Bismarck daily tribune. [volume] (Bismarck, Dakota [N.D.]) 1881-1916, 1910-01-21

because he has to sell what thu
world can't get along without three
days, while he can get.along without
replenishing his stock of what he
buys from the world for weeks
months and even years, if necessary
Debating Prices.
| But I maintain that with such an
Organization the farming commune
ties of the country could very easily
dictate the prices of their products
It is not the entire quantity OF
grain or other farm product that
fixes high or low price. 1t is the
surplus. A very little surplus will
greatly diminish the value of the
whole and very little shortage will
greatly enhance the value of the
whole. If, therefore, you could just
ship an amount equal to the surplus
abroad, accepting the worlds price
for that small portion as you now
have to accept it for the whole, SO
as to reduce the home supply lit.
tie below the home demand, it would
raise the price of all the balance Is
cents per bushel above the world s
value, or a sum just equal: to the
height of the tariff wall. To eluci-
date. We raise, say in one year $50
million bushels of wheat and we
need 600 millions for home use.
Now, the head of your organiza-
ton arranges to sell direct to the
foreign trade so million bushels of
wheat at the worlds prices. When
you are organized thoroughly you
can easily do that. You are reach
ing toward it now, first in the cree
ton of farmers elevators all over
the country; second, in a terminal
elevator which 1 believe you will
some day have, and the next step
would be direct communication with
the European consumer. That
would leave us 10 million bushels
short of the home demand. Result,
wheat values would go to the skies
were it not for importations. All
the balance on hand, $50 million
bushels, would rise as high as the
top of the tariff wall. OF course If
it should go higher importations
would flow in and bring it down.
Now Is cents bushel upon $50
bushels would mean an advance of
about $50 million dollars to the
farmers of the. United States. If we
raise so million bushels in this state
it would mean 20 millions additional
wealth each year to North Dakota
farmers on their wheat crop alone.
Farmers to Organize.
believe the time will shortly
come when organized farming in
terests wifi, be, able, to-. say to the
consuming interests: 1--WE have in
vested in our lands so many dollars
Our labor costs us. so much. The
things which we must purchase are
Of such value. Now in order that
we may make a reasonable: return
upon our Investment and reasonabl
compensation for our individual la
Dor, our wheat must bring us in so
much per bushel; our oats, barley
and corn such a price, and we will
not sell for any less price," When
ever we once say that to the: world
and are 80 organized. that the world
knows that we mean: what We say,
the world will come to eur terms.
= No Competition in Shoes. =:
The world needs shoes every day.
I, however, fail to see any evidence
of, competition in the shoe trade.
We lately reduced the tariff on
shoes from rs to Is per cent. have
not seen any corresponding reduc-
ton In shoes: The Douglass $500
shoe sells for that sum across the
street from where it is manufacture
ed: 1t sells for the same price in
San Francisco; Three thousand
miles Of ffsisht do not count PEN
ny in either raising or lowering its
retail value. Wheat may 90 up or
wheat may go down but the $500
shoe goes on forever. Suppose you
try the Douglas plan and meet him
with his own methods Of warfare.
You can patch up your old shoes and
make them wear six months or a
year Longer :iG Necessary; but Doug
las can't work any miracle on his
loaf of bread. Now you organize
and: fix tile-selftug price Of 4 sack
Of wheat at $500. Then let Doug
las hold on to his shoes until he 70
wiil,4g, to "tradf sevsn forf that sack
Of Mhsat..3If. s3oa. get very hungry
you can take a bite or two out Of
your. -saclk,.and, let. Douglas. take a
bite or two out Of his shoes. How