Arizona republican., 1917-08-31
WHEAT PRICE IS FIXED AT $2.2O PER BUSHEL
 FOR THE SPRING CROP
TRepublican A. p. Leased Wire]

l crop of wheat by President Wilson 1 tonight on the recommendation of the wheat price committee, headed by Dr.. H. A. Garfield.
 The basis will be No. 1 northern spring wheat delivered at Chicago. 1 The committee finally agreed late this 1 afternoon after several days of voting. At one time today it looked as if it 1 would be unable to come to conciu- 1 sion but just before 6 o'clock a com i promise was reached and the last vote was unanimous.
 i Representatives of the producers 1 began by voting for a price of $2.N and labor's representatives for $1.S4. l The two eventually narrowed down | until the votes were only few cents l apart and most of todays voting i showed only a slight difference. Both 1 factions appeared uncompromising at 1 the start.
 i On the basis of s2.20 at Chicago, the : food administration worked out to- night differentials for the various grades and classes and for the several | terminals. The price fixed tonight is | 20 cents higher than that named for | the 1918 crop by congress in the food | control bill The s2 price set by con- gress was taken into consideration by
 
 valuation for this years crop. 1 In statement accompanying the announcement of the price President Wilson declares it is the hope of the | food administration and his own as well. that the fixing of a price will , stabilize the market and keep prices within moderate bounds for all trans l actions during the current year. 1 The price of flour and bread, too, l the president declares, will be kept 1 down.
 The committee in it's report to the president gave as it's three chief con- 1 alterations that entered into its delib- 1 erations the following:
 /! 'The fact that the United States is ! at war; the need of encouraging the 1 producers, and the necessity of reduc- l ing the cost of living to the consumer l All members agreed in their discus 1 sions that the price fixed will permit i of a fourteen ounce loaf of bread for cents, allowing a fair profit both to the flour manufacturer and the baker.
 The price differentials worked out | by the food administration tonight 1 are:
 No. 1 dark hard winter SPA; hard winter basic, S220; red winter basic, s220; yellow hard winter s2.16; soft red winter, s21S; dark northern spring, 1 SPA: red spring, $2.1S; humpback, l s2.10; amber durum, SPA durum i basic, s2.20; red durum. s2.13; red 1 Walla. s2.13; hard white basic s2.20; soft white. s21S; white club. s2.16. l No. 2 of each grade is 3 cents less; 1 No. 3, cents less; No. 4, 10 cents less. Relative market basis:
 Chicago, Galveston, New Orleans. 1 basic; Kansas City and Omaha, 5 cents less than basic; Duluth and Min
 neapolis, 3 cents less; St. Louis, cents less; New York, 10 cents more than basic; Baltimore and Philadel-
 phia, 9 cents more; Buffalo, cents | more.
 The basic grades are numbers l 1 hard winter, red winter and northern spring.
 1 Although the prices are fixed on government purchases only. the food administration. through it's wheat | corporation, expects to control the market without difficulty The cor
 poration will make all government and allied purchases and has under consideration plans to buy for millers If it serves as broker between the
 terminal and the flour mills the cor poration will become purchaser of vir-
 tually all the countrys wheat crop.
 Members of the committee said to- night they expected a great deal oi
 criticism from the farming classes but
 that they felt that every farmer
 should consider himself a part of the war machinery of the government and willingly relinquiSh a part of his
 profits in the interests of the common good. Great pressure was brought tC
 bear on the committee from many
 quarters to set the price at a higher
 figure than that named, but the fina
 decision. members of the committed
 declared. represented majority opin-
 ion of what is farest to all the inter
 ests of the country.
 In it's statement to the president
 the committee recites the factors con
 sidered in it's decision. Chief among
 them was the mounting cost of living
 The condition of world markets als,
 was given careful thought, as was th'
 probable effect of an early termination
 of the war which would loose grea
 stocks of wheat in other countries
 now tied up because of the lack O shipping.
 The cost of production came in fo
 considerable attention. It was realize, that some growers will be forced t,
 sell their wheat at a loss while man.
 others will make a high profit
 The committees work ended witt fixing of price. Besides Dr. Garfield
 the chairman. the other member present were:
 Charles J. Barrett of Georgia, presi dent of the Farmers Union: Eugen
 E. Funk, of Illinois, president of tn Corn Growers association; Edward F
 Ladd, president of the North Dakot Agricultural college; J. w. Shorthil of Nebraska, secretary of the Nationa
 Farmers Council L. J. Tabor, maste l of the Ohio State Grange; Henry l Waters. president of the Kansas Az
 ricultural college; w. N Doak o , Roanoke, Va, vice. president of tn l; Brotherhood of Railroad Trainmen 5 James W. Sullivan of New York. o r the American Federation of Labor;
 (Continued on Page Two)