Business: U. S. v. The Pit

Through wars, panics and the Fire, Chicago's Board of Trade, world's largest grain market, has never closed since it was founded in 1848 on the same day that the city passed an ordinance to put a stop to "horse racing and careless shooting on Chicago's principal streets," But last week a commission composed of President Hoover's Secretary of Agriculture. Secretary of Commerce and Attorney General, tried to throttle the strident voices of the Pit by ordering it to suspend all trading in grain futures for 60 days from Aug. 7. Basis of the order...

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