WHEAT POOL

Dominion, Volume 35, Issue 261, 3 August 1942, Page 5

WHEAT POOL

Relieving Famine After

War HUGE RESERVE FUND (By Telegraph.—Press Assn.—Copyright.) (Received August 2,11 p.m.) WASHINGTON, August 1.

The International Wheat Council is conevning on Monday to work out details connected with a relief reserve of 100 million .bushels of wheat for feeding famine-stricken nations after the war. The council is composed of four principal wheat-producing countries, the United States, Australia, Canada and Argentina, also Britain, the principal wheat importer. Jlr. F. L. McDougall is representing Australia. The State Department declared it had been found impracticable to hold the proposed international conference to discuss production controls, but the council had been convened because of the necessity for instituting temporary controls and establishing immediately a pool of wheat for relief purposes. It was, explained that there was no intention at present of earmarking any specific wheat for this purpose. Each Government ' contributing to the pool may use its own means of acquiring wheat. The council will discuss the sie of the contribution from Australia and Argentina and also the question of paving transportation costs. The United States has already agreed to furnish 50,000,000 bushels and Canada and Britain 25,000,000 each. , , The council, it is understood, plans to establish a permanent secretariat here to assist in obtaining the compliance of all nations participating.