St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1892-10-05
Charges Made and Proven
That Will Appall the
Whole World.
Impossible to Reconcile the
Arnold and Stuart Let
ters Of Pillsbury.
How the Work Of DefpauGlin q
the Wheat Grower Is
Carried On.
The Convincing Report Made
by Hon. E. j. Moore to then
Governor.

with headquarters in London. flour
| mills at Minneapolis and elevators all
over the Northwest, to be allowed to
gain absolute control Of the wheat mar
ket of Minnesota?
This is the great, the overpowering
state issue of the present campaign in
Minnesota. ana the squirming of the
Republican leaders and the managers
of that party's machine has only en-
phasiZed the fact that the success of
Knute Nelson means that the old sys-
tenn of robbery of the farmers by the
elevator and railroad combine shall con-
tinue. Bad aS-lt has been in the past,
it may be worse in the future unless
the people of the state rise in their
might and declare that the wheat-grow-
ers shall have a free market.
One of the most remarkable facts in
this warfare against the greatest out
| rage ever inflicted on free people is
| the fact that outside the cities scarcely
any defenders. of the combine can be
| found. AS prominent farmer, who
resides in Renville coufity. expressed it
the other day:
"a farmer who has been robbed can
not be persuaded that the robbers and
their defenders. are quite the proper
men to intrust with the government of
their state"
''Ihe old, old stories of the robbery of
Northwestern wheat growers retold, and
the truth confirmed" is the heading
upon which Hon. 5. M. Owens, the can
didate two years, ago of the Alliance
party for governor of Minnesota, writes
q a Of
Stock and Home.
This article is strong arraignment
OF the combine and follows:
During the past five or six years
Farm, Stock and Home has repeatedly
made this assertion: "If the true story
of the buying and transporting of wheat,
and the manipulation OF wheat markets
in the Northwest is ever told it will ap-
pail the world" Some of the story has
now been told, and the recital proves
that this Journals estimate of it's char
acter was amply justified by the facts.
The opinion quoted herewith was based
upon facts that have been published from
time to time in these columns, and upon
circumstantial evidence quite as con-
vincing as positive. The recital re-
ferred to is contained in pamphlet of
nearly 100 pages, large editions of which
are now being published, and will be
distributed all over the Northwest. A
few days prior to its publication the
Chicago Herald and St. Paul GLOBE
each published lengthy resume of the
book, and those publications inspire
this article. The inference is that the
papers truthfully stated what the book
contains; an Inference easily drawn,
for nearly all the matter quoted is but
confirmatOrY of facts aud suspicious
long since known and neld by thousands
of sufferers in the region named.
That Minority Report.
The minority report of the late legis-
latlve Investigation of wheat buying and
transporting methods in Minnesota is
quite largely used in the book in ques-
ton. That report, though signed by
only one man, Hon. E. j. Moore. all
honor to his name, is so clear, so ex-
plicit, quotes so fully the testimony
upon which its findings are based, that
it forces conviction of its truth and
justice upon the mind of every CAREFUL
reader, a conviction wholly wanting in
the majority report, though signed by
all the rest of the committee. The lat
ter report was entirely eX parte. quoted
not one line of evidence upon which it's
port has been reviewed and commended
in these columns heretofore, and we are
highly pleased to see so much promi-
nence given in the publication under re-
view.
Some New Evidence.
Among the factS not hitherto pub
lished are some fac-simile letters, that
will certainly produce profound SEN
sation when read by the wheat growers
of the Northwest. The first is from
CreditLyOnnaise.a great banking estab-
lishment of Paris, France, under date
of April 8, 'S9. This is to C. A. Pills
bury & Co., asking "iu confidence"
about the responsibility, prosperity and
future prospects "of few of the lead
ing elevator companies in your region"
and asking if money can safely be
loaned to them. In answer to this,
dated April %. 's9, c. A. PilIsbury &
Co. wrote as follows. Qn the book, be
1t remembered. the letters are given in
fac-simile, so there can be no doubt of
their genuinenesS.)
OFFICE OF c. A. PILLsBURY & Co.
MINNEAPOLIS, Mimi. April %, 1889. T
referring to your favor of the Sd inst,
would say that we have been DELAYED several
days endeavoring to obtain more lntorma-
ton for YOU, but find it very hard work to
get full information from all the com panies
as 1t is not customary to published statements
of this kind in this country. But we will
THE largest elevator company in the
Northwest is the Minneapolis d. Northern,
with capital stock of SS25, 900, which would
probably sell for 80 per cent premium. 1t
has averaged during the past six years little
over 30 per cent dividend. We are very
large stockholders in this company. u
The leading company on the milwaukee
d st. Paul railroad system is the Empire Ele-
vator company, formerly Pratt & Porter We
own half the stock of this company, and it
has averaged for several years past 40 per
cent dividends
'The Northern Pacific Elevator company
is very large company. and is the leading
line on the Northern Pacific system of rail-
roads. We t4ink it has averaged 30 or 40 |
per cent dividends.
"The Northwestern Elevator company is.
next to the Minneapolis q Northern, the |
largest company on the Manitoba railway |
system. 1t has capital stock of S700, 600, and |
has averaged % per cent dividends for the |
past FIVE Years.
&C. W. Van Dusen & Co., own the largest