Show I PLANS TO REDUCE PROfiTS ON FOOD HOPE TO STABILIZE PRICES BY LUBRICATING CHANNELS OF DISTRIBUTION This Will 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 the present present pres pres- ent cut high prices the consumer pays for food it was announced May 29 U will willbe willbe willbe be one of of the aims of the new food adminIstration administration administration ad ad- ministration which will be created with Herbert C. C Hoover at its head hood as soon as congress passes the governments government's governments government's governments government's gov gov- food control legislation This will be undertaken by cutting down the thc margin between producer and consumer through a system of executives ex cx- under the central administration tion each to study means of shortening shortening shorten shorten- ing the Uie 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 be- lIe cs is vital to the successful lowerIng lowering lower lower- ing of costs to the thc consumer both i here and abroad The executives will have under them boards on which will willbe be represented producer middleman and and consumer Their efforts will be beIn beIn bein In the direction of modification of present present present pres pres- ent trade methods and the stimulation of production The s system stem of executive boards will willbe willbe be one of several divisions Into which the administration will vilI be divided I IOne One duty of the executives will be to advise on allied purchasing which Mr Hoover and government officials hope will ill be removed from a competitive basis when the allies have established permanent buying commissions here These commissions are to agree on them thell minimum food needs for presentation presentation presentation presen presen- tation to a central bu buying commissioner commission commission- er CI who In turn will deal direct with the American food administration |