WHEAT POOL

Gisborne Times, Volume LXV, Issue 10392, 9 May 1927, Page 5

WHEAT POOL

PLANS LOR PRELIMINARY ORGANISATION.

(United Press Assn. —Copyright.) (Received May 8, 5.5 p.m.) NEW YORK, May 7. A Kansas City message states that delegates to the international wheat pool conference, including Australians, adopted a resolution last night that “as soon as possible the wheat producers- of the chief exporting countries of the world should look toward tho consolidation of their cooperative programme. This must be preceded,by thorough organisation of producers of wheat in each country on a permanent basis. Such organisation must control-a substantial percentage of the wheat grovsn in these countries. When these conditions are met, then international co-ordin-ation should follows to give the grower the same control of marketing his crop as is already possessed by other industries, arid thus materially assist in putting agriculture in its rightful place among the other industries of iho worId.”— A. N.Z.C.A. PRIMITIVEI METHODS IN OLD WORLD (Received May 8. 5.5 p.m.) MEW YORK, May '3. At Kansas City, Mr Leon Eastbrook, the Rom© representative at tho International Institute of Agriculture, declared that due to ignorance the fanners of the Old World were employing primitive tools, and methods of farming, keeping thousands of people busy who under modern methods would he unemployed, making an easy prey to Soviet doctrines. He added, “Italy furnishes the most concrete example of what other European countries must face. The limited amount of room allowed for wheat has forced Italy to raise higher grade wheat with a larger yield per acre.”—A. and' N.Z.C.A. SESSION CONCLUDED OPTIMISTIC DELEGATES NINE AMERICAN POOLS TO CO-ORDINATE - (Received May 6, 5.5 p.m.) NEW YORK, May 0. The morning session of the Wheat Pool Conference was devoted to reports of committees, after which Judge Gough of Texas, spoke 911 the Texas Wheat growers Association. Bruce Lampson (Colorado) explained field service. NEW YORK, May 7. The international IVheat Pool Conference at Kansas City closed its three day session, ending for the time being the efforts of representatives of the United States, Canada, Russia and Australia to unite wheat marketing organisations into a cooperative group. While the executive sessions have been secret there have been no announcements of what forward steps made have been, observer’s are of opinion that the conference has marked the beginning of a world-wide combination to effect relief to grain growers from certain ills which in the past have affected them, I rut although optimistic concerning the good which they believe will come from mutual understandings reached during the conference, co-operative leaders believe it will be some time before a world organisation is formed. Delegates agree that the nations must work together providing each other with information regarding crop movements and conditions, and also agreed that the selling of export wheat should be stabilised, so that the price of grain would vary little throughout the year. One definite result of the meeting is the co-ordination of nine United States pools into one national group, with domination over separate pools. This is almost certain to Ire the outcome, according to the delegates of the nine pools concerned', who are returning home determined to prosecute the union plan. The final session of the conference was devoted to a discussion of the facilities for handling, grain selling by pools, and the discussion of possible bases of international co-opera-tion. The only remaining items or business are the naming of the international executive committee' and the selection of a meeting place for the . next conference, Canada being favored.—A. and N.Z.C.A.

IMPRESSION OF DELEGATES RUSSIA WANTS HIGHER, PRICES WORLD CO-OPERATION THE KEYNOTE OF SUCCESS (Received May .8. 5.5 p.m.) NEW YORK, May 7. Mi "Wilson, interviewed on the wheat pool conference, said: “The haphazard marketing of wheat lias had an unsettling effect on the market. We are trying to abolish that. This conference I believe, will reach a tentative understanding of benefits to the wheat growers of the world.” Ohsol, tiie Soviet delegate, declared that although Russia's exports of wheat were steadily increasing, Russia, was not trying to force lower prices. He said: “We are here as whea.tgrowers to study with you the. problems we face of getting more money for our wheat. This conference will greatly aid us in formulating an export, programme. ’ ’ Mr East.b'rook declared that education was tha> keynote of success in tho co-operative movement throughout the world. He believed the conference would be a great help to wlieatgrowcrs as an educational meeting- . . Mr Bath expressed appreciation of the way politics had been barred from tho conference, and praised, the business-like manner of the conference. All problems and angles of the world wheat pool situation had been delved into at the meeting. 0 Mr Gardiner, Premier of Saska- ' tchcvan, said lie did not expect an international organisation linking all the wheat pools of tli© world! would He formed for some time, but the conference 'would be ol great benefit in showing farmers fust where all the wheat growers’ problems, aims and ideals were identical. —A. and N.Z. C.A.