St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1888-01-28
THE GRAIN PROBLEM.
The Independent Buyer Will Al
ways Insure Better Prices for
Wheat.

Wheat.
Special 10 the Globe.
EDGELEY, OAK. Jan. 21.-Edgeley,
La Moure county, is as prosperous and
thriving little town as exists in Dakota
to-day. Probably more than to any
other one cause this condition is due TO
the excellent wheat market that unre-
strained competition affords the farmers
of this vicinity. La Moure, Cakes and
Glendale, all older and larger towns,
were Edgeley'S competitors tor the
wheat of this vicinity, but the street
wheat buyer appeared on the scene,
forced the market from 81 cents to
6S cents, kept it there, and made
Edgeley prosperous and booming
little town. at least during last fall.
This street wheat buyer, Mr.. Dealy.
bought grain at cent margin, and paid
from to cents above the price neigh
boring elevators offered. The result
was the drawing of farmers from "a
diuS of thirty miles in every direction to
sell their wheat and buy their supplies.
A Jamestown paper, commenting upon
this matter. compared their market with
Edgeley'S, which
PAID FIVE CENTS MORE
for wheat than Jamestown, and referred
to the VIGOROUSLY poor local market at
that place. and intimated that the extern
sion of the Chicago, Milwaukee & St. Paul
railroad would bring about the same re-
suit there. Mr.. Dealy'S attention was
called to the article, peruSal of which
prompted him to write a letter, which
is of great interest to the economists of
the territory, containing the practical
views of an independent wheat buyer,
whom experience has qualified to speak.
Mr.. Dealy takes exception to the state
ment that the extension to jamestown
of the Chicago. Milwaukee & st. Paul
road will raise the price of wheat. He
says: keeping the price of wheat nigh
or low doesn't depend upon whether
the Chicago. Milwaukee & st.
Paul extends to Jamestown or
not. They opposed me by every
means i'll their power when l came to
Edgeley TO buy wheat from the suffer
ing farmers. The solution of the wheat
question is simply this: If Jamestown
can get an independent buyer of wheat
at that point she will have a higher
price for wheat. For instance. if they
intend to give big bonus to the Chi
cagO. Milwaukee IL ST. Paul road and
almost build the road for them. why not
take that bonus and put it in the hands
of competent man in jamestown with
instructions to buy the farmers wheat
at
ONE CENT MARGIN or 4 BUSHEL.
'Then viii guarantee to the people of
jamestown and vicinity that they will
get wheat from twenty miles around.
All the farmers will be satisfied to allow
a buyer of wheat l cent margin, but the
way the farmers have been treated is a
crying shame. 1t is needless for me to
say that the farmers know that from 5
to : cents profit is made on every bushel
of wheat that goes into the elevators
along the line of the Chicago, Milwau-
kee Il st. Paul road. Now, if that be
the case, let the people of jamestown
give that road to understand that if they
intend to extend their road they must
do so at their own expense"
Mr.. Dealy says further: sin regard
to the statement about my be-
ing in the interest of the North
ern Pacific, that is a mistake, as l
shipped the first load bought over the
Chicago. Milwaukee d st. Paul. Pre-
Stunning from their treatment of me that
they were working in the interest of the
elevators, l applied to the Northern Pa
cifc for permission to ship grain over
their road. Hence the high price for
wheat at Edgeley. for which farmers
heartily thank the Northern Pacific"