The Kinsley graphic. [volume] (Kinsley, Kan.) 1890-1940, 1891-08-14
NO SECRET ABOUT 1T.
Fun Text. Of the Tsong-Promised
Alliance Circular.
Earuaers Are Advised to Hold Their Wheat
UEttl They Can Get Their Own Price
Tor Lt-AEEunasnts 60 sus-.
Gsia the Demand


nent to the State, a st. Paul (hIinn-)
Alliance paper, is a treatise against spec
IIiators and q request to farmers to
hold their grain until they can sell it
at It's real value The following is a
copy of the document;
The Farmers Alliance demand unani-
mously that the speculation for future
deliveries of cereals shall be prohib-
tied
The greatest competitor OF the farmer
IS the speculator, and his competition
IS not at all fair, because he sells what
he has not got and can sell unlimited
quantities, while the farmer has no
more to offer than nature grants to
him
The specuIator sells for delivery in
any month of the year, and therefore
makes it unnecessary for the actual
consumer, the miller and the exporter
to lay in such stock as he may consider
reasonably sufficient for his require
meuts.
The farmer coming in with actual
grain finds most of his customers sup
piled by the speculator with promises
to deliver.
He has no choice but to sell to the
elevator man at a lower price than the
Chicago specuIatOr has offered his
promises.
It is "a competition between grain
and wind in which the wind has the
advantage as the wind crop is never
short.
The farmer is told that it is best for
him TO sell al quickly as possible, that
there is q suPerabundance of wheat,
that Europe viii pay no more, and that
If the United States viii not sell it,
Europeans will buy OF other countries,
who would be glad to have the trade.
Now, there comes in the swindfe.
India is the only country that has
any wheat to sell to Europe, namely
about 35, 900, 600 bushels per year. All
that they have to spare is shipped or
contracted for long before our crop
comes into the market, and supplies
only a small portion OF the IA, 600, 600
bushels yearly imported by England
alone.
People talking about Egypt, Aus
traHa, Argentine Republic, etc, as
competitors with American wheat are
either ignorant or lie, for ali these
countries together have not enough
surplus for export to Europe to feed it
for three days
You have probably heard that we'll
worn talk, that now every month in
the year there is a wheat crop harvest
ed somewhere in the world. This is
probably true, but it has not q particle
of influence on the worlds market, be-
cause it is all needed at home, and
probably more too.
But no matter how ridiculous his as
sertions are, the speculator succeeds in
depressing prices and makes a profit
If finally at the end Of a crop year the
supply gets notably scarce he still trles
to hold down prices by talking about
the enormous crop that is going to
come.
This manipulation has robbed the
farmer of this country OF $500, coo, 900 in
the last three years
From 1884 to 1887 the crops of Europe
and America were in excess OF the con
sumption, and q low price for wheat
was quite natural, but during the last
three years the crops, though very fair,
were not equal 70 the requirements
which is proven by the steady decrease
of the reserves, which at present are
practically nothing or hardly sufficient
to reach the now crops
with this deficiency in crops thorough
iy known, wheat should have brought
very fair prices during the last three
years according to the laws of supply
and demand.
It makes a difference of one hundred
million dollars per year to the farmers
of this country whether they sell
wheat Mt seyenty-five cents or one dol
lar, and that YOU had to take the lower
price for your product is due entirely
to the manipulation of the speculator.
Noto this gear seems especially designed
6y Providence 10 help cur farming tatsT-
estS..
Our wheat crop promises to be good,
the European crops are worse than
they ever have been, and the reserves
are exhausted
Our AGRICULTURAL department issues
every month a government report about
the crops. These reports estimate the
number Of acres soyVH and give the per-
csnEage of condition. A percentage of
100 is a somewhat ideal crop and would
indicate yield OF thirteen bushels and
q fraction to the acre 1t has been sur
passed only once. namely. in the year
1889, when the condition at harvest
was IOz and the yield thirteen and one
half per ncre- Our present crop is
somewhat similar to the crops
Of 1884. the government report
making the acreage the same and
the condition somewhat less. In ISS4
at harvest time the condition Of winter
wheat was reported as oS and of spring
wheat as 9e- This year the condition
OF winter wheat is $50 and that Of
spring wheat sa. 6 or about S5< per cent
less than the Anal report OF 1854
As the 1rarvsst Of 1851. the largest We
ever had, was 612f1o0, COG bushels, the
last government report would indicate
crop of 494, 900 bushels, say SOC.
COO. eco IN round numbers
The home conSuEap45cn has increased
with the population and IS certainly
over $50, 900, 600 bushels. probably sG0,-
coo. .oco, which leaves Us 10000. 600 for
export
Daring tine last ten years we exported
Ic7, ,o0C. zoo yearly IN average. Of which
Europe received IOT, ,oO0s 900 enc the
West indies aEd South America -. .aGo.-
600.
This yeuz We may have 1aseso. 2es
pare 20 sparc, which, hoEsRes, Tsis Sc