St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1893-01-11
IGNORED SAINT PAUL
Continued From First Page.

Continued From First PaSe.
the grain market Of the state involves
so unusual proposition that the COM
plete measure will be read with interest
by all. 1t follows:
Section /. That there is hereby or
| dered to be established a permanent
place for exhibits. wholesale market
| and warehouse and elevator rooms, of
| the capacity of 100000 busels of grain,
| for farm products; said institution to be
| located in the county of st. Louis and
on the shore of the st. Louis bay OF
river, or Duluth harbor, where there is
navigable water, or where docks can be
| established for the largest vessels in the
| carrying trade on Lake Superior.
Sec. 2. Said institution shall he under
the control and management of the
board of railroad and warehouse COM
mssionerS, who shall locate same and
procure the necessary land, erect the
necessary buildings thereon. with the
proper equipment and facilities to carry
this act into effect. Building or procur-
ing all necessary spur tracks, terminal
yards and other facilities to receive and
ship grain. Commencing work so as to
have said elevator ready for business on
or before Sept. l. 1898. SAID elevator
shall have facilities for weighing, I'M
loading. cleaning and the safe keeping
of grain in separate bins of 500 or more
bushels, also for placing grain OF the
same grade together. Also commission
shall build other buildings for perma-
nent exhibits, and office room to estab-
liSh a produce exchange and exhibits
of farm products to aid in the develop
ment of the resources of the state OF
Minnesota fn
grain and farm and manufactured pro-
duets.
Sec. 3. The board of railroad and
warehouse commissioners shall fix the
rate of charges for the services rendered
by the state in furnishing space for eX-
hiblts, use of market places, yards and
storage rooms, grading, weighing, uil-
loading, cleaning, care of and loading
grain or products, and such charges
shall be based upon the cost Of service,
repairs of building, tracks and equip
ments, and five (5) per cent interest on
the capital invested by the state of Min
nesota in said grounds, yards. docks,
tracks, building and equipment eStab-
liShed by this act. The said commits
sion fixing the salaries for all employees
necessary TO run the said institution.
Sec. 4. The SAID commission shall
LEGATIONS showing the market price of
grain and farm products in the mar
ketS of Liverpool, London, Hamburg,
New York. Buffalo, Quebec. Boston,
Baltimore. New Orleans,S San Francisco,
Chicago. st. Louis, Milwaukee, Mime
apolis and Duluth. Also the freight
rates between said markets. either by
railroad, lake, ocean or other means of
transportation. They shall publish a
bulletin OF market report showing the
price paid in said markets for farm
products weekly. Said market report
10 show the prices as reported by the
publications received from the other
cities for one week and Immediately
preceding the date Of said publications
as near as practicable; also the rates of
freight between Duluth and Minneapo-
lis and said maj kets. Said bulletin to
be kept on file i'll said institution and in
the Office Of said commission in ST. Paul
and the other state Offices: also to be
furnished by mail to all persons who
shall order the same and pay the price
fixed by said commission, which shall
not exceed one ($D dollar per annum.
Sec. ). Said board Of railroad and
warehouse commissioners shall send
samples of the different grades of grain
being exported to Buffalo, n. Y, i'll the
state of New York: Liverpool and Lon
don, England; Paris, France, or any
other market in the world they may
deem advisable, for inspection and to
secure prices as to their market value,
that they may know whether the mar
ketS of Minnesota are within reason
able difference in price OF the markets
of the world. Said commission shall have
the power to purchase and export a
quantity Of grain to any OF the said mar
ketS, ii they deem such course adviS-
able, in order to ascertain the facts in
the case, it being the intention Of this
act to prevent m0nopOliZation and I'M
Just control of the market Of this state
for farm products.
Sec. 6. The income from the charges
made for services rendered and use of
buildings and facilities shall constitute
a revolving fund to pay. expenses, re
pairs and increase OF buildings and
other facilities which may be needed to
carry into effect the Intention Of this
act. 1t being the particular and specific
intention OF this act to aid in keeping
the grain markets free from monopoly,
to furnish elevators and warehouse
facilities at reasonable cost. as well as
to establish a permanent exhibit of
farm and manufactured products.
Sec. z. Said commission shall make
to the governor and publish at the end
of each year report of their doings
under this act during the present year.
Sec. s. There is hereby appropriated
out of the general revenue fund the
sum of three hundred thousand $780,
O0O) dollars for the purposes of estab-
llshing the elevators and other build
ings, docks. tracks, facilities and
grounds contemplated by this act.
sec. o. There is hereby appropriated
seventy thousand $4,000 dollars out of
the grain inspection fund, and also sad
fund shall be consolidated with and
made part OF the fund of this instltu-
ton on July 81. 1898.