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Show money to move the crops of the "West, what it really means is, that tbe banks having these Eastern deposits de-posits will naturally draw against those deposits for the money needed by the. fanners to move their crops. . , . . . . Thus, we will suppose a bank in this city has a deposit of $50,000 in New York and in Chicago $25,000 to draw against. "When that bank in the autumn draws for $25,000 on New York and $12,500 on Chicago, the New York and Chicago bankers tell their customers that the market is stringent just now because of the vast amounts they have been obliged to furnish to the West in order to move its crops. That is, they pay to "Western men a part . of ' the amount which the "Western men have in their vaults. ' It would be a most curious and instructive table could the aggregate of money owned in the "West but 'deposited' in N the great Eastern cities be made known. , . j - The way they state it in the East carries the impression that,' except for the generosity of the New York banks, the crops of the "West would rot in the fields.' The poor man of the "West will have "to stand that yet a few years, until the great center j of the Republic moves a little farther "West and "Western men acquire a reputation of being able to handle their own business. MONEY TO MOVE THE CROPS. New York City is beginning to circulate its annual joke. That is to tell of the money that New York will have to give up to move the crops of the West. In a paper before us we have a column of that sort of rot. . It admits that the West is getting strong and can in part at least move its crops, but says : "But the East will have to help for" some years to come. How much money the East will have to supply later in the season depends upon the outcome of the spring wheat' and corn crop." In anticipation of this and of an unusual demand de-mand for money for crop-moving purposes the money market of the East has been strengthened for two months past. . . ' Rates were held stronger than usual all through the dull season of July. For this there has been an increase of $102,-700,000 $102,-700,000 in money circulation compared with 1905.. The joke of it all is that all the time every bank in the West has a deposit in the East. Some of them have many deposits in the different cities of the East, and when the East tells about supplying |