Ogden Standard-Examiner | 1926-01-26 | Page 2 | Millers Protest Anti-Futures Act

MILLERS PROTEST FUTURES FUTURES ANTI ACT WASHINGTON Jan cIty By 26 ByTho The Th Associated Press Charles Press Taller Valler a IL miller of at o St Louis tol told 1 the senate agriculture committee today that passage of ot the Caraway Calaway bill prohibiting trade In cotton and grain tutu futures res would ruin hI his busi busl business business ness Millers he lie said would be compelled to go slow In the pur- pur purchase purchase pur purchase chase of ot raw material immaterial because they could not not get protection against losses by buying In the future mar mar- markets markets H P r Gallaher vice president ot of the Northwestern Consolidated Milling company ot of Minneapolis said elimination of ot future trading would take flour milling out of at the manufacturing and merchandising class and place it at once In the class of at highly speculative busl- busl ness nes