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AMERICAN WHEAT SURPLUS.

STABILISING THE PRICES.

FARMERS OPPOSE POOL.

(Received 12.30 p.m.) CHICAGO, Juno 21. The Wheat Conference convened by the Governors of seven wheat-growing States rejected by a two to one vote a , resolution providing for the establishment of a grain corporation for the purpose of buying all American farmers' wheat when the price descended to 150 cents a bushel, or requesting the United States Treasury to furnish money to insure a definite price at 150 cents. Delegates voted that it was the sense of the ■convention that wheat prices should be stabilised, but by increase of domestic consumption rather than by Government subsidy.— (A. and N.Z. Cable.)

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/AS19230622.2.62

Bibliographic details

Auckland Star, Volume LIV, Issue 147, 22 June 1923, Page 5

Word Count
109

AMERICAN WHEAT SURPLUS. Auckland Star, Volume LIV, Issue 147, 22 June 1923, Page 5

AMERICAN WHEAT SURPLUS. Auckland Star, Volume LIV, Issue 147, 22 June 1923, Page 5