The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1896-04-21

gins. practically assuring Us Of uni
form business in competition with
other markets and ports at all times,
and, by our being placed in this posi-
ton, il will make the other markets
and ports work on the very closest
basis in order 10 enable them 10 COM
pete, which virtually will give TO the
Western producer the benefit OF the
very lowest intermediate cost between
the consumer and himself, irrespective
OF which way or 10 what market the
grain goes. We must emphasize the
al-importance TO the WeSs OF having as
few intermediate interests as possible
10 be supported between the producer
and consumer. In grain passing
through the East 10 Europe the grain
has 10 pay tribute 10 one OF two rail-
way lines TO Chicago. commission and
elevator charge there, and perhaps an
intermediate commission and elevator
charge; then a lake transportation
charge; an elevator charge ar Buffalo: a
canal or railroad charge 70 New York:
expensive terminal or elevator charges
at New York, possibly another CON-
mission charge there; and then the
ocean rate; while with Us you would
have practically but one railroad one
ocean and one commission charge, as
the elevator here and AT Galveston and
the wharfage there. including the CON-
mission, would in manner be all as
one expense.
Our Mr.. ImbOden has given much
money. time and study 10 this new out
let and the transportation question,
and has much pride in making a sue
cess of securing 10 the West the
fullest possible benefits of their nearest
port. which be felt they should and
would have, and which took him to
Galveston in 1891 in plenty Of time 10
prepare for what he foreSaw and which
is now at hand.
Estimating the average crop yield OF
the parts OF Nebraska, Kansas and Ok
lahoma most interested in the above.
at l5O, 900 900 bushels or corn. 10000
600 bushels OF wheat and 100000
bushels of oats, the value OF these
cereals through an elevator, market
and handling as above, in export crop
years for corn and wheat and to dones-
tic markets on oats, would be Increased
approximately as follows: Corn, Az
cents a busheI. or S6, 80, 900; wheat, 8
cents a bushel, or 81. 100000. and oats 2
cents a bushel, or 5000. 900. or q total Of
SO, 10000 a year additional wealth 10
the West. which means that much
more purchasing power to the pro
Queer, and business for the merchants
and bankers as well as proportionate
increase TO the railroads in return
haul Of merchandise; quite good an
nual return on an advance of about
$1Oo, 700.
1t Is important that prompt action be
taken In order TO have the elevator
completed at the earliest possible mo-
ment for the handling of the new wheat
crop, which is most promising Every
days delay means the loss OF Thous-
ands OF Dollars. II Is L1ore necessary
for wheat than corn that elevator facil-
tiles be Afforded lear the point OF pro-
duction.
1t is for full crop years that the ele-
vator and rates would be most needed,
and If the elevator should be almost
idle some light crop years, IL would be
ready for the next full crop and IN one
year pay the people many times It's
cost We cannot wait for crop and
then build in time 10 handle IL. We
fully appreciate the importance to US,
OF making a success OF the elevator and
market, as the success or failure of
same would prove material and lasting;
so we certainly would lose much money
and time before we should allow the
elevator TO default any Of its bonds.
You stand with us, and we certainly
will, and most true, 700, with you.
ANY grain dealer or owner can put
~ In In nd eh<s al
sell and ship out the same as we, sell
ing and shipping 10 or where he
pleaseS:in fact, enjoy the same elevator
and market facilities. as in regular
markets. Parties storing or handling
grain through the elevator, will have
the privilege OF turning in the elevator
company's bonds in payment for the
storage TO the extent Of 90 per cent OF
same, the bonds 50 turned in, to be
those maturing In the year in which
the storage natures
Please do not let temporary reduc-
ton In rates which may be purposely
induced by Eastern lines, interfere
with the prompt carrying through OF
this work.
Now, are you not willing 10 be one Of
the many 20 join in this effort TO realize
the above, which from our experience
We candidly believe can be secured, |
and is the most practicable way to do |
itl Remember your subscription will |
not be binding until 10000 or more Is |
subscribed. when the money IS sub |
fect 10 payment within FIVE days after |
demand from the treasurer. and II the |
elevator is not completed as above, the |
money viii be returned, 50 you are |