U.S. FARM STRIKE

Dominion, Volume 27, Issue 38, 8 November 1933, Page 9

U.S. FARM STRIKE

Unrest in Mid-Western States PICKETING PROBLEM New York, November 6. A message from Des Moines states that the mid-Western States are seething with new agricultural unrest and the authorities sought to deal vigorously with farm pickets to-day. At Sioux City they requested the aid of the National Guard troops. Meanwhile a 40ft. railway bridge was burned, while violence was reported from other States as the strikers attempted to stop the flow of foodstuffs into the markets. Approximately 20,000 armed deputysheriffs are held in readiness for immediate action, and over 50,000 guardsmen are being held in reserve. Farm organisation leaders placed the number of pickets as high as 250,000, and State officials at 50,000. Many State Governors and farm leaders continued their demands that production costs be guaranteed by Government price-fixing and threatened to demand Congressional action over President Roosevelt's head, when he convenes Congress in January. The Government’s price for gold continued to make successive advances to-day, and was quoted at 32.84 dollars an ounce, 17 cents above Saturday’s price and 38 above London quotation. The pound soared spectacularly and touched 4.93 dollars 6 cents, and closed ar. 4.90. Although this is undoubted? ly due in part to the functioning of the gold policy, exchange experts report a heavy flow of capital from Paris and New York to London. Reconstruction Finance Corporation officials revealed that 2,800.000 dollars’ worth of gold had been purchased domestically, and “substantial amounts” abroad. Despite the weakness of the dollar security and commodity prices were generally lower on adverse domestic developments, including the industrial and agrarian strikes.