WHEAT MARKET PROBLEMS

Hawera Star, Volume L, 5 March 1931, Page 5

WHEAT MARKET PROBLEMS

v INQUIRY IN CANADA. COMMISSION APPOINTED. (/UiMAi AAjoCiaUUli — By Gxlcctril leieglapt OTTAWA, March 3. The appointment of a Royal Commission to inquire into grain marketing is announced. Three paramount problems will be investigated: 1. Should the grain exchange be retained or abolished? 2. If retained, should trading in futures be continued? 3. Would an established 100 per cent, pool bo conducive to more orderly marketing and be more satisfactory than the exchange and pool method?

At Winnipeg 500 wheatgrowers, including many members of the pool protested against the proposed compulsorywheat pool t.o the Premier. A meeting of farmers at Killarney refused to permit Mr, It. F. Chapman, director of the Manitoba wheat pool, to speak in favour of a compulsory pool system. EUROPEAN SUPPLIES. 1 linusli uiiicial Wireless. > RUGBY, Maroli 3. Mr. W. Graham, President of the Board of Trade, questioned on the recent conference at Paris on the existing European grain supplies, said the hnal act declared the willingness of the countries importing foreign grain to participate to the utmost possible extent in the purchase of stocks available in the grain-exporting countries of Central and Eastern Europe. Having regard to the interests of the Dominions the British representative at the conference did not feel able to associate himself with these declarations. Since then a report had been made to the commission for European union, emphasising l the importance of consulting overseas countries. An early opportunity for the exchange of views with those countries may be provided by the conference of the International Institute of Agriculture.