The daily star-mirror. (Moscow, Idaho) 1911-1939, 1920-11-18
CANADIAN WHEAT "GLuTs

We have heard much about our mar
kets being "glutted with Canadian
wheat" and have been told that is
what forced the price down more than
81 per bushel since the embargo on
gambling in wheat futures was re-
moved. An Associated Press dispatch
from Chicago today says:
every bushel of wheat of contract
grade in Chicago public elevators is
Canadian grown, except 1000 bushels,
according to official figures. The to-
tai stock is only $4,000 bushels, of
which $4,000 bushels is Canadian. The
supply decreased 700 bushels in
the past week."
Is there any wonder the worlds
market and especially the market
throughout the United States is going
downward, with $4,000 bushels of
Canadian wheat in the elevators OF
Chicago, the great wheat center of the
United States. Why, dear reader,
that is about half as much wheat as
the Farmers Union elevator of Mos
COW has on hand. Just think of 1T
and cease to wonder that the price has
been forced down one dollar per
bushel when the elevators OF the
worlds greatest wheat market con-
tains half as much wheat as the Far
mers Union elevator in MOSCOW, La
tab county, Idaho, U. S. A., the
Earth.
Can any one now doubt that the
''unalterable law of supply and de-
mand alone controls the prices OF
wheat on the board as stated by
President Gates of the Chicago Board
of Trade? The United States only
had 7700OO,0O0 bushels of wheat this
year and has already exported 1885,
100000 to the markets of the world,
and we find our market glutted with
"a, 200 bushels of Canadian wheat.
George Drumheller, of near Walla
WalIa, has raised in single crop, {
double that number of bushels of {
wheat The importation of Canadian
wheat must be stopped
"a N -
REAPING THE WHIRLWIND
The bible speaks of those who SOW
the wind and reap the whirlwind' and
we see it exemplified now. During
and following the war 80 per cent of
the population of the United States
was engaged in an effort to ''profiteer"
demanded and received wages never
dreamed Of and the 1aborers, unac-
,ustomed to so much money, spent
t lavishly, buying luxuries to which
they we're not accustomed and the
dealers, finding they had an easy
game added from 100 to 1000 per
cent profit and the "newly-rich" la
oorers paid it and asked no ques-
ions. The disease became an cpl
iemic 1t was contagious and spread
@ every class. Even the staid and
steady farmer was carried off his
eet and wanted to get rich from one
rop When the government gave
i'm a guarantee of 1925 per bushel
or his wheat, more than double the
rice he had dreamed of but seldom
eceived, he wants So, 81, or S. psr
'ushel He complained because -he
overnment had fixed a price for his
vheat, despite the fact that that price
Tas more than double the highest
rice he had received prior to the
ar The government guarantee did
OF hold down the price of wheat, as
ne farmer claimed it was doing, for
was only a minimum price, and
lille 1t was still in force wheat went
S2.75 and even SO per bushel in
w instances.
Farmers refused to sell at SO, at
'75, at $3.50, at $225. at 81 flor it
as going down all the time after thel
,vernment guarantee was taken off
Id gambling in futures was re-
lmed) but will probably sell for
ON 81 to $125. The farmer was
ying to "profiteer" just as the sugar
anters. refinerS and wholesalers
and the result is going to be about
disastrous.
Timber workers, loggers, saw mill
lpIoyes, all wanted and received
CHER wages. The price of lumber
Is advanced time and again until
sP'-'- ss.s $50