The sun., 1917-07-09

restrictions will work the utmost hard
ship.
Great Britain and the other Allies
probably will not be disturbed In mind,
for an understanding has been reached
which gives them assurance that they
will get all the supplies possible TO send
them. Great Britain will be asked ac-
cordlng to present arrangement, to take
the surplus wheat supply from Canada
before drawing further upon the re-
serves OF the United states and will do
this willingly.
While the new licensing provisions
do not go into effect until Sunday,
July 8, one immediate effect Is expected
from the Presidents proclamation, and
that Is drop in the prices OF several
important cereals, notably wheat and
corn. This will be more pronounced, II
IL believed, after the restrictions actu-
ally are in effect
Hoover to he sole Buyer.
II is virtually certain that all the
buying of food grains and other food
supplies in the United States for the
account of the Allies will be done by
Herbert G. Hoover. head of the Ameri-
can Food Commission. He will also
have control Of the purchasing of grain
for the neutrals, IL he does not do the
actual buying The President has ex-
traordlnary confidence in the Judgment
and ability OF Mr.. Hoover, and 1t Is
likely that no man in the Administration
save the President himself will be vested
with more power than the man who
conducted the American relief work In
Belgium.
Wheat prices are lower in foreign
countries to-day than they are in the
United States This condition Mr..
Hoover believes will be radically changed
after the embargo goes into effect and
after Congress gives the food admins
tration an official status While wheat
prices in this country are fluctuating
around the 81 mark and have been much
higher, the Government price in Great
Britain is $3.50 a bushel, in Australia
$114 a bushel, in India $1.35, and in
Italy S1.69 to $1.94. The Allies also
are requiring a mixture Of 20 per cent.
corn, rye or barley in the -four
Conditions of License.
Isecretary Redheld OF the Department
Of Commerce outlined to-day the pro-
cedure by which licenses for export
mlglrt be obtained as follows:
4"Applications for licenses may be
made TO the Bureau of Foreign and Do
nestle Commerce, Division of Export LII
or to any of the branches of the Bureau
OF Foreign and Domestic Commerce
New York, Boston. Chicago, St. Louis,
New Orleans, San Francisco and Seattle.
'In applying for a license to export
any of the commodities covered by the
Presidents proclamation applicants
should give the following information in
tripllcate form:
"a. Quantity.
"R Dissertation of goods
&C. Name and address of consignee,
I'D. Name and address of consignor.
'"The license will be good for sixty
days and at the expiration OF that time
must be renewed and II not shipped
within that time a new application must
be made.
THE various branch offices Of the
Bureau of Foreign and Domestic Com
merce have been given full instructions
as to the disposition of all applications
for licenses"
It is the desire OF the Bureau Of For
eign and Domestic Commerce to mimi
mice the exporters difficulties as much
as possible and therefore wherever prac-
ticable the district offices will be author
ICED to issue the licenses. 1t is thought.
however. that many of the applications
may have to be forwarded to Washing
ton for decision.
In case exporters desire they may
telegraph their applications direct to
the Bureau of Foreign and Domestic
Commerce, Division Of Export Licenses
in Washington.