The Archive · 1939

World Bread Price Under Review

Wheat Conference to Be Called to Set Up Equitable Control

London, Jan. i4.

Recommendation to convene an international conference for framing an effective wheat control scheme was the principal suggestion made in the report adopted at the final session of the International Wheat Advisory Committee yesterday.

The Committee also decided to appoint a Preparatory Committee, consisting of a chairman and representatives of Canada, the Argentine, ihe United States, Australia, Soviet Russia, Rumania, Hungary, Great Britian, Germany and France.

The Committee was empowered to ce-opt a representative of the national Institute of Agricuture, if it so desired, and also to consult representatives of other countries and other interests, including exporters and outstanding economists of the wheat and milling trades.

Special Objectives Listea The Preparatory Committee was given complete freedom regarding the agenda, but its special attention was called to the following points:

1. The necessity of ce-operation between exporting and importing countries; 2. Consideration of the suggested five-year period for an international agreement; s. A minimum international price 4. The question of export subsidies:

5. Export quotas in a proportional basis of the estimated world demand.

The Preparatory Committee wi report to the Advisory Committee, which will finally decide on concrete matters to be settled by the International Conference.

At yesterday's meeting, the International Committee further discussed a report submitted the previous day by Mr. McDougzl, the Australian delegate, on the subject of the bearing of nutritional policies on the world wheat problem. As several points of view were expressed, it was decided to appoint a small sub-committee to draft a report on the subject.—Reuter.

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

Your account