MERIOT WHEAT SUPPLY
FARM BOARD’S PROPOSALS LESS PRODUCTION DEMANDED POLITICAL EFFECT IGNORED By Telegraph—Press Asm.—Copyright. Rec. 7 p.m. Washington, July 16. It is announced definitely that the Farm Board will buy no more wheat for a considerable period until tho present surplus is reduced through voluntary decline in production by growers, and till the supply is practically parallel with the domestic consumption, er as a result of a decline in the world supply. The stabilisation features of the Agricultural Marketing Act will not be invoked again. Meanwhile, it stated, the Farm Board will hold 69,000,000 bushels purchased last spring until the price reaches the point paid for it. The administration is apparently determined to continue sanction of this attitude of the harm Board despite the possible effect on political fortunes.
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Taranaki Daily News, 18 July 1930, Page 9
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130MERIOT WHEAT SUPPLY Taranaki Daily News, 18 July 1930, Page 9
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