date
1929
Authors
Frayne, Robert M.
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Abstract
"The Marketing of Canadian Wheat" is a theme that has proved itself to the writer to be one of great dimensions. One can scarcely enter into it at all without being drawn into other realms of research that are closely related and inter dependent; for example, it has been suggested in this thesis that the extent of agricultural production and that of industrial production are very closely related. Therefore, what concerns the marketing of the one, indirectly concerns the other. But within the actual "Marketing" of Canadian wheat there is sufficient room for intensive study from an economic viewpoint. Leading up to some of these problems, data has been introduced that might well be termed "economic history". Into this, there have, of necessity, entered several principles of economy that have been dealt with briefly. With this setting before us, it has been our aim to examine the marketing machinery existent up to the formation of the Wheat Pool -- after which an especial emphasis is placed upon it. It has been found that there are some problems common to both the "pool" and "open market", and therefore these have been treated as such. The germ of dissatisfaction, from which the Wheat Pool emerged, is traced through the first sections of this thesis. The germ itself has provened to be a "study". It has been the aim (whether or not this has been achieved) to treat the subject under review without any element of prejudice. More details might have been given, but we did not feel our concern with such. For example, in the section on "The Exchange Method of Marketing" we did not go into too great detail in connection with its structure, but singled out one or two points that had offered themselves for explanation. Then again, in connection with the Pool, several "propaganda planks" have been taken and examined in the light of economic truths, and facts -- and have been found wanting -- at least in some regards. This has been done simply to show that even co-operative promoters, in their enthusiasm for organization, sometimes speak first and think afterwards. For instance, the theory of Orderly Marketing, as at first advanced by Pool organizers, has of necessity been modified to meet actual conditions without apparently hindering the market machinery of the Pool in the least.