COOPERATIVE AGRICULTURE IN FLORIDA 97

 is the woik of the corporate body endowed by law with
 the powers of personal entity.

 When farming is done on the bonanza scale the same
 process of marketing is followed: The individual worker
 sells nothing but his service; the corporation sells for all
 the workers and pays a stipulated wage to them.

 When the ownership and operations is on the small
 scale the business is at a serious disadvantage in compete
 ing with the larger business, both in power to handle a
 distributing system and in economy of operation. This
 brings the farmer of tomorrow face to face with the al-
 ternative of collective marketing among the small farm-
 ers or gradual retreat before the corporation farmer.
 The corporation has superseded the individual in all other
 lines Even if corporation farming were outlawed it would
 not do away with the need of collective distribution.

 We need only to study the cooperative movement, as
it is now progressing on both sides of the sea, to see its
possibilities and understand the details oi its principles
What we do is mostly a matter of choice but the conse-
quences of what we choose to do are meted out to us
with cold precision as destiny swings the pendulum of
time

 CORPORATE BUSINESS
 There are three methods of conducting corporate
business'

 1. The ordinary joint-stock method
 2. The co-partneiship or profit-sharing method;
 3. The cooperative method.

 Let us take them up in the order named and study
the essential qualities of each. The process of securing a
charter is the same in all three kinds.