Tulsa daily world. [volume] (Tulsa, Indian Territory [Okla.]) 1905-1919, 1918-05-01
Might Rave Cunc to $50 RirCl
Instead uf SIn.5U. pc,hrC-
Administrator uuuNrr.
TALKS TO GRAIN OFFICIALS
Docs Not Blame nigh price uf last
May un Dealers, Hut Nttrihutcs
IL Ia Allies Nrcd.
HARvESTS LOOK PROMISING
Indications Are for Plenty for Amer
lea aud Allies, spirit uf
Sacrifice Praised.

NEW YORK. Nprl go Ar tho
government had allowed the com-
merCe In wheat ia take its uuiraW-
mellcd course flour would hu Hcllr
ing at the mlll door today for $50 to
$50 barrel instead ot $40 To- Slu.a0
and probably "itotIng would have
hycn experienced la ccntnrH ~ con
erstcd population. Of n violence that
leads to blood u uur cutters dc.
clnrcd Herbert Hoover frdorm food
administrator iu AN address her, iu.
day
Mr.. Hoover spoke ~ a conference
OF 100 representative American grain
dealers and officials of the foodatd
ministration's grain division cfll"d
to discuss grain exports and regulh-
ton Of cereal consumption In THIS
country
Asserting that when flour went 10
8l6.76 barrel at tho min door last
May and resulting hnrdshlps disln-
Gated our entire economic life. Mr..
Hoover said he did not accuse the
grain trade of having been respon-
sible Tor the situation, but rather
blamed the fact that the allies had
10 have wheat and were prepared TO
pay any price for &C.
"A series OF speculHtiuns sprAnE
up that were deplorablc beyond
words" he said. "but only a micro
scoplo portion OF this speculation
was OF deliberate or vicious nature.
There waS no concerted mBnipuln
ton, There wns "A total disturbance
to the law of supply and demand. r
Corn Difficult Ia ship. = 4
Taking up the question OF why the
allies cannot use more corn and leave
the wheat for Am orleans, Mr. Hoover
Fnid that corn was shortlived aud
difficult to ship m the terminating
season and that tho allies with lit
tle equipment Tor home baking are
ignorant Of the Hrt ~ making corn
bread lie added that while tho
United States N now exporting 30
per cent Of it's mill output. the allies
have done their part by reducing
their cereal consumption 30 per
cent to provide America with ships
for more soldiers.
II price levels had been allowed
to rise without restraint. the poor
would have paid IN suffering and
tho rich inprice he said, adding that
"Auy repetition vf' rising price feveTa
such as those Of the igt6-19i7 har-
vest year would have meant an enor-
nous profit 10 the middlcman and
would have inspired the foundation
OF social discomfort from this reason
alone, II no other"
Therefore. he said tho government
had placed reduction In consumption
on voluntary basis.
Americans Self Sacrificing.
II do not believe there Is another
nation In the world In which the
proportion OF individuals Of 40 will
ing a sense Of voluntary self-sncrl-
flee II No. high az this people Of ours
and nothing has demonstrated II
more finely than the conservation
Of wheat" he aaid. To-day there IL
no suffering In the United States and
We are actually shipping 80 per cent
of our monthly mill output to the
allies
AT the present moment our crop
prospects look anything from 500
100000 to 100000 900 bushels Of
wheat The haryerts OF the allies
also look promising with this
prospect we now have ground for
hopes of plenty for ourselves and
our allies and instead Of famine we
can look forward 10 an entirely DIR
ferent economic situation this year
from that which confronted nv in
Q Eta. araaN II