Wheat Control

Manawatu Times, Volume LV, Issue 7031, 15 December 1932, Page 6

Wheat Control

Limit World Production MOVEMENT GAINING GROUND United Press Association—By Electric Telegraph—Copyright. Received Wednesday, 8.30 p.m. HURON (South Dakota), Dec. 13. The international control of wheat production to reduco the world surplus and thereby stabilise tho price was forecast on Tuesday as a consequence of the proposed enactment by Congress of a voluntary domestic allotment plan. Mr. W. R. Ronald, one of the sponsors, said it was not only possible but probable. ‘‘lnquiries received indicate growing interest in the plan by Canadians and by Australian observers in the United States. Britain adopted the plan in principle in tho Wheat Act of May last, but importers applied the plan to the stimulation of production not using tho production limitation feature as proposed by tho United States. “The adoption by Congress of this plan, with control through limitation of the acreage of individual farmers, would set forth a means by which Canada, Australia, the United States and Argentina could effectively carry out an agreement for the curtailment of production to nearly balance with the demand, and do away with the unsaleable surplus. This takes, no account of Russia, whoso troubles keep her out of the market for tho time.”

Favourable Canadian Opinion A Calgary (Alberta) message says support for the world wheat pool is apparently gaining strength. International supporters said on Tuesday night, commenting on Mr. Ronald’s address at Huron, that at the recent Alberta wheat pool meeting many delegates advocated an international wheat board, and the Government was requested to convene a conference of wheat-exporting countries to deal with the pre'sent marketing situation. Mr. Marvin Jones, chairman of the United States House Agricultural Committee, was notified on Tuesday night that tho executive of tho Farm Leaders’ Conference had agreed on simplifications of tho Voluntary Domestic Allotment Bill and would present them to Iris committee on Wednesday. An agreement was effected when an attempt was made in the general conference to make the plan compulsory, and certain groups threatened nonparticipation. Record Crop in N.S.W. Wheat harvesting in New South Wales is in full progress. There is tremendous activity throughout tho country and unprecedented congestion at the silos. There is a record crop and a record yield of 67,000,000 bushels in this State, mostly of splendid quality. Western Australia is also having an improved harvest of good quality grain, but the yields in South Australia, Victoria and Queensland are not Up to earlier estimates owing to rust, insect pests and under average rainfall.