The great West. [volume] (St. Paul, Minn.) 1889-18??, 1890-01-10

grasp his skinny hand and shed tears
of gratitude to think he let 'em off
with a balance of their wrecked for
tunes
LET US SUPPOSE
That the owners of 50 million bushels
of grade wheat in Minnesota and
Dakota entered into an alliance with
each other. They could elect a
Board of five men. Let them put the
sale of 25-million bushels of their
wheat in this Boards hands, agree
ing under penalty not to sell bushel
of it except on order of committee.
These farmers need not put all their
wheat into their hands. They could
put 400 out of every five hundred. If
once inaugurated we would find 49,
2Oths of all the wheat in the north
west in their hands in less than 30
days. On this wheat the Board
would, for instance, put price ten
cents above the market! Guns! Do
you hear the storm a'cOmin'-1t was
the Slogan! Minneapolis would split
it's throat wide open. The whole
whe at crew would be looking
around for a fire-escape! About
that time wheat on the rail, for some
of course would be shipped out OF the
balance of the Go million, would rise
5, 6, Z, 8 and cents! Then farmers
who
WOULDN'T TRUST
would hold wheat with a tight grip.
The Board would set her up another
notch. Those who were COMPELLED
TO HAVE WHEAT to fill option con-
tracts would sweat out the first or
ders at any price! $1.O0 a bushel? :?
Yes $1.50-$2OO a bushel-or perish.
Then the Board would find %ths of
all the northern wheat in their con-
trol-and they would keep it as
agents of the raisers-not as own
ers!
EXPENSES.
These would be very slight. The
vast business of the Boards is done
on 9th cent a bushel There are
only about IS million bushels to be
sold One cent bushel on sales
would give the "Board" $6oO,0OO to
pay expenses! One-fourth OF cent
would yield $162,5O0.
This Board could issue printed
market report every evening, of it's
business, and of it's following day
deliveries. And notify county agents
by telegraph when to ship wheat
I and how much, and who to, giving
any amount of time, from one week
to three, yes, five, months. (Deliver-
les, as now sold.) Every bushel of
wheat sold would be scheduled on
the daily report, price reed, settled
how and when, less commission, mon
ey in bank, bills payable, bills re-
ceivable, etc., etc.-every day. And
then on quarter of a cent a bushel
the farmers would be banking sur
plus of hundred thousand dollars a
year. All, but that
FOREIGN MARKET.
Yes, the foreign market bugbear
The foreign market will take from so
to Is million bushels of your wheatif if
it has to pay $500 a bushel for it |!
The foreign market" is in Chicago.
Liverpool quotations are on Jackson
street, Chicago, just across from the
Grand Pacific. People don't manu-
facture wheat with an adze 1t
grows-and Europe will take wheat
at the price the Board sells it to her.
How often wheat goes up in Chicago
and down in LiverpoOl-and vice
versa. The hottest lift we ever saw
on the Chicago Board showed wheat
Off twelve points in Liverpool!
And then, when wheat is worth 81. %
cents a bushel in Liverpool it is
worth 63c. to the Minnesota farmer!
All, but there is the ocean-the
WIDE, WIDE OCEAN!
Yes but it only costs TWO CENTS
to put wheat across the ocean-2,5OO
miles!
Oh, but there are twelve to 1900
miles to New York! Yes, but it costs
only six cents to tai ke wheat from
Duluth to New York City!
But then, Dr., there
Well, What?
Why, your Jim Hills, Washburns,
Pillsburys, English Granaries CON-
panies, Van Deusens, Sawyers, etc,
have to have their palaces how
you farmers would feel if you had to
get out of your sod houses and live in
a poor, miserable, God-forsaken two
story house with plate glass Win
dows and a library full OF good
books!
That is what it means, Cheyalier