Shoshone journal. [volume] (Shoshone, Idaho) 1884-1931, 1921-10-21
The cream check the

member thereof, of false. misleading
and Inaccurate crop report or mar
ket information; I'D prevents the man
ipulation of prices or the cornering ot
any grain by anv deaie~ ~ o~e-ator
unon the hoard: fel admits 70 member
ship and all privileges any authorized
representative OF anv firnoi9rv res
ron~irIe ar,S iarrf,il1v for,-,ed and con-
Quoted cooperative associa ton of pro-
ducers.
The reports which the boards OF
trade must keen must show in detail
all or the transactions entered into by
the hoard OF anv member thereof, show
ing the parties to all contracts and
their addresses. date contract amount
Of grin covered by contract. nrices and
terms of delivery. anv ASSIGNMENT or
transfers Of contracts end the manner
in which said contracts were fulfilled
OF terminted. All such records shall he-
lkent for a neriod of three years and
shall at all times be omen to the fnspec
tion Of anv Representative of the U. s.
DEPARTMENT of Aerieritllre or the r.
s. Department of Justice.
May Use Public Exposure
The Secretary OF Agriculture may.
upon his own iniatSve. make anv in
vestfgatfons regarding the operations
of anv board of trade and may pub
lish in his discretion the result Of such
investiga ton. which published report
may inclurde the facts as to any act
ual transaction or transactions except
such data which would disclose trade
SECRETS or names Of customers.
- prrx-. ~ 200
posed OF the Secretary of Agriculture
the Secretary OF Commerce. and the
U. 9. Attorney General 1t is the du--
to conduct hes-.fis IN the matter ofsua
! 70 conduct heinrgs nthe ntter of sus-
pending Or revoking the right Of hoac6
OF trade to be designated as "con-
tract market" The decision OF this<
e5i65fT.ssaission shall be final except a1K
board OF trade NAV aDpeai to the Cir
cutt Court of Appeals for a rnodifica-
ton CT setting side Of a decision OF
| the commission.
In the language OF the man OF the
street. the act permits legitimate trad
| ing In grain and recognizes what is
known as hedging" as legitimate but
, uses the taxing power OF the govern
/, i1leit 70 put our OF business those who
engage In gambling, which is known
TO the trade under such various names
as puts and calls privileges
bids" ups and DOWNS" "offers" and
"iudemnities" The purpose of the
act, expressed in the hope OF its spon-
sors, is To stabilize the prices OF grain.
as It is maintained the prohibition Of
gambling will stop the tremendous
fluctuations in prices and the manipu-
-lation ~ The markets.
"We" suggests solidarity and con-
siderntion and action. They suggest
division faultfinding and back-pull-
ing Tt also IS the favorite word OF
those who pedte scandal and risque
gossip or who desire to deride or in
jure any class without running the
risk Of accountability because of too
close Identification.
The "we's7 of Idaho are alIof us;
the "they's" are parts of us. The "we'
are the great industries of Idaho and
the great public Of Idaho the timber.
the mining. the power. the irrigation.
the livestock. the agriculture, the tel
phone, the railway the laborer. the
merchant, the bank, and the banker.
every business establishment and ev-
cry home The ''we's' should be the
strongest because the combination Of
the enterprise initiative resourful-
state; but they are weakened when the
segregate themselves into "they's."
Cannot we get this I'VE" idea into
practical action? Cannot we come to
a realiztion of the fundamental fact
that the individual cnnot progress aCd
prosper excepting as the community
and the state and the nation progress
and are prosperous? Cannot we see
that the advancement Of the person de-
pends upon the advancement and the
of our industries? Is II
not plain that what we need is more
capital and more people. instead Of
less capital and less population; ana
cannot we realize that the policy Of
all too many is to keep capital out by
harressing what we have and especi-
ally those who have come to Us recent
iy?
Above all we should determine to
look about and get the other fellows
viewpoint and a fair understanding of
his problems as we ask him to under
stand ours.
Is it not good to start to concentrate
ourselves TO policy or united, close
10 hand shoulder to shoulder I'VE" in
stead OF a divided, faraway, disinter-
ssted "they."
We have in idaho commercial clubs.
Rotary clubs. Kiwanis clubs and 9th
srs pledged 70 upbuiiding and 70 pub
&C. service. These suggestions are left
70 them Tor their most earnest consid
ration
~ Oh.