Show TOO OO MUCH LEGISLATION There is a widespread demand for legislation to help the farmers of the country Now and then evi- evi evidence evi evidence dence Is presented to show that too much legislating is the cause of isome some ot of the adversity now upon the tillers of ot the soil sou Authorities on the grain market report that the decline In the price of lot C wheat Is traceable to the efforts made made to curb speculation and one WrIter write writer makes this statement Politics have hurt the STain grain trade ot of o othe the world and speculation has lias largely gone out ont The result Is lower prices the world over with DO BO Immediate prospect ot of o any de- de decided de decided revival ot of confidence or spec spec- spec Investment buying Wheat Sand and cotton prices In the United States are down to the lowest of the season so far and so are the ot of the securities traded In InWall AVail NIall street The present action of the commodity markets gives the country and especially those who have railed against specula specula- tieD the best insight to Its Important tant effect on grain STaIn markets as aswell oreS as commodities when It Is practically eliminated as at pres pres- pres- pres present present ent ut The grain trade is carrying n Immense load It Is taxed wed by bythe jilie government on every trade trado are obliged to report their transactions to the government and the result la is that the tar large speculators got cold feet and are Jetting the markets alone Values an n a all markets are sagging under the Ithe pressure ot of sales salea by producers land and holders generally Many restraints on business and Ithe application by law of oC panaceas tor for adverse economic conditions generally are accompanied by SIgnS of o distress The more nearly near the natural law lof supply and demand Is allowed to operate the better for tor or the itry coan-itry try Any thing that facilitates the quick response of supply to de de- dermand de mand should be encouraged even eTen though termed s speculation |