The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1897-05-01

The interview with President Hill, of
the Great Northern railroad. Is attracting
great attention. not only among the
farmers. but among the financial institu-
items. WHERE II is realized that the pros
perity of all interests depends so much up
on the price OF wheat. The New York
Ffnanelcr says that the picture may be
overdrawn. but that Mr.. Hill Is not
man given to making idle predictions, ard
e his investigations encourage the trade
OF the United States 10 the extent be-
lie.ed, the service which he will thus
have rendered his country cannot be too
highly appreciated or rewarded.
Tho magnitude OF President mrs fig
urcs and the great attention given the
subject all over the country Justify
sricf presentation of the mair features
of his proposition.
L has already been demonstrated that
wherever wheat is offered IN the Orient
in competition With rico ii captures TIE
market.
That market. Mr.. Hill estimates. can
consume from twenty-five million to thir-
~ million bushels Of the United States
surplus wheat crop.
As Annoy. China. has Sa.Ooo.olo people.
the consumption of one ounce OF wheat
ror day each would require forty million
bushels. practically The entire surplus OF
this country.
The use Of rice viii not DO discontinued.
but. at enc buahel of wheat per capita a
year. china and Japan would consume
our entire wheat product
These facts being aacertained. the next
thing % consider is whether we can safely
enter into competition With other coun-
tries. The questions involved are an
swered by Ar. I'm, Who putting the cost
OF production in England az loo. figures
that the Western statos-thas Is. what are
called Western in New York-como next
with 20. Northwest and Pacific states st
s.. Russia At Is and India at c. He docs
not include Argentine. as il lies too far
cat Of the line Of Oriental traIfic. The
decreased cost IN Russia Is Onset bv the
much greater costs - transportation.
They are deereasins. but arc yet three or
fssr times IS nigh As ours.
The effect Of an enlargement ~ the
market for wheat upon the home farmer
Is no iess eutranelnsiy put before The
American people 81 the man who bun
the oniy unaiaed transeontinentaI ran
Rad ana kept Il through the FULLEST times
out CT the hands Of : receiver.
Tho normal wheat crop Of the United
states "a Aocoaea Bushels. The prizes
during the worst year vas 30 cents. An
advance OF 80 cents would moan an aadi.
sson 81 siao eoe.e0 % tho value OF one
years eror.
In sSa. elaeoonea bushels ~ wheat sold
sar ssaa asra ca. Ia isaS. tss Gee 90 sold for
,eSs than SIS esaass 4 steady demand
nj . 10 % cents would yield SSo ~. GO q
sac aaae0 A. re isss OF these agures
the gain would BE 81. ess e.- representing
even Ear greater wealth IN the increased
value all posseSsioas weaid have
The most fascinating phase OF Tn,
r,anv-sissa prospect. however. 20 the peo
ME Of this state Is the fact that the mar
Who has the hraias 60 plan cut this rev
avenue 20 prosperity ard TIE p2ucE and
,nsans 10 put IL fmao operation. is ths
rre~i.ieat az the rosa whEcA runs ncraS.
aar productive lanss ara has SIS sersslnu,
=, seatsse. When Mr.. I'm eaaxht tn
~ershern railway HSscen years ngs
~ carried :. aae 80 Bushels q wheat year
last year q carried saeos a0 When ~
cot sae as<s scat q the N'Ppoa yuser
KasshA 70 step h~se the order ser wheat
xaS Aaa bags. already ths orders ceE.e IN