Grand Forks herald. [volume] (Grand Forks, N.D.) 1916-1955, 1917-08-13
MILLERS SAY PLAN
WILL RESULT in
COST REDUCTION
CONTINUED From Page T.,

concerns and not to stock companies.
ana IN any event under the adyant-
ages OF Joining the plan, none are
likely to stand out.
Purchasing Agencies.
In substitution Of the broken
down marketing machinery the food
administration proposes to open
agencies for the purchase Of all wheat
at the principal terminals. carrying on
lts transactions with the usual dealers
ana is prepared to take the whole
harvest II necessary in order to main
tain a fair price and will resell wheat
Ior export In such quantities as we car
our own people on one hand and to
sell on the other to the millers for
domestic consumption. The adminis-
tratlon Will make no charge except a
nominal percentage to cover cost Of
the operation and arrangements will
be made whichswill assure the govern
ment against loss A
Auditing Committee.
In order7that nothing shall be left
to mischarge we are setting up a
properly constituted and Independent
auditing committee which will check
all transactions at every point.
"The food administration under
these arrangements would have a
large influence in effecting the price
Of wheat. With q view to determin-
Ing a fair price, the president has ap-
proved the appointment of a commit
tee to be selected from representatives
Of the producing sections and con-
suming elements in community. This
committee will be assembled ) under.
the chairanship of President Garfield,
Of Williams college, and it will be the
duty of this committee to determine a
fair price. for the 1917 harvest. Upon
sfhQ HafarTn iro ffnr ne %h{o Po(- Ao.so "a
is the intention Of the food admins
Ftration TO use every authority given
it under the bill and the control Of
exports to effect the universally OF
this fair basis throughout the whole
Of the 1917 harvest year without
charge or ~ductuauoh.. NV.
Cannot Hold Back GRAIN
~""lItcshonld thus 70 clear that It will
not . to the? advantages Of any pro-
Queer 70 hold back his grain in anti
cipation Of further advance, for he
Will do so only at his own cost of
storage and interest, and If 1t is nee
essary for the government to buy the
entire wheat harvest in order to main
tain this fair price in protection Of
The producer, we intend to do SO.
No Hoarding.
Furthermore, the. holding of wheat
or -four contracts by persons not en-
gagged In the trade, and even when in
trade, in larger quantities than Is nec-
essary for the ordinary course of their
business, is unlawful under the. act,
and such cases will be prosecuted
with vigor, and we would advise such
holders to liquidate their contracts at
once.
BY the above arrangement, we be.
lieve that we shall stabilize the price
of wheat throughout the year. that
the hazards. OF operations due. to
f~uctuation of prices which are i'm
posed upon u milling and distribut-
ing community would be minimized,
= Q removed, and therefore their
volume and fixed margins of profit
and we shall not only have stabilized
the price Of wheat. but stabilized the.
price of -four and that 1t should en-
able US to arrive at a. stabilized price
of bread. -
THE food administration has had
the patriotic cooperation Of the Lead
ing miliers OF the country and these
miners nave organized at the request
OF the food administration. a commit
tee to represent the entire trade, u
May Regulate Profits.
DETAILED proposals for an agreed
d~iferential of profit and expenses per
barrel Of Hour and portion Of feed,
are under discussion under. this ar
AoA6SAAOAI IA0 5PuDllCS Will Dc SSUr0
OF an equitable and stabilized price Of.
our based upon the cost Of raw ma
tertal and we confidently expect the
volunteer arrangement with the mills
will give satisfaction to the public.
The universal endeavor over the
country to reduce consumption OF
wheat breadstuffs in order that we
may have the requisite exports with
which to carry the allies over the
forthcoming winter, will result In q
largely increased amount of wheat
for export. IL It were re-
ported az wheat. 1t would result In
Of employment in our
mills and Of ualHimportances cur
OF supply of mill feed for
our dairy cattle. Therefore, the food
administration will stipulate for q
large proportion Of export fourNif-
of wheat and as the. export orr
ders Tor -four will be given subject to-
the approval of the food administra-
ton those mill who cooperate with
the administration will be given the
benefit Of the exports employment,
BY thus encouraging the homa pro-
duction Of -four the manufacturing
cost will be reduced and therefore the
public will receive indirect.
benefit In lowering margins ofscost
and distribution.
Probe Bread Cost
In accordance with the policy OF
the observation-disclosures co-operate With
all trades. we aresthis week also dis
cussing details of voluntary aarrafga-
ments with the 1our distributors By
ii il