The Richmond Virginian. (Richmond, Va.) 1910-1920, 1917-08-13

n any event. under the advantages OF
I loanine the plan. none are likely to
sand out.
I'm substitution OF the broken
Down marketing machinery. the FOOD
administration proposes TO opet
agencies for the purchase OF all wheat
~ the principal terminals. carry
me- on it's transactions with the usual
dealers. and is prepared TO take the
whole harvest, IL necessary, in order
60 maintain a fair price. II Will re-
cell wheat for export in such quaint
dies as we can afford TO part with
IN protection of our own people on
one hand and to sell on the other
"a the millers for domestic consun'p-
zion. The administration will make
no charges. except normal percent
are. TO cover costs of operation ana
arrangements will be made whIch
will assure the government against
loss -,
SIN order that nothing SHAH ne
left to mischarre we are settlhk Ny
4 properly constituted and iraepenu,
ent auditing committee which W.
check all transactions AT every point
Committee TO Determine Price'
The food administration uhoer
these Arrangements would nave
large influence in eTecting the price
=, wheat with view. 70 deter
mining a fair price. the president mas
.nnroreA the appointment a. COM
,,,,.ee 70 he selected from representa-
tives Of the producing sections ~"
consuming elements in communities
This committee Will be assem- tiea
onaer the chairmanship of PresIoent
GARFIELD. Of williams college ana
will be the duty OF TINS COMMIT
to determine a fair price lor thr
..a,- harvest Tpon the determine
ttcr ~ this fair basis II is the IN
,.,t,on Of the food administration -
,,.. evstv authority given IT under
the hill and the control ~ exnorts 70
.r,ec+ the untversslifv 81 this falr
hsxss throughout the whole OF the
,ar- harvest wear without change OF
eurtustion II should thus he clear
that " will not he 70 the aoNAhtNte
~ anv producer 70 hold hack ms
grain in anticipation 81 further az
vance. for he will do SO oniN ~ il's
own cost Of storage and interest am
~ II ts necessary for the SoNerhHhen
to buy the entire wheat harvest IN
order TO maintain TINS 'aF pre-
nroteetion Of the producer we intend
to do so
Furthermore" declares Nj.
Hoover. the holding Of wheat or
f,our contracts ny persons not en-
"a red I'm the trade. and. even when IN
trade. in larger quantities than Is
necessarv fer the ordinary course OF
their business, is unlavful under the
ART ard such cases VIII ne nroseru-
ted with viror and We would aoNlse
such holders ~ liquiAate their con-
tracts at once
THE universal end.%vor over the
= tr,r~
r1naes Nr Hoover of wheat bread
.,n~s that We may have the requisite
exports with which TO carry the al
lies over the forthcoming winter, Will
resu,t In largely increased amount
~ wheat ava liable for exrort, II IL
vere exported as wheat. il would re-
suit In diminution Of employment IN
our mills and. Of equal importance
eurtatlment Of supnlv-of mill feed for
our dairy cattle Therefore. the food
administration will s'ipulate for
large proportion Of export of nour
instead of wheat and as the export
orders for -four will be given subject
n the apnroval Of the food admin
sstratten those mills which cooperate
with the food administration will be
given the benefit Of the exports en-
rlovrnent By thus encouraging the
home production Of -four the manu-
featuring cost will he reduced and
therefore, the American public Will
receive indirect benent In lowered
margins of cost in distribution
Mr. Hoover makes the concluding
reflection that II must be evident 70
all thinking peonle that unless the
price Of wheat. -four and bread can
re reduced materially the country
cannot exnect TO maintain the present
-aee scale ard that II must lose eff
AGENCY AZ time Il cannot AFFORD
uch a sacrifice.