Canada

Taranaki Daily News, Volume LVII, Issue 228, 5 March 1915, Page 5

Canada

THE WHEAT SITUATION. APPARENTLY NO NEED FOR ANXIETY. Ottawa, March 3. In tlio House of Commons Mr. Hughes stated that thr (lovernment's negotuitions with the wheat-growers progressed favorably until a deigning person succeeded in inducing the farmers to hold their stocks for higher prices. Mr Cockshutt moved that justification xisted for the Government exorcising supreme control over the quantity and destiny of wheat exports, thereby regulating home food prices and at the same time directing the surplus grain to reach only Britain and friendly countries. ire declared that the Canadian visible wheat stocks were sinking rapidly and were already to eight million hnshels. He expected that the next six Weeks would see an unprecedented squeeze, owing (o the situation eoiniie; on top of a world shortage of -100.(100,00:1 bushels. He estimated that the total wheat available in the Dominion to meet the requirements of the mills and seH and food supplies was bushels. A half-year's simply to carry on till llir harvest was gathered would mean the ri riiiiivmcnt of )().!nil 10 bu- h"K while for Canada about j, ii to fifteen million bu-dlels were required for seed supply. The motion v.':l- Ilevatilli! without R di\ i-ion. Air Horde,; -f.;!ei! <!l;lt !;e aa!> ;.;,vl M- l'i,p..n-..l c.:'.e,:-.. -„-.u it,at hrv !:•:,! ;,eij,: : o,r !:. r i^nirem.-nU