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Show GAPPED DECRIES 1EMBUNG Kansas Senator Preioarcs Bill to Put Speculators Out of Business SMITH CENTER. Kan.. Oc'.. 14 j One ounce ot bread in the e:if at the Old price Is what the consumer is ! now offered for the 1909,600,000 lot jthe "Chicago wheat gamblers" have i caused the American wheat raiser lp the last two months, "b gambling in futures 1 plted States Senator Arthur Capper declared In an address last j night I "Years ago" he s.Ud. the people demanded the suspension ..f the Louisiana Lou-isiana lottery, bu today, under the cloak of busiticss respectability wo are permitting the biggest gambling hell I In the world to be operated on the Chicago board of trade. By comparison, Europe suicide club nt Mont.- Carlo Is as Innocent and Innocuous as a I church baaaa r ( Hop mii DFIVE1 Hi is I "Several weeks ago. T began work on 8 measure to abolish thus injurious injur-ious form of robbery and shall sh.t this bill In on the first day of the next congress and will undertake to put this den of thieves out of business i "Since July 1 5 when trading In futures fu-tures was resumed, the Kansas senator sen-ator declared that grain speculators have sold or oversold thiv v.v.,-u omn five or six times. ()nlv about one per 'rent of the trading in futures Is a hona-fide hona-fide transaction for actual delivery, he :tss. rted. I ICMI R M D GOAT j Because the specula tors are forcing I down the price of wheat, the senator (asserted, "tin farmer who sold his hogs and cattle at a heavy loss while meat still sells for war prices, is again made the gi.jt and the wheat r.user. whose crop this ear costs him more for wages and equipment than any other he ever produced! sees the farm price of his crop cut virtually in two ' with no real benefit id anybody ex-Icept ex-Icept the brokerage firms who collect the commissions. "These losses." he saldi "amoutlng to nearly a dollar n bushel in the farm price, are being augmented and the speelilal.iv: .iide.1 b I he iliire.Krb te.j influx of duty free Canadian wheat and abetted by thr difference in v-change v-change value, amounting to about 3o .cents a bushel in favor of the importer import-er " nn |