PRODUCERS’ POOLS
APPROVED BY CANADIAN COMMISSION
SUGGESTED RESERVATIONS. OPERATING WITH TRADE OVERSEAS. (Recd This Day, 12.50 p.m.) OTTAWA, May 9. The Australian system of producers’ pools has been recommended for Canada by the Royal Wheat Commission, with the proviso that “They should operate overseas with trade, but not against it.” A compulsory Government pool is declared to be inadvisable, either overseas or in Canada. Futures trading through the Winnipeg Grain Exchange is approved, and it is recommended that a permanent wheat official be sent to London. Apropos of the search for new markets, the commission draws attention to the tariff adage: “We cannot sell if we cannot buy.” It states that it would replace the present Government Wheat Board with an official watching Canadian developments and co-operating with London.
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Wairarapa Times-Age, 10 May 1938, Page 8
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129PRODUCERS’ POOLS Wairarapa Times-Age, 10 May 1938, Page 8
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