Bismarck daily tribune. [volume] (Bismarck, Dakota [N.D.]) 1881-1916, 1914-05-24

I gle cargo 1000 tons OF eggs, nearly.
100000. in number, have been re-
ceived in Vancouver, mostly for ship
ment to this country. The Iowa
housewife has not yet a vote, but
when she AndA on taking eggs to
market that they must be sold in
competition with Cinnamon the demo-:
cratic party will hear from her.
Mr.. Sloan. The Chinese hens are
laying for them. Naughter.)
Mr.. Green Of Iowa. And the, Iowa
farmers wife will "lay" for the demo
cratic party. Ny colleague (Mr. Voll-
mer) also referred to the i1nporta-
tons Of Argentine corn, and secuted
the idea that the shipments from
that country could have any appreci-
able effect upon our markets. The
gentleman isv0nesof the most distin-
guished lawyers in my state, and has
recently given evidence on this floor
Of his oratortcal powers, but | am
safe in assuming that he has not
made a careful study of market prices
or had practical experience In mar
keting farm products. The corn crop
of 1912 was the largest in the his
tory of the country, being about
3,100, OO0, 900 bushels; but under, q re-
publican administration it was taken
care Of at q price which, considering
the yield per acre, returned a good
revenue to the farmer. Last years
crop was nearly q failure in many To-
calities, and 1t totaled nearly 0 O,000,-
600 less than that of 1912. With this
falling off of nearly o~ne.fourth of the
number. OF bushels, the democratic
party is CONCENTRATING itself that the
farmers are able to get almost as
much for what they have to market
as they obtained for their enormous
surplus Of the previous year.
My colleague compared the amount
which Argentina exports with the to.
tai amount Of corn raised in this
country. He and other gentlemen up
on the other side Of the house who
have spoken on this subject do not
seem to be aware that about IS; per
cent of U corn crop is used upon
the farms. and that this percentage
remains about the same regardless
of the size OF the crop, as much more
Is fed when the crop is, large than
when it is small, OF the remaining
Is per cent only around 10000, geo
bushels reach the central markets.
This varying, but always compare
lively small amount, fixes the price,
not only at those markets, but else,
where. The Argentine crop of 1912
- was -255,OO0,O 900 bushels. and of
this, about O00, 900 were sent to the
United States. The 1854 crop, that
is now being sold Tor export, is Off
cially estimated at 34S, 900 900 bush
els. of: which 24O, 900, 1000 can be spar
ed for export, and il, Europe takes
the same amount as it did last year
there will be 10000 900 to be export
ed to the United States. It is no
wonder that We find in nearly every
recent marketlreport a statement that
every: offer frdrnswSst to east Of corn
is met by offers; from Argentina, with
a diminishing scale as to price and
an ascending scale as to quantity.
The result of this great Argentine
surplus upon corn prices this fall, IL
we should have a fairly good crop at
home. can, best be understood by OBJ
serving the effect Of the 10000 900
bushels that came in from the crop
of the preceding year. N,
,5ls3g1 ! =
As the prospect in this country for
a good crop last year gradually faded
the price steadily rose, reaching the
highest point in September. In Octo,
her the Argentine importati0ns COM
menced under the new tariff, and the
price fell off 10 cents. Subsequently
it reacted, regaining about 6 cents OF.
the loss in. November, but, in .Decem-
Der it became, evident that a larger
crop. Of, corn was, being marketed in
Argentina, and imports, began again,
with the result that It dropped lower
than before. ! am using. as my au-
thority a chart from the New York
Times Annalist, q democratic paper,