Business & Finance: Wheat

During earlier months, when wheat reached $1 a bushel and began to climb above that figure, the claim was made that the wheat market was being manipulated by "Wall Street" to elect President Coolidge this fall. But after Mr. Coolidge's overwhelming victory, wheat kept right on upward. It passed $1.50, next it passed $1.75; and predictions now come from Chicago that $2 wheat will again be seen during this winter.

The explanation, of course, lies not in a mythological Wall Street, but in the failure of wheat crops in most other countries this year. The...

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