Word: wheatly
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Dates: during 1920-1929
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...more President Hoover last week started the Federal Farm Board off on its long task of jacking husbandry up out of its economic bog. The President met the Board for an hour in the Cabinet Room. One place on the Board remained vacant: A member to represent Wheat, whom President Hoover had not yet been able to find. Two last-minute Board appointees: William Frank Schilling of Northfield, Minn, to represent Dairy Interests; Charles S. Wilson of Hall, N. Y. to represent truck-gardeners...
...Board's first problem was wheat. Here Nature had already started helping the Hoover administration. Last week the Department of Agriculture announced crop estimates. Forecast was a wheat harvest of 834,000,000 bushels (1928: 902,000,000 bu.; 1927: 878,000,000 bu.). Great had been the crop shrinkage since the spring estimates. Reason: Hot winds, drought, severe insect damage. Bad weather conditions in Canada and improved world demand brightened the outlook. The Chicago wheat pit reflected these conditions. Prices, on the rise for the last month, went higher. July deliveries touched $1.29 per bushel, a 35 cent advance...
Great Britain, Irish Free State, Turkey, Norway, Greece were other complainants. Notably absent from the list were Canada and the A-B-C powers of South America. Canada, protested informally, in an oral statement by Minister Vincent Massey hinting at a high Canadian wheat tariff in retaliation for the proposed U. S. duties on lumber and shingles. Having had the list published, Senator Harrison next engaged Senator Smoot in an altercation on what the protests signified. Senator Smoot at first belittled them, called them "unimportant . . . similar in substance to former protests." Senator Harrison called them the result...
...Railway which cuts north from the great Japanese port of Dairen to Changchun, where it connects with the C. E. R. Ingeniously wangled from Russia after the Russo-Japanese War, the S. M. R. is today worth $220,000,000, keeps the Japanese Colony of Korea fed with Manchurian wheat and soya beans. Its 700 miles of track are guarded by 20,000 soldiers against just such an attack as last week befell...
...give the Board a headstart on the wheat problem, the Department of Agriculture last week began a nationwide movement to get wheat-growers to increase their own storage facilities on the farm. Purpose: if each wheat man stored a part of his own crop, the autumn market peak would be diminished, prices would be steadied, car shortages and terminal embargoes would be avoided...