The Helena independent. [volume] (Helena, Mont.) 1875-1943, 1891-07-13

talk that now every month in the year
there is a wheat crop harvested somewhere
in the world. This is probably true, but it
has not a particle of influence on the
worlds market, because it is all needed at
home, and probably more too. But no
matter how ridiculous his assertions are,
the Spectator succeeds in depressing prices
and makes a profit. If finally at the end of
a crop year the supply gets notably scarce
he still tries to hold down the prices by
going to come. This manipulation
has robbed the farmer of this country
of $500, 900, 900 in the last three years.
Now this year seems especially designed by
providence to help our farming interest.
Our wheat crop promises to be good, the
European crops are worse than they ever
have been and the reserves are exhausted.
"There is n remedy, simple, effective and
entirely within your control. The stocks
of wheat and four are hardly large enough
to supply the wants of this country until
the new crop comes in. The Temporary
early crop and a rush into the market. If
for some reason, wet weather for instance,
the rush of new wheat should not come rs
early as anticipated the market for this
crop would start in with double the prices
you nave obtained during the last few
years. But If wet weather should not pre-
vent an early harvest is it necessary that
you should allow the speculator to
rob you of half the value of you
crop? Could you not act as if rain
had really prevented an early harvest,
and could you not for once avoid undue
haste in supplying the speculator with the
means of keeping down your prices?
Resolve for instance, that In view of the
condition of the worlds crop a minimum
price of $l.25 for wheat in New York is
moderate and conservative, and that NOM
bers of your organization pledge themselves
NOT tN Nj 50 flnI ne trltnnt ut lryrAr rtIRnr
unless they are under contract, and that
they will use their best efforts with friends
and neighbors outside of the organization
also to act on YOUR resolution. Resolved,
also, that the state alliance form a commit
tee which shall keep Itself posted about the
worlt's markets, and from time to time
notify the farmers of changes taking place.
and advise them upon the minimum prices
that they may reasonably expect.
"The minimum price indicated is not at
all unusual or unreasonable, for such n sit
uailon will probably not occur again in a
century, and you can be assured that if the
speoulator we're in your position he would
consider ~ wheat as a matter of course.
BY holding off a few weeks and marketing
grain gradually the farmers will learn To
know their power, and If they exert IL al
ways with moderation and according to the
true situation it will be of infinite value to
all their interests for many wears. 1t will
indeed take conservative and wise counsel
always to moderate such moves to the actual
condition of the worlds crops, but this year
you cannot make u mistake, nor will you
have to wait even a single month for the
desired results. You cannot afford to lose
the chance that this year offers you.
Don't got excited, even if prices go
far above those Indicated. This
year it liz easy for the farmer to protect his
interest. Next year we will be better pre-
pared to meet any attempt at manipulating
prices. You must not mind the doings of
the SPECTATORS. LIST them sell wheat prom
Uses at 10 cents u bushel; that has nothing
to do with real grain. Spectators have
sold more than your surplus cop already
they to do that? Will you sanction their
agents by delivering your grain Mt prices
made by them without even consulting you?
They have nothing to deliver, and a few
weeks' patience on your part will make an
end of this swindlo forever. When the
wheat gamblers, who have already con
tracted your whole crops, hear of n deter
mination on your part to hold your gram
for a higher price than they have sold it
for il is likely that they will make
desperate efforts to further depress
prices on futures for the purpose of soaring
you. This must not effect you in tho least.
for il you hear that a man has sold your
horse or COW and has to deliver it in a oer-
tam time II ia your luck because he has to
come to you nrst and make his bargain md
you will know what to charge him. III the
speculator sells your wheat for you without
consulting you, it is the same thing. Let
him do no and be thankful to him, for he
will come soon enoughto make his bargain