The pioneer express. [volume] (Pembina, Dakota [N.D.]) 1883-1928, 1911-03-24

|
Blaine and Gladstone on the tariff gues-
tion. Mr.. Blaine acknowledged the valid
ity and truth of the arguments of Mr..
Glatstone-for England. When our
old friend Taylor:says 'he cannot see
eye to eye with u.s. in the reciprocity
business he means that he is looking
from Canadian-and particularly
northwest Canada standpoint, while
our eyes are directed from this side of
the line. We are perfectly willing to
admit that almost every argument that
is advanced against reciprocity from
this side is an argument for reciprocity
on his side.
We are also willing to admit that in
all probability that there are some abuses
in the grain trade over there that would
no doubt be largely corrected if the
Canadian grain should be shipped to
Minneapolis, though not all. Most of
those same abuses were once in force
here but we have cured them in part
and are trying now to find remedie s
for the rest. But as it is no doubt the
Minneapolis Exchange is considerably
better than the Winnipeg Board
But to get to Mr.. Taylor's question
''if the Emerson and the Pembina
farmer both sent carload of wheat to
Liverpool would there be any difference
IN the price receiwed?" We agree with
Mr.. Ia flor that our answer would be no
difference-and that is just the reason
why the Pembina farmer don't send his
wheat to Liverpool, but does send it to
Minneapolis where he can get ten cents
more a bushel.
In general way the Liverpool prices
do affect all grain markets of the world
while on the other hand Liverpool
prices are affected by'each of the local
markets of the world. We believe that
when Liverpool grain speculator is
looking up prices in the different parts
of the world that tie Minneapolis
market is the one that he looks to rs
the most important. First because it
is one of the largest of the world and
second because outside of Winnipeg it
is the. only market that buys and sells
hard spring wheat. For great many
years now Minneapolis has been paying
from three to five cents premium for
hard "cash" wheat. Dnring most of
that time wheat in the Minneapolis
markets has been above export basis"
that is, more than exporters could
afford to pay to send to Liverpool.
You see, friend Taylor, that this is
almost a purely local question to us in
these three adjoining hard wheat states.
Pound for pound, bushel for bushel
there is no wheat in the world that can
compete with our product-exc the
wheat OF the Canadian northwest.
Minneapolis is q limited market as to
demand and the three northwestern
states have a limited supp'y-and
supply and demand make the advanced
price.
; Over here we don't believe with only
the same demand that if you double
the supply by adding the product of
northwestern Canada that the price
will keep up.
That is the case in nutshell of the
North Dakota farmer.
We might be willing to acknowledge
that for others good that we should be
sacrificed, but in this case the sacrifice
seems to be entirely on farm products.
Artemus Ward, said during the civil
war that he was 90 patriotic that che
vas perfectly willing . 80 III of his
wyifs's male relatives enlist and 60 to the
leost" Thsts appsAss - . now . i
lasl1iIs santss q Aassans Wasds oai
~ ss = - ~ ~ . ~ sss -. = y = y