Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-08-10
FARM BOARD AWAITS
GERMANY'S OFFER
FOR WHEAT, coTT0.

Continued From First Page.)
grants of $4,000, 900 extended Saturday
1 TO other grape companies. On behalf
| OF the board, 1t was said the "yelping of
| the drys and vets" about the financing
| OF grape concentration industries had
nothing whatever to do with the omis-
sion OF the company. of which Mrs
Mabel Walker Willebrandt Is counsel.
Uncertainty rs to the amount reQIir-
ed was said to be the only reason for
the delay In approving the application
or Grape Industries.
1t was expected the German offer for
wheat would be transmitted through the
State Department by Ambassador Sack
/ EFT In the usual way. Although the
beard has received no definite informs
ton OF its own, 1t was believed the offer
would be received within ~ hours.
While 22.000, 900 bushels would only be
drop in the bucket" any reasonable
ofier from foreign governments, beth
Tor wheat and cotton, would be accept
able, 1t was explained.
Cotton Policy Watched.
Attention also was conferred on the
proposed statement Of the board as to
| its sales policy for cotton during this
crop year. The 1890 agreement not to
sell sterilization supplies except to for
eiSn governments expired July 81. Until
some change In this policy Ia agreed
i upon, it was explained today that the
no sales" agreement was still binding.
The prospective huge crop may have an
important bearing upon It, whether
| demands OF Southern Senators and
growers VIII be met by not making any
sales TO domestic trade remains n The
balance.
In the face of steadily DECLINING
prices. Mr.. Williams said that stahillnn-
ton cotton, or stocks held by co-onara-
lives, will not be forced upon the mar
ketS. 1t was not believed that cotton
prices would go much lower.
whether the board would accent the
German wheat proposal depends, ike
the cotton offer, entirely on its terms.
No omcial would comment pending the
presentation OF the offer TO the board.
Uncertainty Il Blamed.
Oficialss of Fruit Industries. Inc. in
giving their side OF published reports
as TO the failure of the Farm Board To
include the corporation among crane
companies which were given grants to-
falling $4,000 Saturday, attributed
the boards asstiop to uncertainty over
sthe amount reQuiISd.
o. statement by Donald d. Conn.
managing director. said the board on
May ~ approved sloan of $500. 600
for processing 100 600 tons of cranes
this ssar. Heat and drought however,
since have reduced the prospective crop.
and the amount needed has not been
determined.
Conn explained that three weeks ACC
| tee loan was cut to $086, 900, and Sat
/ tGrday he informed Chairman Stone the
ORGANIZATION would not require that
much. Stone, he said, indicated the
board could not act upon the applica-
ton for several days.
| Inc board Saturday advanced about
| $4,000, 600 to California ratsfn rrowers
Fruit Industries Is associated with the
California Grape Control Boare as
| cooperative
Both the Government and the Farm
Board nave been aSsailed BY prohibifion
and anti-prohibition forces for assist
ing financially in the manufacture Of
grape concentrates, which IL ths hr,tt.
/ ness OF Fruit Industries.
Explains Firms Work.
| Conn said he did not believe the
day on the loan in question was
prompted by the fight OF prohibitionists
| against the Fruit Industries lnarketiur
| OF grape concentrates.
statement explaining the work of
the corporation said.
Fruit Industries sales performances II
| most encouraging. Gross sales are
nearly three time larger than a wear
ago. The purpose OF Fruit industries.
lndorsed BY the various branches OF the
Government. Is not only to secure the
! Dement'S OF . stabilized market for the
grower, but to develop as nearly as pos
slple centralized control and LEGAL SIi-
rection over the disposition Of grapes.
BY Its rigid merchandising program
and the continued conduct Of its opera
tons on the highest possible standard,
Fruit Industries is performing the func-
| tons for which 1t was organized and
which were considered as most irn-
portant phases of the entire grape prob
lem when the Farm Board loans were
made"