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Show CANADIAN PLAN. Undeterred by the Bomewhat'unsatis-faetory Bomewhat'unsatis-faetory experiment of the United States in undertaking to fix and maintain .the price of wheat to tho farmers of this country, the government of the dominion domin-ion of Canada has decided to buy and market the wheat crop of 1919.. Announcement An-nouncement to this effect is made from Ottawa. While the Borden government proposes a stabilization of prices it proceeds to that end by other means than those lysorted to by Washington, where the government merely guaranteed guaran-teed a fixed price for wheat, losing the amount between the guaranteed price and tho world market price, where the latter was below the government guarantee. guar-antee. The Canadian cabinet proposes to spll the grain at world market prices and divide the surplus proceeds among the original sellers of the -wheat. Speculation Spec-ulation and profiteering will be prohibited. pro-hibited. Iu preparation for the action of the government, which does not require re-quire parliamentary sanction, being instituted in-stituted as an order-in-council, trading in futures was prohibited in Winnipeg tho other day. Tho Manitoba capital is the largest grain trading ccntor in the dominion, and one of the largest on the continent. ' As determined upon by the Bordcu government the main features of the plan include a board to buy and market the crop, a cash payment on account to be made to the farmer at the time of the sale of grain; tho dominion wheat crop to be sold by the farmer at prevailing pre-vailing world prices, supposedly to be fixed by Liverpool, the great British grain center; the surplus proceeds, after expenses aTe deducted, are to be distributed dis-tributed to the original sellers in proportion pro-portion to grade and quantity; a direct and immediate cash sulo by the farmers farm-ers and a speedy markoting of tho crop through the usual channels of transportation. trans-portation. The Canadian arrangement would, at first glance, appear to be an equitable one, so fur as the farmers of the great grain-growing provinces are concerned. The palpable purposo of tho government govern-ment is to curtail speculation and unreasonable un-reasonable profits both in grain gambling gam-bling and what is termed legitimate trailing in breadstuffs. The dominion government has been . wrestling with the problem of the increasing cost of foodstuffs and in the commons quite recently Premier Borden announced that the government had remedial measures meas-ures under consideration. Instead of proposing legislation for the Canadian parliament to wrangle over for an indefinite in-definite season, while prices continued to soar and tho public complaints multiplied, mul-tiplied, the cabinet took the short cut permitted by the British system of or-dersin-council. It will be interesting to observe the results of Canada 's effort to grapple with a problem which is bocoming more and more distracting cvervwherc. |