The Dedication of the New Board of Trade Building Chicago April 29 1885

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In part, these products furnish the foundations upon which the transactions of the Board of Trade of the city of Chicago are based. They are real, if anything is real, and are the most substantial and positive actualities. These figures demonstrate that the Board of Trade of the city of Chicago does not deal in fictions, for if there should be removed from the world's supplies for one year these vast quantities of grain and provisions, want and hunger and famine, most positive and real, would f...ollow, which would be no fictions, but realities of the most deplorable and calamitous character. Nor are the men who engage in the handling of these products gamblers. As colossal as the values I have [10] named are, they represent but a small fraction of the entire volume of the transactions on this board. A thousand bushels of grain may change hands twenty times every day, but fortifying each transaction is the warehouse receipt; and a fictitious transaction, or one which bears the slightest resemblance to a gambling one, is within the rules of the board an utter impossi- bility.

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