, 1874-11-13
follow thu. such Transactions arc unmsreanlls upon

tulHH lHns HNpA tlAAbRVhuuH AAV up"N
l. % sA ccos ..1. h. lst 1s IN S, Fl
lecn ,nads and ri,n by one of t,o oIleera of thnt
Board, hFh III authority. and has neither h!n action
a II" @ ns'M s r ~ ,f a tn nrd sief ef proetie wo
not Ee!ow that Tho Daar by It's alsenso aud inantton
approves Of and inoraos t,esseniG apsse,ia,
my sattsfaettnu, pt.A wV ha alged II yoh viii
gtvc ilo tho aasistance uf your logic. OUTSIDER.
It is an ofronas agntnst tho law cf the State
or Illinois 10 run n corner III grim; put therc
aro very natly things which nhat h0 taEo taken
into account before ve can dcc'o Justly Wietn-
Or or not tho corner la m unmeFcat'tlle tfh'bae.
lion, and wllotlpr or not such Inv u unfair 10
tho extent OF protecting one class OF tsaaoia IN
produce aa against nnotkor Glass,
When q man sells ahort, tint Is. agrees to do
liver certain qunntty Of produce, , within q gwen
tho timo OF making such agreement, 10 o. does e
80 generally tcoAuBe he 4opea to be aoo to buy
it III ut losR prico than tlsat at Which no nns
aod It, tho difference In tho two prIces being l1is
agreee to pay certain prlco for the properly de.
Lvorcd at Tho time aEtecd unor, bccatso he
hopes TINT the market will advance in the mean-
tine. 30 that ho cau soil out at profit.
Whatever tho law may Ray about 1t. thefo can
ho no doubt "a to slo eduItic at tia case. tn is
ono things that auy man has tho moral right to
buy as much property as il offered 70 him. as = =
pfS pg TS oys s es Sat S 5 11 e osy os; s sS
which to pay for tho property whcn IT, 1a 90,
livorad. And Lo LAS tho samo undonbtcd
right natural right which no law shtuld
tsks aw4y ,yars fram % to buy thG ptE;9p t;%e
n tho future as l,o lias to buy It for delivery nt
tho Instant tho purchase Is made. we presume
tloro a1e fow who wil dispute tho equal right Of
ay or got 9 f. so to so provided
70 tleny that is TO deny tho right OF the pnblis-
or Of newspaper TO take my for ba napcr In
| advance, or tho right Of builder to contract to
erect q house, whom at the limo Of nignine tho
| bricka or boama that WILL bo used In tho
structure. The adutsabiiity Of selling produce
short Is another matter, which @ can only b, be
determined in each ndvdwnl sn .hens esse soN We
! otton facintatcs tra1s greatly: Tho country
buyer of produce who soils 5000 bu Of wheat 10
be delivered next month, knows what ho can
pay tho farmer for !! ~ y ia brought N 20 MN
produce offered him, when he could not afford
to tako the risk il not allowed to soil till o had
tho erniu actually in hand: So, too, tho paolscr,
who sells 1000 brls Of pork ahead. knowa wha1
arrangements TO par the wages q luz ncn, in
| full confidence TINT lo will not have to vail for
market whom tho Property u ready Tor delivery.
10th tho buyer and the sailor take the o!'ancoa
onls ono way in which The integrity OF tho com.
| morclal fabric can 10 preserved. That Is by AL
lowing to each PARTY equal lights In tho enforce
nent Of the tcrms Of The contract; md profldinG
The ucaus far Furnishing oithor, Who pl,aEl atoop
to mean tricks to avoid tho performance of what
| both had agreed to do.
Tho Doatd Of Trade il. ITSELF in area. measure
responsible for tho ab,isos caliod "corucrs" by
iss artificial syatctn OF rules, and Its csowdlnB
praotices. Dr. trading ia gcllor the month, tt.-
stead Of aaroeiur to bug and soil foi delivery
within (sayj thirty DAYS from tho da:o Of the con-
tract, its members mako their trades culn,inate
together, whereas q corner would bp nl-
moas i,upossihla Il transactions, we're
aii mature at The same minute; !; and their rulca
for conduct in tho oyont Of non-fnlflllmcnt Of
contract are not haaed on equity, however they
may stand in law II the Board would rule that
in such cases tie party laling to doliyor should
pay tho actual damages accr,,ing to tho othct
party from such faEure, or quit it would Mt oncd
i1aco itsclk right before tho world, and do very
much towards preventing corncts by its mem
bcrp.
Our correspondent shoull remember that, il m
operator GU tLe slott sido has the right 10 move
heaven anl earth to bent down prices tile op.