Evening star., 1934-04-10
EXPERTS SEEKING i.
ACCORD ON WHEAT
Agreement Sought on Ex'
port Price to Raise
Cost of Grain.
BY the Associa ted Press.

BY the Associated PreSs.
ROME, April 10.-Eight experts,
with their elbows on one table in
closed and guarded room of the Inter-
national Institute of Agriculture,
sought today to agree. on a minimum
wheat export price plan to lift the
price of the grain.
Despite a long morning session, the
subcommittee of the World Wheat
Advisory Commission was expected to
extend its session through the after
noon and into tomorrow.
Favor Four Points.
Although an agreement was not
reached this morning on which OF
four methods for a minimum export
price is to be employed, it was learned
reliably delegates we're agreed on the
following four points:
/. Exporters are to have the choice
of whether to make sales on basis
of quotations based on cost, insurance
and freight to importing markets. or
on a basis of freight on board from
ports of export.
2. Wheat -four, whole wheat, meal
and semolina are to be supervised by
the government in a manner similar
to that employed on wheat and grain
export.
3. The schedule of prices for flour
Is to be drawn up on a percentage
basis with reference to corresponding
types; wheat patent flour, to be priced
at aproximately las per cent OF the
minimum price of the corresponding
type of wheat; bakers or clears at $50
per cent; low grade at 125 per cent,
and other grades, including wnole
wheat flour or meals, at 120 per cent.
4. Governments are to agree not
to participate in any TRANSACTION OF
a commercial nature. such as barter
accords or deals resulting from frozen
credit, which might kill or hinder the
system of minimum wheat export
prices.
If wheat is sold under barter ar
rangements or through liquidation OF
frozen credit, it must be at prices not
less than the minimum agreed upon
by the governments.
Plan Littoria Visit.
Delegates tomorrow plan to visit
Littoria, where Italy has reclaimed
huge area of swampland.
DR.. Mordecai Ezekiel OF Washing
ton represents the United States on
the subcommittee, with Lloyd w.
Steere, agricultural attache at Berlin.
as his adviser.
"A subcommittee of the World
Wheat Advisory Commission started
today in effort to find means OF raiS-
ing world wheat prices acceptable to
all the countries represented in the
conference here.
The subcommittee will report back
to the conference tomorrow or Thurs
day and endeavor to secure agree
ment on its proposals. This group
was constituted yesterday when it be-
came apparent delegates-although
agreed on the principle of raising
prices-were ct loggerheads on ways
and means.
Meanwhile another subcommittee
WILL VA q ACPOlb Va l14C
French proposal that wheat import
ing nations which agreed to reduce
their homegrown production of the
cereal be given concessions en- the
markets Of wheat-exporting countries
for manufactured products.
Frances idea, 1t was believed, Is to
extend the market for her wines.
Two Other Prohlems.
Two other major problems re-
mained before the meeting. Argen-
tina wants bigger export quota this
year than she was granted under the
London wheat agreement, contending
she signed during bad crop year
and that since that time she has
piled up considerable wheat surplus.
The United States, Australia and
Canada appeared inclined to agree to
Argentina's request.
The other problem is that of an
export quota for Russia. The Soviet
signed the London agreement but de-
clined at that time to submit quota.
She was not in position then to fig
ure In the export market.