Show URGE CUT ON WHEAT HEM RATE Business Men of Omaha Send Proposal to Hale Holden OMAHA Neb July Omaha 26 26 Omaha business men through their buy wheat heat and lour Hour committee late Wednesday unanimously adopted a resolution requesting all American railroads to grant a 0 25 26 per cent temporary emergency reduction centI on I the e eStates export rate on lour flour and wheat from all points In tho States Chairman R L Kennedy I Immediately sent tho the proposal to Hale Io Holden head lead of ot the Railway Executives association The The request specifies all rate re- re reduction re reduction I as the water lines are sep sep- sep separate arate arato from the railroad interests and to dt their consent would I require long negotiation the com com- committee com com- committee committee declared In making making- known i their proposal Quick action Is I IsI paramount at this Ime It was as slid said I It was also requested that the I new condition If It acceptable to the oads apply to all nIl grain at pro ent In ele elevators Otherwise It Is pointed out the situation could not be as many ele- ele ele elevators are full and could not be emptied to encourage the new buy ing buying mo movement ement PLAN rED OUTLINED ID The Tho plan Is set forth In the tol- tol fo fol t following lowing 10 resolution Resolved Id I'd 1 that hat the railroads be requested through the Association I ot of Railway ay Executives and the presidents of tho the Individual west west west- western ern lines Unes line s to publish In immediately I upon short notice with the this consent the Interstate comerce commis commis- commission commission sion sian emergency rail ail rates on I wheat and flour shipped from all points IncludInG In the United States InG all grain on hand In elevators or at storage points to the Atlan Atlan- Atlantic tic lie gulf and Pacific ports for ex- ex export export ex export port on the basis of at 76 75 per cent of the he rates now In effect these emergency rates to expire January 30 1924 1 that the grain shipped on t these hee ont emergency rates bo be all allowed 0 cd only one Intermediate stop at transit or proportional rate break ing log points except that one addi- addi addi addi- stop may be made for tor mill- mill mill ing milling ng purposes and that storage at transit milling or rate breaking rato point and also at elevator at sea sea- sea sea- seaport seaport po port rt bo be II limited to 30 days Intimations were gh given Eisen en at the meeting that while the matter must he be first taken up ty the railway rall executives thero there Is a good prospect that they will give gh 0 the plan a aw w eighty consideration Tho The committee believes said Bald Kennedy that that the plan out out- out outlined lined sill rill meet the needs of ot the present time and that It has enough to win v ln In Instant recognition from heads of ot railroads In the country The rate of cf exchange between the Britain United States and Great Brit Brit- Brit Brit- ain sin li h most suitable of ot all foreign parts A 25 26 per pcr cent cut on the rate of ot wheat and flour would tend to place the tho American wheat sucha at nt say Bay Liverpool at such a fJ figure ure tint lh it It could successfully compete w n Ith wheat from Canada Argentina considered All experts who ho TV ho ha have hate e consid consid- consid ered the wheat h at situation agree agre that about bushels of surplus wheat exists In this coun coun- country try fry A lower export rate would Imm demand dintel tend to strengthen de- de de mand with Ith consequent nt Improve ment In price at the same samo time accomplish lIsh desire what hat business men de- de de sire tho iho clearing of ot the country of wheat by the first of ot February 00 |