Albuquerque morning journal., 1920-05-29
Continued from Yesterday


Three illustrations derived from
authentic sources will serve 10
show what is In mind.
Case No, /. A Chicago speculator
was approached by a friend ana
told a quick sale of a large lot OF
webbing was to be made. The spec
ulator inquired what webbing
might be. The friend responded
that there was no time to explain
what webbing was, or why ne
should make the purchase. me
speculator departed on the run ana
made the purchase. Immediately
after the purchase had been made
the specuiator was approached py
a third man and asked If he would
sell what he had just bought, Inc
speculator said he did not know
what he had bought but that ne
would sell II at given figure. ire
figure was accepted and the trans
action closed. The Spectator mace
$40. 900 without knowing what ne
had bought or why he had bought
1t. He had never seen the com
modify and never wanted 10 see IT.
Case No. 2. A carload of live
chickens was shipped to Chlcago
from Omaha, Neb. Eventually the
same carload of chickens dressed
was returned to Omaha and SOFA
In the omaha retail market. Dur
ing the round trip the chickens
nassed, through eleven hands. all
of which levied toll of profit'
Case No. 8. A New York broker
bought a warehouse receipt for
several thousand yards of SIX,
Within a few days he soAd tne
same receipt at a profit saia "
have been $4,000. He had no
knowledge of what the SILK looKeu
like, what its condition was, ot
even what color it was. lie uIuI
see the silk and didn't touch H. ne
added nothing to its quality anu
nerformed, no service in getuhs II
from producer to consumer ne
bought a piece of paper and SOLD IL.
Perhaps there never has been d
time in American history when this
Kind of freebooting was conducted
on so large a scale as at present
If congress had seen fit TO re-
snond to the wishes of the pres'-
dent and enact some of the legls-
iation suggested by him, 1t would
have been possible to curb az leas, l !,
to some extent, TINS unllceils - "
Eplundering in the necessities roi
congress to deny that reliet Is pos
sible Is for congress to CONFESS tiie
incompetency of which the evl-
dence conyicts it. 1t seems easily
nossible that even with addluohai
hesitation the attorney genera
might IL he were in earnest, Ut
least discourage the kind OF spech-
Iation here indicated. The attorney
general has found it possible TO IN
dict corner grocers and small haper.
dsshers for offenses which are OF
no moment at all in comparison ~
the whole situation. He mas louin
II nossible to advise the people 'o
eat the poorer cuts of meat wiici,
in effect constitutes a reductoh Oh
their standard of living. he has
found II possible to do a numper OF
inoffectiye things, but seems "
have found it beyond his capaclty
70 do effective things. Concerning
the campaign of the department. 10, ",
Justice to induce the cohsuihPs,o llt,S,n
of the cheaper cuts oil meat, sun
interesting testimony was gwen pe
fore the house agriculturai coino
mittee, by L. d. II. Weld Oh l'le
con, mercial research department. Oh
swift e. co, The material issued oy
the department of justice IN ,,n ,e9
low priced meat campaign was uh, !,
der discussion. Mr.. Weld was asheu ,
whether the packers were prepatt-
ing this material for the depart
ment of justice.