FARMER ATTACKS CHICAGO WHEAT CONTROL BOARD.
CONDEMNS SECRECY OF SYSTEM AS UNJUST. By Tei^oiapli.—Press Assn.—Copyright. Aus. and N.Z. Cable Association. (Received June 22, 10.50 a.m.) NEW YORK, June 21. Mr J. Gough, president of Texas Wheatgrowers’ Association, addressed at Chicago the American Institute of Co-oeration. He demanded the abolition of the Chicago Board of Trade. lie said that it was the height of folly to talk about farm relief and not eliminate the cause. The Chicago Board of Trade dominated the Exchange and had absolute power to fix the price of every bushel of wheat. The five men on that board determined what the farmer got for his grain. They were nameless under the law and known by numbers only. Farming wouid never be profitable until there was a change in the system and the farmer couid control the flow of price and the distribution of his products the same as other industries did.
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Star (Christchurch), Issue 18188, 22 June 1927, Page 9
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154FARMER ATTACKS CHICAGO WHEAT CONTROL BOARD. Star (Christchurch), Issue 18188, 22 June 1927, Page 9
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