Salt Lake Telegram | 1936-02-29 | Page 1 | Wallace to Start Exports Subsidy

I WALLACE W TO START ART EXPORTS SUBSIDY WASHINGTON Feb 29 UP UP- UP Secretary of Agriculture Henry V Wallace today invoked InvoIced his hitherto unused power of employing up to 30 per cent of customs receipts to develop foreign markets for tor American Amerlean AmerIcan Amer Amer- ican lean agricultural products He announced a a. plan pIau for lor subsidizing subsidizing sub sub- exports of American flour from the tho Pacific northwest to the tho Philippines Tho The plan was not however re regarded regarded re- re as the tho forerunner of any general scheme of subsidies to encourage en on- courage foreign consumption of American farm larm products I Instead stead it was in line with a past poli policy y to 10 provide an outlet for lor wheat grown in the Pacific northwest