, 1873-03-04
'or1n to my Of tho oBtal|IBhod grndos. Dut

tloro wore objections to TINT systom,
and It would not bo advinnble, porhnps, to reyivo
1t az Bubntituto for tho prcHont arbltrary pro-
gistona Of tho Waro1aouso law. At tho bcat, It
would bo but partial romcdy. What, then,
ahall DO done? This Ia a question for tho noard
OF Trado, tho railroads, tho warohouHclno1i, tho
country shippers, aul a!1 other partfos Interested
in maintaining tito gratn-trado ot Chicago, TO do
torrnino. They must put their wlts to work and
solve tho prob1on before tho trade iB lont. It in
now held, in cortnin quarters, TINT It would 10
utterly impracsicablo to sell grim on its actunl
morits md tanilo such immenHo quantities us
oo1ne to Chicago. ThiA cannot 10 truo, for, II
true, tho quantity now, coming would speedily
roluco itaot until 1t could bo handled and
sold on it's merits. It is ouly trs1o 10
tho oxtont TINT tho proper moanB Of
handling wheat in this way (anl tho question
ooncornH w1lest moro thnn a1l other grain) has
not yot been discovered. or, II discovered, not
yot applied. h yonr or two ngo, d gentleman from
Philadelphia brought to this city plan for IN
elevator, in which IT would lo practicable to un-
load each consignment Of wheat aopnratoly, koop
In separate bina in storo, md from thonco ship
1t III the very Hanle condition in which 1t waa
brought. no claimed thai ho could do nil this
us quickly as 1t ID done now, thus avoiding all
delny In loading and unloading cars. II this is
true, hore ia practical uolutiou of tho prob1onl.
It is said TINT an elevator Of this kind is now In
working order In tho City Of Philadelphia.
There may DO others In othor cities. No UNDER
stand that this gontloman submitted bis plan
to at 1east ono Of tho rni1road cnmpauics, npd
trying It. 1t Ia certain, nevertheless, that 1t tB
only by tho building Of now elevators Oh somo
Huch plan, or reconstructing tho present
elevators, that Chicago can retain ita supremacy
in tho grafn-trado.
Theroaronow1o 1000, 900 or Il, 900, 600 buahols Of
wheat in Minnesota waiting to be moved. undor
tho unjust discrimination Of cur grading systom,
vory 1lttlo Of this will como TO Chcago whiaa can
find its way to citlcB whero II can bo sold for
what 1t is actually worth. The effect Of MI this
upon Chicago trade is bad, for thocountry daaler
will generally buy whoro bis GRIM is sold. Tho
Only: way In which the confidence Of tho
producers and outside dealers can bo
retained or recovered is, by providing facilities
for handling whont by Which ovory lot can DO
sold for it's actlnl market valuo, when tho ship
pors desire 1t, instead OF being arbitrarily con-
signed to grado bringing eishor higher or d
lover price. Tho difficulties In the way OF do
ing thia aro not as great az thoy would Seem.
Tho larger grain-dealora at original shipping
points buy from 80 many different producers
that they arc generally willing to avorago their
shipments and hare thom assigned in grades.
Honco it would by no mcaua bo requisite that MI
wheat coming to Chicago, Or tho most Of it,
should DO sold by sample. The requirement Is
that those who want to sell by Bamplo shall DO
permitted ind enabled to do SO. Chicago In
vented tho process Of handling grain in bulk.
slo must now invent process Of handling 1t
30 that it can DO sold for what 1t Is worth.