St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1892-10-03
Farmers, Buyers and Outside
Millers ALI Will Be at
Their Mercy.
Effect Of the Suppression OF
the Facts as to Grain in
Store.
Where the Money to Pay VOL.
colt Was Expected to Be
Obtained.
Objection to This by One
Company Raised the Ire
of Amsden.

Is the British milling syndicate, with
its headquarters in London and its
mills, or some of them. in Minneapolis,
to be allowed to obtain the complete
m astery of the wheat market of ths
Northwest?
This is exactly what this great combi.
nation of foreign capital is seeking. and
there is little doubt that the object will
be accomplished unless the elevator
and railroad combine is broken.
The first step towards the effectuaI
closing of the wheat market in this sec
ton was taken few days ago, when
the elevator companies announced that
they would no longer give the public
information regarding the amount of
grain in store i'll their warehouses and
elevators. OF course the heads of these
elevator companies will know exactly
the condition OF affairs, and, as no one
else will be able to make a move from
lack OF knowledge, they will have en-
tire control of the wheat market, and
Will be able TO manipulate it as they
please.
a short crop under this departure
would not increase the price TO the
proper extent for the simple reason
that the people outside the combine
would be unable to figure on the
amount OF the old crop held over in the
elevators. After the bulk of the crop
has been secured by the British syndi-
cate IN the future for low figure. the
price can then be run up to suit the
pleasure of the trust.
If the plans of this foreign syndicate
are adhered to every small miller,
every farmer and every Independent
grain buyer will be completely at their
mercy. Under the present administra-
ton of the laws of this state the eleya-
tor and railroad combine are able to
keep the independent buyers out of the
held. BY this arrangement they are
able TO cheat the farmers, as the Pioneer
Press last April so clearly demonstrated,
out OF at least ten cents per bushei on
their wheat crops.
To the average man 10 cents per
bushel cd 100,000,000 bushels of wheat
produced i'll the Northwest would seem
TO be almost good enough. But a taste
of plunder like this has been only
creates keener desire it seems. ard
now the British syndicate proposes to
see If this sl0,000,000 Of plumber cannot
be Increased 10 two or three times as
much.
Unless this policy is changed it will
be but short time unit there will be but
one elevator company in the field in the
wheat-growing states. Notwithstand-
ing the close relations of the combine
during the past few years The fact that
there were number of companies in
the business has occasionally had
good effect. At rare intervals the rob-
Ders have tried to ''do" each other.
Under this new deal there will be no
trouble. the British syndicate owning
STOCK III all the companies as it does.
Under the old dispensation OH one oc-
casion at least, it appears that one of
the great elevator companies, through
Its manager, decided 10 squeeze out its
competitors. As it chances this concern
was the one controlled by Charles A.
PlllSbury q Co., and the manager in
question was q. NJ. Amsden. The Chi
cago Herald, after careful investiga-
tlon, tells the story as follows:
Wheels Within Wheels.
While the elevator combine has been
robblng the farmers of the Northwest.
as has been very clearly shown in pre-
vious articles, individual members Of
the combine seem TO have been engaged
IN the business OF cutting each others
throats wherever it was safe to do so.
and wherever such cutting of throats
Injured to the advantage of the assassin.
There are wheels within Wheels" and
SO with members of the wheat
ring. The facts in possession of the
Herald indicate that Mr.. PillSbury's
representative and particular agent.
Charles NJ. AmsdeD, was not satisfied
with the advantage derived by
deecing the grain growers, but
made up his mind that it would
be big thing for the Minneap-
1lis & Northern Elevator company.
conducted by Mr.. Pillsbury, if the other
elevator companies IN competition with
It were extermlnated and wiped from
The face of the earth. This would leave
Vator, the Minneapolis & Northern.
N which he has taken. the greatest in
.erest, although he has interests in the
Union elevator and other
in which, according to his
etters. he was large stockholder.
The treachery of c. NJ. Amsden, gen.
eral manager for Pillsbury, dates from
about September, 1886. 1t has been
shown that previous efforts of Mr. Ans
len were directed toward fleeing the
armerS. The facts connected with these
attempted robberies have been fully
exploited, but the commotion kicked
Up among the farmers will be as MOTH
ng compared with the excitement
which the information here given of
Mr.. Amsden'S
Attempt TO Undermine
md betray the other elevator companies
associated with him in the despicable
will produce. 1t seems
hat Amsden. speaking of Charles A.
oillsbury. said upon one occasion that
t was Mr.. Pillsbury's ambition to con-
rol absolutely and in fact, as he did in
,ffect, the entire elevator system of the
Northwest. In pursuance of that ambi-
ion, Amsden. about September, 1856,
engineered scheme which for daring
Exceeded anything, perhaps. which had
,ver gone before it. The world is pretty
aniliar with the contract which the
d Northern Elevator
company entered into with c. G. VOL
oft, by which Wolcott was induced for
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