Tulsa daily world. [volume] (Tulsa, Indian Territory [Okla.]) 1905-1919, 1919-02-16
Tulsa Baker Attends Session
TO Discuss Solution OF
1913 Wheat Price.
COSTS U. S. sI,25O,0OO, 900
This Is Difference Between
Guaranteed Price Of
S2.26 and Value.

g T. IAhman. secretary Treasurer
~ tho Middle West lirltinE company
/ Tulsa, huH rolutnod from Washing
ton, i . whoto aH a representative
~ IN. llonal Ansociation ~ the
| liaklng 'uHtry hn appeared before
tho agricultural committee ~ tho
lower house of congress NJ hearing
On hlll regulating the marketing uf
/ tho 1919 wheat crop
MiiIerH. grain dealers ana bakers
/ from every part ~ the United states
we're present nj this hearing and
thoto was "a liberal exchange Of
views from all angles, Mr.. lahman
SAYS
In August ~ last year. before the
| ending ~ tho war and ~ n time
when tho farmers were beginning to
arthng. for planting the crop Of
wheat which will be harvested ncSt
summer, congress In order 10 en-
courngc n maximum acreage ~
wheat, guaranteed tn the farmer %
price of t226. Chicago delivery This
price will he maintained notwith-
standing tho suspension ~ hnatllllles
which releases shipping aud makes
available tho large HurpluEeH ~
wheat which have accumulated In
Australia and Argentina and tho
prospects of n record crop In this
country. factora whirh necessarily
tend to depreciatc tho world price of
wheat
Government "a Ihar Ioas.
The purpose OF the hill which Il
being formed by tho house ngricul-
tural committee, and which will soon
be introduced, In 10 provide means
IA tAA AlTf.e...a. Lat
tho price of e3.26, which has been
guaranteed for the new crop. and the
pricc on the open markets of tho
world. which experts aay will be
something around tis5 a bu.hei.
At the hearing there were some,
Mr.. IAhman said. who proposed that
the farmers OF this country be given
q bonus OF "a bushci and be al
lowed TO sell THAR wheat on tho ofsn
market This plan was not Eener-
ally favored Tho prevaiiiSg opinion
seemed 20 he that tho government
should settle with tho producer ON
tho basis OF the actual differences ho-
tween tho guaranteed prioo and tho
prioe At which tho whent 10 sold In
tho open market. Mr.. IAhman be-
lieves that this plan will be provided
In tho bill whom u 10 reported by the
agricultural committee.
Muat Appropriate 81 $40. .0OO. .OO0.
III IN estimated that this will mako
necessary the appropriation by con.
Grcss Of ei.abo. .00o. 900, or 90 much
as II necessary." said Mr. Lahman,
"this sum probably being tho differ
ence between what will bc tho world
ufice of Americas wheat and tho
price fixed by the government for
the 1879 crop before tho signing OF
the Armistice."
In this country, Mr., rahman said.
there 70 prospect for tho largest crop
ever harvested. There 10 a shortage
Of wheat In certain parts OF Europe.
but these markets will partly be sup.
plicd from the overlooking stocks In
South America and the antipodss.
Tho fiHinG Of q price on the 1919
crop kept prices In the open market
from soaring beyond reason, because
there was n shortage Of wheat and
was difficult The
fixing OF q price this year will not
prevent the world market price from
70 Hing to u natural level, but II will
protect tho American farmer who re-
spondsd TO the governments war de-