Show I I SHORT CROP DOES NOT SOLVE WHEAT PROBLEM 1 I In spite of the tho shortest wheat crop since 1893 there is every reason forgoing for goin going ahead with the government plan for wh wheat at con con- contro control con control tro This is the answer anser given given ven by Sec Sec- Secretary Secretary Secretary Henry A Wallace when asked if it reports of or an unusually small wheat crop this year would chan change the n agricultural adjustment adjust adjust- adjustment adjustment ment administrations administration's program for bringing wheat production into line with effective demand by re- re reducing re reducing ducin acrea acreage e That the basic conditions condition which depressed have depressed wheat in America durin during recent y years ars are not chang chang- changed chan changed ed cd by the temporary relief of one I short crop is pointed out by officials officials officials of the wheat adjustment plan I Permanent improvement ement with a balanced wheat situation can come com only through basic chan changes in acreage and controlled production over a period of years tears in the opinion opinion opinion ion of those who have made care care- careful careful careful ful study of the wheat problem The carryover er of wheat in the United States as of Jul July 1 I 1933 is estimated at million bushels This years year's short crop has been I placed at about million bushels giving ivin a n total of about million II as the supply for the year Disappearance or consumption for forthe forthe forI I the year including domestic uses seed and possible exports is fi fig fig- figured fig figured at about million bushels This would leave a mar margin in or carryover carry carryover carryover over for next summer of around million bushels fi figured Goner conser ely yati An era a average e crop next year ear on the basis of normal seeded acreage e would run about million bush bush- bushels bushels bushels els giving a total supply of a billion bil- bil billion bil billion lion bushels or more This would mean an immediate return of the i conditions responsible for the ruin ruin- ruinous ruinous ruinous ous wheat prices of or recent years with a carryover at least twice nor norI normal normal normal I mal says Director William Peterson Peterson Peter- Peter Peterson son malU manager er of the agricultural adjustment administration for forI I Utah One average a crop in other I words would destroy all the tem tem- temporary temporary temporary relief possible from this years year's small wheat crop Controlled ed and reduced production to brin bring about a balance between I I wheat supplies and demand is held to be essential j i Another factor which should betaken beI betaken be taken into consideration according I I to the wheat control administration I is is the danger that present raised prices may have a tendency to toI I I stimulate increase in acre acre- acreage unless age age unless the production control measure is carried carrie out I |