Norwich bulletin., 1917-08-16
PREPARED TO TAKE OVER
 ENTIRE 1917 WHAT CROP
If Necessary to Stabilize Prices
 Throughout the Year.

Washington. Aug. 15.-The food ad- ninistration prepared today to take
 over the entire 1917 wheat crop if
 necessary to stabilize prices through out the year. It formed a fifty mil lion dollar corporation, with all of the stock held by the federal government, to buy and sell wheat at the principal terminals.
 The move was the first of a series to be taken to reduce the price of bread Millers already have agreed to put themselves under voluntary regulations and are working out with the food administration a differential of profits. Distribution of flour by wholesalers and the baking of bread will be taken up next.
 The hope of the food administration is to establish a scale of prices from the farm to the grocery store. elimi- hating undue profits and ending spec ulation. The maintenance of stand ard price for wheat. its officials be- lieve, is the first and most necessary step.
 The wheat corporation will be put under the administrations grain di- vision. Its chairman will be Herbert c. Hoover and it's president Julius Barnes, a Duluth exporter. now serv- administration. The price fixing com- mittee will be headed by President Garfield, of Williams College, and will comprise twelve members, represent ing producers and consumers. The wheat corporation will handle all allied grain purchases and will do the buying for the American gov
 ernment. If found advisable, if also
 will serve as broker for the milling interests, purchas sing wheat for the
 flour mills to keep the market steady.
 The allies will be required to pur- chase four instead of wheat on the theory that manufacturing costs will
 be reduced and American industry
 All of the grain men who are taken into the food administra tion's grain
 division will disassociate themselves
 from business interests and will give their entire time to the government without remuneration.
 Authority fp license grain eleva-
 tors and milling concerns was given
 formally to the food administration
 today in a proclamation by President
 Wilson. MT. Hoover hopes that op-
 eration of the licensing system will
 make unnecessary any extensive gov
 ernment purchase of wheat except for
 the government itself and for the al
 lies.
 More than 100 representatives of
 boards of exchanges and elevator
 systems came to Washington today
 for a conference with officials on the
 governments plans. A resolution adopted by the conference reads:
 Realizing that the operation of
 government control in wheats and rye Is essential under present war 1T tluences in order to adequately pro- tect our home supply and furnish our allies with the aid we owe, and real izing that the establishment of an ef- ficient government plan of operation means to all of us curtailment of our business and to some Of us actual re- tirement from active business during such period, we do express our pride in the character of service rendered by the grain trade in the sacrifice by these men of ability who are placing their experience and energy at the service of the government and we ap- prove the general plan of operation as explained to us as sound. workable and necessary and in it's general lines it appears to us as being the most efficient and just plan of operation which we can conceive"
 Representatives of the milers also met here today and named a commit tee to serve with the food administra- tion in drawing up and enforcing the regulations governing flour manpfac- lure.
 No plans have been made for grain purchases by neutral countries, all though it is likely all will be required to buy through the food administra- tion. This will give the government a close check on purchases and will aid the exports council, to which ap- plications for grain exports must be submitted. Just now no food of any character is leaving the United States for European neutral countries, but some will be permitted to go as soon as the countries concerned have SUD- piled full data as to their needs.