The Daily Missoulian. [volume] (Missoula, Mont.) 1904-1961, 1917-08-13

ecnscs will be prepared this week.
while farmers cooperative cieva-
tors are excepted by the food bill.
this. however, only applies to mutual
concerns and not to stock companies
and in any event, under the advan-
tagcs Of joining the plan, none arc
likely to stand out.
In substitution of the broken down
marketing machinery the food admin
istration proposes to open agencies for
tn. purchase of all wheat at the prin-
eiral terminals carrying on its trans
actions with the usual dealers, and is
prepared TO take the whole harvest if
necessary in order to maintain a fair
price and will resell wheat for export
III such quantities as we can afford
to part with in protection of our own
people on one hand and to sell on the
ether to the miliers for domestic con-
sumption. The administration will
make no charge except a nominal per-
,tnta-e 10 cover cost of the operation
and arrangements will be made which
viii assure the government against
loss.
In order that nothing shall be left
Ia nischarge we are setting up a prop
.giy constituted and Independent au-
citing committee which will check ali
transactions at every point.
Committee to Fix Price.
The food administration und
tfscse arrangements would have large
Influence i'll effectinc the price OF
Wheat. With a View TO determining
fair price the president has approved
TIE appointment of a committee to be
selected nom representatives of the
producing sections and consuming ele-
n4cnts in communities This commit
tee VIII bs assembled under the
Craftsmanship of President Garfield of
Williams college and it vii! be the
laty OF this committee to determine a
tair price fol. the 1917 harvest. Upon
the determination of this fair basis, il
is the intention OF the food admins
tration TO use every authority given
i. 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 change
q fluctuation.
II should thus be clear that il will
not be TO the advantage OF any pro-
ducer to hold back his grain in an
tcipation Of further advance for he
Will do 50 only at his own cost OF
storage and interest, and il il is nece>-
stry for the government to buy the
entire wheat harvest in order to main
TEN this fair price in protection OF
thu producer We intend to do So
Furthermore. the holding Of wheat
OF flour contracts by persons not en-
gagged in the trade, and even when in
trade, for larger quantities than Is
necessary for the ordinary course OF
their business. is unlawful under the
act. and such cases will be prosecuted
with Vigor, anG We would advise such
holders to iquidatc their contracts at
once.
Will Stabilize All Prices.
by the above Arrangement, we be
leVc that we shall stabilize the price
ot wheat throughout the year. that
the hazards of operations due to fIuc-
tuating prices. which are imposed
imposed upon our milling and dis
t,ibnting community will be eliminated
and therefore their business can re
turn to the normal output and the
normal margins Of profit and that ".
shall not only have stabilized the pric,
O. wheat, but stabilized the price OF
flour, and that it should enable us /,
arrive at stabilized price of bread.
The food administration has hat
tn" patriotic cooperation OF the lead,
ing millers of the country and these
mlil"rs have organized, at the rcqucs
OF the food administration a commit
tee to represent the entire trade.
To Agree on Profit.
Detailed proposals for an agreed
difcrcntial of profit and expenses PEI
barrel OF flour and per ton of fcoC
are und"r disc usslun. Under this ar.
rangemcut the public will be assurcc
an equitable and stabilized price o
Hour based upon the cost of raw ma,
ttrial and we confidently expect tn,
Volunteer arrangement with the mill.
VIII give satisfaction to the public.
Reduction Of Consumption to Help.
The universal cndeaNor over III.
country to reduce CONSUMPTION o
wheat breadStuIfs in order that ",
may have the requisite exports Will
which to carry the allies over tn,
forthcoming winter will result in
largely increased amount Of wh,H
available for export. If it were eX
ported as wheat. ii Would result il
dlminutiOn of employment in on
mills and, OF equal Importance, cur
tallment Of supply of mill feed for GU
dairy attic. Therefore, The food ait
hiniStlation Will stipuIatr for Iurg
proportion of export flour instead o
wheat and as the export orders flo
-four VIII be given subject to the ar
prevail of the food administration
those mills who Cooperate with tn
administration viii be given the benz
III or the exports employment Is
'hus ENCOURAGING tn. home productio
81 luul I'll" manufacturing cost vi
/" reduced ami there fore the America
public viii receive indirect benefit /
lowering margins of cost in distrbu
ton.
In ace Urllanc" with the policy ,
III" admins ration to fu-UperHtr wit
III trades We are TN, week also dis
rrSSing details OF voluntary alTang,
ments with the flour distributors l.
v hich agreed maximum differuntia