The economics of milk is a problem that has gone so long unsolved that many people doubt whether it can ever be solved. FORTUNE recently set its staff to the job of examining this unpromising problem and this week in its November issue comes to the conclusion that there is a solution, in fact that there is no good reason why farmers should get as little as 3¢ a quart for milk, or the public should have to pay up to 16¢.
The price of milk is set by the cost of home delivery. If home delivery were eliminated milk could...
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