The Great Round World and What Is Going On In It, Vol. 1, No. 44, September 9, 1897 - A Weekly Magazine for Boys and Girls by Various
page 25 of 40 (62%)
page 25 of 40 (62%)
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The miners, however, refused to listen to these proposals, and the
conference broke up. Both miners and owners declare that there is no present prospect of reaching an understanding, and that there is nothing for it but to fight the battle to its end. The owners intend to try to open the mines with non-union men. The miners are preparing to prevent these men from going into the mines. * * * * * There has been great excitement during the past few days over the sudden rise of the wheat market. Nearly all of the great countries of the world, with the exception of the United States, have had poor wheat crops this year. Our crop has been considerably larger than any we have had for several years past. People cannot do without bread, and in consequence of this failure of their crops, other countries have had to come to us and buy. They have of course had to pay whatever price we asked, and as a natural consequence the price of wheat has gone up enormously. All the people who were clever enough to foresee this demand from abroad, and buy up the wheat before the orders came in, have made fortunes during the past few days. They refused to sell their grain until its price had gone up to nearly double what they had paid for it, and are now smiling and happy, and thinking that prosperity has come at last. |
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