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Show statements that the price lias been inflated. in-flated. He announced definitely that as far as he could see there was no hope fer a reduction in the near future, and that he would not sell wheat at a price below tiie guarantee. Figures were given by Mr. Parnes on the world price as follows: Avemge farm prire to American farmer under guarante.-, $2.t a bushel. Average farm price, in the United kingdom during the last calendar year, Average farm price for four hir pro-ducinir pro-ducinir countries Tni ted St a tes, Canada, , Argentina and Australia producing . l.sint.iioo.ooo bushels. $1.04. f Av'-'-age grower pric- (largely guar-1 guar-1 nn: e.r.n of F'. irony's f ' ft fen 'onsumiug ; -n ! tries, producing ,': u, .)) busheis, ?" 75. Average of a'l wheat growers, weighted according to the size of their contribution contribu-tion to tiie total crnn of tiie world, works out an a vera world grower price of $2.r. Argentina wheat, wiMi on::er voyage and h:ch,-r freight rat r the Pa rnes statement said, costs d.-livcred in Kurope fully ."tii reHp mere than American wheat delivered in Fumpo. There is no sepoort fnr "the theory of intimate relation and infiu-nce between be-tween wheat pr:e" and n;her foods," the statement sat 1. Figures were pr. -sen ted to hear out Mr. Par"e?'s on t r n I inn. "Pritain. FraiK'e and P.tiy," the sttite-ment sttite-ment continue., "nil have arrifieially reduced re-duced flour and hrerl ;r:-es. hnyin c ' th'-'r r v mater;al at tiie wnrM's price and asoriuntr tho o. s hv national tor-s. Anv saie of wheat or fje.nr l..y or at reduced I prices to them would only s"'e their national na-tional treasuries. w'"i!o depler'ti ours, with.ou! .any pos-ii.Ii- r-' c:i (n the hrea.l prico to their people, wliich is al-read al-read v f'ed." Mr. P.arnes also rave fcures to show the re'ari.in nf the nf wh-ot In the pri'-e of bread, and .-nntended that brrM, now wa s the rhean s: it e-n in the .1 : i. If all other food-; were at the same rate as hread the ;m"im! co-t of :". .nd for eaeh person would he n hout or a to'-i) national food hill of u . ' 0 , Iris: end of ? ! '"O. -eei . ni. BARNES PROMISES READJUSTMENT OF PRICE OF FLOUR WASHINGTON. Auk. 5. In a statement state-ment showing why the prler of wheat would rise but for the governmen gnar-mlic, gnar-mlic, Piretor p.arnes tromised a : adjustment ad-justment of flour prices at the expense ot the no. t iona I t reasury. as ao t horl'.ed by eongrfS. if later d I'vHopnvn' s iudi-c-ttd a world pti'': for wheat lowjr than the gea'-antred f asls. Immeiliate steps will be taken by the grain corporation to sell standard export four In every community of the countrv, In carload lots, at a price not grca t er than f)0 a barrel. Mr. panos annoum-ed. Tills prlee, lie added. h lower by $1 a barrel than any prh'e ruling during the last four months. 1,'slng figures dophed ns coming from the grain coi-pnra t 'mi's own pr) vn e sources, Mr. I'.arnc-. p'dietcl a shrlnlt-n shrlnlt-n gn of "probably .rHl.tmO.hm) bushels" in the whea t r rod net Ion for Nort h A mrr-ea. mrr-ea. 2:iM-(inf)i0ii iHishei.H of whleh is In the Tnltcd States, from the Joins forecast, a ltd a furl her nhrlnltago tn l;airo-ieji n wheat find ree orodueilon of ;(iai,iMHi,iino brs'odH oniHid'i Ituy.'ua. 'I'he hit-'h cost of living wnp nnf dit-puRed dit-puRed at tod a y'a en hi net meet I n ti. but A ttornev Oeperal Tabner remained after the nieidbn: to coTifer witli ihe president, presi-dent, and pn-'-'Oi I eil memoranda nlaliiisr what the Government was doiiu: an'd what It. propof-eq dohur under exb't'lng la wh, a nd poi-sib'e a ddl I lot nil la.WM to c.-tie with Ihe plluallon. The department of J u p 1 ! e r nt.-eniF) throughout tlo countrv, Ihe al'ornev general gen-eral naid, have be-oi oi-dere.l to institute insti-tute Hpeelal invenl lea I inns to find ev-der'r-e of hoard It ur and prof I eeri n :;, as I.rolilblte-l under the i,ev-r fond coiilml net , and nroseciit Ioiih will be in:d lluled w 1 1 hnu( dela v. Attfone- fjcner'il rainier deelhied In dlsc'oMe what remedhil lawn were fun:-pested fun:-pested to the pteshlcnt, f.r to pi Inlo detail de-tail uh to bow Ihe d na rt men I wnniil proceed pro-ceed under the. eviMlliiL,' laws. be-ntid paylrnr that. ooeiatlnT under Ihe 1 ever aet did not iiifi'i the Tn net lnn of the-food the-food adminis! ra linn world he assumed bv lb" deo.'i r I ment nf pint Ira. ' Imubt V;i'i e-;u-e-s"d I Home lernl ouibnrllleM to whether a peir.pv is Ol'ivlded for pT-nM!eer!tl" hv tbr food eOll- 1 1 ol net, nltlioie-h penalt'e.j are provldeil ramibur from :.e'H, to :-ia.(iii, or fnnii t wo to four v a or hot b. for ho-i-'d-llM' nwl r.tlier vloaloio AUnroev 'bii-eral 'bii-eral Palmer said i w:: t Ids bed' f and la.pe (bat biu-i'dlate levuM- toward n-flneiiu: n-flneiiu: Ihe eovt nf llvlmr cutdd be obtained ob-tained I tiro m.d i jinmeeu t iona under nl:U -Inr low j IMreeloi- B eiiot, (ti tnahlli" toiblle h:: !datem(.,d l'"a?'dlor the woidd wfieaf ol t no Moil. f;fchl thai Ihe wheat the '"Oed Kliil' a In no! ,:!ae t, and thai 1 .nuil.lMtn.lihli bu diei'i va" a: urerl Til ern waa no warrant, h4 . ui m1, lio,ev-r, for |