South Bend news-times. (South Bend, Ind.) 1913-1938, 1918-02-24
WILSON RAISES
WHEAT PRICE
FORl9l8CROP
President Takes Action to
Stimulate PrOduCtiOn-De-
CIareS Farmer Will Reap
Reasonable Profit.
Associated Press Service

Associated Press Service
WASHINGTON. Feb. 2a.-Pres't
Wilson today raised the government
guaranteed price for the 1915 wheat
crop as high as sass a 5ushel in
one primary market. and in varying
, sums i'm all other primary markets
except flour. The Chicago price was
put at $2.2O.
Acting under authority OF the
food law. the president thus met
the agitation in congress for higher
prices and took steps 10 stimulase &c
production and prevent holding
back the crop while the agitation
was COINS on. The prices fixed. the
president declared. would assure
the producer of "a reasonable profit.
on the tasis of 40 i. northern
spring wheat and its equivalents,
the president fixed the prices as
follows.
Chicago. $2.20; Omaha, sails;
Kansas City, S215. ST Louis, $2.1S;
Minneapolis. $2I7: Duluth. S2.17;
New York &2.28; Philadelphia,
S2.21. Baltimore. $221, New Port
B.
savannah. S227: Portland. ore.
$2.05; seattle, SECS; San Francisco.
&2.1O; Los Angeles. $21O; Calves
ton. S2.2O. New Orleans. S2.2O; salt
Lake City. 50; Great Falls, Mont,
50. Spokane. Wash. 50: PocatellO.
Idaho, g, Fort Worth. Tex, $500;
oklahoma City. $2.O5 Wichita
Kas.. S2-oS.
The equivalents of No. / northern
TO which the same price applies are
so. / hard winter; no. I red win
ter: No. 1 Durum. and No I hard
white. The wheat must be harvest
cd iu the United States during 1913
and sold ip the market before June
Z. 1919.
To Stimulate Production
The presidents proclamation
states that the action is 10 meet
am emergency requiring the stimu-
lation Of wheat planting.
Iu statement accompanying his
proclamation. the president said.
Under the food control act OF
August 10. 1917. it is my duty 10 an
pounce guaranteed price for
wheat Of tho 1918 harvest. 7 am,
therefore. issuing a proclamation
setting the price AT the principal in
terror primary markets 10 makes
no essential alteration i'm the pres
emit guarantee. TO is continuation
of the present prices of wheat, with
some adjustments arising from the
designation ~ additional terminal
marketinS points.
This guaranteed price assures
the farmer Of a reasonable profit
oven II the war should end within
the year and the large stores oi
grain in those sections Of the wort
that are now cut of from transpor-
tation should again come into com
petition with his products To I'm
crease the price of wheat above the
. present figure. or 90 agitate any ln-
crease Of price. would have the ef-
feet 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 To would more
over dislocate all the present wage
levels that have been established
after much anxious discussion and
would therefore create am industrial
unrest which would he harmful tC
every industry i'm the country.
Believes Farmers loyal
.T know the spirit of our farm
crs and have not the least doubt rs
20 the LOYALTY with which they WIZ
accept the present decision. The
fan wheat planting which furnishes
two-thirds or our wheat production
took place with no other assurance
than this and the farmers conn
dence was demonstrated hy the fact
that they planted an acreage 'aresr
than the record OF any precedina
year. larger by two million acre,
than the second largest record year
and seven million acres more than
the average for the final years be-
fore the outbreak OF the Europea
war
"Tt seems not 90 be generally u0-
derstood why wheat is picked ont
Tor price determination and Oui'
wheat. among the cereals. The am
swer is that. while normal disJrih TO-
tiou OF all our farm products IN.
been subject To creat disturbance,
during the last three years because
of war conditions only two commo5-
titles namely wheat and sugar
have been so seriously affected as "a
require governmental Intervention.
The disturbances which affect
these products tand Others iu les.
deCrees arise from the f8ct that ~
~ the overseas shipping in the
world is row under government con.
troll and that the government D..
Obliged % assign tonnage Co en- 90
CcoNTINUED on PAGE THREE.