Smyrna times., 1923-11-07
PRODUCTION AND MARKETING
OF WHEAT MUST Be REVISED
BETTER METHODS, IF SOLUTION
OF WHEAT PROBLEM is HAD
War Finance Investigation Suggests
Cooperation as Boon to Farmers
Price Fixing and Labor Supply

AiCe TlAlnS anu LABOR supply
Both production and marketing
methods must be revised if there is
to be an adequate solution of the
wheat problem, in the opinion of the
war finance corporation Investigators
who recently toured the wheat grow
ing areas at the request of President
Coolidge. In five thousand word re-
port to the President made public
Monday, the two corporation directors
declared that, not only should there be
an improved marketing system, but
that steps should be taken to adjust
American production in times of world
Over-productiOn. Already the direc-
tors, Eugene Myer, Jr., and Frank w.
MOndell, have talked over their find
ings with Mr.. Collidge and it has been
indicated that after further confer
ences with private interests concern
ed the proposals advanced in the re-
port may form the basis of a definite
administration policy Of relief Wheth-
er legislation will be ready for pres
entation at the opening of the next
Congress, however, remains undeter-
mined.
Warns Against Too Much Sympathy
The report warned against too
much sympathy and emotion in work
ing out the problem and urged main
tenance of "a thoroughly rational at
titude," in efforts to alleviate distress.
eve feel, as a result Of our trip" the
report continued, that the solution of
the wheat problem lies along two
lines; First, the adjustment of produc-
tlon to American needs, if the world
market is over supplied from other
producing countries at lower prices
that are satisfactory to the American
producer under prevailing conditions
and, second, the development of ar
improved marketing system, such as
= we believe can be brought about by
the organization of the producers ot
the country to market their wheat un.
der the cooperative marketing plan
making it unnecessary to rely so com
pletely upon the uncertain functionine
, VI AAiC HBCCuAdliNC DuUliC COulIdG
market" The report declared tina
the higher brackets of the Federal in
come surtaxes should be reduced, anC
the privilege of issuing tax exemp
securities abolished.
Plans For Solving Wheat Problem
Among the plans for solving tn
wheat problem given the two officials
these were set out in the report a
the more important. 1. "An inereas
in the wheat tariff. 2. "Govemmen
: price fixing accompanied by tn
necessary control of the wheat trade
3. Government purchase of the SO
called surplus with the view of ex
porting it to foreign countries.
Distribution of S5S,OOO,OOO, which
was stated was a profit made by tn
grain corporation during its existence
t 5. Modification of the present i'm
'' migration laws so as to provide fo
the selective admission of a large
supply of labor 6. "Organizatio
G and development of cooperative whea
marketing associations" The repoi
a discussed various proposals at lengt
! but went into more detail with respeC
: to cooperative marketing. In the vie,
n of the two officials it provides tn
i only method by which the produce
can avoid to any extent reliance upo
the speculator whom the report de:
cribed as the 'keyman" in the il
l. dustry at present.