Business: Honest Grain

If caveat emptor (let the buyer beware) were still the U. S. rule for trading in wheat, corn, rye, barley oats and like grains, then Armour Grain Co., or anyone, might play David Harum* to the detriment of farmers, millers or brokers. But the U. S. Department of Agriculture has long sought to keep grain transactions honest; and so Secretary William M. Jardine was "tremendously interested" last week to learn that Banker Edward Eagle Brown of Chicago, as arbitrator, had ordered the Armour Grain Co. to pay $3,000,000 to creditors of the...

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