Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1919-01-12
HOOVER SAYS FARMERS
ARE NOT PR0F|TEER|NC
Food Administrator Tells British
People Spcculau,n In Hogs
Has Been Stopped.
SHIPPING CHARGES 5
SOAR
Allies Pay Same Prices us American
Consumers and GOvcrnncnt-Re-
moyal of Submarine Menace May
Bring About Reduction.

Herbert Z. Hoover. American food ad.
ministrator. on his visit 10 England
assured the people Of this country tha,
the high cost OF food was not due to
amy prohtcsrine by farmers in the
United States. The statemcnthe issued
- ,na Eritish press shows mat tne
guaranteed price of grain to the
american farmer not only S sma Her
imam the guarantee to the British
farmer. but the Americans yield is 80
Per cent less All acre. IT the British
shipping rate, Mr Hoover said. had in-
creased only pro rata rs tho Amer
wheat III Eng land would tc about S23
Quarter Of $50 pounds. instead Of the
present s2G.15.
u kccnly realize Mr.. Hoover said.
no" hard the present price levels Dear
ON all consumers. and NOR" especially
upon the allied peoples. whose eco
h"m!'' wage plane ~ much below that
"a ~" United States. so FAR az the
'hiltt a's - ronc-rncd. 1t IL NOT
mat " yrohtccring. bu; is one OF
So '".' ~ Sity OF economic forces and
l.r"..- IA ipY world necessities" He
C!i'd ,'ti' Indicating the compar a-
uNc 50 "'tVre and after the es
tahlis hWrnt nf war controls by tho
Inlted states government or prices or
wheat. nuGs, maiz". oats. sugar. steel
ana copper, ADDING that prices have
hcen Invariably the same to tho allies
~ 10 our own consumers and oar own
government"
The hish price levels. however
created before We entered the war
ne statement continued. caused our
lNnoT and other food production costs
70 increase by leaps and bounds. ana
10 prevent any return during the War.
10 1913 levels
Mter discussing factors other than
american conditions which have in
creased tn. cost Of food to tho allies
particularly overseas TRANSPORT he
noted That feed prices pa !d to the Eng
!ish iarH"i wcr" about 20 per cent
nicner than the prices realized by the
American farmer io; oats and barley
q. Il am III hopes" he said. mat tho
freeing Of the seas from war losses
mas render II possible quickly. To re-
Hucc sea charges 10 at least tho same
ratio OF Increase as tue American
farmcr receives"
Proti,eernc and speculation in por,,
h"tr De- n removed in the States Mr.
s!ooNc. 'o!d the British people. hy gov
He added:
IN broad view | am certain tina,
"ur *Erivuiturai margins arc SO Tow
"a, !" per cent reduction in prices
20 our FARMERS would sti;'c our pro
auction 10 IN. extinction of our consc
IhchtaI export SURPRISES This mar
I'm I'm oi - Pc cent Is tho price tina,
our own consumers ana vour ,o,
sinners pay Tor stimulation Of produc.
.icn our American consumers r;..St
I"tN out Gh"crful!y feel ;h.i wc ar,
laklne from them this extra 10 ner
tapc ON 49, ~ "rHcr that we may
'N' our part an "arryin.c this worlI
nun den. ~ view The wor,n'. fond a.,
ErtS TINS moment am convinced ,h,,
- cNtit inarg'nal surplus from tho
INC IMMENSELY OF human life ri sf..L
"ct"tch nov aud nest harvest
Exhaustive Test Of Solid Itubb.r T,r
ON" Of the most exhaustive tests ever
T,N"n Is tho ono that FOR eighteen