Evening star., 1923-08-27
WHEAT POOL PLANS
PUT OFF IN CANADA
Delay in Final Payments Pre-
vents Adoption of Big
Marketing Scheme.
Bl J. &. ROIi.E.

Snecial Dispatch 10 The Star.
NEW YORK, August 27.--Plans for
the ro-operative marketing of the
banner wheat crop OF Canada must
go over for another year. Announce
ment of another poStponement makes
it certain that they cannot be made
effective this season. 1t was hoped
that the plans. sponsored by President
Wood of the United Farmers of Al
herta. to form Il central selling agency
could be- put into effect at once. but
while the movement attained cunsid-
cradle momentum in Alberta not
many. producers of the other provinces
Joined it to assure success.
The plan provided for a separate
pool TOR each p:nviuce with IA central
hoard of control Aaron Sapiro of
California. AN expert in cooperative
marketing. went to Alberta and out
lined the Srhem" and while the gov
erument of the province is reported
to have received IL with favor. no Of
hciai Endorsement was given. Farm
elS. millers and warehouse men were
enlisted to serve OH committees To
bring. the plan to completion. but it
is reported in American grain circles
that number of these key men have
recently resigned.
Popularity Not Lost.
The popularity of the plan. how
ever. has not been destroyed. Reports
from Duluth indicate that a concen-
tTdttd effort is under way in SaS-
kat"heWan and other western prov
lnceS 50 that the organization may
b. in active operation by next spring
and prepared to function in time for
the annual harvest in 1924.
one OF the chief difficulties which
arose was the percentage of initial
payment To farmers. many OF whom
objected 10 waiting any seNtehded
period for their money. II was pro-
posed 10 pay the grower 20 per cent
OF the prevailing price for wheat on
delivery at elevators and the balance
at the end of the shipping season
made for the year. Manysfarmers de,
Clined Ia agree to wait several
months for this final % per cent: In
addition. MISUNDERSTANDING have
arisen to details of operation. all
of which, it is expected, will be lroned
out during the coming winter.
Pool Plans Unsettled.
Originally il was proposed that the
Canadian government finance the
proposed provincial pools. but this
dominion officials. II was then pro-
own pools This met approval in
Alherta and sasilatchew but Mani
toba failed to indorSe this proposal.
As the Alberta and Saskatchewan
banks agreed 10 advance the 10 per
cent Of the selling price to the farm
ers on delivery of their wheat; II Is
come effective in those districts next
YEAR.
II such is the case the central
selling agencies are expected l" nam
die at least one hundred ntiiioh
hushels of wheat for export in 1924.
or about One-third of the amount or
Canadian wheat which will be eX-
ported this year.
American grain and elevator men
are exhibiting little concern over the
business they do with Canadian farm
.rS and shippers Is small as TO
I've almost negligible. Last year
some Canadian grain was handled in
soiidated and Great Northern com
ranies. but this was too small 20
have an appreciable effect on the
grain situation in this country. II
is felt in grain centers along the
Canadian border that any pooling
systems in Canada will be privately
organized and that the Canadian gov
ernment will not finance them or
participate i'll their management.
Would DO same with Rice.
Similar movements are gaining mo-
mentum in this country. The River
Farm Bureau Rice Growers ASsocia-
tion has just been formed in Baton
ltouge for the purpose of marketing
the entire river rice crop. approx
mating 10000 sacks, over a period of
from four to six months. Ordinarily
this crop is marketed within thirty to
sixty days. 1t is proposed by the as
Sociation to lease mills, which viii be
held in reserve for operation in case
prices for rough rise are not satisfac-
Tory.
Louisiana. Texas and Arkansas rice
men also are preparing to form
rice-export corporation to enable mill
ers to obtain a better price of for
eIgn markets by Systematized mar
keting. The plan calls for the issue
of stock on the basis of the capacity
of the mills involved. Sales will be
apportiOned on the same basis.
Rudolph Hecht. president of the
Hibernia Bank of New Orleans in
advocating this plan. said today that
= the time had come when the very
existence of the rice industry was at