The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1918-02-24
PRESIDENT FIXES
PRICES Of WHEAT
FOR YEAR 1918

proclamation fixing the price OF
wheat in the primary markets OF the
I country at from 50 to $2.2s bushel.
This applies to the 1918 crop.
II figures out approximately
cents a busheI lower than the pre-
vaIlInE average price OF $3.50
bushel set by the Government. but is
so graduated that there VIII be a
somewhat greater margin OF prott In
some markets and only slight de-
cline in others.
ForestaIIs Efforts.
President wilson's action forestalls
efforts now being made in three d.
rections. in Congress to boost the
price of wheat for the farmers to
from $3.50 to S2T5 a bushel. Con-
gressfonaI amendments putting
higher price on the wheat for the
farmers. IL Is pointed out by the 1000
administration officials, could nave
| but one effect--create a tendency
among the farmers to hold up their
present stocks for the higher price
to come. thereby causing q panic ana
alarmingiy delaying shipments TO the
allies.
/ w eANN'
authority OF war emergency encour-
aging production and conservation
OF food supplies. says in his procla-
nation:
Emergency ExistH.
Now. therefore, I. Woodrow VIII
son. President Of the United States
by virtue Of the powers conferred
upon me by said act OF Congress. do
hereby find that an emergency exists
requiring stimulation OF the produc-
ton of wheat. and that 1t lie essential
that the producers OF wheat produced
within the United States shall have
the benefits OF the guarantee pro-
vided for in said section: and. in or
der to make effective the guarantee
by Congress for the crop OF 1918
and to assure such producers req
sonable profit, do hereby determine
and fix. and give public notice OF rea-
sonable guaranteed prices for NO.
Northern spring wheat and Its equiv
alent at the respective principal pri-
mary markets as follows. TO Wit:
Prices In Cities.
Chicago, Ill, S2.20 a bushel; oma-
ha. Neb., sails: Kansas CITY, MO-
s2.l5; st. Louis, Mo-. S2.1s: Minneap-
oils, Mimi, S2.l7: Duluth, Mimi, s2l7' !
New York. n. Y. S2.2s; Philadelphia
Pa. |2.27; Baltimore, Nd, S2.2I; New
port News. Va, 1927; Charleston, 5.
c., S2.2T; Savannah, Ga, 1927; Port
land, Ore, 32.O5; Seattle, TRsh.. j2.05'
San Francisco, Cal, S2.lO; Los An
Reles, Cal, S2.1O; Galveston, Tex.
81. 20; New Orleans, La, S2.20; Salt
Lake City, Utah, 81: Great Falls.
Mont, So: Spokane. Wash, 81; Poca-
tello. Idaho, 81; Fort Worth. Tex,
S2.Os; Oklahoma City. Okla, S2.05, and
Wichita. Kan, S2.0S. and that the
guaranteed price for the other grades
established under the United States
grain standards act, approved August
l.. 1916, based on said price for No.
Northern spring wheat at the respec-
tivs principal primary markets Of the
United States above mentioned will
assure the producers OF wheat pro
duced within the United States a rea-
sonable profit. the guaranteed prices
In the principal primary markets
above mentioned being fixed by adopt
ing No. ! Northern spring wheat or
It's equivalent at the principal interior
markets as the basis.
Grade of Wheat.
For the purposes OF such guaranty
only. hereby fix the guaranteed prices
at the respective principal primary mar
kets above mentioned for the following
grades of wheat. to wit: No. l. Northern
spring, No. l hard winter. No. red
winter. No. l durum. No. l hard white
Tie guaranteed prices at the respective
principal primary markets aforesaid OF
all other grades Of wheat established
under the United States grain standards
act shall be based on the above guar
anteed prices and bear just relation
thereto.
The sums thus determined and fixed
are guarante by the Government OF
the United States at the respective
principal primary markets OF the United
States above mentioned, to every pro-
Queer Of wheat OF any grade so estab-
lished under the United States grain
standards act, upon the condition that
said wheat Is harvested in the United
States during the year 1918 and offered
for sale before the first day OF June.
1919, to such agent or employee Of the
United States. or other person as may
be hereafter designated. at any one OF
the aforementioned cities. which are.
for the purposes OF this act, hereby de
clared to be the principal primary mar
kets OF the United States. and pro-
vided that such producer complies with
all regulations which may be hereafter
promulgated in regard TO said guaranty
by the President OF the United States"
Reasonable Pront.
Explaining that the fixed price guar
antees the farmer a reasonable profit
President Wilson. in a further state
ment says:
THE guaranteed price assures the
farmer OF a reasonable profit, even
il the war should end within the year
and the large stores OF grain in those
sections Of the world that are now
cut OF from transportation should
again come into competition with his
products. To increase the price of
wheat above the present figure. or to
agitate any increase OF price. would
have the effect of very seriously
hampering the large operations OF the
nation and OF the allies by causing
the wheat OF last years crop to be
withheld from the market. 1t would.
moreover, disloCate all the present
wage levels that have been estRb-
lished after much anxious discussion
and would, therefore. create an indus
trial unrest which would be harmful
to every industry In the country.
Il know the spirit Of our farmers
81.