St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1892-10-13
AhS0al ETEN PURE

the Atlantic or the other, can demand
from the terminal elevator the amount
and quality of wheat named in the re-
ceipt. 1t would give an open market
for the farmer, and would deprive this
combination of its present power to
control the crop Of the Northwest, and
would give the farmer the benefit of
the price fixed by our surplus in the
foreign market.
One Remedy Suggested.
Others may contrive and enforce
better one. 1t has been claimed that
there should be state elevators at ter
mlnal points, but in any event the rem
edy IS to be thought out afterwards.
The particular question before the
farmer OF to-day is whether ne will con-
tinue in power and place in the state of
Minnesota the men who have oripi-
mated and maintained the system that
has resulted to his injury and his
wrong. Today the representatives of
this combination are posing before the
people as their peculiar savlors. They
are endeavoring to throw the blame
upon the Chicago board of trade. If
the Chicago board of trade is deferred
III its operations by the passage of the
anticipation bill, it will only be riveting
more firmly the shacklss forged by this
combination and now worn by the farm
ers of the Northwest. If there is any
thing that checks them in their
control of the market it is the
existence of boards of trades east
of them. | am no advocate of gambling
i'll any form. but this | say-that the
tendency of the boards of trade has
been to raise, rather than to lower the
price of wheat. Nearly every man who
has lost on the board of trade has lost
because he has bid the price higher
than the law of supply and demand
would warrant. The Spectator who
buys in accordance with the law of
supply and demand will in the end pre-
vail, because the stars in their courses
fight for him: but whether it would in
sure to the benefit of the farmer to stop
the operations OF the board of trade is
not the question he is at present con-
fronted with. Ii they will pay him the
price established in Mark Lane. upon
fair grade, less the reasonable cost
of handling and trans ortatiun between
the point of shipment and the place
where the price is fixed, he will have
no cause for complaint. and until this is
done he Is suffering wrong for which
Remedy Is Demanded.
vi tillS question: VI lIe part prayed Nv
the Chicago board of trade, it is inter
esting to read what Mr.. Moore says in
his minority report 1t is as follows:
"Ihe testimony of Mr.. Pillsbury be-
fore the joint committee is interesting
IN that it attempts to lay the entire
blame of the depressed condition of the
Minnesota wheat market at the door of
the wheat pit gamblers on the board of
trade in the city OF Chicago. am not
disposed to agree with Mr.. Pillsbury in,
this opinion, and this opinion form in
view of the testimony taken before the
committee. | believe that the present
depressed condition of the market in
Minnesota is due more largely to the
combine which, in my opinion, exists
between the elevator systems and the
railroads of Minnesota and the North
west than TO the reflected influence of
either the Chicago or New York mar
ketS."
This is good reading in connection
with the present attempt or the part of
the representatives of the elevator COM
panieS to
''r'sDivert the Indignation
of the farmers from the object at which
it should be directed to the board of
trade of Chicago. The anti-option bill
is simply introduced into this discussion
for the purpose of binding the eyes of
the Northwestern producer to percep-
ton of the true evil. As long ago as
1855 the question of the proper way of
marketing wheat in order to protect the
farmer and give him fair price was
discussed before the railroad committee
OF the house of representatives of Mill
nesota, and a law substantially provid-
ing the remedy have proposed passed
the senate. The enactment of
this law was not opposed by
the railroad companies; Oh the contrary
it was earnestly advocated by one of
the leading railroad men OF the North
west in an able and exhaustive argu-
ment OH the question:. Tie proposed
law failed of passage in the house, and
why? Because tie full power of the
money and influence of the elevator in
tereStS Was brought to bear upon the
questions, for as early as that day they
saw that If the farmer could demand a
receipt or voucher calling for his wheat
at the terminal station, and the rate
for storage could ne fixed by law, the
control OF the markets would pass FROM
their hands and they would be restrict
ed to
A Reasonable Compensation
for the services they would render.
This was not what they were looking
for. A reasonable compensation would |
not satisfy their greed. Nothing less
than 80 per cent for six consecutive |
years would be sufficient for their stoln-
achs. They had enjoyed it; the money |
was in their pockets. Every dollar OF |
it came from the producers of the |
Northwest.
1t is the question for the voter TO de-
eide and to decide rightly, whether this
condition shall continue in the future |
as it has IN the past. The first and the |
primary remedy is to defeat the Repub-
lican ticket and elect the Democratic |
ticket.
The Democracy is pledged to right
these wrongs; to provide remedy for
them. The Republican party. through |
its representatives. stands as the de- |
fender and apologist of the present
existing system.
For the intelligent producer OF the |
Northwest there is but one course to |
pursue, and that is to cast his ballot for
the party that has pledged itself to the
cause OF reform--the party that is led
by Dan w. Lawler.