Show PLANS TO REDUCE PROFITS ON FOOD I HOPE TO STABILIZE PRICES BY LUBRICATING CHANNELS S OF DISTRIBUTION This Will Will WillBe Be Undertaken By Cutting Down the Margin Between PrOducer Producer Producer Pro Pro- ducer and Consumer is the Hope of Hoover Washington Reduction Reduction of ot the present pres pros ent high prices the consumer pays for food tood It was announced May 1 29 wIllbe will willbe willbe be one o of the alms aims of the new food admInistration administration administration ad ad- ministration which will be created wIth with Herbert C. C Hoover at its lu head ad adas as soon as ns congress passes the governments government's governments government's governments government's gov gov- food control legislation This will vilI be undertaken by cutting down the margin between producer and consumer through a system of executives executives ex ex- under the central administration tion each to study means 9 of shortenIng shortening shorten shorten- ing lug the speculative chain th that t h handles handle a particular commodity The first Staples to be studied probably will be grain flour meat and sugar sugar Stability of prices Mr Hoover believes believes be be- Is vital to the successful lowerIng lowering lower lower- ing lug of ot costs to the consumer both here and abroad The executives will have under them boards on which willbe will vill willbe be represented producer middleman man and consumer Their efforts will be bein bein In in the direction of modification of present pres ent trade methods and the stimulation of production S The system of executive boards will willbe willbe be one of several se divisions Into which the administration will be divided One duty of the executives will be to advise on allied purchasing which Mr Hoover and government officials hope will wilt be removed from a competitive basis when the allies have established permanent buying commissions here These commissions are to agree on their minimum food needs for presentation presentation presentation presen presen- tation to a central buying commissioner commission commission- er who in turn will deal direct with the American food administration |