Grand Forks herald. [volume] (Grand Forks, N.D.) 1916-1955, 1917-10-15

~facturers, distributors and warehouses
to take out government licenses the
food administration is placed in abso-
Lutte control Of them. Their books and
plants must be kept open for inspec-
ton. Their charges, profits and meth
DDS Of doing business are subject to
change whenever Hoover considers
them unfair. The very doors Of their
warehouses and cold storage plants
must swing open to let out food when
Hoover says SO.
Hoover now holds our food supply
in the hollow Of his hand.
If the food barons refuse to do his
bidding. they can be punished, fined
up to $4,000 or sent to prison for two
business a be shut up!
They have to be good.
The need for food control Of the
most watchful type is greater now and
through the winter than at any other |
time.
Large canning concerns are stock
ing up with fruits and vegetables
bought at the lowest prices of the
year. BY keeping a strong hand upon
h outflow h tanners are able to
maintain high prices. In winters past
this outflow was little affected by sup (
ply. II the supply was too great can
ned goods were held ove q whole
year, or dumped.
Potatoes were contracted for as ear
ly Is last seeding time. Potato specu-
lators seldom buy in an open market.
They buy while the tubers are yet in
the ground and when the growers
price is beaten down by reports Of
bumper crops. In northern Minnesota
and southern Manitoba, along the
Canadian Pacific. railroad. farmers
sold their potatoes under contract at
$NNrn IN 70 IN nArtuHa 80 ,y~IA N--k
August-all to spud gamblers. These
potatoes often reach the city
market. If It pays the gambler more
to let them rot in the fields, or in pits
or storage warehouse he will do
that
Egg gamblers buy the product OF
the great American hen on q million
they pay from IA to 20 cents : dozen
on tho farm, and sell to the city house.
wife mex winter at 10 to SO. The cost
Of transportation, breakaRe, storing: IL
less than s cents q dozen. Figure out
tho prodt
This year they hoped to- do better.
They expected dollar-a-dozen.eggs by
Christmas. To rove this you. only.
storage charlton that. day 1 o,oOo.Ooo
more ekgs were in storage than 1t the
saine tim eSlast. year; export demands
were hundreds Of Thousands * cases
less for the year. and prices were s
Icents Z dozen higher. More eggs, less
demand, higher prices! It Is true that
egg gamblers paid higher farm prices
last spring and summer, averaging
from 10 to 80 cents q dozen. Add to
ithAt s cents for cost ID storing. etc.
and what the profit would be- on;
dollar eggs And dollar & 6 would
have come II the president hadn't,
stepped In!
Every year hundreds Of mifionss Of
egss have been held In storage Until.
they wore unhts for use. held be-
calss holding meant higher prices tor.
what were relea1ed.
FoodngArnblers never winsvvhen the
supplYs permitted to meet the do
mand. Fkey reap millions whom . por-
ton Of 1.-THE product u held on the
market. IA warehouses oradumpsd 8
waste 81
= W. u prsyspt This more than,
anything slso that the president
iclampsA thu licens6 lid On food hand.
l0r2.SHe hopps 70 enforceltho unwrat-
sltenslnW Of supply and demand While
thisswilispreyen price manipulation "a.
Aslargo extent and viii md sshoardine
1870 " will not make food cheaper.
than II n0wsiG But II will k1sp prices
HzNNtNlG TEaE.flt.gArEaK