Show DO NOT FAVOR HOARDING WHEAT To attempt to upset the ord orderly working out of ot the law of ot supply and demand by requiring the farm tana loan board the federal reserve board i the war finance corpOration or the department of agriculture re reI I to to finance the holding of o bushels of ot wheat on the farms is condemned as unsound by the he best Informed i economists of o the nation and a con concrete te case is presented ol of olan otan an effort made in a somewhat sim sim- similar similar ilar manner to Influence the price lot lof a farm lann product The Tho cotton growers conducted an organized campaign n for a reduction In acreage and signed up the cotton growers but the he actual result was an Increase In acreage most of ot the growers evidently seeking to take advantage of ot a better prICe In la prospect prost pros- pros t because the other growers would cut their production The moment It became evident that wheat prices would be main main- maintained maintained at a profitable level by the use luse oI o government funds the growing grow grow- growIng growing ing of o wheat would be stimulated and as a result the difficulties of sustaining a fixed price would be bc increased to the breaking point Many of the farm bureaus are in favor of co cooperative operative marketing anda and anda anda a systematic campaign n In that di- di direction di direction Is being made It premises prem- prem premises promises a nearer solution than the hoarding of wheat under a govern government meat ment advance of funds Too much paternalism by the government 1 tend to weaken the entire forming Industry and bring on panic 00 |