CANADIAN WHEAT
OPTION ON ENTIRE CROP WILL GOST ABOUT £100.000,000 United Press Assn.—Elec. Tel. Copyrlghl LONDON, Dec, 29 The Daily Herald (Labour) says an option on the entire Canadian wheat crop, to ensure part of Britain's food supply in a time of emergency, has been engineered by the Board of Trade and the Minister for the Coordination of Defence. Sir Thomas Inskip, after secret negotiations between Whitehall experts and the Canadian Wheat Board, lasting over some months.
If the option is taken up It will cost Britain about £100,000,000, plus £5.000.000, the price of the option. This, says the Journal, is only part of a great scheme for importing and storing emergency supplies. Old disused ports on the south and west coasts are to become receiving centres. Instead of vulnerable targets such as the Port of London. Hull and Newcastle. New ports are being surveyed at Poole, Falmouth. Milford Haven, Maryport, Dee Estuary, Holyhead and Stranraer* To convert Poole into a first-class port would cost £1,000,000. REPORT OF OPTION OFFICIAL DENIAL GIVEN United Pres? Assn.— Elec. Tel. Copyright (Received Dec. 30, 3 p.m.) OTTAWA, Dec. 29 The report from London that an option has been taken over the Canadian wheat crop by the British Government. is officially denied.
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Waikato Times, Volume 121, Issue 20387, 30 December 1937, Page 8
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208CANADIAN WHEAT Waikato Times, Volume 121, Issue 20387, 30 December 1937, Page 8
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