Ogden Standard-Examiner | 1920-06-01 | Page 14 | U. S. Control of Wheat at an End

Means Passing of $2.20 Bushel Bush-el Guarantee of the Government. WASHINGTON, June 1. Federal control of wheat and wheat .products ended today, the wheat dirpctor ceasing ceas-ing to 'unction under the limitation of tho law creating his office and the food administration icpntrol ending by proclamation of President Wilson. This means the passing of the government gov-ernment guarantee of ?2.20 a bushel for wheat established during the war as a means of stimulating production. As soon as some remaining contracts are carried out by the United States crain corDoratlon that body will turn over its finances to the treasury department. de-partment. Licensing of dealors in wheat and wheat products has been in the hands of the wheat director and the food administration and this automatically ended today. Dealers, except those having fixed contracts, are now free to buy and sell at such prices as conditions con-ditions warrant. Officials said the grain corporation ; had operated at a slight profit, but . that the exact figures would not be i known uritil the affairs are wound up.