, 1873-02-22

Tomorrow (Saturday), being tho anniversary
OF Washtngton'e birthday, will DO observed as a
holiday In commercial circles In this city. Tho
Board Of Trade rooms will DO closed.
Tho rights and wrongs OF different parties
under our present eyaton Of grain inspection;
are difficult to understand, especially when tho
truo positions Of tho partios with regard to tho
operation Of tho, system arc unknown and It
would seem that there ORC but fow OF those who
most agitate tho subject who understand the
nnturo and force Of those rotations.
In tho first place, the farming commnnity have
worry little to do with it. If wo except a yory
Tow men who operate farms on go large acale
that they nrc nble to mako direct conGIgnments
ct big lots to the city, tho farmer has only n
secondary interest. and a very small ono, in tho
matter, Tho ordinary farmer takes hiY grain to
tho depot in the country, aud there losoa coutrol
Of it. He aella By sample to tho dealer in tho
country, and generally obtains its relative value,
whatever that may BE-, Tho country, buyer
delivered to him, and mixes tl,on, to-
gethor, generally operating, as much to his
eye to the systom of inspection IN tho oity. He
can afford to pay q better price for tho. better
qualities Of shoat than Tor inferior, even though
6oth would paas In The samo grade in Chicago |;
that the whole parcel will inspect just above tho
lowest limits OF given grade. But whatever ho
may do with it, tue farmer Inns lost all direct in
terost In tho grain, aud all control It before
Indirect interest lie has In tho grain inspection
system il that due to the faot that II tho inBpco-
tion here bo 40 conducted that the country buyor
is unfairly troated, tho latter may be unable to
would Ito. But this interest cnn be only smell.
because unlosa an inspection system DO villain-
Gus ono, or bo yillainouuy conducted, thero will
pc no settled discrimination agatust ono man or
nffI Ott rrr NJ
to tho dotr.nont Of M individual will generally
be counterbalanced by IN error Ia tho other d.
roction at some other tirno. Tho farmer has,
therefore, put uttlemore interostint inspection
community. His real grievances lie not 80 much
in that direction aa IN tho fact OF unnecessarily
high ftolghts-where they crist. A tlinlnution
,3on nS g m s gs hs gs
tho farmer would receive for his grain (tllo
other 1o inuring to tho benefit of tho consumer)
While change In inspection would not make q
change should involve q creator or Ioaa expouao
in the hn1,1ling OF tho produce Tho real intor-
est Of tho farmcr lica III having the grain han
dled as little as possible, and that handling
timea Of speculative excitement in ] particular ar
grade, 1t males not an atom Of difforonco to
him, whatoyor may be tho artificial distinctions
mado in tho grading OF tho grain after It las
paased out Of his poBgoasion.
II VIC tako this position with regard to tho
producer, NO are certainly Justified ii assuming
Tho same thing in reference 10 tho ultimate con-
aumer; and the only resulting conclusion is that
y tho inspection Of grain DO necessity ut all,
~ Is necessity only to tho dealers, and should
10 regulated by them to suit their mutual con
Tenlenee In sllurt, tho Slate has no moro right
10 e, ohsanah arbitrary regulations for tho grading
OF grain, and to appoint mon to do IT fCerha,,a
mon q y who know nothing about tho obusiuoss], thau
IT. has TO regulate tho WY in which Two
pofhonS doing business with each other ullall
keen tloir accounts poatcd, and appoint tho
Clerks to keop those accountB, ualust tic viii Of
.ne prlnclpala; Tue atase l.as tho right to np-
tho lHsnno, criminals, nnd hankruptH. II liz
people Who deal tn grain bclong to noitlier Ut
these classes, mud do not appeal to the Htato to
arhltrate bctweon them ,ll.lblo to agree. It ia
difficult to see by what principle ct sp,nnon or
uncommon law tho stato can asso,t a,I asau,na
tho right to supervise tho details OF tleir LunI.
neHa,
TIE MAHKETs.
Tho loading produce 1narkcta wero moderately
aotlyo to~day: with q general to,,donoy down
wssds In gsaln md upwards In hosn aud lion