Under the special conditions offered in the Far West this certainly was an appropriate method for increasing all of a sudden the wheat supplies of mankind. It answered its purpose when large territories of unoccupied land were opened to enterprise. But it could not answer for ever. Under such a system of culture the soil was soon exhausted, the crop declined, and _intensive_ agriculture (which aims at high crops on a limited area) had soon to be resorted to. Such was the case in Iowa in the year 1878. Up till then, Iowa was an emporium for wheat-growing on the lines just indicated. But the soil was already exhausted, and when a disease came the wheat plants had no force to resist it. In a few weeks nearly all the wheat crop, which was expected to beat all previous records, was lost; eight to ten bushels per acre of bad wheat were all that could be cropped. The result was that “mammoth farms” had to be broken up into small farms, and that the Iowa farmers (after a terrible crisis of short duration--everything is rapid in America) took to a more intensive culture. Now, they are not behind France in wheat culture, as they already grow an average of sixteen and a half bushels per acre on an area of more than 2,000,000 acres, and they will soon win ground. Somehow, with the aid of manure and improved methods of farming, they compete admirably with the mammoth farms of the Far West. In fact, over and over again it was pointed out, by Schaeffle, Semler, Oetken, and many other writers, that the force of “American competition” is not in its mammoth farms, but in the countless small farms upon which wheat is grown in the same way as it is grown in Europe--that is, with manuring--but with a better organised production and facilities for sale, and without being compelled to pay to the landlord a toll of one-third part, or more, of the selling price of each quarter of wheat. However, it was only after I had myself made a tour in the prairies of Manitoba in 1897, and those of Ohio in 1901, that I could realise the full truth of the just-mentioned views. The 15,000,000 to 20,000,000 bushels of wheat, which are exported every year from Manitoba, are grown almost entirely in farms of one or two “quarter-sections”--that is, of 160 and 320 acres. The ploughing is made in the usual way, and in an immense majority of cases the farmers buy the reaping and binding machines (the “binders”) by associating in groups of four. The thrashing machine is rented by the farmer for one or two days, and the farmer carts his wheat to the elevator with his own horses, either to sell it immediately, or to keep it at the elevator if he is in no immediate need of money and hopes to get a higher price in one month or two. In short, in Manitoba one is especially struck with the fact that, even under a system of keen competition, the middle-size farm has completely beaten the old mammoth farm, and that it is not manufacturing wheat on a grand scale which pays best. It is also most