The Farmington times. (Farmington, St. Francois County, Mo.) 1905-1926, 1917-08-17
u. S. WILL BUY CROP
TO KEEP UP PRICES
Hoover, in Explaining New Food Bill,
Says Holding of Wheat or Flour
Contracts by Those Not in
Trade is Unlawful.

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pf:2~ls'.
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Ids~1s' ~He ever WIEN : lr>4s T. -2fgsF
-. ~ -. - u 1850, $500 -, - ~
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~ Il sovi1es -.ol5a,E II 50. aeT-
TRAITS u f,<,siye-e trer y, orc
49, - =. s-..,T
-'s
- 2sLa-s q ~ .3yl &zTalnlsISs-
Lt2a p-Szt as u l1s t2I.F1. u wheat
As-i nc 2ieac are gre Ese@Fly snc
a. S,1yAsSslE ss p@ssl14s q: IhAs NM
-. lee' sF44stf.s q ORD Ally In21gaI
E@] @ic HsFssopso nletJ>1s - @s 20
owe n I1s gtsat l2sE O, e21fDIlhS
5rpc-eI32f o-sIrirJ!s2's sale soc
pr<Jse q cDLl1l|cILlss -l2sE I1s ns"
~. ~ '-fl'Sfeae-
fsIyFs' 1sseriSss dl-.JiSiE %"
commerce ~ iless s-2jlss 4s . oa
feg 2faIsc anc h9E 0ItlHlays1y ne eDr-
sali'zef Z sIpeetsc y .ensfit ~ Z st.
ollllY q prscss alc d sL&DaarcL zaEOl
y TIE s2st u bread sno z olne, ways.
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az az /, ''e- ila-s % ~ "Sf41 S'i+,
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st'eyS. -Ael J.'y'' - ~ @,i "a
Aetfs@ ." VIVA MAJ any ''@st
Markets Are Upset.
81 AZ Z result II ne isolation Of
ner-zIn " ne S'gtad's Tt4est-prDo1cing
countries ~ eItnsF 1slligefent hhes
Or short shipping, ne normal deter
Tolfla}IDn " ne prlce q wheat py ne
eOI ano 10" u commerce IL tOlally
cesJEoySc.
z. II orosf 70 conJfp. speculation
ai.o y nSe.te hfyts = 4i.ei'-s o4sLf4,
9 S~.ID' ~ @IE e. s'-s1D-s "ll7s 81
-. ~ Ds,nssn ,,'sh Sy+ii@ lzH, .a'' g
- sy'e 'll.. 4e.s p.4DS l
80 ~ 100 - ~ -.'e" H1PP-'S' ~
~ g ~ i-s1..@e ~ ~ DosSIi' .-.-.,- Z
- -i1s ~ - ~ $780, = ~ CO
-" ~ - -, &c /,
~ ,,,r,1s i @oTyse ~ c1,r,+nercs e,s
fore. the export price Of wheat and 8
-four and thus the real price, II not :
controlled, viii be subjec. 70 almost q
single will Of the foreign purchased
Warehouse Ia he filled ii
go 7. - 60. -. q
o. ~ iloii'iS.. S.ii'egl Llll' - ~ - \
~ ~, -s;y,sS'y :, ~ !,
- L ita - s - ;-. 80 - q
W ppl,-s .s -15.i 80 !,
- q ~ III lei 80, ,llele +,
= ~ -, ~ ~ !" e e'-yH's !,
y DyeAl, ''ei q N''IS'@si '1D4s psf4yo' n.
q. mere are large stocks o. wheat 4
~nlch cannot be drawn upon " the !,
aLi4es during ne war Out 10 me event !,
% peace Or defeat q me submarines, h
LhEoe "pS(9 ne aFalAaple, ana mignl
sssr.pQsly dsmoralize the demand Tor n,
american wheat n
-. II must be clearly understood eJ
hat the guaranteed minimum price Of N
* PER Dusnei Tor wheat, get out In the 10
~, ~ S'es ny aPpiy ~ Jle ~ ed
"a ~, 49, :!l,gi. ~. ~ -. q
- 80 Syit'4Sf1iH "niIA mus No
,,at.a1 ts ~ ,sIS ~ Oh
p '0' @'i ING ~ ''''' m
DTaslc Action Neeoed eq
''The result Of this situation lie that ba
he normal price-making machinery an
: entirely broken down unless some te'
hcient government action is brought VI
nto play-either ia) the American
roducer may face slump in wheat,
,oesibly below his production cost, coi
nd ~ the exports Of wheat, which WI
Ultimately determines the real price, m,
] al the viii of single agency; lei vi
omeone must buy the surplus wheat 70,
I any given moment, and IL the sur la
lug passes into speculative hands it av
'ould be held for higher prices later no
J the year; ID with stabilized prices. mi
xtra hazards are introduced into all an,
INKS, Wnic1 must De PAID Of
~ ~ IL a'G ffiIsad 81 Ha'I oe 81 cal
ent can ,,,v inetiy Sesf NH 1,e H. ira
tnstion tbsn sru ~ ~ " "nerc ~ POI
sntinnad w 1"' ''' '~ ~h
o. n. nol
, Spsc"iali'n ELIMINATED PR
Therefore, the food administra- tho
onE Is determined 10 take the follow adi