London, May 18, 'Many problems connected with the world's wheat supplies are being discussed by the. International Wheat Producers' Conference, which opened at Canada House, London, to-day.
Forty delegates from eleven countries were present, under the presidency of the Canadian High Commissioner in London, Mr. Ferguson.
introductory speech Mr. Ferguson said that the main prolem was to.assure an adequate reward for the labour of wheat producers without making bread dear." The deliberations should therefore be directed to devising an improvement in methods bringing the producer and consum-together on more equitable terms.
Many of the delegates, have brought proposals." The Austra-lion delegates, for instance, suggest the establishment of an interna ional wheat marketing organization, May 19, The wheat conference now meet jing in London has already resulted in definite progress, according to a statement made by' the Chairman, the Canadian High England, rest" the aren of production ing, if possible,
Jwhich was considered the only way lof effecting a better balance in trade.
The Australian delegation report-Jed that conference of Commonwealth Jwheat-growers had passed resolations proposing" the creation of an international marketing organi tion, representing wheat exporting countries, to control all wheat offer-fed for export sale.
According to a message received London by the representative of the wheat pool, the formation of a Dominion Wheat Board in Western Canada is a possible outcome of the London conference, May 21.
The announcement that Soviet! Reussin's wheat crop in 1991 is expected to reach 36,500,000 tons compared with under 30,000,000 tons in 1930, was contained in the proposals submitted by the Soviet delegate to the London wheat conference ta-d Tt is not surprising,—therefore, that the Soviet disagrees with the chief proposal of the wheat-producing countries for solving the grain crisis, namely—a reduction in. the area under cultivation. On the contrary, the Soviet argues that Russia musi increase her production i der to meet the growing lemand "and suggests "th [country should decide upon a pole for itself.
The Soviet is prepared to agree to a regulation of wheat exports by fixing definite quotas, providing the gest Wheat exporting countries also agree, but since Russian wheat "jis one of the principal sources from which the Soviet pays for imports, the Soviet argues that her quota should be based on the quantity Russia exported in pre-war days. The proposals provide also that agreement on quotas shall preclude adherents" from concluding separate agreenients in order to get better conditions for their own wheat, The Soviet likewise refused to agree to the suggestion of minimum prices for wheat. It adheres to the proposal for the distribu. ion of wheat exports by months and quarters in a year, but stresses the Soviet's needs of adequate for financing the quantities which would be held in Russia in consequence of such agreement and suggests that such wheat stocks should serve as sec urity for credits granted.
The surplus of the Russian wheat crop in 1980 exceeded 6,000,000 tons.
Later.
It is stated that there ie" grave danger of the conference of wheat! growing: countries now being held in London breaking down owing to failure of the committee of the conference to find a scheme likely to be acceptable to the conference.
In consequence the plenary session of the conference which should have been held to-day was post-Poned until to-morrow.
May 23.
At the final plenary session of the International Wheat Conference today it was decided to appoint a feommittee to submit'a proposal to establish a clearing' house for information, to explore avenues for a greater utilization of wheat and to make preparations for a further meeting of the Conference.
The eleven countries represented at the Conference were the United States, Argentina, Australia,
Text read from the printed page and cleaned; old type leaves the occasional error.