New-York tribune., 1917-08-13

ton. will come into force September l
and the licenses will be prepared TINS
week
"While farmers cooperative elevators
arc excepted by the food bill, tins, now
ever, only applies 10 mutual concerns
and not TO stock companies, and IN any
event, under the advantages OF joining
the plan, none is likely to stand out.
To Open Purchasing Agencies
ain substitution Of the broken down
marketing machinery, the food admih-
istration proposes 20 open agencles toi
Tho purchase of all wheat at the prlh-
cipal terminals, carrying on lts uH"s-
actions with the usual dealers anu -
prepared TO take the whole h"rNess -
necessary in order TO MAINTAIN ta
price. and will resell wheat TOT eNPoi'
in such quantities as we can "noiu .,, ~
part with in protection OF U"i -,
people. on one hand, and TO sell, ." Wv
other. to the millers Tor doihes'' ''
sumption. iii r,oLo No
.kor,o o~cent a nominal percentage 10
over costs of the operation, anG ar
ranoements will be made when VIII III
sure the government against loss III
order that nothing shall be left 10 ms
cbsnce. we are setting up a properly
Constituted and Independent auditlhE
committee, which VIII che0" "''
actions at every point. r..o
"Tbe food administration under thsse
arrangements would have large ihn.
cncc i'm affecting the price OF "ne"., NEE
With a view 10 determining ialr priv
tho President has approved the apPolhV
,,ort of q committee TO be selecteu
fror, ronresentatives OF the producing
soctions and consuming elements III 'he
comrun;tv. This committee VIII De as
son,LIod under the chalrmanshlp Oh
prss;dent Garfield If Williams College'
and II will be the duty Of tins commit
toe to determine fair price lot !he
1917 harvest. Upon the determination
Of this fair price /: is the intention VI
the food administration 10 use eNelG
authority given it under the pm anu
the control of exports to eneGt the UNI
versatility of this fair basis througnou.
the whole o; the 1917 narVeS' !'"i
without ch,mge or huctuation' iii
cit should thus be clear thaI II VIZ
not be to the advantage OIL an! r.;
Queer to hold back his gram III al',,Gi Lii
netion Of further advances. for ne VIII
10 orIy ot his own cost of storage
"a interest and if it is necessary LOT
tb. government to buy the entire WheaI
Larvcst in order TO MAINTAIN TINS lall
rr;co in protection of the producer we
intend to do So
Will Protect Big Holdings
Furthermore. the holding Of wheat
or Aonr contracts by persons not en-
geced in the trade. and even when III
Tredc in larger quantities than is nee
ossc,v for the ordinary course OF lheir
bnsiness is unlawful under the act'
I'D such cases will be prosecuted WIN
yioor. And we would advise sueh hoIu-
ors 70 liouidate their contracts at once
"Pv the above arrangement we oe-
,;o,,o that we shall stabilize the price
Of wheat throughout the year; that the
hazards of operation, due to nuc'u-
ating prices, which are lmpoSeu upo''
rur milling and distributing coHHluII
ties. will be eliminated, and thereIoie;
.heir business can return TO the hoII"' s.
lines and the normal margins OF pIons'
and that we shall not only nave s.a-
bilized the price OF wheat out =
bilized the price Of -four, and that II
should enable US TO arrive ~ S'"
bilized price of bread. 49,
natriotic cooperation of the Leading
miiTers Of the country, and these mill
ers have organized, at the request OF
the food administration, commlttee
"a renresent the entire trade. Detalled
nropossls for an agreed diferentlal OF
nroft and expenses per barrel OF nour
and per ton Of feed are under dlscus-
sion. Under this arrangement the pup
lie will be assured an equitable ana
stabilized price of -four, based upon
the cost of raw material, and we con-
fdently expect the volunteer arrange
ment with the mills which VIII give
satisfaction to the public.
Allies Will Need More Wheat
"Tbe universal cndeavor over the
country TO reduce consumption OF wheat
breadstuffs in order that we may nave
the requisite exports with which 10
carry the Allies over the forthcoming
winter will result N largely increased
amount of wheat available for export.
if il were export ed as wheat it would
result in diminution of employment IN
our mills, and. of equal Importance,
curtailment of supply Of mill feed for
our dairy cattle. Therefore, the food
administration will stipulate for large
proportion of export of -four instead OF
wheat, and as the export orders Tor
-four will be given subject TO the. ap-
proval Of the food administration, those
mills which cooperate with the admins
tration will be given the benefit ot the
exports employment. BY thus en-
couraging the home production OF flour
he manufacturing cost will be reduced
and therefore the American public Will
receive indirect benefit in lowered
margins of cost in distribution.
Talk With Distributors
"In accordance with the policy OF the
administration TO cooperate with all
trades, we are this week also discuss
ing details Of voluntary arrangements
with the -four distributors, by which
agreed maximum differentials may be
effected in the wholesale trade
AN exhaustive investigation is being
made into the cost Of baking and bread
distribution, ard active discussions are
icing carried on with the bakers war
emergency committee as 20 plans for
the elimination Of waste in the indus
try and the production Of standard
loaf.
1T Is impossible 70 anticipate the
price 10 be enunciatcd by the fair