The Marion daily mirror. (Marion, Ohio) 1892-1912, 1908-10-10

Il
as much more. When the population
OF Chicago reaches 5,O0O,0 ,0O0-as 1t
surely will do In the not FAR dis
/ taht future-the canal will need al
least Is or 20 per cent of the outflow.
The United States Government would
never permit this. 1t is entirely out
OF the question: Col. Bixby char
acter'izcd the Chicago method of sew
age disposal "as relic Of the dark
/ ages. He made this prophecy: THE
future harbor of Chicago lies in the
lake between Chicago avenue on the
north, and Thlrty-ninth street on tho
south. The Chicago River is, and
ever will be but a makeshift. The
expenditure of millions of dollars in
widening the river will never make
the stream adequate for harbor pur-
, poses. Chicago will have to spend
It's own money ON the river. The
government will not do 1t for you.
4 Uncly- SaDn is not throwing his
money away in useless improvements.
With all the millions that ycu spend
: lake boats will grow faster than will
/, the size of the river
The enormous receipts of grain
this fall, coupled with the compar-
atively easy money shows how well
the crop marketing system of the
United States meets all requirements
put upon IL. The reason given fer
this Is that the system is the evolu-
tion of many years of actual con
ditions and needs, and not the imma-
ture product of legislation or theo-
, retlcal schemes. In view of Chi
cago's rank as the greatest grain
marketing city of the world the NOV
ing of the crops, the manner of their
moving, and particularly the great
est market institution os all, the Chi
, cago Board OF Trade. are matters of
both conspicuous pride and solicitude
here. In Appleton's magazine, for
October, the grain exchange and the
+, crop marketing system are described,
reference being made to the loose talk
OF the board Of trade as gambling
institution. What Is the fact?'
says the writer. !'There Is no place
in the world where money, time and
effort are expended so lavishly To
eliminate chance as in the great
wheat market. knowledge is pow
er there. How many million Bushels
of wheat VIII the world require this
year? How many bushels will be
produced, and what will be It's con-
dition? The man who can answer
these questions with the closest az
curacy can tell whether grain will
be dearer or cheaper. whether he will
be wise or foolish in helping 20 put
up prices BY buying freely. And no
one man or sci OF men can IN nor
oliez this information. Each de-
tachment Of the gre;ic army that
conducts the forward movement from
the grain fields to the hungry con-
sumers OF our big cities aud those
of Europe, plays an important part
in the handling of the world crop;
the grain exchange that provid an
instant market for the farmers yield
no less than the railroad that moves
the loaded cars TO market, the work
crs who harvest II, the elevators that
store it, the mills that grind it, and
the ships that carry it abroad Some
well-meaning persons have sought to
prevent all sales OF grain for future
delivery Almost every winter bills
designed to accomplish this result are
introduced in State legislatures and
in Congress! Their purpose Is good
to prevent gambling I'm grain. But
tho means by which it is sought to
accomplish this, usually Is bad-the
destruction of exchanges. If any one
of these bills passed in the form in
which most OF them are introduced,
It's projectors would be surprised and
panied beyond measure TO find their
names anathema among the grain
growers of the country, who are the
chief benefciaries OF the system OF
selling for future delivery"