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Show SUGAR EQUALIZATION BOARD IS FORMED WASHINGTON, July 11. To equalize equa-lize the-price of sugar to the consumer in the face of prospects of an increase; due to threatened shortage and to secure se-cure better distribution, President Wilson today created the sugar equalization equa-lization board, on recommendation ot Food Administrator Hoover. The board will be incorporated at 5,000,000, the capital to be furnished by the president from his special war fund and. will give authority to acquire oven at a loss to the government, the production of bqet sugar factories that cannot under the present price of beets be sold to the public at a reasonable rea-sonable price, and other high cost BUgar. This will be resold in tho com-mou com-mou lot at tho stabilized price, thus saving considerable to the consumer. Offices of the board will be in Washington. Wash-ington. Mr. Hoover has been appointed appoint-ed chairman and George Rolph, sugar director in the food administration, president. The United States now virtually controls all sugar produced in tho country as well as that imported, through the international sugar committee, com-mittee, which organization allocates to the domestic industry. |