CONTROL OVER EXPORTS

Taranaki Daily News, 14 July 1933, Page 7

CONTROL OVER EXPORTS

CANADIAN WHEAT SCHEME POOLS REVISE THEIR POLICY CROP REDUCTION DROPPED NATIONAL SELLING BOARDS By Telegraph—Press Assn.—Copyright. Winnipeg, July 12. A wheat export plan based on an -international agreement with the establishment of national marketing boards in each of the principal exporting countries is favoured by the wheat pools of • the Western Provinces. Previously the pools favoured acreage reduction schemes. In announcing their stand for the quota and plan, Mr. George Robertson, secretary of the Saskatchewan Wheat Pool, said it would appear that bushelage rather than acreage was the basis that gave the best scope for success in bringing about a better relationship between wheat production and consumption. Control over exports by the principal wheat exporting countries through a quota plan would tend to relieve the pressure on world markets and prevent one from dumping wheat against the others. Under the international plan the individual grower would be under no restrictions as to acreage and ■ production, but the maximum amount he could market from any given crop would be fixed. How he treated the balance would be entirely in his own hands.

Mr. Robertson believed that legislation enacted to provide a straight acreage reduction would be exceedingly difficult, if not impossible, to enforce.