The Marion daily mirror. (Marion, Ohio) 1892-1912, 1908-06-16
CHICAGO LETTER.


Chicago. June s--trhe phenoine-
nal developcment OF the West dur
Ing the last sixty years gives pccu-
liar interst to the proposed ceIe-
bration by business interests here "
the diamond jubilee OF the Chicago
Board of Trade, for the increase of
transactions on that exchange re-
fleets the charges in the prairie states
I'm 1915. when the Board wa org1n-
lied the shipments of corn at Chic
ago were 55O.45O bushels as against
95,170,779 bushels shipped las. year
and 125,159,932 bushels received, fig
ures which tell the story of the corn
belt during sixty years. Chicago
had a population of less than 5000
the state Of Illinios had only $4,000
people, and the United States had not
yet attained total of 10000, 900 po-
pulation. Today the population of
Chicago is, In round numbers, g.
100000; of Illinios, 5,5O0OO0; OF the
United States. 90,000,0 600. The found
ers of the Board aimed to apply the
principle OF cooperation to the ex-
pensive task OF securing the worlds
crop facts. The purpose as expressed
then in the bylaws of the Board,
have stood two-thirds OF century
they being set out thus: ITO main
tain a commercial exchange: to pro-
mote uniformity in the customs and
usages of merchants; TO inculcate
principles Of justice and equity in
trade; to facilitate the speedy ad-
justment Of business disputes; to ac-
quire and disseminate valuable COM
mercial and economic information;
and generally, to secure to its mem
bers the benefit of cooperation In the
purtenance of their legitimate pur-
suits.
The legal battle between the $780,
100000 Harvester Trust asd the
State of Kansas. which has reached
dts final stage with the taking of
testimony In this city, Is developing
many interesting facts about the COM
pany's agency methods. General
Fred S. Jackson of Kansas
cb,roos ,ha+ ,ho ,a,,,,,, oo,,no,,to.
thot 90 90 ,,,ot,a 80, az rn,osnaI,onoI
nIarvas,,r aan,ro,, - oaoa.od =
combination in restraint of trade
and have raised prices and compelled
agents to handle only their goods
In i,s oc,or, -, ,.os,,,o .,,o.a o,,,,o,
.iors ,ho ,,,r ,,.,,o,.a.,on. ,,o, 90
s.rad a, ,ae, 20 thron, onar ,,s 49,,
40 the nro.oo,,.,on ond tho ,o,t,n,or,,
that has iust hoen tal,op bero heror.
cnoc,oI cor,n,is.i,ro. tIor,.,, II Gov
% vii, nrohoh,y e,a,ly sa,,,o ono
a,,v or tbo o,,o. oa,tor n,h,oh h,
heap tho suhiect or imnortapt lit,ya-
tion IN half n dozen states Tho
majority OF the witnessed were agents
of the comrany. VIII, testified that no
attempt was made to regulate retail
prices and that the so-called Eek
and we're not enforced. Under cross
examination the fact developed, how
ever. that prices were discussed at a
meeting OF general agents of the In
ternational which was held at Kansas
City In 1905. The defeat of the COM
pany would have far reaching re-
suits. It would mean the removal
OF 1000 local agents. the discharge of
300 regular salaried repairmen and
warehousemen and the abandonment
of numerous repair shops at cross
roads. Machines would still be sold
A. is cloimed through agencies es.
tablisbed outside the state lines. b,it
the company contends that It's re.
moyal will work great hardshIps on
the fa,mers who already have iron.
b,e In securing tho 600 or 4.Oor
hanas ,ooaod ror Tho harvest every
- ~ aoo,.,o, nil, ho roochoG
..,,,
" y" th' s.'"'o e,,,. w.
y" ''"'"' '" 'H' h'nsas sup' om'
Co., "h mas 'he ea'o unu'' w"
SHERATON
An
Inc .'i'e honoreu ',s'' ~, sa..,,,
III