Notes About the Movie:
In addition to being a critique of the excesses of unregulated capitalism, Corner in Wheat shows the lack of connection between people involved in the modern economy. The Wheat King financier has no occasion to meet the farmer nor does the Wheat King meet the baker or the consumer. The only time the financier has anything to do with the actual wheat is on a celebratory visit with family and friends to a grain elevator that holds a part of his wealth. That visit is not an economic transaction. The only thing that links the scenes in this film is wheat: manipulated by the financier; grown by the farmer; sold by the baker; and consumed by the public. The fact that the financier never meets either the farmers or the consumers whose lives are blighted by his manipulations of the wheat market is an example of the absence of face-to-face interactions between actors in the modern economy and those whose lives are affected by their actions.
Financiers can play a beneficial role in a commodities market by providing liquidity. For example, in the wheat market, they will contract with farmers to purchase the farmers’ wheat harvest at specific prices. In the contracts,the farmers agree to sell their wheat at pre-set prices. Thus, the contracts give the farmers guaranteed price levels for their grain and, unless the financier goes bankrupt, a secure source of income for the season. The contracts may also provide that the financiers will advance money to the farmers, allowing the farmers to pay their expenses until the harvest comes in. Financiers can also contract to supply wheat that they will purchase from the farmers to the companies that process the commodity (the millers of the wheat) at an assured price. In all of these transactions, the financiers take a risk that the price will change – for example, if the price of wheat goes below the fixed price that a particular financier has agreed to pay a farmer, the financier, bound by his contract to purchase wheat at the higher contract price, will lose money. If a particular financier has agreed with a miller to sell that miller wheat at a fixed price, and the price instead goes up, and if the financier does not have a corresponding contract with one or more farmers to purchase their wheat at a lower price, the financier will lose money. In this situation, the financier will have to purchase wheat on the market at the higher price and sell to the miller at the lower contract price. On the other hand, if the situation is reversed, the financier will make money. In addition, if the financier already has possession of wheat when the price changes, the result will be different in each case. The basic point is that the farmers and millers can be relieved of the risk of swings in the price of wheat through contracts with the financiers.
When a financier tries to corner the market in a commodity, e.,g., buy up all the grain and the right to receive the grain at harvest, he can then increase the price the millers have to pay which, in turn, drives up costs to consumers.
Title Cards in Corner in Wheat:
Silent films were not without words. Title cards explaining the context of the action appeared at the beginning of many scenes. Signs or letters shown in the film also contained words. The words shown in Corner in Wheat are set out below.
- THE WHEAT KING ENGINEERING THE GREAT CORNER (2:13) [introducing the scene in which the audience sees W. J. Hammond for the first time];
- IN THE WHEAT PIT, THE FINAL THRESHING (3:08) [introducing the scene of frenetic trading in the Wheat Pit];
- HIS ANSWER TO THE RUINED MAN’S PLEA, “GET IT IN THE PIT WHERE I GOT IT.” (4:30) [introducing a scene in which Hammond refuses to help a ruined trader];
- THE GOLD OF THE WHEAT (5:26) [introducing the lavish banquet of the Wheat King celebrating his corner];
- THE CHAFF OF THE WHEAT (6:05) [introducing the scene in which poor people must buy bread at a price doubled by Hammond’s manipulation of the wheat market; some cannot afford the price and go away hungry];
- THE HIGH PRICE CUTS DOWN THE BREAD FUND (8:55) [introducing the scene in which the poor cannot get bread and are beaten back by police]; and
- A VISIT TO THE ELEVATORS (9:30) [introducing a celebratory visit by Hammond and his associates to a grain elevator full of his wheat].
The Sign on Baker’s Table:
“Owing to the advance in the price of flour the usual 5¢ loaf will be 10¢”
The letter given to W.J. Hammond at the grain elevator:
“Mr. W. J. Hammond. Dear Sir-You have control of the entire market of the world. Yesterday added 4 million to your fortune. Sincerely, [signature] Accountant. ” (10:27)
Metaphor in the Title Cards for Corner on Wheat:
Title cards 1, 2, 4, and 5 employ the literary device of metaphor (words that usually denote one kind of object or action used in place of another to suggest a likeness or analogy between them and to enhance meaning or description).
- Title Card #1: “The Wheat King” is not a monarch with a hereditary title. Instead, he is a canny businessman. The metaphor shows us that having cornered the market in wheat, he reigns over it like a king.
- Title Card # 2: Threshing usually refers to the separation of edible parts of a plant from the inedible parts which are to be discarded. However, the “Threshing” in the Wheat Pit is a reference to the separation of people into those who are successful in the business and those who are not. The successful make money and stay in the Wheat Pit. The failures are thrown out.
- Title Card # 4: Gold when used in connection with wheat is usually a reference to the color of ripened wheat which is valuable because ripened wheat provides nourishment. Poets and novelists write rhapsodically about the golden waives of grain (wheat). However, the use of the term in the title card provides a description of the value of the wheat to businessmen, i.e. money. This is what wheat means to Hammond, the financier, and to the traders of the Wheat Pit.
- Title Card # 5: Chaff is that part of a grain that is useless and is to be thrown away. More generally, the term can be used to refer to that part of a thing which has no use and is to be discarded. The title card with the words, “The Chaff of the Wheat,” precedes the scene showing people who need bread to eat but cannot get it. Referring to people as “chaff” suggests that they are of no use to the unregulated capitalist system, expendable, and can be thrown away.
Irony in Corner in Wheat (including Metaphorical Irony):
The film is suffused with irony: “a statement that, when taken in context, may actually mean something different from, or the opposite of, what is written literally; the use of words expressing something other than their literal intention ….” WikkiDiff
The four metaphorical title cards listed above are also ironic. Some people (and websites) claim that metaphor and irony are incompatible. That is incorrect. They are different, but not incompatible. See articles cited in the Links to the Internet section on Metaphor and Irony. The irony of each of these metaphors contributes to meaning and advances the argument of the film.
- Title Card #1: The reference to Hammond as a “King” is ironic. Hammond is simply a smart and avaricious businessman who has control of a vital commodity. He reigns not over a country but over the supply of wheat. He acknowledges no responsibility for the effects of his actions on the public, as would a good king (although many kings did not consider the welfare of their people). Hammond is different from and in some ways the opposite of the normal “king.” Thus, it is ironic to refer to Hammond as a king.
- Title Card # 2: “In the Wheat Pit, the Final Threshing” is next. Threshing is usually beneficial for people in that it separates the kernel of the wheat from the chaff, allowing the kernal to be used for food. The title card refers to competition among traders in the Wheat Pit in which the winners, the smart and the lucky, make money and stay to trade another day. The losers, having lost their money, have to leave No nourishing food comes from this “threshing,” the separating out of winning businessmen from losing businessmen. Again, the literal meaning of the term “threshing” is different from and in some ways opposite to its use in this title card. Therein lies the irony.
- Title Card # 4: “The Gold of the Wheat” refers to the fact that the traders use wheat to try to make money (gold) and not for nourishing food, the proper use of wheat. The gold of wheat is usually a reference to its color and to its central role in feeding human beings. It is ironic to equate this characteristic of wheat with money.
- Title Card #5: The irony of the final title-card: “Chaff of the Wheat” is that this term refers to people. It is not the useless husks of the wheat plant that are thrown away, but human beings. It is ironic to refer to people as chaff.
Each of the above ironic metaphors help the viewer understand the message of the film.
Other instances of irony in the film include:
- The first time that Hammond has anything to do with the actual commodity he has cornered leads to this death.
- Hammond falls into the grain elevator full of wheat while celebrating his corner of the wheat market.
- Hammond is buried and killed by the excessive amount of wheat he has accumulated.
Monopoly Contrasted with a “Corner in a Commodity”
Monopoly occurs when a company or entity completely controls the production, distribution, or sale of a product or service. The monopoly can control more than one aspect of the creation and distribution process. That is, it can monopolize both production and distribution of the product or service, or it can combine control of distribution and sale, or control of all three: production, distribution, and sale. In a monopoly situation, customers of the product or service, be they businesses or consumers, have no choice but to buy from the monopolist who can raise price at will and stifle competition.
A corner on a market in a commodity is similar to a monopoly in that one person or company controls a market and can manipulate that market for its own benefit at the expense of everyone else. However, the term “ corner” is used only in relation to the supply of something that is grown, mined, or manufactured, , e.g., wheat, gold, or silver. A person or company that controls enough of the supply of a particular commodity so that it has the power to set the price of the commodity is said to have cornered that market.
Additional Notes:
This film has multiple examples of “collision montage:” two shots whose juxtaposition creates a new meaning not contained within the parameters of the respective shots:
Shot “A” compared to Shot “B” —> New meaning not shown in either “A” or “B”; shot “C” may embody, extent or comment on the new meaning.
- Corner in Wheat is adapted from a novel and a short story by Frank Norris, titled The Pit and A Deal in Wheat, respectively.
- D.W. Griffith, notorious for his racist film Birth of a Nation, directed Corner in Wheat. However, none of Griffiths’ racist attitudes intrude into the message of the film. People usually do not consistently harbor valid or invalid ideas. . A racist can have an insightful comment on the excesses of unregulated capitalism.