St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1892-09-19
THEY WILL coUxT.
he banning Letters Are Place.
side by side.

AaC - S11c
The book. which is entitled "a CT
galitic Conspiracy" places these Letters
SIDE by side with the letter written T
ar. flilsbHTy TO Farmer Arnold Stain.
tiiat TIE elevators were losing money.
and side 10y side also with his state
iaeHfs that his company and all other
companies in the Northwest never, IN
IAelr most prosperous years. averaged
over Il per cent profit The testimony
DeIOre the house committee on agri-
culture and the state judiciary commit
Tee seems TO have been ransacked BIZ
the compllers of the book, with the re
suit that they have tangled ND C. A.
f1llSbury and shown where he made
statement IN one breath and contra
dleted 1t in another. This testimony In
lhesa two committee meetings was
taken, 1t viii be remembered, in the
night for the passage of the anti
option Dill The examination OF Mr..
t'llisuurY On those occasions brought
out statements which were in substance
Ihat the elevator business and the mill
ang business of the Northwest were not
Profitable, and that the wind-sellinC on
the boards OF trade throughout the
country aud option trading were the
direct and only causes which he knew
for the failure Of the farmers TO get a
reasonable price for their wheat
"a Gigantic Conspiracy claims in a
very elaborate argument that tie wind
selling or option trading OF the boards
OF trade has nothing whatever to do
with decreasing the amount which the
farmer receives for his wheat, but that
the cause Of the poor price for this ce-
real Is found IN the combination among
the Northwestern elevator men and
millers. 1t is sought 10 DE shown that
nor only do the Pillsbury- Washburn
milling interests in the Northwest de
Drive the farmer Of fair compensation
for his crops. but that they also rob the
mliIers OF Indiana New \ Ork, Mary
land. Michigan and other states wher-
ever milling is conducted by using
the best grade of wheat for their own
mills and permitting only the skin" or
mixed grades OF wheat to ga out 10 other
mills. II Is claimed that they carry this
trand 10 the extent Of shipping ''skin"
wheat 10 Europe, and it is alleged that
the character OF the wheat on the Eu-
rOpean markets fixes standard price
and that that standard price governs the
price OF wheat IN the West and North
west. 50 that the effect is that the farmer
gets for his finest grade of wheat the
price OF the cheapest grade. 1t is said
that the European miliers cannot COM
pete. consequently. with the high
grades OF -four made by the Pillsburys,
and this same rule applies 10 our do
nestle nllleTS who are moi IN the North
western combine.
United States Senator Washburn re-
celYeS q scoring at the hands of the
compilers for his failure TO mention al
any lime IN congress the facts which he
stated In his letter TO the Paris bank 10
the effect that the elevator companies
had made good profits. and he Is also
accused of bad faith in endegvorng 10
put the blame for the condition of the
wheat market ON the boards Of trade
when he must have known from thes
letters, as well as through his acti ons a
president OF the 500 railroad. thai the
fault did not lie with the boards of
trade, bUt was directly traceable TO the
niIIers and elevator men OF the North
west, aided and abetted by the railroads.
A direct charge is made against Senator
MaShbuTn that as president OF the
800" railroad he co-Operated with the
elevator men in preventing competition
with the combination. It is asserted
that he ordered the general manager,
one Underwood, not TO fur
nish ears 10 independent buy
ers. and that by this means
competition was stihed. The evidence
OF one man is given who says that had
this competition been permitted he
could have paid the farmers q larger
price for wheat than the combine eleYa-
Tors were paying and made as much
money in sixty days at selling wheat Is
he had made in farming for eight years,
so much less than its real price is being
paid for grain by the members Of this
gigantic association. A fac smile OF
the letter written by Senator Washburn
is printed and the feelings Of the junior
senator from Minnesota are not spared
in this arraignment of the mo1eyed men
OF the Northwestern states. a cartoon
shows Senator Washburn's poverty
stricken million dollar home as com
pared with the -'palatiaI' mansion of
the farmer. Tie PiIlsburys are car
TONED as robbing with one hand the
farmer and endowing institutions in
their old home il New Hampshire and
the University OF Chicago ana educa-
GOnal colleges IN Minnesota with the
other.