The Black Hills union. [volume] (Rapid City, Pennington County, Dakota [S.D.]) 1889-1904, 1892-04-15
'IHOI.D YOUR WHEAT

1t may not be out of place to again re-
mind our friends of the independent per
suasion that once upon d time their pseu-
do god Loucks issued What was called a
Hold your wheat CIRCULAR, Many de
luded worshipers at the shrine of his ldola-
try have held their wheat They have fed
countless thousands of rats and mice witt
it They nave seen it shrink through Il
whole winter 10 a very appreciable amount
They have carried their own insurance IL
gainst loss by fire and thieves, and many
have lost seriously from one or the other
of these causes. They have seen the mar
ket price slowly bnt steadily decline un.
til it is now worth from 10 to ~ cents per
bushel less than it was when Loucks issued
his ultimatum. These are cold facts that
hurt. They chill the very marrow in the
bones of the alliance skeleton. But say:
Do you:hear of any tears being shed by
the Canadian boss? Do you hear of his
making any explanations?:,, And do any
of you know how much Rebel Folks part
ner was paid by the wheat gamblers to
9 out such word to his blind apostles?
Hardly. But who is wailing? Not
Loueks-you bet.-South Dakota State
journal.
The above may sound Il little harsh
to some OF our independent readers,
but it contains Il deal . truth than
romance-or poetry. if it is seasoned
with vinegar, SO to speak.
1t is q fact that many farmers in this
vicinity who needed that circulars adj
vice, or figured out for themselves that,
by holding their wheat they would make
money, have lost 10 to Is centsahushel
on their crops, with every prospect OF
Al -, ~ II ~ ,e f1,np ~, ~, TO ,,,It .,.l
with little hope OF getting even if they
they hold 1t another season.-Speartish
Weekly Register.
The aboys is a sample OF the argu-
ments used by republican papers to
weaken the independent movement.
Their plan OF operation is not new;
they have always labored under the IN
preston that the people were fools. To
carry out their plans they generally
prove themselves knaves. With regard
to the circular spoken OF above, it was
not issued by II. L. Loucks but by the
editors OF the State, published at st
Paul or Minneapolis. 1t had no con
ncction whatever with the people'spartA
and the alliance went SO Iar as to issue I
circular denying all connection with tho
"hold your wheat" circular. AS to til,
judgment shown in holding wheat
From all statistics at hand and tigurin!
on the fallacy Of Supply and demand
it appeared wise to hold, and the opin
ion vas backed by the advice OF all TIN
leading papers Of the land wlthoutregarl
to party. If any party should attemp
to make capital out OF the unsatisfac
tory condition OF the wheat market it il
surely the independent or people.
party. The Register concludes 9Th,
experience has been a costly one, but i
may be worth all it has cost to most O
those who have been punched, if they
will only profit by it and be willing il
the future to sell for u REASONABLE
profit. The era OF 50. wheat passec
when the relation OF greenbacks to golt
pressed from $3.50 for 81. to equality.
Reasonable profit indeed. 1t costs tn
average farmer IS cents for every bushe
of wheat he raises. Combinations ofcar
IIdI, DOldlLu ldl llcIS, III uOuDU lG
duce the figures, but they can be reduce,
but little by the farmer who works OF
borrowed capital at existing rates OF in
terests and taxation. II the farmers q
the Hills had OF freely offered tllci
wheat at 10 how long would the pric
have remained there? II farmer
must be satisfied with GO cent
as the Register ADVISES, why no
act with some political party that fav
ors government ownership and opera
ton Of railroads at actual cost, that
portion OF the "a cents necessary to ge
it to Chicago may be divided between
producer and consumer? Why no
labor with q party whose principal
are opposed to a single standard,
party that believes it was the effort t,
conform to this standard which mad
it appear necessary to force green back
down $1.5O each, to conform to gold
Viii the Register remind their farme
subscribers who are in arrears, tina
when wheat sold for 50. they paid Sc
per day for help, That today wit
wheat at 60 cents they pay 81. to S1.5
ner dav