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. To make much money you must have at least some monopoly, and even a little bit of the earth that is well suited to your purpose where there is no unreasonable and unreasoning competition, will give you a chance.

But while it is true that the farmer's subsidized hens have a very disastrous effect at times upon the market, the fact is that, notwithstanding the tariff, we import millions of dozens of eggs laid each year by the pauper hens of Canada and often of Denmark.

Another fact to be considered is, that it is when eggs are most plentiful that the farmers depress the market. With their ways of handling their poultry, their hens lay only when conditions are most favorable, and in the winter when eggs are as high as fifty cents a dozen in cities, they have no eggs to market. Like the market gardener, to be timely in market is to succeed. A week may mean an annihilation of profits.

It is a different proposition to raise a few chickens as a side line as the farmers do.

A workman at the Connecticut place of one of the experts who has revised this book had a bit of land not more than 100 X 200 feet, and for several years cleared $100 a year by raising eggs and broilers, doing the work together with that of a little garden of small fruits before and after working hours The chickens fed largely on green food in summer.

In selling your surplus at a profit, the same principles apply as in raising a surplus to sell at a profit.

While poultry and egg raising does not require that you must be first, it does require that you market your produce at a time when the prices are highest.