Pine Bluff daily graphic., 1919-04-22
RICE OF WHEAT PRODUCTS WILL. l BE NOMINAL. hlarantee Will Not Effect The Consumer. |XPECT INROAD TO FUND SMALL hector Barnes Believes World Price
 Should Be Named In Ev%.n Of Surplus.

New York, April 21.-Despite main
 nance of the government guaranteed
 lice in the face of an American
 |haat crop will probably break all
 ecords, domestic consumers will not
 hy more for the product during the
 bming year than the rates coacur-
 bntly accepted from foreign buyers
 hlius H. Barnes, newly appointed
 ederal wheat director, assured the
 ublic in a statement tonight outlin-
 bg the policies of his administration.
 Mir. Barnes termed unsound any
 Overnmental scheme for artificial ERlbSidizing and thought it quite pos Ifble, with the greater part of Europe
 boking to America for food and the
 rop prospects of the allied countries
 Fen poorer than last year, that lit
 le inroad would be made on the bil-
 ion-dollar fund provided by congress
 b sarry out the farmers guarantee
 f $226 bushel.
 May Have World Price.
 However, should there surplus production of wheat, he said, the na-
 ional treasury would be protected as
 lar as possible in making good the Difference between the guarantee and narket rates by determination of a Rorld price for the sale of the sur plus. At present, the world price eX- ceeds the government price How nuch Of the federal appropriation wil be expended, the director stated, would depend on the harvest. :; as would also the government policy in {cayng and selling portions of the fcrop Until facts concerning the 1919 |vleld were more generally known, l ne added, no definite plan of opera |llon could be intelligently adopted. h relation to federal acquisition or wheat. which he predicted would De carried out on an extensive scale, |ehlornng the farmers guarantee. partlcularly if the world price should oe lower than the government basis. eHectlve until June Is, 1920, Mr. Bar hes said three plans were under con- slaeratlon; direct dealing with the farmers which would bring the di- rector into contact with 10000 per sons' purchasing through the coun- uE gram exchanges, which would ne- cessltate keeping 10000 accounts, and p"sihs through the mills, which would feu0ce the number of clients to 1000
 Will Determine Policy.
 AS to sale of government acquired stocks, the director said that con- sress, With clear conception of the uillcul'les Of the coming year, had ueiesated to the president large areas ana discretion, and would be at the nNr'lce n, or the wheat administration. me sale policy he stated, would de- .erhlhe by factors developing with ane season, and the license power would be used to control trade prac- t,ces to insure proper reflection of a1 aae guaranteed price reaching all ciasses of producers.
 accepting the department of agri- euilures estimate of the largest win tei wheat crop in history, and mak- ins allowances for unfavorable nealher conditions which had held rne spring crop back two weeks, MT. ' parhes predicted that America's 1919 thn nneat yield would tax to the utmost shi s,,! country's storage, railroad and aa"'pplhg facilities. He expected re- aseu na;" wheat and wheat products paiees within two months-they are hum lOys aoove the government fair price mae uaei owing to the heavy export de- .a1a nano' but saw little chance of re- Th 1u'n or the five cent loaf of bread. me cost of flour was only 45 per ad' ana ol the cost of bread, he said, u mo wl'h wages and other factors of na "iuldcture at high leels there was wo,, uu present liklihood that the price "ould be cut in two.
 M, Glad of Big Crop.
 oo,o mr. Barnes denied reports that fa government agencies were urging aariners aa! to cut down their acreage of tpna4s tr,s wheat, and regarded as for thro"' th,e' m view of food conditions that thtughout the world the probability vaa. , Amerlca would produce this Tha tne greatest crop ever grown. tho M is!o harvest-second largest in or ene nations history-was consumed wora paiedged, he stated. Whether the tha n'iu m Value would continue during ernmomt ,ting s year higher than the gov dennesnt-fixed price, he said would prasno a on the foreign crop, whose HooIpscts HUspects field agents of Herbert comn;l, mead of the inter-allied food x-,s x-,s.'isslon, , where studying.
 would be we'll for Americans .thatp atppreciate," Mr. Barnes asserted ated ds nv .lve ravaging years" had ere. pos;.;s an unparalleled world food
 aIt NO NO Immediate Remedy.
 he cont;not Snnot be remedied at once, wall sinued, I've cannot build $ around our own fortunate coun