Show THE STAFF OF LIFE the wheat question is the most important one in the economy ot of humanity it is in very deed the one thing without which nothing we may dl dispense with gold and silver and precious stones and all manner of otherwise useful as well as showy things and manage to get along some way but wheat to is the indispensable factor which when everything is reckoned up is shown to control co atrol instead of being controlled troll ed were it otherwise it would be impossible for such agitation regarding it to exist in the centers of trade A recent number of the london dally daily telegraph reviewing the situation gives some useful information it shows that while it is pleased to call the wheat movement a scare and to say that it is what some peopled people call the staff of life there is still no doubt that a crisis exists in the trade it refers to the several bounteous harvests we have had in this country the falling off over there there and then goes on to say that a striking feature in the situation is that every country in europe with the solitary exception of russia will want import wheat this year england herself will probably 3 require quarters france italy and germany belgium and holland hungary contrary to custom will need about quarters to satisfy her demands indeed it is calculated that the european countries together with china the brazils and the west indies will require an import of quarters a quantity unprecedented in the history of the wheat trade england having practically no stocks of her own will have to meet the necessities of her population by buying but where america russia and canada are the chief sources of supply something like may be ex ported from the united states whilo while russia who has a fair reserve of old wheat may be in a position to supply quarters canada Rou roumania manta bulgaria and turkey 5 this represents a total of quarters leaving a deficiency for the whole world of from twelve to thirteen millions there is still australia to be heard from and thus its contribution to the common fund remains an unknown quantity with the expectation thatis that it will not be above the normal alto gether the consensus of opinions opinion ts that the recent sudden jump in wheat was wa not merely speculative and that the highest prices may not have yet been reached all other opinions conjectures and conclusions apart wheat to Is an excellent thing mohave to have in the in knowing how to store as when ta sell |