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Book Review
The Farmer's Benevolent Trust: Law and Agricultural Cooperation in Industrial America, 1865-1945. By Victoria Saker Woeste. (Chapel Hill: University of North Carolina Press, 1998. xx, 369 pp. Cloth, $49.95, isbn 0-8078-2421-6. Paper, $19.95, isbn 0-8078-4731-3.)
| How does a farmers'
cooperative, typically established to help small farmers fight big
business, become a bigeven a very, very bigbusiness
itself? This is the question, previously overlooked by legal and
agricultural historians, that Victoria Saker Woeste considers in
her concise, intelligent study of a powerful California raisin growers'
cooperative's multiple attempts to combine forces without running
afoul of state and federal sanctions against monopolies and trusts.
As the growers came to control more than 90 percent of the raisin
crop, this became an increasingly difficult task. In one effort
to distinguish the California Associated Raisin Company (CARC) from
corporate trusts in steel and oil and gas, the CARC trustee H. H.
Welsh argued that, while rather large, theirs was nevertheless a
"good trust." But, as Woeste points out, Welsh could barely keep
a straight face at his own suggestion. |
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