Show I I I i I U. U S. S PLANNING CORNER CURB I Government Will Act to Thwart Speculation in Nations Nation's Food W WASHINGTON ASHINGTON- Aug 3 The W-The The government disclosed plans today to thwart wildcat speculation or corners corners corners cor ners in the nations nation's food in the aftermath aftermath af at of the drouth disaster i Perhaps the most st potent weapon is power under the A A A to buy surpluses surpluses sur sur- surpluses pluses of farm commodities for future future fu fu- fu ture tura use thereby striking a blow at any ny attempt to kite prices because of relative scarcity The foods thus bought by the government could be distributed to the needy resold through commercial channels or shipped Into drouth areas where needed For the immediate future officials predict that supplies will be ample and prices relatively low This is due to heavy particularly particular particular- ly o of livestock which the drouth threatened to kilL Through the winter though the normal reaction would be sm smaller food supplies and higher prices The administration will try to level leveloff leveloff of off this variation guarantee ample supplies for all sections all sections and prevent wide fluctuations in prices When this study is finished i a plan of distribution distribution- will be drafted |