The sun. [volume] (New York [N.Y.]) 1916-1920, 1919-02-02
ACTION BLOCKED ON
WHEAT GUARANTY
Representative Stevenson Al
leges Effort Is Being Made
at Reputation.
QUOTES BROKERS' LETTER
Chairman Lever Says Agrictl-
tural Committee Soon Will
Report Price Bill.
spccial Despotch 10 Tsr Sux.

Special Despatch 10 Tss SuS.
WARRINGTON, Feb. IAN attempt by
Representative Stevenson (Minn.) to
force early Congregational action con-
t'nuing tho present guaranty price Of
wheat was blocked in the House to-day
after a short debate which brought forth
statement from Chairman Lever Of the
House Agricultural Committee that the
price fixing bill shortly would be brought
up in the House.
Mr.. STEVENSON moved that the COM
mittee be discharged from consideration
Of his resolution calling upon the Presi-
dent to furnish Congress with informa-
ton as to what steps the Food Admin
istration was taking toward continuing
the present wheat prices. The motion
was defeated upon the announcement
by Mr.. Lever that the matter would be
taken up next week.
The people are getting nervous" said
Mr.. STEVENSON, ''as to what will become
OF the Presidents guarantee for 1919
There is nothing in the agricultural bill
covering 1t and we have no informa-
ton as to what Is going to be done to
Information 30 Congress can take action
TO make the legislation effective.
Cites . Market Letter.
That there are powerful interests
back OF an effort at reputation Ia in
dicated by the market letter of Henry
Clews & Co., New York, dated January
. 1919. an extract from which reads
as follows:
Now that the war ia over Congress
should repeal the law which guaranteed
the farmers sass per bushel for their
wheat: at least on the spring wheat not
yet sown.'
mo class OF people have been so loud
and persistent In their denuncistion Of
reputation Of contracts and treaties N
the financial press, but here is a leading
authority that openly advocates the re-
pudiation Of tho guarantee.
Properly managed. I do not think
uts guarantee would involve any ey-
penditurs at all. but II It 10 buncoed. IL
the head Of the Administration neglects
10 take steps now. il the Food Admins
tration neglects TO provide for it, 1t will
he In the clutches OF the spectators and
wheat gamblers. and We cannot tell how
much they will bleed the Government.
But II We take proper steps by legisla
ton in connection with the powers that
the Food Administration now has and
which will he continued. I believe this
guarantee VIII be carried out without
any loss TO the Treasury whatever.
Takes . Fling mt Wilson.
'Of course II the leader OF the dori-
nant party in the United States Is alb
sentipg himself from the country and
neglecting the affairs OF our country and
looking after others. our farmers in the
Northwest may be facing n condition Of
population"
Mr.. Lever directed attention tn the
ract that tho Commirtse on Agriculture
IS going to take up the matter next
week in detail.
THE gentleman from Minnesota, he
said. wants an opportunity to abuse
the President because he is over in Eu-
rope trying to save bad situation.
THE Committee on Agriculture has
been called to meet on Monday to hear
the various interests about suggested
plans and to hear MIR, Barnes. the head
Of the grain corporation, and we hope
by the latter part of next week TO be
able to present TO Congress such legis-
lation as Is necessary to carry out the
good faith OF the Governments guaran-
Tee to the wheat farmers OF the coun-
srv"