t these things rendered them individually
liable to suffer grave injustices, even without their knowledge and
certainly without hope of remedy by individual efforts. The scientific
selling of wheat was just as important to the farmer as the scientific
growing of it and this scientific knowledge could be obtained only by
actually engaging in the business at some important commercial centre
where the methods of successful operators could be studied.

There was every reason to believe that a scheme which limited its
activities at first to acquiring a seat on the Grain Exchange and doing
a straight commission business, or at most a commission and
track-buying business--that such a co-operative scheme stood an
excellent chance of success. Without much financial risk, it should
prove immediately profitable, afford protection from crooked practices
and at the same time the shareholders could gain an insight into the
whole grain business and thereby equip themselves for greater
enterprises; it would not be long before they would be in a position to
deal intelligently with their problems and pertaining legislation.
Besides all this there was the possible piling up of a surplus revenue,
over and above dividends, which could be turned to good account in
uncovering conditions in Eastern Canadian and European markets and
learning the best ways to meet those conditions.

For these reasons the grain growers of Sintaluta, Saskatchewan, went on
record at this meeting in the little Town Hall as heartily recommending
the formation of a joint stock company which was to be composed wholly
of farmers and to be known as "The Grain Growers' Grain Company,
Limited," with shares at twenty-five dollars each. It was stipulated
that no one person could hold more than four shares, that even these
were not to be transferable except by vote at annual meeting, and that
no man could have more than one vote at annual meetings. With this
single far-sighted stroke the possibility of control passing into the
hands of any clique was removed.

In furtherance of the plans set forth a committee[3] was named to take
charge of the preliminary organization work until relieved by the
election of a provisional directorate at an organization meeting which
it was hoped to hold at Brandon the following March. This committee
was authorized to conduct a campaign for subscriptions in the meantime,
printed receipts to be issued for the same.

Such was the scheme t