THE WHEAT CRISIS.
[Peess Association.— CopxaiQHi.j A EUROPEAN FAMINE PREDICTED. GAiIBLTNG IN "FOODSTUFFS. A REASSURING STATEMENT (Received April 19, 8.30 a.m.)
■ . ',■: NEW YORK, Saturday. Mr Patten, the Chicago speculator in whaat, prophesies that before many months the people of Europe will struggle for bread in famine-stricken queues. Mr Patten has engaged a detective to protect'Jum, owing to public indignation against . him gambling in foodstuffs. Mr Wilson,- Secretary gf Agriculture in Washington, states that Patten is reckoning' the^supplies too low. Only one wheat corner ever, succeeded, that being conducted- by Joseph in Egypt. [r Mr ; J- ; J-; Hillv prophesies ,that wheat : will not return to low prices for a long -lime;- ■ ,/^ '. LONDON, Saturday. ■ ■: The ''Economist" (states', that Mr Patten's • corner is far less import-ant- to the j BijSish. working class ■ than' any of ■ the •VSi'Past manipulations. It is evident that the' high prices in London must .be- 'attributed, to other causes than theJ manipulation. A '.Beerbohin's .-: wheat estimates are fxjH jfour; months.-.' .:'"' ifli
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Bibliographic details
Nelson Evening Mail, Volume XLIII, Issue XLIII, 19 April 1909, Page 3
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162THE WHEAT CRISIS. Nelson Evening Mail, Volume XLIII, Issue XLIII, 19 April 1909, Page 3
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