Weekly graphic. [volume] (Kirksville, Adair Co., Missouri) 1880-1949, 1886-07-02
ID soaring away his intended

Il tACtAAAAo d
These gamblers regard the
farmers and country dealers as
their natural victims, as much as
the wolf does the lambs; aud any
thing which might tend to prevent
these victims falling into their
voracious jaws they regard as a
wanton interference with their
vested rights" 1t worries them
to see the farmer retain any of the
Sweat of his brow" when they
are so well adopted to "put it
where it will do the most good. I"
lie there is to be any advance in
price of grain they regard it as
the bounden duty of the farmer to
sell it to them quick while it is
cheap, and they will be the
Josephs to sell it out to the con-
sumers at an enormous profit after
they shall have manipulated the
market. They sold millions Of
bushels of the farmers grain for
future delivery, and now are only
interested in running the price
down till they get possession of
all the grain in the country, when
they will turn "bulls" and run it
up to high price for the benefit
of the consumers ISM
Therefore, whoever advises the
farmer to hold his grain till it is
needed during the drouth they
regard as their natural enemv.
But these small listed gamblers
like the one who wrote me, are
indeed 'lambs" themselves. My
said correspondent, and others like
him probably commenced buying
grain for great rise as soon as
he read my June paper, which
first told of the coming drouth.
But as l stated in one of my
papers last winter, the rule with
the great gamblers is to see which
side the lambs are mostly on, and
them combined to Greece" them
out, having done which they then
load up for the great rise. Hence
the grain market jumped up sud
denly soon after my Jnne paper
was issued; but the "Big Bears"
saw it and jumped onto the Lit
tie Bulls" and crushed them by
depressing the market. But the
drouth is now so near at hand
that even the big Bears will
get tossed by the Bulls" of Ma
ture, if they hang on a few days
longer. A great drouth is too big
a ''Bulp' to be worried by even
big Bears" as was the case in
1881.
l think that so much of the
spring wheat as was put i'll very
early will make a fair crop, but
that much of it was put in too late
to escape the great heat and drouth
in July and August.
As to the corn crop, 1 see no
| salvation for it. Even that which
which was planted very early as
[ advised last winter and spring
will be cut short, though it will
make fair corn; while that planted
the last of May and in June will
be dried up before it is in tassel,
except in a few places which will
be visited by the local storms.
Gould and other capitalists may
be able to hold up the price OF
railroad stock though / doubt it.
Ii left to the operation of natural
laws they will not be worth near as
much a year from now as they
are to-day; while grain will be
worth twice as much, except, per-
haps wheat, which will be in
fiuenced by the crops in India and
other foreign countries which [
have not computed. The wheat
crop is immense on the Pacific
coast as I predicted last October
would be the case, but that goes
to Europe by water chiefly.
If India has a good crop, as I
understand is the case, then wheat
will be cheap in Europe and high
in America east of the Rockies;
and as there will be no corn for
export, it follows that the carry
my trade of the east and west
railroads will be very largely re-
duced, which will cause a tumble
in the price Of stocks.
The drouth will cut the cotton,
tobacco and many other crops
short. In fact drouth is more
damaging to the country at large
than all the rains and tornadoes of
the worst season can possibly be.
There is no danger of early
frosts this fall. Killing frosts
will not come till late, and then
they will find that the killer
(drouth) has anticipated them.
The summer will be an intense
ly hot one till Oct, and if cholera
gets start in America this year
it will probably spread rapidly.
[ think the general average of
all crops in the United States, east
of the Rocky Mountains, except
winter wheat, will be from IS to 40
per cent below the average, which