Canada, Western -- Fiction; Farm life -- Canada -- Fiction; Married people -- Fiction
Leland took up a circular. "Standing still for a week, and that is
rather a curious thing. You see, with the first wheat pouring in, the
bears quite often get their own way just now and hammer prices down, but
quotations seem to have been quite steady in Chicago the last few days.
They've had a bad season in Minnesota, and the hail wiped out a good
deal of wheat in Dakota. What one or two States can grow doesn't count
in itself so much against the world's supply, but it's now and then
enough to upset a delicate balance. In Winnipeg the bears made another
raid, but they couldn't break the price, and I'm inclined to fancy that
all they offered was quietly taken up. The outside men, who like a
little deal now and then, aren't all of them babes in the wood."
"I'm afraid I could never quite understand these things," said Carrie.
"In one way it's simple. The world wants so much wheat, though the
quantity varies, because there are places where they eat other things
when it gets too dear. Now, you can get statistics showing how many
million bushels they have raised here and there, and it's evident that,
if it's less than usual, it's going to be dearer. On the other hand, if
there's more than the world has apparently any use of, the men it
belongs to have some trouble in selling it, and values come down. That's
the principle, but there are men who make their living by shoving prices
up and down, and they're able to do it sometimes against all reason. Now
and then they half starve poor folks in Europe, and now and then they
ruin farmers in the Western States and this part of Canada. They have
millions of dollars behind them, and they're clever at crooked games.
Still, it sometimes happens that Nature turns against them, and drowns
them in floods of wheat; or, when they're squeezing the life-blood out
of the farmers, it strikes men up and down the country that wheat was so
cheap it ought to be dearer. Then, if the bears slacken their grip a
little, men who like to gamble and have the money to spare, send their
buying orders in, and the bears find it hard to get the wheat they have
pledged themselves to deliver. That sends prices up and up."
"You think that is likely to happen?"
Leland looked very thoughtful. "I can't say. Nobody could. There's one
significant thing. Prices are steady, though the wheat is coming in.
You'll get considerably more than your two thousand pounds back if they
go up. We could have a month in New York then, and you'd go to operas
with that crescent glittering in your hair."
Carrie said nothing, for though she had not quite understood all he
said, it was sufficiently clear that if prices went down she would never
put the crescent on again. She had further reasons, too, for not
desiring to discuss that subject. While she sat silent, Gallwey came in,
and Leland, taking up a paper, handed it to him.
Public-domain text, read in full here on John Shaqi.
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