The Mitchell capital. (Mitchell, Dakota [S.D.]) 1879-1918, 1906-10-19
HITS IT ClllccAAeeaa
BOARD Of TRADE
One OF It's MenAs=s Sasa RaaA
Ave in Restraint OF
Trade.
An AGREEMENT ON 6los
Testimony in Grain Trust invessisa-
ton Brings Out Astounding
Facts Relative 10 Com
hinatiens.

GRaCaEn CCG G4I1pIills
a board OF trade broker. was the first
witness called today hen the o1ter-
Estate Commerce commission resumed
Tits inquiry into the methods of handling
grain in the west and northwest
GaInbrii declared the rules OF the
sChicago Board of Trade clearly in re-
.straint of trade, are rapidly making
tChicago a grain market, aId In the
words of the witness is a "one-horse
proposition"
"A rule is posted on the Chicago
board each afternoon" said Gambrill.
which prevents me o going into
aathe country and bidding for grain, and
THAT, to my mind. is detrimental TO
business and In restraint OF trade"
Agreement on Bids.
Samuel Ffnney, another broker On the
Board Of Trade, testified there Is an
agreement between certain board OF
fgrain In the country and he named two
firms which he declared are parties to
kthis agreement.
President Winchell. OF the Rock
jIsland railroad. was called to tell about
1.-THE purchase of the elevator company
iShaffer testified yesterday. Winchell's
Testimony covered the purchase of ele-
svators but contained nothing sensa-
Itional.
Elevators Understandings"
James Petit, president of the Peavey
fGrain company. testified that up to
sixty days g there was an agreement
between six elevator companies where's
by their profits on the storage of grain
were SUR them, each agreeing to
refrain from taking grain from the
Warehouse of others for storage. He
said this agreement was dropped when
the new rate law went into effect.
Not Until Compelled to Do Il.
Witness Dunn old OF the refusal of
ithe Chicago and Northwestern railroad
Ito give an independent dealer in grain
"a site for an elevate along Its right of
way until a bill was presented to the
legislature providing for the compulsory
allowance of elevator sites by the rail-
roads to anyone who wished to build.
He also declares that five weeks ago
the Illinois Central road refused farm
ers the right to build an elevator along
lts right Of way at Richards, Ia. The
matter was taken asst week before the
Iowa railroad commissioners, where the
secretary of the Iowa grain dealers
decision declared, according to the wits
mess, that farmers should not be al.
lowed to erect elevators. because it
icompelled the payment to them OF too
high prices for their grain.
Other witnesses told OF the efforts tt
divert business AVA from F. NJ. Terry.
Iof River Sioux, Ia, who was said to be
irregular" Secretary Wells, of the
Iowa association. was active in this
work. 1t is said.
Far-Reaching Injury.
j. A.. McGreery, manager of the
Mariners elevator at Mason City, Ia.
was a witness. He declared that it is
difficult for the farmers elevator to find
70 market for Its grain and that when a
commission man bids he must do SO
under cover. He said:
I'VE have been shut out of Memphis.
Tenn. as a market, by reason of the
boycott of the Illinois Grain Dealers
association. We have received letters
from brokers in Memphis saying that
they were afraid to buy from us be-
cause they feared a boycott o the ILL
nois association if they did So"
III. Stream, president Of the South
chicago Elevator company, was Guess
Eloned regarding the ann in which
b three elevators formerly owned by
CHARLES Counselman, OF this city, who
died recently. came into the possession
pf the Rock Island road. He declared
that j. q. Shaffer, Of this city, had
charge OF the matter and Mr.. Shaffer
was then called to the stand. He said
that he purchased the elevators from
h Counselman estate and organized
the Chicago n Rock Island Elevate
company, to which he transferred the
elevators.