Coulee City dispatch. [volume] (Coulee City, Wash.) 19??-19??, 1935-08-29
RECENT DEVELOPMENTS
CAUSE ADDED INTEREST
IN WHEAT PROSPECTS
Reduction Change, F'ayors5le AAA
Court Decisions, approaching
1886 Contract Plans Lend
Strength.

>oui. DeCisloHS, --hppfodcHHS
1886 Contract Plans Lend
Strength.
What with reduction changes by
Secretary Wallace, court decisions
favorable to the AAA; reports OF
crop shortages and indications trat
the 1896 wheat contracts will be
Forthcoming shortly, considerable
interest is now conferred in wheat.
OF course, the recent passage of
the AAA amendments by both
houses of Congress has added to
the Importance of all adjustment
programs. particularly those in
volving processing taxes There is
u strong feeling in government
quarters that the new amendments
will clear up contested legal points
in the adjustment act and insure
declaration of it's constitutionality.
1t is thought trat the amendments
will halt all proceedings to restrain
collection of processing taxes; and
that they may open the way for
export subsidies on basic comomdi
ties
Producers in the west hailed
with joy the August 6 decision of
the San Francisco federal circuit
court confirming the Seattle's dis
trict courts ruling and denying the
appeal of professors They were
asking for temporary injunction,
which If granted would have pre-
vented collection of the wheat pro-
cessing tax. Major A. H. Hadley,
adjustment administration attorney
In San Francisco said 1.-The decision
establishes the law in the entire
jurisdiction of the Ninth Circuit
court including: California, Oregon
Washington, Nevada, IdahoS Mon
tana and Arizona. 1t opens the way
for leasing and distributing amonE
producers $834,000 impounded in
Los Angeles and San Francisco
courts and paves the way for con-
tinued collection of the processing
tax in the whole area, not alone on
wheat but on all other basic COM
modities. 1t also points toward a.
batting 16 injunction proceedings
against the tax, which have alread
been granted in Los Angeles; and
eight in San Francisco"
The new ruling making the ac-
reage reduction only five percent
instead of Is, is estimated to in
crease the 1886 national paintings
by 100000 acres, according to
statement from Agricultural Ad-
justment Administration headquar-
tiers in Washington, D. G.
Officials there state that the step
wastaken primarily to assure dom
este consumers of continued ample
wheat supplies. and in addition to
benefit farmers by placing this
country In a strengthened position
in the world export market. This
is considered especially important
in view of smaller world supplies
of wheat.The action will have no
effect on adjustment payments for
farmers, as contract signers will re
ceive sufficient amount to assure
them parity returns on their domes
tic farm allottments. If prices are
good next year, farmers will have
more wheat to sell at the higher
price, under this plan, and If the
prices should be lower, growers
have the protection of the adjust
ment payments on their allott-
ments.
extension service of the State Col
agricultural economics state that
the world wheat prices during the
1856 season may be expected
to be higher than for the past sea-
son If present crop prospects or
borne out.
Indications that the 1886 wheat
contracts will be available some
time next month are drawn from
the fact that conference has been
called in Boise, Idaho, August 80
and 81 of western states workers
to hear the new contract and sign
up procedure explained. Three
men will attend the conference
from the State Extension Service
including: r. M. Turner. Extension
Economist, Archie M. Camp. COM
modities representative and Chas.
A. Bond, extension editor. Exten-
| sion Service director F. E. Balmer
will also be in attendance.
Concerning the relation of the
| wheat surplus to the new acreage
reduction ruling, George E. Far
reitI director Of the division of
grains for the AAA said, "The car
ryover on July 1, 1885 was about
IL million bushels and year hense
it is expected it will be about nor
NAL. However,, the fact that the
spring wheat area has suffered So
we're rust losses this year makes it
advisable to use the fexibility cf
the Agricultural Adjustment Act
at this time to provide for some
what larger production to assua
adequate SUPPLIES of all types CT
milling wheat"