The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1899-06-18
JAMES JACKS ROMANCE.

en- the statute books but Is Of the most
insignificant kind and that given most
gPudgingly. While in contrast with this
outrageous neglect we find every interest.
financial commercial. industrial, enjoy
ing a measure Of protected legislation
that makes the infants Of few years
ago and giant octopus today that is still
swelling into greater and more stupen-
dous stature that they now threaten to
crash and smother their afecttonate pa
rents, agriculture and labor. Tisa--g
EXTENSION OF THE MARKET.
Now, gentlemen, 1 come to the matter
Of this paper and that is the establish
ment and extension of our foreign mar
kets and it's effect on agriculture and
labor. 1t is well known that we can
raise more wheat, meat and textile fab
RIGS than would feed and clothe nation
double our size We have a great deal
of export products that we must sell to
dispose of our surplus. We raise in round
numbers 500 600, 900 bushels Of wheat an
nually. we consume for home consumption
about 4000O0,000 bushels. We have, there
fore, about 100 ,eGe, 600 bushels of wheat for
export.
I'VE are so situated that the export
crop sets the price for which the whole
crop Is measured. If we have but one
customer who will buy from us and he
Is quite Indifferent about what price he
pays. so long as it is the lowest possible
price that he must pay, the price that
he pays for our products is the price that
the producer measures the profits or loss
es Of his toll and industry.
Nov the very necessities Of the farm
erS compel them to part with their grain
In the early months Of the crop year, and
by the very volume Of grain thus thrown
on the market assist the gamblers who
are utilizing every means to bear the
market at that time of year when the
bulk Of the grain Is passing out of the
farmers hands. The farmer is a help.
less victim to the natural conditions
which he creates, without any relief of
general character to save him from the
conditions which compels him to part
with his grain and farm products.
1--WE find that of the 100000 bushels
of grain that is for export. $4,000, 900 BUSH
els is on the Western slope. and as nat
ural consequence must be loaded into
ships and sent to foreign markets.
''The very instant that vessel clears
port 1t Is registered on the boards of
the markets of the world. such a ship
loaded with grain or produce containing
- bushels of grain, destined to Liver
pool, Eng, has cleared.
1.-The moment that these vessels are
placed on the blackboards and marked
to arrive they know that 1t will arrive
some time unless it should encounter
| storms and go to the bottom Of the ocean.
But barring accidents 1t will arrive and
the purchaser knows that he must take
it at some figure, and of course he will
drive as sharp bargain as possible and
bear the market to it's lowest possible
point.
This journey of these ships laden with
one-half of our entire export grain has
long and dangerous journey and are from
four to five months on sea, making the
trip around Cape Horn and crossing the
equator twice in its journey.
WESTERN CROP A "BEAR" FACTOR.
This immense volume of grain being
'afloat' and marked 'to arrive at a time