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Show PLANS TO REDUCE PROFITSJI FOOD HOPE TO STABILIZE PRICES BY LUBRICATING CHANNELS OF DISTRIBUTION. This Will Be Undertaken By Cutting Down the Margin Between Producer Pro-ducer and Consumer, is the Hope of Hoover. Washington. Reduction of the present pres-ent high prices the consumer pays for food, it was announced May 2'J, will be one of the aims of the new food administration ad-ministration which will be created with Herbert C. Hoover at its head as soon as congress passes the government's gov-ernment's food control legislation. This will be undertaken by cutting down the margin between producer and consumer through a system of executives ex-ecutives under the central administration, administra-tion, each to study means of shortening shorten-ing the speculative chain that handles a particular commodity. The first staples to be studied probably will be grain, flour, meat and sugar. Stability of prices, Mr. Hoover believes, be-lieves, is vital to the successful lowering lower-ing of costs to the consumer, both here and abroad. The executives will have under them boards, on which will be represented producer, middleman and consumer. Their efforts will be in the direction of modification of present pres-ent trade methods and the stimulation of production. The system of executive boards will be one o several 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 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 presen-tation to a central buying commissioner, commission-er, who in turn will deal direct with the American food administration. The food administration, through its commodity executives, will ascertain just what the country can spare in food staples, and this will be balanced oil against the allied demands. |