SPREAD OF FARM STRIKE
WARNING FROM THE WEST PRICE RISE PREDICTION REPORT BY DEPARTMENT. HIGHER DOMESTIC CONSUMPTION (United Press Association —By Kl—trie Telegraph Copyright.! Received 2.45 p.m to-day. WASHINGTON, Nov. o. With indications from the West that the farm strike will be intensified as a- result of President Roosevelt’s refusal to accept a Government price fixing programme, the Department of Agriculture issued a statement to-night predicting higher farm prices in 1934 as a result of iuciehsed domestic consumption, but painting a gloomy picture of possible foreign markets and tacitly admitting the acreage reduction policy is not altogether effective. The report admitted that “the extent of the price rise will not be affected by future monetary or credit policies.’’ This observers- here interpret as a renunciation of the administration’s present “managed currency” programme. The report is said by some experts to indicate that relief for wheat producers might come from the world economic conference, -but it is . indicated they did not hope for a wide-scale adjustment of import restrictions, export quotas etc. '
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Hawera Star, Volume LIII, 6 November 1933, Page 7
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171SPREAD OF FARM STRIKE Hawera Star, Volume LIII, 6 November 1933, Page 7
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