The Barre daily times. (Barre, Vt.) 1897-1959, 1915-03-17
CLEANED UP $3.50 ON WHEAT.
Brandon Mans Experience Recently
Described

The Rutland Herald says: 1T is ru-
mored that a Bristol young man made
$50 on the rise in the price Of wheat 7
We don't know that this rumor is not
literally true, but we do know that a
young man in Brandon passed through
this uncomfortable experience and his
profits were exactly the sum mentioned,
81, $50. And this is the way it came
about, says the Brandon Union. In the
! first place, it should be understood that
| this young man is not money maker !;
| in fact, it is nearly 40 years since a
| Brandon citizen has been accused of
making money, and then it was never
very clearly proven 1t was a philan-
thropic spirit, pure and simple, that got
the young man into trouble, forcing him
to take a profit of Sl750, and he doesn't
really see yet how it happened. 1t is
matter of history that last season the
southern farmers raised more cotton
than they had market for and this
coming to the ears of our president
who is inclined to be friendly toward our
southern farmer--he advised their north
ern cousins to "buy bale OF cotton.
OF course, this advice was good. Cotton
that was worth II cents per pound last
year is only worth six cents per pound
this year, but if it had not been for the
presidents advice il might have been
worth only three cents, therefore the
advice was beneficial to the cotton
grower. Possibly one reason why so
many Nermonters needed the presidents
advice and bought bale of cotton was
hnsaroa II ALI
admirers Of the presidents admnistra
ton, but we don't think so. We should |
be inclined to lean toward the idea that |
it was philanthropic motives rather than
that prompted them to buy. |
However this may be, the young man
in the story was one OF those who 1
bought a bale OF cotton and that's how |
he got the habit. For it did become |
habit, TO the extent that when he saw 1
that this country was burdened with /
surplus OF some 300,000.0O0 bushels of /
wheat he thought il no less every citi.
zen's duty to buy a bushel Of wheat /
He figured that if every inhabitant /
bought three bushels, the surplus would 1
be taken care of and the wheat farmer
relieved. But he further figured that
only one in every hundred would buy
wheat, and therefore TO relieve the farm.
er each buyer must take on 800 bushels.
He resolved TO do his full duty, and he
bought 800 bushels. For a brief period,
This well-started philanthropist enjoyed
hat comfortable feeling Of duty well
lone and then. as though the ficnds were
n league 10 prevent any real happiness
m this earth. doubts and fears began TO
'reep IN. First came the rlmor that
he Belgians were starving and this ru-
nor was quickly reinforced hv a raise m
he price OF wheat. Wheat and its side.
product, flour, kept soaring, and one can
imagine the sensations of this Young
nan. And then follows the rumor that {
he administration was 60 take a hand :
nd hunt for a "corner" ia wheat. The d
anne administration that advised 10 Z
buy a bale of cotton and il il a.. d
umed would have welcomed a corner in (
be southern product, felt constrained &C.
take a hand because a Young philan. !
hropist had helped 20 make a market l
or the great big surplus 81 wheat
ieanwhile flour kept striving for \
reater altitude. and The young man wa =
} panic. When -four got around sl0 !
barrel and the administration made
0 move ne thought a. be- had bought
3 stimulate the market ~ would sell h. !.
'lieve the people and be sold That
il profits were $3.50 were not his fault
ut owing entirely % the rise IN the
rice Of wheat u regard 70 BIZ bale Z
cotton wen. n his cndeayors Is help
BE- southern farmer Re stan holds his
ale Of cotton