The Kendrick gazette. [volume] (Kendrick, Idaho) 1892-1968, 1919-01-24
MAKE WHEAT PRICE
GUARANTYFOR 1919
SECRETARY HOUSTON MAKES A
REPORT TO THE HOUSE
OF CONGRESS.
INFORMATION OF VALUE GIVEN
Every Producer Of Wheat Will Be
Protected at the Price Fixed by
the Government-Outiook for
Present Year Is Good.

SuC SOVSu OBSERVATION-DISCLOSURES TOT
Present Year Is Good.
The memorandum" prepared by
the agricultural department and the
food administration with regard to
making effective the wheat price guar
anty for the 1919 crop, and presented,
at the suggestion of the president by
Secretary Houston to Hon. A. F. Le-
yer of the house of representatives,
| contains not only the plans of the
government for accomplishing this
great undertaking but also much in
teresting information as to the pres
ent and probable future status of
the wheat trade.
The lengthy document, or "memor-
andum," as it is called, reviews the
passage of the food control act ap-
proved August 10, 1917, the wheat pro-
visions therein, the appropriation of
150,000,000 for the purpose of the
act, the order of August IA, 1917, pro-
viding for the incorporation of the
Food Administration Grain corpora
ton with capital of $50,00O,0O0, aft
erwards increased to $15O,0O0,OO0, ito
of wheat" the orders of February 81,
1918, and June II, 1918, making effect
i've a basic price of 1920 at Chicago
for the crop of 1918, which was later
increased to 1925 in view of the in
crease in freight rates, and the presi-
dents proclamation of September q,
1918, fixing the guaranteed price of
$2.26 at Chicago for the crop of 1919.
The memorandum continues:
The United States Food Admins
tration Grain corporation has under
taken Ito carry out and make effect
i've" the guaranteed price of wheat
of the crop of 1918, and with its cap
ital of $3.50, 100000, and its credit, COM
bined with the export demand for
wheat up to this time, the grain cor
poration has been able so far to main
tain, in its integrity. the guaranteed
price of wheat of the crop of 1918.
The crop of wheat of the harvest of
, 1918 is estimated to be 917,100,0O0
J bushels, and this resulted from the
planting of 42,301,000 acres of winter
wheat and 22,406,000 acres Of spring
wheat, or a total of 64,707, 900 acres.
} Up to the first day of November,
1918, there had been movement of
$50, 100000 bushels from the farms,
and of this amount there was then in
storage in elevators, mills, and ter
minals, 2S7,000,00O bushels. On No.
vember 20, the total movement from
the farms amounted to 588,000,0 900
bushels, leaving a balance of the crop
. of about 32S,0O0,000 bushels yet to be
moved from the farms, and on the
same day there were 254,000, 900 bush.
els in elevators, mills and terminals,
so that it will be observed that there
: is very large amount of the 1918
crop yet to be moved from the farms
and it will take all the resources OF
the grain corporation and the most
careful attention to every detail to
carry out the guaranteed price OF
wheat of the crop of 1918, made by
the executive proclamation under the
authority of the act of congress-. In
fact, IL the export demand for the
wheat Of the 1918 crop should dimin
ish. it is possible that in order tc
maintain the guaranteed price 1t may
be necessary that there be a further
!, appropriation by congress. On the
other hand, IL the demand for wheat
,, for export should continue, 1t is hoped
that ON the first day Of June. 1919
the grain corporation may have beer
9 able to carry out the obligations o.
a the United States as to the crop o.
I 1918 without impairing its capital O
$150,O00. 900.
Wheat cropsof 1919.
l. The carrying out of the guaranteed
: price of wheat harvested in tn
r United States during the year 1911!
l. and offered for sale before the frs
d day of June, 1920" fixed by the presl
?. dents proclamation of September
n 1918, in pursuance of the direction o
the act of congress of August 10, 1917
r presents much more difficult situa
l. ton, of which congress should be ad
e vised, and such agencies should b.
d created and appropriations made, b,
n congress, as will insure the carrying
<, out of the guaranteed price ITO ever
producer of wheat" in its integrity
We therefore deem it advisable to cal
the attention Of congress to the situa
ar ton, as it appears at present.
a 1. The number of acres of whea
N planted for the 1918 crop was as TO
m lows:
t. Winter wheat ......42, 301 900 acre
IN Spring wheat ................22, 406, 900 acre
Total "a. 7O7. 900 acre
However, of the winter wheat plan
n ed about 5000 900 acres were abaI