The Fargo forum and daily republican. [volume] (Fargo, N.D.) 1894-1957, 1914-03-05

prices 10 cents a bushel," said Mana
nan. This means a loss Of $4,000, 600
annually"
Those who operate on the chamber
of commerce make that?" asked Rep
resentative Campbell.
YES replied Manahan. 1.-THE big
dealers in Minneapolis and Chicago.
Men like Armour make tina money
and freeze out the small dealers"
ASKED what legislation he thought
congress ought to enact, Manahan
said:
Outlines Legislative Plans.
Pass a law absolutely prohibiting
future trading. Pass another provid-
ing Tor federal government inspection
and grading. Provide also for govern
ment warehouses in which the farmers
can store their rain and where il can
De treated as is now done by the ele-
Xator owners and sold to the millers
directly on the outgoing grade n not
to the elevator man on the ingoing
grace as at present. This will meet
the situation n will giN% the farmers
real value for their grain"
Serious Charges Made.
me chamber Of m of Min
neapolis, the largest primary wheat
market of the world Is a private mar
ket, a monopoly opposed to the inter
ests or the producers, 1t is supposed to
serve BENJAMIN Drake, of Mlnneapo-
lis. counsel for hasf g. dozen growers
associations declared yesterday before
the mouse rules committee.
Mr: Drake and representatives of or
ganlzations of northwestern wheat
establishing federal control of public
terminal grain warehouses, govern
tnent inspection and grading Of grain
ana prohlbition of dealings in grain
tended.
Enlargement Of the scope of the
penang Mammalian resolution to direct
an inquiry into the Chicago, Duluth
contemplated now by the rules commit
tee, as the result of a proposal that
the New York and New Orleans Cot
ton exchanges also be investigated.
Chairman Henry said yesterday that
prohibition of trading in cotton fu-
lures as provided in a bill which pass
ed the house, but failed in the senate,
originally extended to grain exchanges
although it was altered in committee.
after grain men had made a strong
moving" Mr.. Drake recalled this
trade maintained an organized lobby
or school for congressman" which
had accomplished this result. Growers,
he said, had no knowledge of the pro-
test against the original bill.
Drake placed before the committee
many of the rules of the Minneapolis
chamber, which he said, showed Its
monopolistic tendencies and prac-
~~ S"AN "a A0 So11dpoS vi III
farmers exchange Of Minnesota, say
ing:
THE man who broke that exchange
Is here today, representing the Cham
Der of Commerce." a...
The membership of the chamber
never had increased since its organ
%ization, he said, and those limited
memberships were owned by banks,
elevator and milling companies to a
large extent. Several milling
les owned CUP of memberships, he
said. a single company having more
than twenty.
Representative Manahan called to the
stand during the day Magnus Johnson
of Kimball, Mimi, vice president Of the
Equity Co-operative exhange, at Min
neapolis; Ira. D. McVickers, president
Of the Farmers & Grain Dealers: as
ISOLATION of Iowa and Ira Chryst,
president of the American Society OF
Equity, an organization of farmers.
Mr.. Johnson declared that Sc per cent
of what the farmer produced was eat
en- up in delivering to the consumer
because Of middle men. He warned
the committee that the question of
the grain monopoly would become a
national political issue If relief were
not soon granted to farmers.