Salt Lake Telegram | 1921-05-06 | Page 15 | Chicago Board of Trade Menaced

CHICAGO BOARD OF I TRADE MENACED I 1 I Farmer Legislators Present Curtailing Bills SPRINGFIELD Ill May ay C. C The worlds world's greatest grain trade or organization tion faced abolition Thursday Bills drawn by farmer tanner members of ot the Illinois general assembly providing providIng providing provid provid- ing for the curtailment or abolition of t the Chicago board bard of or trade caused bItter bitter bitter bit bIt- I IOne ter One of ot the bills bUls would place the operation operation op op- of ot the board under the department department depart depart- depart 1 ment merit of ot agriculture The other bill bill would prohibit all trading In rutur futures Possibility of the bins bills passing are are re uncertain at this hlf time Jime Ime tho though h d during daring the last week the odds turned against the bills This was caused by the ac action action action ac- ac tion of ot the congressional agriculture committee in reporting a bill to regulate regulate regulate regu regu- late all an grain exchanges in the country Many senators and representatives who were forced to favor the bills billa as al political expediency are given glen an out t by the action In congress and probably I will wUl use this action as s an excuse for tor I voting against the measures I Governor Go Small himself a farmer tanner has hu exerted no pressure to date In n I favor of the measures If he throws I the strength of the administration behind behind behind be be- hind th the measures they will be difficult difficult cult to defeat t