THE WHEAT DEAL

Dominion, Volume 12, Issue 213, 3 June 1919, Page 8

THE WHEAT DEAL

' STATEMENT BY MINISTER OS ' ■ AGEICULTUEE. ■ |' • (By; Telegraph—Press Association.) : m, ,t Christchurch, June 2. The Hon. W. D. S. -UacDonald.'Alinis- ; ter of Agriculture, m connection with the wheat deal, said the millers hnd purchased the -snme qwmtitv as they had irtst year, viz., four . million bushels. J'.roin the beginning of May' the price AT ." , « reasetl * halfpenny [per bushel. J He uovernment h/ul '"jiveu h ?tinr«in('oe to piirchaso any balance not purchased by . the millers up to the beginning of, September. In the circumstances he could Ji.ot understand why (here should be :mv Trouble with respect to,financial nrraike•Jnents ;])>*, farmers. He believed (lie farmers were satisfied : with the. ' nrices .01}nrGa by';the Government, and with the ordinary terms of guarantee that 1 they would be able to sell 011 (he usual terms, and that if there was a surplus the Government .would ■ take .it over. He felt i .that the prices offered by the Government for next year's crop would be suffi- ■ cient to enable a reasonable area to bo 4 - put under wheat. Anart altowtliPiv j. from patriotic considerations, as far as *.{ . c °uld 'srather • the .majority of the ..farmers were", satisfied.