Rensselaer Republican, Volume 23, Number 51, Rensselaer, Jasper County, 20 August 1891 — ENGINEERED BY SPECULATORS. [ARTICLE]

ENGINEERED BY SPECULATORS.

Farmers Not at the Head of the So-Called Alliance Wheat “Corner.” A St. Paul newspaper publishes an elaborate statement on the 12th, showing that it has positive information that the socalled “hold-your-wheat"’ Farmers’ Alliance circular w as gotten up by Minneapolis speculators and that all expenses are being paid by them. A stranger was imported to handle the Alliance men and get them to farther the movement. The syndicate lias six million bushels of old wheat to unload, and if it can “hull”-the market and unload it will then let it slump to buy in the new crop at reduced prices. A dispatch from Topeka says: The latest in the way of Alliance commercial organizations are the shipping associations. They form part of the Alliance plan for managing their own wheat sales without the use of agents of any kind, and three, the first charters of the kind, were filed with the Secretary of State to-day. William Baker, Congressman from the Sixth district, who has just returned from Minneapolis, gives the farmers some advice on the question of holding their wheat in the Alliance Advocate. Congressman Baker quotes Mr. Pillsbury as saying that there is no reason why, under normal conditions, farmers should not now be receiving 51.25 a bushel for their wheat at the farms. Commenting on this the Advocate says that the farmers are masters of the situation if they hold their graiu for six months. Frank McGrath, President of the Kansas Farmers’ Alliance, has returned from a trip through the State. He says tliete is a large amount of wheat being held by farmers with the expectation that the price will materially advance. The lecturers of the State Alliance are ail advis-’ ing this.and farmers are now kept at thoroughly posted on tfie markets us the shrewdest speculator. President McGrath believes that the farmers who hold on to their wheat will profit largely by it. and he says that they understand tills and will not sell a bushel more than absolutely necessary to supply immediate wants. -Specials from Madison. Wis., say that John A. Anderson thrashed .658 bushels and twenty pounds of wheat from acres of ground on the 15th, This shows a yield of 43's' bushels to the I weighed 61 pounds to the measured bushel at the Pacific elevator. The yield is larger ha n anticipated everywhere. j ■ ■■ ' Sanford Poston,of Noble township,Rush county, was found lying in the roadway, mouth and nostrils buried in the dust,and slowly smothering. He had been thrown out in a runaway accident, and was unconscious from injuries to his head.