A Compendium of the Worlds Food Production And Consumption the Railway the M

Cover A Compendium of the Worlds Food Production And Consumption the Railway the M
A Compendium of the Worlds Food Production And Consumption the Railway the M
C Wood Davis
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" What with multitudes of bears, with contracts maturing and a contingent of bulla anxious to "get in on breaks, " an immense majority of speculators are ever working for low prices and offering hundreds of millions of fiat products, and with each drop in price having a profit, inulti))ly the offerings, such additional tenders further depressing pricesi and thus without possessing a pound of the product offered these men are, by one round in the grain-pits, able to depreciate in value the entir...e grain products of the couutr3', such depreciation sometimes representing a large part of the year's earnings of millions of farmers.
How different is the course of the legitimate dealer owning or haviug the means of producing the commodities offered for sale. All his efforts are directed towards securing good prices, steadiness in demand and freedom from rapid and wide oscillations in values. The seller who is an owner of property never depreciates it value, nor does he depress prices by offerings of impossible quantities which it would be impractible to deliver.


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