Washington, Sept, 2.
The extension of the Government Wheat purchasing programme, which will include all types and grades of wheat for which there Is an export demand, was announced. today {the Agricultural Adjustment Administration, At the same time, it was disclosed fiat the International Wheat Advisory Committee will probably be [summoned to a meeting in the autumn for the purpose of attempting to work out a production and marketing agreement among the major producing countries, Officials of the Agricultural Ad-Justment Administration are also Said to be discussing methods for stabilizing the world marketing of cotton, together with a reduction of the tariff on tobacco, It Is believed, however, that aggressive action in regard to cotton and tobacco will be held in abeyance until the wheat Programme has been worked out.
Farm officials, at present, consider both Canada and Argentina as the chief stumbling blocks in the way of an agreement, The current subsidy plan is pri-lately viewed asa demonstration that the United States is not ready {tc surrender its plans to obtain an export market for wheat. The present programme, it is understood, may most probably become part of {the general farm programme if other exporting countries should prove unwilling to ce-operate.
On the other hand, plans have been completed to subsidize the ex-ort of 7,000,000 bushels before the new Argentine crop becomes ready for marketing, with a view to impressing upon Argentina the desirability of an international agreement. It is believed that more direct pres-
Text read from the printed page and cleaned; old type leaves the occasional error.