, 1866-10-24

In yesterdays report Of the cattle market We brletF
alluded the fact that that the live stock commission
men, and a number Of the large buyers, had formed 3
combination for the purpose Of withholding from the
public the ereadc particulars Of al ttansactioas
In live stock nadc by them. We iorebose
making my comments on the strange pro.
cecaluK nnt!1 We shoa1d lean the motives
ard probe 10 the bottom the anfnus that prompted It.
The assigned hy the 'coumssion uen for this
resolution Is follows, In the words Of one Of the
ucmbers Of The t4rtng:'
awe arc selling stock for ncn who buy In the cou1.
AZ t ne epf 4t = o 20 ~ &c. II ssfF G
as y, ~ " Ss rsa n s
aceoani hs 1iss they TSn.
In other words the farmers koox too mueh-ase too
vel posted on the markets. and the mtdd emcn whom
-t Is their dut{ to aid" fEd thcr haze to deaf with
these who AFu ~ Intelligent ~ they. It is exceedingly
generous on tho part Of the commission project
the tddlemen hut this generosity can be easily ap
pFctI&tt Ehcu Il Is known that the tuIdditsner" IN
most instances are merely the agents Of tho 'cotue-
sion men, The latter provide Al the capital Tor the
business, and tho former merely receive = per-
etntage on the profits. When the lire stock
commission business WIS started here none were 70
eaEtf 10 have their tTacssc:sons reported Is they
none 70 quick to turart loEaon+ and iu o1d-F 70
have their business Qualifications spread broadcast
throughout the country. they never rested until, hy
persistent solicitation, they specteded In hAva: their
names pubtfshtd in connection With the transactions
daily Elven IN The catsle market reports. HAVING
grown rch 1t the business. hey requested few days
ago hist their names be 1ef oct in connection With
the sales This WAS Willingly done br the reporters Of
tic morning papers, Is 1t ssred them no small anornt
Of labor. Finding tina: this did not
prevent ths sock sa!sc-s aad farn.rs FROM
keeping postcd the market valua Of taer property.
they row set 10 deprive him Of al kuowedec Goa
cr:ss!rs It. Morally II u The pxs-st had OF fraua.
. Nlat Eould be said Of MN that would " bhore~ ~
counterfeit money on = child, who Vas lncarsb!e +
kro~ns whether II IVES good OF had2 Ia aas worse
to take advrn'ase Of mans ikroEanec, In the puF
cEake Of article. when the buyer adopts 10
to tts value The live stock r,nanlss!on would
conte,uu the former, md Why not the latter? The
one Is equally ~ great crime IS the other.
Tie - commission Dtn'' ought TO retczn3zt th1t
COMPETITION Is the fs oftf2ie The competition ofhuy
era Is a1rfoht to the sellers. and Te>s
TIC a2ioms OF commerce. and no combination Of Lire
Stock Commission mtn caa crcs tmrsaca their valtdi
r.. Withheld from the taEtne- the Chicago market.
and what wl1l 1t Ava1l tn srommi<slon mea7~ There
arc otter markets where cattle are disposed OF. The
farmer. BY taking the T1IsrxK, can hsvc
. daily rsposs Ct the New Io.k Cattle
the prices In that city, easily determine tbs ya.le
OF hi. stock Al horrr- II the .ratddl.men or the
"comm1ssion men," IT most instances TWO na1aes for
one do not oner IN approximate tsuzr the
farmer can Tefnse TO ee md, by Withholding ttoc8
ron The maEkrt, can eventually obtain his pcc. In
the long run the ~cpmmiseIon mea ~ viii
suffer br tho steps her hAvc taken ia
this matter. They eaznot form combination that
will Withstand public o2tnson aud must give waE.
c}se abAncon the held.
This latter alternative the buyers a-c now trying to
force rron them. bat the poor dapes do not nc u. Tho
buyen haze signed the paper. sud tell tne
F" "cesnratsston nea' that cit Il good
tltrf." ~they'1 help theua.~ @tac farmers
know too much d. but to The reporters they tell
different story. The buyers that the "coE.
ikslon rnen' ase falls posted, which naxcs /, di..
cuit thing TO obtain ~blE trades II the "eozn.
rnIsxlon mtn" werc sway, tho buyers eoald
hare things pretty much their own war. aad
tic latter asr now "essuG on" the former
in thels he1assrons ca.eer, veil knowing tasH their
hopes r1ll be ultimately conspnmatci. The farm.
iuc community and the stock hare b-cn salts.
ned lh the old syBes-A tzle and impartial report
Ct tic uatkr without aay da:r ial;ern proceedings
A.d as NC pa5hsL \ paper tos-the cou1au