I am perfectly willing to admit
my possible unfitness for the business, but I am also compelled to
admit that I could not succeed and that no advice of mine could help
others."
Although many, either under exceptional circumstances or because of
exceptional ability, have made a success of wholesale poultry
raising, it seems on reflection that Mr. Wolf 's ideas are in the
main correct.
The price of chickens is fixed, like all other prices, by supply and
demand, and toward the supply every farmer contributes his chickens
and their eggs which cost him practically nothing; at least he
counts that they cost him nothing.
Now it is clear that if you considerably increase the supply at any
place, the price will fall, and the farmer, whose chickens and eggs
cost him almost nothing in money, will sell them low enough to
command a market and will continue to raise them, however little he
gets for them.
So you are against inexhaustible competitors who can neither be
driven out nor combined with. It is worse than competing with
bankrupt dealers.
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