Dakota Datebook

The Great Wheat Gambler


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On this date in 1909 the Golden Valley Chronicle warned that North Dakota farmers should be concerned about the Chicago Board of Trade. The newspaper reported on a conversation overheard in Chicago. Jim Patten, described as “the great wheat gambler,” reportedly declared that the Board had to suppress efforts by farmers to market their crops independently. The idea was to have the Board send out the flattering reports to help hold prices down until farmers gave in. Patten saw any organization on
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Dakota DatebookBy Prairie Public

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