| Show LiDERS' LiDERS IN DEALERS DEALERS' i VARIED y ON WHEAT CROP r S. S Make fake Good II 11 Agree toe U. U t t World World Price Piece Difference Difference Dif Dif- ference ton J F Feb h b. b GraIn dealers has Wl Sorters and millers today toda presented x porters agriculture comma committee o. o House the for Cor methods of or l suggestions out the thc governments government's guar guar- in g 8 o of 6 6 a bushel producers n w tee t to wheat crop All agreed of r f th the be e 1919 1910 the true market price as de- de hat bat conditions conditions' would world b by ned tip and antI rato rata tipp p p. below belo the guaranteed make malco it hi t. t the government go should difference directly rather d the maintaining artificially arU tho the n n by br y price her also agreed that tho the the be witnesses States tateM Grain corpora- corpora u. u u n should hould be bo boIon i or similar body some or Ion n Maintained as the tho governments government's to tor for supporting the price enc ncy r differed as to methods The They r rowers er prescribed by legislation lc which obe 0 b be Jc o committee Is preparing f to draft iL ft to Dictate Price The jc grain gratin dealers proposed that the actually buy UJ the grain at sell It to millers or other ther con- con 6 t. t urn umers orner ers at a price dictated by world worM a and acquire the country's for export The exporters sug- sug sled that the corporations corporation's functions the dif dlf- limited to paying pa farmers rene rence i between the government price lid nd id the market price at which the Tain an was sol sold without actually talc tak- JIg 51 nsf possession and consequently with Ith ut It piling up a great gnat I quantity for ex ex- ex tort Ort t. t The millers were Interested main mainly autti au- au n ha the corporation given to protect millers against of oC tho the falling taIling of oC oCh l losses s M S growing growing- out h he wheat heat lir price front from the present artl arti Iclal cIal ol level to the true truc world price and he be fluctuations In fn the world price heare lIere lIe be- are ore re it becomes stable under the cor- cor administration j respective Interests fill fill- cs ta 5 or of the aring before th the committee loda today 1 Id not agree wholly among them- them Ives hes over or ov o rr r many man details of or their pro plo zEd ad ed plans n Dealer Ak lIk Comm fission fin In the main vever ho the grain lers advocated ad that the grain cor- cor lion tion continue to function much a as i haa hs done In tho the past Thus Ihus the I ealer would collect grain from paying the guaranteed price Ith a n. small deduction for Cor commis- commis ton n D and turn over the grain to the thein rain in corporation at the tide guaranteed ed edee Ice ee The corpora corporation lion then would U l Jt It tie die price It jU Judges to int at the world orId price determined by br compel competition and export it i e surplus Spokesmen were nt int to predict what the world price the true market price price- would be bo Other suggestions of oC the dealers ere ire that the government should not storage warehouses of F mills In tn of or an emergency caused p flooding the tho market ct after next comers comer's hanc harvest t and that the grain should riot not be called on to odlo other grains than wheat t Official II RI for forThe tillers l' The Thc hc millers asked protection against e e expected decline from tho the present alt artificial level to tho the open market prices It was explained only to keep the thc usual quantity In transit to consumptIon consumption con con- points necessary to maintain maintain maintain main main- tain a steady supply An accounting would be he maintained with Ith tho the grain corporation by which tho the corporation would pa pay tho the difference between tho the wheat price on tho the da day when flour was shipped and a a. lower low r price on the tho thoda da day when the flour lour was delivered James Jl F. F Bell of ot Minneapolis a member o of the food administration was vas tho the only spokesman for the Millers Mil lers National federation James TameR Ward anI Warner Varner of ot New York appeared for the tho exporters Among the grain dealers who gave their views were P. P E. E Goodrich Goodrich Good Good- rich Winchester Ind president o of the grain dealers dealers' deale s' s national aR association William T. T Cornelison Cornell Peoria Ill Fred Mayer Ia cr Toledo Henr Henry M M. Brou Brouse e I Cincinnati Hiram N Sager Chicago J. J I L. McCaul McCauL C C. A A. A Magnuson and G G. G F. F Ewe Minneapolis |
