St. Paul daily globe., 1893-08-28
HANDLING THE WHEAT CROP.
Charles a. Pillsbury States the
Position or the MilIers.

OhoAiCS N. VnG
{, Position or the DIilIers.
| To the Editor of the Globe
MINNEAPOLIS, Mimi, Aug. &c, 1885
| In your issue this morning you state
/ that you can't exactly catch on to my
| explanation of the reasons for not adopt
| ing the st. Paul plan Of moving the
i crops, and that it lacks that directnesS
| and clearneSs which generally eharac-
| terize my statements, so [ wish to make
! myself understood.
, 1 write this to explain to yon that |
have never opposed the plan of Gov.
| Merriam, which you call the ST. Paul
i plan, in any shape or manner. would
be delighted, and 1 think the other ele-
vatOr companies would be, If the st.
| Paul banks would issue clearing g-house
| checks of any kind and give us the
! means to move the crop. The St. Paul
plan was simply abandoned by the
| Minneapolis elevator men when we
were told by some of the leading bank
erS III st. Paul that they could not le-
galIy issue certificates of that kind,
and would not if they could, and
several banks in this city took the same
| position. If either the ST. Paul banks
or Minneapolis banks will, through
! their clearing house association, issue
certificates of that kind, L am sure the
| wheat buyers generally would be de-
| lighted to use them. | think if you will
talk With any of the ST. Paul bankers
they will none of them have any reason
to complain of the course of myself or
! any of the other wheat dealers in Min
neapolis. We invited them to confer
ence. and told them that we were willing
| TO cooperate in any plan that was prac-
| ticable. We are simply going to do the
| best we can to move the crop. If it does
| not move too fast we may be able to
| take care of 1t without the clearing
house certificates; if it does move too
fast, and financial matters do not i'm
prove, we simply can't do 1t. 1t is a
| question. not OF willingness. but of abii-
| ity, and | think in an emergency like
! this we should have the cooperation of
your paper. and not be subject to sar-
castle statements, such as are implied in
your article.
[ will challenge any banker of st.
Paul to make any statement that the
| grain men of Minneapolis have not been
willing to do everything in their power,
and to use any means that were offered
them for the purpose of moving the
crops. or course, we do not intend to
| give any checks on any banks in Mime
/ apolis where we have not the funds to
our credit, and if you will persuade any
of the ST. Paul banks to loan US any
money we will most cheerfully make
our checks payable on their banks for
! many times over the amount of money
they will loan us.
| think this question is way above be-
ing Minneapolis plan or St. Paul plan.
If the banks are not willing or cannot
| help Us, we have simply got to move as
, much of the crop as our own means will
allow us to move. If the st. Paul banks
or any other banks will help us, either
by issuing clearing house certificates.
or loauing US money or any other way,
we will accept their help with the great
est of pleasure.
This is question that ST. Panlis as
! much interested in as Minneapolis, and
it should be discussed in friendly way,
and not IN a critical manner Very
truly yours.
/ CHARLES A PIIrSprrpv