The producers news. [volume] (Plentywood, Mont.) 1918-1937, 1922-09-29

WHICH was dDanuoneu last year Wnere
by the government secured from
wheat importing countries Of Europe
the guarantee of the respective gov
.ernments to make good the bills o
lading of their Wheat importers. Ii
1920 that was what was done. Eacf
European government guaranteed tt
the American government The draft:
of their wheat importers. On this
guarantee the United States War Fl
nance corporation advanced the mon
ey to the foreign wheat importers and
the plan worked out entirely salts
factorily.
According to figures given by Mr.
Hanna the 1920 wheat exports
amounted to 276.OOO,000 bushels while
last year, with this plan not in effect
the exports Of wheat were only 1885,.
100000 bushels.
Figures were presented by q. L.
Burdick, chairman of the committee
on statistics, showing that the world S
wheat supply is low this year, COM
pared TO former years and that there
Is every reason to believe that wheat
Iprices should be at least as high as
last year. Many delegates to the con-
Il ference expressed the opinion that If
the volume Of export could be stimu-
lated 1t would have a marked effect
In stiffening the price.
Curtis L. Mosher, representative of
the Federal Reserve bank of Mime
apolis, and others stated that there
is good reason to suspect that one
reason for the low price of wheat is
the concerted action Of England and
France, two of the principal wheat
buying countries.
ave know those countries bought
together during the war, and that by
buying as a unit they were able to
have a powerful effect upon the mar
kets," said Mr.. Mosher while il
would be hard to produce evidence
that would stand in court that they
are still buying together and still at
tempting to manipulate their buying
so that it will have a depressing effect
on the markets, there is reason to
suspect that such is the case"
Seek Lower Rates.
To confer with railroad officials in
the twin acities regarding a voluntary
reduction in grain rates a committee
consisting of J. D. Bacon of Grand
Forks, TT. G. Mcdowell of Marion. and
81. 3. Fuller, secretary Of the state
Farm Bureau, was named.
The opinion was expressed that if
committee went to the twin cities
and laid the case of the North Dakota
urging upon them the critical sftua-
ton which faces the state as a result
Of the present conditions a voluntary
reduction in grain rates to the term
inals could be secured. This the COM
mittee was instructed to do.
Appeal for Grading Relief.
One report covering grain grading
within the state and another dealing
with federal inspection We're sub
mitted by the committee on grain
grading. Recommendation was made
that practical grading law be
adopted which would fit in with the
federal system, which would recog
niss state inspectors, and locate the
state department at the most access
ible point; it was further urged that
q system of sampling be perfected
through which farmers having grain
in local storage could secure adequate
loans.
The appeal of the conference to
Secretary Wilson Of the federal de-
Ipartment of agriculture was adopted
al follows:
complaint is general from shippers
throughout the state that wheat is
grading much lower under the fed
sral inspection than ever before
Wheat that would have easily made
No. dark northern last year or any
previous year is now being cut from
one to three Or four grades for the
most trif1ing causes.
"Durum wheat that would have
been Ne. i amber durum in previous
years Is now going No. l durum Or if
being graded amber durum is given
No. 2 or lower. It is a positive fact
that the wheat crop of this state for
this present year is the best in quail
ity that it has been for many years,
yet the grades as made by your in
speetors are running very low.
SIN support of these contentious
this conference On marketing will ask
that the secretary Of this conference
address as many as possible of the
shippers in the state for specific in
stances of shipments which have
been very disappointing as well as
for statements covering in a general
way their experience with federal In
spection this season.
1.-THE conference further desires to
call attention to the fact that all
wheat grown in the spring wheat area
is classed as spring wheat and this |
tends to overstate the real wheat sup
ply since this includes the durum
which is not used for bread making. |
We urge that all parties, including
the state and fedora government