The Hartford republican. (Hartford, Ky.) 18??-1926, 1905-12-15
NO MORE GAMBLING
In Farm Products Says Amer
lean Society of Equity.
Strong MISUNDERSTANDING
The Action of SOcalled Board
of Trade.

The following resolutions were
passed by the American society ell
Equity at its Annual meeting at
indianapolis, Ind. Oct. 1925.
1905. delegates representing the
organized farmers in nineteen
states and territories being in at
tenience:
Whereas, There exists in this day
in all our large cities certain institu-
lions called Boards of Trade. which
have degenerated from a commend
able object of building up the city
in waica located and promoting
their best interest, to gambling
houses that are an insult to legiti-
mate business, constant disturbances
o. business. and a terrible handicap
to SECURE profitable and equitable
prices; aad
Whereas, There are tens of thous-
ands of small editions of boards of
trade in nearly all our towns and
small cities called bucket shops,
which carry on the same gambling
only on a smaller scale; and
Whereas, These boards of trade
and bucket shops are responsible for
more business failures, loss of legiti-
mate rewards and misery to human
ity, than any other sin of our age,
not excepting the drink habit; and
Whereas. They are largely respon-
sibile for the frequent fluctuations
in the prices OF staple agricultural
commodities the price changing
several times a day; and
Whereas, BY these manipulations
the free commerce in our agricul-
tural products in this country and
foreign countries is sometimes stiff
led and conditions imposed that are
nothing short of calamities, either
to the producers manufacturers or
consumers, or all; and
Whereas This gambling in farm
products cannot serve any good pur-
pose to any legitimate business. but
it does juggle with supply and de-
mand, and does inestimably injure
the producers of farm products, the
legitimate handlers of manufactur-
ers and his employer, and the final
consumers. Also it is a constant
menace to the maintenance of our
foreign markets. because foreign
countries are driven IN their desper-
alton to seek other fields of produc-
ton and to obtain their supplies.
Therefore, be it Resolved
First. That this gambling in the
products of the farm-our food and
clothing supplies-is national sin
a blighting, whitening curse and it
must stop.
Second That the farmers can stop
it when they are sufficiently organic
ed, but that Congress can stop it at
once by making it a crime to sell
futures" or what the seller does
not possess.
Third. That we, representing the
American society of Equity. which
stands for equity in all the business
relations of life do demand of the
next Congress that gambling in all
farm products be killed dead never
more to rise and cast it, blight over
our fair land.
Fourth. That q copy of these re-
solutions be sent the President of
the United States with the recon-
mendation that herefer favorable to
them in his Annual Message
to Congress; to the Secretary
OF Agriculture; to all farm. spapers
and to the lending metropolitan pa
pcrs of the county.
Fifth. That a sufficient number Of
copies Of these resolutiong be print
ed and placed in the hands Of dele
gatas t. this convention. 10 be sent
to ri. H. papers tG-yai1 subscriber
TO, wiki the request ro Print. The
J...- e.. failure 3. print or 10