The Sneedville news. (Sneedville, Tenn.) 191?-19??, 1918-09-20
PROTECTS AGAINST
THE SPECTATORS
PRICE OF s2.zo FOR WHEAT NOT
INTENDED TO pr. BE FARMERS
WITH DREAMS OF WEALTH.
NOW is TIME FOR SERVICE
James l. Finney, Assistant Federal
Food Adm, n strator Of Tennessee,
Addresses Farners' conven-
ton Of West Tennessee.

|
Jackson. Tenn.-Be'o-e the Farm
srs' Convention OF west Tennessee
James 1. filney.. Assistant Federal
:, Food Administrator of Tennessee
made an earnest. and eloquent defense
OF the Food Administration. declaring
hat its achye7ement In turning fooo
deficft into food surplus was. to date.
Americas greatest contribution to the
cause of democracy and humanity. Mr..
Fmney spoke. In part, ss follows:
The price o. wnsat was fixed at
1920 not to bride the farmers OF this
nation with dreams OF wealth or to
sadate their avar.ceus appet:tss fer
gain. but II was fixed at that price be-
Cause 1t was belle sed that IL would
guarantee them protection against the
speculator and would at least insure
them fair return Tor Their expendi-
turc OF braia and Drawn and capital.
while at the same time giving bread.
the great staff of life. to the millions
or workers who are not producers of
food. hut Whole effsrts in the nations
behalf are absolutely essential for Its
existence. The Food Administration
has sought to deal fairly and justly
between the farmers and the colsum-
2rsa IL has denied, and ! deny with
Ill the emphasis at my comm nd. that
the farmers Of America ask special ia
yors OF the govern nent; they would
DO the first TO resent the imputation.
furthermore In order to meet the
,x'gencies OF our allies there has been
.rrso,; 'Gfaa into one buying agency
rs rrrohgs.- power for 12o.c00,o00
81 ps2ple, y. eIcp onon never before
w.tl sssed IN ,l.s ertirs economlc L.s-
tory OF the world. 'or II was obvious
that with 4 shortage Of shipping and
. rationlag system In effect through
cut these nations II would not do to
trust the purchasing to tho ordinary
agencies OF trada We have furnished
during the past year half OF tho food
that has beer consumed by 10000. 900
s-e,-.-~ In addition. We have had TO
concentrate in one agency the pur-
thnge OF food supplies for from 5000
90 to S,ooe 20 m.n undep0rms. II
IA not be otherwise. I'd I IL un-
nhasis that one :gency VI the gov
nent wouid he permitted TO 20 into
markets and BIZ for the same com.
bdities In opposition to the other
benches OF tho ssre government. II
also eq;rz'ly rnlhinkable that we
Loud bid agsire. our allie when. as
De president has yell salt We mus;
tat at q coruon table
"Ths.efore. that shese buying agsn- |
cies might not become rivals and get |
int each other's way, II has been !
necessary TO consolidate them under
bne control Fsrca IN the final an,ly. |
sis. we found curse yes with this most |
gigantic monopoly IN buying and nee
essarily with tho power either TO make
or tremendously influence prices.
1T h true that Z is Price fixing
ndaer manner ne.er before contem.
plated In the economic history OF the
world. and necessarily all our old the
sfiss Of price fixins through the ope.
ration Of the anc.e Il law OF supply
and demand had to co the gay OF all
flosh, at lesst during this great up
hsaval. In such situation Il was alb
ss!utely necessary that the govern.
msAt. through the robd Adminis.ra-
lion. shsuld staoilire prices AMI fire.
Quen'N exert al influence that
70 price fixing. Only the
priee Of wheat has actually heen arhi.
'rsrily fixed. but TIT price Of pork and
Indirectly many otter food coumodi.
los has bsen very greatly Influenced
,y this volume OF buying exercised
through enc asencv.
Nov. the sover- nent faced this
II cou'i have purchased
- ..AA - o. ]
sought The supplies necessary for the
lrmy and navy In total disrsgard OF
he rights OF our civilian population.
,ithsr OF the consumer or the prodrc-
IT. That would have meant that after
he governments Irs-cy had taken
are OF the needs Of the allies and orr
military establishment. than the, re-
an amount under ordinary
admittedly grossly mad.
quate. would have gone 10 the .ign.
st bidders among our civ'lian popu!s-
lon This world h.~s -,sT.-t -o-ss-va.
lon for the ri3h. q ~, ale - ~ !
he highest b,ts: n won't re man. ,
and want arops re l.ss for.
unase. and II would hive h-s.Eht .
bout such an oryT Of spac-'a''ur a. .
he world had -evs- ooH.s-N r II I
The f,ow OF food domino ';ps To- !
he producer 20 The co7sgmsT i so \
on,tle. II r. subject 10 r-sas u = I
liudes OF transpcr'a'on emf we7..er /
temporary shortages would have 1
@ dehauch Of speculation. reace n A
bsci.te Necessity ior prize gab'ii.a. a
on. We have tried 70 he ssir 70 or =
ero.c allies: wo have tried q Z rri \ Il
lem supplies az q fair and Just Price >
Q have tried % be fair to the great
asses Of our Civilian population. roth ,
Ie producer and consumer. n
ITO my mind. the achievement OF p
ie Food Adrninirtrstien Of the vnI.eI =,
Istes during fhe fist year OF its ex. :,
,ence. IN tnrn.ns a foee deficit inhc "
food surp,us. 20 date Americas q
'estest contribution 10 the cause % =
'nocracy and humanity. Althonsh. /,
you all know. crop failures we're Z
Irersi last year throughout the N
,rthsrs Hsmfsphere. America made =
e smallest wheat cop % had made 10 n
Generation fr
''Basiug our csnsunptien on the pre- y,
,r basin. - actually had Tor export "a
On cur harvest q fsiT . little ever "a
,eeecee s~sAsAs - Wheat TAAa "a