The Rutland daily globe. [volume] (Rutland, Vt.) 1873-1877, 1874-04-25

corn is worth to get 1t TO market. We
have closely watched the whole of the con-
trovcrsy, and this has been the whole argu-
mcnt, or the basis of the whole argument.
We find, every day or two, just such little
tit bits as this, which we quote from the
New York Graphic "What these mono
"polies do is q matter of fact too patent to
"necd detailed specification. A man buys
corn in Springfield, ILL.,, for nine cents a
bushcl and sells it in Springfield, Mass,
" at the doors of the Republican office, for
sixty-one cents bushe, and finds that
he has made just one cent per bushel by
=" the transaction" Now we know not
whether such may be the rate of
freight or not, but we do know that corn
cannot be bought for any such price in
Springfield, Illinois, or in any other por-
ton of the west situated on line of rail
way and within reasonable distance of a
depot. We will admit, if you please, that
the charge for freight between the Misss-
sippi river and tide water are cxtorionate !;
that if New York or Springfield were the
only markets for corn, the rates might be
prohibitory although they arc not, but
the trouble is that the western farmer de-
ponds upon home market and has, in one
sense, nothing TO do with the question of
freights to the cast, one way or the other
Corn can be, and is raised at profit in all
portions of the west, except in those places
where horses and oxen have to be depend
ed upon for means Of transportation No
person can expect to make money on any
kind of produce, if he is compelled to
"tcam it" ono or two hundred miles, or
more II Is under these circumstances,
that corn is sold for nine cents bushel or
burned for fuel, if it ever is so disposed of.
Let us look at the figures and see il we
are right. 1t is said figures cannot lie, and
that facts are stubborn things. We assume
as u fact that Buffalo, Cincinnati, Detroit,
Toledo. Chicago, Milwaukee and St.
Louis are natural markets for the west !;
and to these we will add. as reaching "a
portion of the grain growing region, Louis
vile and Memphis. The dav. or the day
after, the tit hi, of the Gjpphic appeared.
corn, that is ,restern corn, ranged. in New
York city, from eighty to ninety cents,
with large arrivals and dun sales, being
more than twenty-five cents on the bushel,
on an average, above the price mentioned
by the Gr0phic--a difference enough to af-
ford fair profit to the suppositious buyer
at nine cents. The same day at Buffalo,
corn was selling at eighty and cighty-two
cents; in Cincinnati, for siXty-tive to sixty
eight cents in Detroit, at seventy-sevcn
and one-half cents in Toledo. from seven
ty-one to seventy-threc cents; in Miwall-
kcc, for siXty-two and a half cents in Chi
cage, from sizty-two to siXty-six cents,
while rcjected corn sold for sixty-two; st.
Louis, siyty-seyen cents; Louisville, sew
enty-fivc cents; and in Memphis from
eighty-two to eighty three cents. These,
of course, are the governing prices, the
prices of the wholesale dealers. The pro-
ducer sells for few cents under these
prices, and sells probably to middle men.
If New York merchant desired to pur-
chase cargo of corn on the day named, he
would have been compelled to have paid
these prices, and these prices, with the
freight added, fix the price in New York
city. There is not western farmer that
could not make money by raising corn at
ten or fifteen cents bushel less than any
of the prices named. Wheat commands
the same, relatively high price at all these
points, and with corn furnish the farmers
with the greater proportion Of their money
for the year-and they suffer not for the
want of it by any means Understand us.
We do not claim that there is no monopo-
ly in the carrying lines from the west to
the cast we do not say freghts are not
too high but we do say, and the facts and
figures show it, that corn and wheat can
be and are raised at renumerative profits at
all points of the west accessible to rail
road communication.