The daily star-mirror. (Moscow, Idaho) 1911-1939, 1919-08-06
GUARANTEED PRICE
FOR WHEAT TO HOLD
PRESIDENT WILSON AND GRAIN
ADMINISTRATION AGREE ON !.
PLAN FOR RELIEF

Will be maintained at SZ.Z6 per buShel
at Chicago with corresponding re-
auctions at points west of that place
and terminal prices on the Pacific
coast which were fixed when the
guarantee was made.
This was agreed at a meeting be-
! tween President Wilson and members
of his cabinet and julius H. Barnes
head of the grain administration, held
at Washington, D. c., Tuesday
Strong efforts were made by specula-
tors to have the United States buy
the wheat from the farmers at the
guaranteed price and sell it at a loss
| to the millers, the government stand
ing the loss, and another plan was to
have the government withdraw It's
guarantee. The agreement reached
will protect the farmers and insure
them the prices promised before the
crop was planted. This means the
same price in the west as prevailed
last year.
Reduce Flour Prices.
But the price of flour is to be re-
duced at least $1.00 per barrel, which
will make bread cheaper. Just how
this is to be done is not fully ex-
planned but the announcement is made
that flour will be sold at $40 per
barrel, which is from So to SO per
barrel less than prices prevailing
now.
Immediate steps vii be taken by
the grain corporation to sell standard
export flour in every community of
the c0untry in carload lots at price
not greater than $40 barrel, Mr..
Barnes announced. This price, he
added is lower by 81 barrel than
any price ruling during the last four
months.
Using figures described as coming
from the grain corporations own pri-
vate sources, Mr.. Barnes predicted a
bushels in the wheat production for
North America, 25O,OO0,OOO bushels
of which is in the United States, from
the June forecast, and a further
shrinkage in European wheat and rye
production of 300,O00,000 bushels |
outside Russia.
To Fight Living Cost.
President Wilson decided to adj
dress a message to congress recon-
legislation to aid in reducing
the cost of living.
Agents of the department of justice
we're ordered to ferret out all hoard
ers of necessaries and profiteers
throughout the country. They are
% be prosecuted under the food con-
,rol act.
At the conclusion of days activ-
ty by the president, the sub-commit-
ZEE of the cabinet appointed by Attor-
hey General Palmer, and by the at
orney General himself, announce !
nent was made of these immediate
steps to be taken, and of the govern
nent's wheat policy.
In statement showing why the
,rice of wheat would rise but for the
governments guarantee, Director
Barnes promised a readjustment of
he prices at the expense of the ma
ional treasury as authorized by con- ..
,ress, if later developments indicated
world price for wheat lower than
he guaranteed basis. {
Buying Government Food.
PORTLAND, Ore.-The Portland
ity commission today voted I'M [
to accept an offer OF the
fuartermaster' department of the $
rmy to sell the city two carloads, or
lightly thousand pounds of bacon and
me carload, or thirty-six- thousand
ans of tomatoes, from the govern
nent stores at Camp Lewis The food
viii be brought here within few '
ays and sold by the city to the gen. !
raj public at retail.
A Portland merchant offered to
andle the sale of the goods at no t
ost to the city, even furnishing paper a
nd Irvine for wrapping packages.
lis offer was accepted. 1t was said t
hat the price of bacon probably a
yould be fixed at "a cents per pound +
lus freight and for tomatoes ID 3D.
ents per can
Seattle Buying Also. |
SEATTLE, Wash.,-Orders for
upply of government foodstuffs j.
vere wired to San Francisco army h
fficials today by acting Mayor w. D.
ane. The food, if sold to the city, n
ill be retailed by the municipality a
the public at local public markets. v
he order included 10000 pounds of S
aeon, 5000 six-pound cans of, corned A
eef, and 1000 cases of tomatoes.
he bacon is in government ware 2
buses here.
Idaho Cabinet Acts.
BOISE.-Members of Governor
avis's cabinet this afternoon I'M b
passed a resolution pre- fl
.nted by Robert O. Jones, secretary
state. and addressed to President o.
'ilson and Congress, asking that con
-ess take steps at once to curD tne .
creasing cost of living. N
A Travelling Mans Experience
You NAV learn something from the VI