The Vinita daily chieftain. [volume] (Vinita, Indian Territory [Okla.]) 1902-1913, 1913-01-14

4 expenses is much less. Hence instead
of advertised goods costing the public
more. they cost the public less.
THE FARMERS AND CORNERS.
The United States supreme court
Having laid down the principle that
corners in food, clothing material. etc
are in violation of the United States
law, it remains to be seen whether the
spectators can continue to gamble
with the poor mans loaf of bread and
cotton night shirt as the stakes.
While public sentiment is very gen.
orally against corners, some rather
plausible arguments in their favor
have always been advanced. 1t is said
that they enable the farmers to get
more for their cotton and grain, and
that they prevent foreign countries
from getting our crop supplies at too
low prices
But does the farmer get the benefit
of corners?
What is the farmer doing when the
storms OF financial frenzy, resulting
from attempts to corner the marker,
break loose on the produce exchanges?
The history of these flurries shows
that the corner rarely happens natil
the farmer has disposed of most Of his
crop. In the big attempt to corner the
wheat market in 1909, it was claimed
that but q per cent of the grain re-
NAMED in the farmers hands.
The farmer is pretty thoroughly Inn
pregnated with that ancient maxim OF
cold prudence Let well enough alone.
When he sees the bulls pushing the
price of his produce up to sky rockety
figures does he hustle down to tae
telegraph Office, and wire his agents TO
take moderate p.ofit? karely, so
far as the information of this writer
goes.
His instinct under such ciceum-
stances would seem 20 tell him 10 le.
the good work go on He watches the
operations OF the brokers much as he
watches the benefcent action of tho
rain and the sun on his fields, with the
feeling that there is ncthing he ean do
to interfere with any benefit 70 hin
self. II waits, hoping for still higher
prices.
The history of hese specLlations
suggests that the farmer does not
usually sell until prices begin 10 waver
and droop. By the time that his ~ ler
gets in, tie psychological moment las
passed and much less is realized .han
could have been obtained a short TIM
previous.
The great objection TO cornar5 IS not
merely that they raise the price = The
consumer but that they DISCOURAGE the
weaker mills and factories from 3uy'
n ing raw material leading to genera
stoppago of manufacturing and milling
In the District Court of the United
States For the Eastern District Of
Oklahoma
In the Matter of Roy J. Virgins. Bank
rupt. In Bankruptcy, No. SS3.
NOTICE OF SALE OF BANKRUPT
STOCK.
Notice is hereby given that pursuant
to an order of said Court on January $
1919. the undersigned as receiver will
on January %, 1913, at o'clock in
the afternoon in the City of Bluejaeket
Craig County, Oklahoma, at the late
place Of business of said bankrupt
offer for sale to the highest and best
bidder all of the merchandise fixtures
and accounts of said bankrupt at pub.
! lie auction for cash in hand, subject to
confirmation by the court
Said sale will be made by G. +. Shan
non. receiver OF said estate, whose ad
dress is Muskogee. Oklahoma, and to
whom all inquiries should be addressed
/ Dated at Muskogee, oklahoma, Jan
uary s, 1913
c. Il. SHANNON.
iTHOMAS & FOREMAN. Receiver
Attorneys for Receiver
tFirst Published Jan. Is, 1919.
; NOTICE oE SALE OF REAL ESTATE