The Wahpeton times. [volume] (Wahpeton, Richland County, Dakota [N.D.]) 1879-1919, 1915-12-02
FARMERS WILL RE-
CEIYB BENEFIT
OF the Act Of the. Canadian Coz
ernment In Their Recent Act ~
Of Selzinp Over
2O,O0O,000 BUS. OF WHEAT
At Canadian Ports and Thu. Has
Made Wheat Jump up Several
Cents Over the Dollar MARX

sSOV0 vvU0ot OOunp 00 several
Cents Over the Dollar Mark
The granaries On the farms of
the Richland County farmers this
'Iyea; are jamned to the limit and
in many Instances new sral,aries
have been erected to hoid the sur
Ip;us wheat. lhe farmers espec-
tally in this county have been hold
ing their wheat this fall! for high
OF prices a:.J now have realized
t'''i. aim, 10 get one dollar a
nj shel for .l:eir grain CT this ma
lure. A large number of farmers
nave stated t.. the Timas lha, they
were only selling enough to meet
tl.t running expenses of .lleir cs-
tat :ishmeuts and tina. they would
:t.c theirs Until higher prices
prevailed.
\ This we L tile Canadian govei n
hs"nt seized atous twenty million
bI:hels Of wheat to supply the
demand of IL cir head government
in England and thus has made the
wheat price in this country to
take sudden rise. Thus it can
he easily seen that the farmers
|e'e tf.is county who ara more than
f"tunate :his fall to nave rec
|Gr6 breaking crop ana !hei: !inan
cial .conditlcr permit them tu
hold their g,'a;n. Nev.c f.;r a ne
rumber of years mas it be..l,
Iwt,le the farmers nave received
lsr:A conditions as this fall. and
will: the E.; .ciient road, as now
nit will probable result IN the roads
lf'.'2g crow,ied with gr;,in tanks
"n their way to the ncarcs: mar
X. IS.
! IE news d'sptches telling of
this event are as follows:
\ Winnipeg, Nov. 29.-Trading
in wheat futures will be resumed
Tomorrow on the Winnipeg Grain
;lexchange. PresidentgMilnef. an:
bounced tonight after a confer
|ence that the council had decided
Ito pen the market tomorrow for
TRADING in everything except No
vember wheat.
| New York, Nov. x9.-The COM
mandeering Of Canadian wheat
by the Canadian government was
interpreted today by grain ex-
lporters as possibly the first step
by England not merely to take
over all Canadian grain but to
smash ocean freight rates by re-
QUESTIONING the Atlantic freight
ers. Exporters regarded the sit
uation as undoubtedly serious
from their point Of view.
i In Serious Position
I Julius Barnes. one of the lead
ing exporters on the New York
produce exchange, asserted that
the British government could vir-
tually drive the American grain
Exporter out of business if it
Ichose.
"The seizure of Canadian
grain,' he sad, has left us all at
sea. None of us knows yet just
what it means, but if the British
government intends, as is possi-
BILE. to take over all of the Cana
dian grain crop. it is going to put
us in serious position
Government Fixes Price
Ottawa, Ont, Nov. %. The
subcommittee of the dominion
cabinet tonight fixed prices which
are to be paid by the dealers
whose 2O,0OO,OOO bushels of
wheat have been pre-emptorily
commandeered I'D. After prolonged
consideration and conferences
with the representatives of the
Interests affected it was decided
that the prices to be applied are
those which ruled at the closing
of the market in Winnipeg on
saturday.
The claims put forward by deal
ers today for extra compensation
on the grounds that they were un
able to execute contracts with
millers and others for a supply
of wheat are not to be entertain
ed and on payment of the prices
indicated, the liability of the gov
ernment is to be discharged.
May Take Whole Surplus
Something like 10000. 900 bu-
shells of wheat are to be taken ov-
er in this consignment and it is
stated here by competent officials
that t would not be surprising
that if the whole bulk of Canada's
exportable surplus is acquired in
this manner although the COM
!mandeering process may not
again be invoked.
Chicago Wheat oSes Up
Chicago, Nov. 20 Action Of
the Canadian governn1 1ent in com