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GENERAL CABLES.

GAMBLING IN WHEAT. U.S.A. GROWERS’ PROTEST. (Australian and N.Z. Cable Assn.) NEW YORK, June 21. Mr. J. Gough, President of the Texas Wheat Growers’ Association, addressed at Chicago, the American Institute of Co-operation. He demanded the abolition of the Chicago Board of Trade. He said that it was the height of folly to talk about arm relief and not eliminate the cause. The Chicago Board of Trade dominated the Exchange and had absolute power to fix the price of every bushel of wheat. The five men on that Board determined what the farmer got for his grain. They wore nameloss under the law, and known by numbers only. Farm ing would never be profitable until there was a change in the system and the farmer could control the flow of price and distribution of his products Tie same as other industries did.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/GRA19270623.2.17

Bibliographic details

Grey River Argus, 23 June 1927, Page 3

Word Count
144

GENERAL CABLES. Grey River Argus, 23 June 1927, Page 3

GENERAL CABLES. Grey River Argus, 23 June 1927, Page 3

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