Show BICE PRICE ADVANCED TRUST the story la in a at shell A concise story ot of the iral truet trust which nay may be used in any with or without credit to farm implement news A complete monopoly ot of the sisal fibre output ot of yucatan mexico has been obtained by the Co regu ladora del mercado da do Ilen eQuen commit committee tea to regulate the sisal fibre i market a body created by yucatan ku catan law A bit big adrance advance la in the price ot of binder twine be one ot of the result results the Co Com lelon Is now composed of supporters ct of gen carranza head ot of the de do facto government govern mt ot of mexico to finance the monopoly the Co has enlisted the aid ol 01 new now orleans bankers who in turn have prevailed on banks in new york chicago and st louis to take parts of the large loan loar required and which will secured be by warehouse receipts 0 on tue fibre stored in new orleans and elsewhere A company composed of american bankers ard arl members of the Co Com lalon lias has been bee formed and R til III receive a large canals slon on all abre fibre sales in addition to the interest paid the banks on loans the Co Regu ladora was created three years ago to buy surplus stocks of st lial ral fibre to prevent irom from being dumped en on the market zd and bearing down the price TIA T e Co fixed a certain price as the one required by planters to make their crop profitable but was unable to gel get sufficient Mc lent financial backing in mexico to carry out its olau with the power of carranza behind it the Co has driven out the fibre dealers and no yucatan sisal can be b purchased through any agency other than the Com Coral lalon sion having a complete monopoly the Co can dictate the price at all times the price it Is now demanding Is 2 cents higher than the price it pronounced profitable to the planters in the beginning it Is 2 cents higher than the price which prevailed a year ao ago it Is 1 cents higher than thin the arrage price paid for biral by binder twine manufacturers last season hence if no farther advance Is made the price of twine la is sure to be increased that much over the price of 1915 and there Is in no telling how high the price will be raised by the com islon before the required amount of fibre for next seasons twine supply has been purchased and in the succeeding years in adva advancing acing the price the comis ton has his ignored the law of supply and demand for last year notwithstanding the consumption of sisal fibre was the largest in the history of the trade there was a large surplus in jucatan under normal conditions of com compete comp peti etl floa such as existed before the C on n lelon islon seized the market the price would hae hafe declined from lait last years figure the price Is therefore arbitrary and unwarranted thus the american farmer Is to be forced to pay tribute to a fibre trust financed with american capital for until such time as other fabre fibre suitable for binder blader twine can be obtained 1 in ou sufficient quantities the farmer must depend on sisal for the greater part of his twine supply condition make it impossible to obtain adequate an supply of manila fibre at this time for every cent added to the price of twine through the operations of the sisal monopoly monD 0 pOly 2 will be added to the binder twine bill of the american farmer Is this monopoly amenable to the antitrust anti trust laws of the united if it it were purely a mexican affair or it the financial backing were obtained from other countries the united states would bo powerless to interfere but ince since the capital Is contributed by americ american m banks from deposits of american depositor the combination hould should be amenable to american law justice to the farmer require requires that the government ta keach steps as may be taken lawfully lawf uly to prevent the financing of the monopoly ith american money |