Show l DISCUSS METHODS il OF I 11 MARKETING C T I Plans for a national conference to discuss methods of establishing ro a afree afree I free Creo aral anti open market marJet for tor wheat I through h the tho train grain exchanges of the tho country upon tho the approaching termination I tion of or the authority of or the United States Grain corporation on June 1 are arc outlined In a letter sent out cut by Julius II n. D Barnes United States wheat hea t d director I ree I o r. r I u aU of wheat heat and 1 flour I ur organizations anu newspapers are artl mu- mu in- in to send representatives cs to a meeting at the La Sallo Salle hotel cn capo cage o. o on onIa May Ia 7 11 1920 O. O at 1 It t a. a m. m to confer conter with Mr Ir names on suitable measures to be he taken to provide for tor forand forand and nd to permit the establishment o of or a afre afree afree fre free and anti open market for Cor the tIme purchase sale and handling of wheat and wheat products product upon the expiration of the wheat guaranty act Problems of oC great national Importance Importance tance mace make such Nuch a meeting Imperative o In tho time public p Int Interest rc t at tho hue earliest possible moment Mr Ir Barnes declares One Ono is tho time present l level tl vel of or wheat what Prices kept far tar above c that of ot the United Unites States guaranteed ed price u by ex export cx- cx port buying of or wheat on only h which In addition to being artificial and liable to stop at any moment handicaps our own mills and results in I tion of or mill feo feed for our dairy indusI Indus indus- I tries Another IR Is the tho apparent I armed of oC tho exchanges to return to the war pro conditions of oC open trading and re- re establish re-establish Cs tab I cli tim the tho 0 he hedging d gi ln n g fac facilities I I I ties which have ve been suspended ed during three years of or government wheat heat conI con con- I trot i This attitude of ot tho the c exchanges Is due I largely to the extraordinary trade hazI hazards hazards haz- haz I ards arus resulting from world I I tion Exchange e hedging facilities up- up upI I t I on which marketing depended for tor years cars to the tho must be prior war ivar re restored r- r stored h by Individual Initiative o before tho the underlYing ing t security curit provided u by bytho tho tile grain corporation 5 Is withdrawn Mr Barnes declared d. Otherwise th the country coun- coun I tr try faces tho thio risk of wider margins between the producer price and the consumer price and consequent hardship hardship hard hard- ship to both bothi lorel Foreign n buying of ot wheat largely lj concentrated In tho the hands of or governments govern govern- ments monte at tho the present time tune Mr Ir Barnes said Is lt forced force h by bread subsidies abroad and b by the tho Inability of or tImer ther war crippled private agencies to carrat carry carr at high values sufficient stock tock and sufficient flow lo for assurance of ot the tIme bread requirements of their people He lie adds that time the decision of or purchase and prices paid rests In a n few officials and It Is ig mN measurably immeasurably tru true truo that these officials official with or without concerted action ac ac- ac tion Ion can In influence fluence the price level lc for Cor America |