VAST WHEAT POOL

Shannon News, 25 October 1927, Page 3

VAST WHEAT POOL

CENTRAL marketing, in the STATUS. The " New York World's" Washngton correspondent stales thai ho ne-'.partmtinl. of " Agriculture has .nnouneod that Adininstration ap .roval has bo., n given to the t'ormuon of a gigantic wheat pool coverUS practically every wheat-growing tate in the Unued States, to b< i aekd by Lho former Governor I'Kclvie; of Nebnuka. While this roj ct is not entirely new, it is now •cliveiy pushed for the . first time fter full a r-r reflation by tne Sccretry of Agriculture, Mr. Jardtne. The Nebraska wheat pool is taking an •olive Lad, bringing Texas, Oklahoma, Kansaa Nebraska, North Dakota, South Dakota, and Minnes:a into -the organisation.

It is averted that Mr. Jardinoalii;os that The- whea t situation in he Unit '1 States is not on a par with. hut of Canada, and through th' ■ool would improve the general con,;'.ion and centralise marketing facilMes, both for the domestic and export trade

Tt is stated that all the financing -if the projr-M has been obtained ihrei'gh -i;>lt rm diafo credit banks FA'favi-; aro now being made to have (he farmers sign a live-year contract to deliver their wlrnl to the pool.