Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1915-11-29
CANADA GOVERNMENT
(Continued from Page Cne)

Of oats and hay have been handled for
the past year.
Official Statement
The following official statement on
the wheat order was issued by the
government tonight.
The phenomenal crop OF wheat in
the Canadian West has brought upon
the government the duty Of assisting
10 the farthest extent possible in its
marketing. The supply Of wheat the
world over is known to have been
abundant and the Importance of taking
advantage of every opportunity to pro-
vide for the disposing of our grain is
on that account the greater. For many
months the government has been IN
touch with the British authorities
with view 10 procuring orders from
the United Kingdom and the allied
governments in order that the utmost
share OF the consuming demand in
those countries may be turned toward
our Canadian surplus. AS a ccnse-
quence Of this, the British government
mas requested the Canadian govern
rnent to provide within a short time a
very large supply Of one, two and three
northern wheat.
The problem of meeting these re-
quirements and of doing So at such
prices as would induce repetition Of
orders III Canada then confronted the
government. The effect of government
purchases in the open market such as
were made by different countries a
year ago is we'll known to the public
The market rises abnormaIly, adding
70 the profits of grain dealers and spec
ulators. who have purchased the grain
which the governments require The
advance in price of large amount Of
grain in store becomes the loss of the
purchasing government and the profit
not Of the producer but of the own
er Of the stored grain.
Price on Fair Basis
To secure the desired end this year
the Dominion government determined
Saturday to commander all Nos. /. .
and 3 northern wheat in store at the
mead az the lakes and eastward. This
involves the purchase of anywhere
from u to Is million bushels The
price paid has not yet been settled by
the government, but VIII shortly be fix
ed on a fair basis. The communicating
order goes no farther than is stated
above, and instructions have been Civ
en- that all loading now underway is to
be continued and no DELAY whatever
occur in the transport of the corman-
deered grain from the elevators to
ocean terminals. 1t will be observed
that the order does not apply to grain
in elevators west Of the lakes or in
transit at the time the order takes eff.
fect or subsequently thereto.
There are of course many cues
tons of important detail that arise
and demand adjustments, and these
VIII be given the fullest consideration
and the promptest decision possible.
There seems no reason why the
grain markets should be radically af-
fected by the action taken. Obvious
ly it does not involve any increase in
the worlds consumers. or indeed in
the worlds consumers demand. 1t
means simply the filling of the exist
ing demand to the extent of the grain
taken by this much Of the Canadian
surplus instead of filling the same from
other SURPRISES. If the result should
be rise in the Canadian prices, the
beneficial effect will largely accrue to
the grain farmers themselves and not
to the holders of grain in store While
the holders of grain in store are en-
titled to fair treatment, it has been
thought desirable not to precipitate
market conditions at he expense Of
he ec1JSfomerS from whom u,a bopa
to obtain orders in the future and who
are our allies in the war.
The action taken by the British
government is based entirely on war
conditions and the response Of the
Canadian government has been distat-