The Archive · 1932

U.S, SURPLUS WHEAT FOR CHINA

Washington, Sept. 25.

Mr, Arthur M. Hyde, Secretary' of Agriculture, and other officials representing the Department of Agriculture, the. Federal Farm Board and the Reconstruction Finance Corporation to-day conferred with President Hoover at the White House to-day -and discussed the Prospect of sale of 15,000,000 bushels of surplus wheat to China, According to the present plan,: the Reconstruction Finance Corporation would have to finance the sale, which would involve an ex-—penditure of about G.$8,000,000.

No decision was reached at tha conference, it was.understood. It was indicated however, that the meeting was of the belief that tha plan could be worked out.

The conference resulted from ims': sistence on the part of the North-the project.—United Press, at

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

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