THE WHEAT PRICE
Sir,—The decision of the Federated Farmers’ executive (“The Press,” Thursday) to appeal to the Government to review (meaning increase) the wheat price can hardly be deemed a very original contribution to the food production problem. While fully appreciating the executive members’ personal sacrifice of time and money, why not for a change—2o years overdue—come out of cloudland and face this wheat business realistically? No one to-day denies that increased prices lead nowhere and cancel out increased costs. Nor would any reputable economist say that out of the present jungle of debt, and more debt, usury and taxation, it is even remotely possible to guarantee adequate stable prices for primary products that , the land may be restored and maintained at its full potential of fertility. Yet this must be done as security against future food shortages, which world opinion generally agrees may now become chronic.—Yours, etc., M Y. T. SHAND. May 4, 1946.
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Press, Volume LXXXII, Issue 24868, 7 May 1946, Page 2
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155THE WHEAT PRICE Press, Volume LXXXII, Issue 24868, 7 May 1946, Page 2
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