The Archive · 1930

AMERICA'S EXCESSIVE WHEAT

Washington, Mar. 10.

The Department of Agriculture to-day announced that stocks fof wheat on farms in the United States total 120,159,000 bushels. This is the lowest figure since 1926, it was stated, Mar. 11.

An ultimatum was issued to-day by Alexander Legge, chairman of the newly created Federal Farm Board, ordering the wheat growers the United States to cut their acreage by 10 per cent, Otherwise, he warned them, they would "go broke" through over-Production of wheat, Mr. Legge declared that the United States cannot hope to compete in the foreign wheat market because of high production costs and transportation charges added, Senator Gerald P. Nye; a Re-Publican, issued a statement to-day through' the Democratic National Committee predicting that the Republican party would speedily find itself in a situation such as it was in 1912, He asserted that there existed an "unholy alliance," engineered by astute high tariff lords like Grundy of Pennsylvania, which sought tariff rates that would put $10 in "new, burdens on the farmer for every dollar put in his pocket.

Senator Nye, who comes from North Dakota and is classed among the Western Insurgents, declared that there were "stacked cards" to fix votes among the Senators and bring about. high tariffs on sugar, cement, lumber and oil, all at the expense of the farmer—United Press,

Text read from the printed page and cleaned; old type leaves the occasional error.

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