The new section simply amplifies the provision in the existing Act and requires that there shall be a detailed statement. The country elevators are patronized by the farmers of the surrounding country who are not in the same position as business men would be to acquire knowledge of the standing of the men with whom they are doing business, and it was considered that this section would be a protection to them. It is In the line of protection for the man who Is doing business with the elevator, and it is not necessary to take the same precaution in the. case of the great terminal elevators who are doing business with business people.
On section 31,