SURPLUS AMERICAN WHEAT
CASH SALES ONLY (United Presß Association—By Electric Telegraph—Copyright) WASHINGTON, 30th March. If the Grecian Government wants, to buy 7,000,000 bushels of wheat from the Farm Board -it will have to paycash. Indications that such a deal is imminent found no strong foundation here. At the Farm Board the, only comment was: “Cash —no credit.” The Greek Ministry saicl that it had not presented an oiler to Board since December. Greece on Tuesday announced new decrees placing an embargo on Canadian, Argentine and Australian wheat imports, as a preliminary to the possible re-opening of negotiations with the Board. When Greece first talked of purchasing wheat here the board was willing to consider a credit arrangement. Since then, however, the board’s treasury has been further diminished to a point where it cannot undertake long term financing.. Administration leaders meanwhile are seeking 100,000,000 dollars appropriation to finance foreign sales, particularly in new markets, such as the Orient.
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Nelson Evening Mail, Volume LXVI, 31 March 1932, Page 7
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157SURPLUS AMERICAN WHEAT Nelson Evening Mail, Volume LXVI, 31 March 1932, Page 7
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