CONTROL OF WHEAT.
PROPOSED ELIMINATION OF SPECULATION. United Press Association--tsy Eectrle Telegraph—Copyright WINNIPEG, April 10. The elimination of speculation in grain is the only solution to the growers' problems, states Mr W. Sanford Evans, the noted Canadian economist, a member of the Sir Joslah Stamp Commission, which will probe grain futures for the Dominion Government. Mr Evans's plan would permit pools to carry on their financing without the assistance of a guarantee from the Government. Banks would loan funds to the pools on the same basis as they finance line elevator companies. Grain hedging by pools, whereby large sales and purchases are affected without actual delivery of grain, would not be permitted. CANADA’S WHEAT. BIG SUPPLIES IN STORE. United Press Association—By Electric Telegraph—Copyright MONTREAL, April 10. Canada is getting near the point where it will have butter for export again, but whether it will he this year or next is a question, stated the Dominion Dairy Commissioner, Mr J. A. Ruddick. to members of the Montreal Produce Association.
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Bibliographic details
Timaru Herald, Volume CXXXIV, Issue 18850, 13 April 1931, Page 12
Word Count
168CONTROL OF WHEAT. Timaru Herald, Volume CXXXIV, Issue 18850, 13 April 1931, Page 12
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