AMERICAN WHEAT PROBLEM
GOVERNMENT FACES SERIOUS - SITUATION. (Rec. December 29, 5.5 p.m.) New York, December 2". The New York "Times's"-Washington correspondent'reports that a serious situation has arisen legarding the wheat crop for 1919. The Agricultural Committee of 'the House believes that the Government must provide one million dollars to buy the crop, which will be eold at a heavy .' loss. This situation has ari.sen because the Government guaranteed the farmers 226 cents, per , bnsnel for wheat grown in 1919. It js anticipated that the ernment will be compelled to-sell at a loes of almost a dollar a bushel because of the sudden end of the war and of the fact that Australian and-Argentine wheat is selling at 135 cents, in European markets. The "officials expect a very ' heavy harvest next year, which may compel the Government to sell at 125 cents, a bushel.—Aus.-N.Z. Cable Assn.
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Dominion, Volume 12, Issue 80, 30 December 1918, Page 5
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145AMERICAN WHEAT PROBLEM Dominion, Volume 12, Issue 80, 30 December 1918, Page 5
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