Search America's historic newspaper pages from 1789-1922 or use the U.S. Newspaper Directory to find information about American newspapers published between 1690-present. Chronicling America is sponsored jointly by the
National Endowment for the Humanities and the Library of Congress. external link Learn more
Image provided by: University of Illinois at Urbana-Champaign Library, Urbana, IL
Newspaper Page Text
tions of confidence along the street
for as long as 20 years, they know
how the market has been handled.
Hundreds of them have seen car
loads of good vegetables allowed to
rot on a siding because if they were
allowed to come into the market
they would bring prices down and
the merchants would lose.
What becomes of the enormous
margin between the prices the farm
ers get and the people of the city pay
will probably be shown if the union
men "spill the beans" on their boss
es. And this is what they are said to
be ready to do.
One member of the union put it
"There is no doubt that the com
mission men are manipulating the
market and we can prove it They
conspire tb keep prices up and -that
is a violation of federal law punish
able by a penitentiary sentence. I
can show where they have dumped
tons and tons of good food on scrap
heaps and burned it to keep it off the
"If the stuff were allowed to come
in prices would drop and merchants
would have to sell stocks they bought
at higher rates under the new and
lower scale. To keep this from hap
pening they destroy the surplus or
just let it rot in the cars.
"We have a sample of their manip
ulation today. Texas onions were
snipped here in express cars for the
first time in the history of the South
Water street markets because it
would pay more than the difference
between express and freight rates to
vat tiip nninns on the market before
the big local supply matures and the
"There are hundreds of local truck
farmers and Michigan fruit raisers
who will be glad to come forward and
tell of the dirty deals they have been
handed by the gang of highly-organj-ized
commission men. There are
more new millionaires along south
Water street than there are on South
ille street v
"There is ro real competition
among the merchants.
"Tons and tons of potatoes have
been hoarded by the South Water
street merchants since the govern
ment reports first indicated there
would be a shortage in tubers. Their
game is without a chance of loss. g
"They just bought 'every potato lW'
they could lay their hands on an
stored them safely away until the
price approached its highest level;
then they quietly unloaded at fancy
prices. Their profits were enor
mous."' The Chicago Board of Trade is
body of food speculators destined to
feel the hand of the government
within a short time.
TToHpral officials are in conference
Ifyday in Washington discussing the
advisability or placing a certain price
on all grain to stop speculation,
which yesterday sent the price soar
ing to formerly unknown heights,.
Even grain merchants of the more ,
conservative sort are in favor of the
curb because the terific increases in
the selling price of grain during the x
past week has aroused a strong pub
lic sentiment against the Board of
Prices yesterday were historic. Po
tatoes cost $1.10 a peck in retail
stores. Eggs were close to 42 cents
to the consumer. The small buyer
paid $13.25 a barrel for flour. Butter
-ranged from 48 to 52 cents a pound.
Sugar sold at 9 and 10 cents a pound.
Tomatoes were scare at 15 cents a
pound and strawberries went for 15
cents a pint.
, o o
"WET" TAKES WET PLUNGE
Mike Curran, 50, 3410 W. JL2th, (
jumped in river from Wells st. bridge.
Three policemen fished him out Told
them he was despondent because h,e
murdered wife at 313 2Wabash av.
Story found to be fake. Believed suf
fering from alcoholism. Iroquois