The anti-monopolist. [volume] (Saint Paul, Minn.) 1874-1878, 1875-08-16
WHEAT RINGS,

About month or two ago friend Of
ours had some wheat to sell which was
stored in an elevator on the line Of the
St. Paul & Pacific R. R. He went to
Minneapolis and passed from mill to
mill trying to sell it. Everywhere he
met the same answer: 1--WE are not buy
ing wheat, but Mr.. lis buying" At
last he comprehended that the millers had
all entered into Wheat Ring to prevent
competition. He went to see the man
they had all referred him to, and got his
bid for the wheat. He then called, in
ST. Paul. upon another large wheat buyer !;
and was then told that they " would not
bid for wheat on the line of the st. p. &
P. K. R.-that Mr.. (the same man)
was buying wheat on that road, and they
were buying on such and such roads.
He was at last compelled to sell to that
Mr.. forjust what he saw fit to offer.
We find from our exchanges that
these wheat rings are still at work. The
Glencoe Register says:
| We regret to feel obliged to say, that the
management Of our grain market for the last
few months has been very unsatisfactory to
| all parties interested, except, perhaps, to the
buyers themselves. Thousands Of bushels Of
wheat that shonld have been bought here, have
| been taken tn. Henderson, Norwood and other
worth of trade has been diverted to other
points, that Glencoe should have had. All
this comes of allowing foreign buyers to con-
troll thu market There is no earthly reason
why wheat should not have commanded dol
lar in this market for the last ten days at least
II Henderson can pay Sl.l5, Glencoe can pay
II 90. If Norwood can pay 81 90, Glencoe can
pay as much. and We are confident that but for
the fact that Van Auken & LANCE control the
market and dictate to our home buyers the
prices that shall be paid, wheat would be worth
as much in Glencoe, ~ it il at Norwood and
Henderson.
i The Minneapolis Tribune admits the
existence Of the Ring and says:
The price paid at the various out stations !.
graduated by the price herr, less the cost d
purchasing and freight to this city. In formins
this association tie object was to reduce the
cost Of purchasing the wheat, and for this enc
alone they dispensed with all superintendent.
but one, and all local buyers but t,ne at eacf
station. Il Is true some local buyers ar.
thrown nut and are displeased with the ar
rangement, and would make others dissatisfied
How coo;ly the admission is made
herein, That the object was to "reduce til,
cost OF purchasing the wheat and tina
they have combined together and de
stroyed al composition BY only having
one buyer at each place, thus leavinf
the farmer the choice Of taking what tina
one dealer offers him or 60 home with
out selling his wheat! And the Mime
!. apolis Tribune is surprised that Their
should be any attempt made 70 ..mak
! others dissatisfied"
) DOUBTLESS the railroads are in the Ring
|: II they are not the farmers should shi
i by the carload to Milwaukee, and leav
the Minneapolis millers without whes
I for two q three months. They woul
4 soon cone to their senses and stop thei
;. Internal tricks 70 rob the producers.
/ the railrSads are in the Ring there is o
: remedy bot to combine and help elect
! Legislature that will protect the peopl
from syeh knavish combinations bv
Z proper NV to regulate the roads.
: In the meantime we want our farme
e friends 10 study up the subject Tai
q the price in Milwaukee and the rate ,
. transportation, and see what their whe.
2 should Be worth; send all the facts a
I figures 10 the ANn-MOxoPoLIsT, and v
twill air them.
! We would also suggest to our reade