This is the largest exclusive organ
ization of wheat growers in the
United States with 00,000 members
in nine wheat growing states, es
tablished to secure a fair price for
wheat through co-operative market
ing. Put the development of such
an erganization is necessarily a mat
ter of some time, and the American
Wheat Growers’ Associated. Inc., will
not this year be in a position to
control bushelage sufficicntaly to in
fluence markets to a degree which is
imperative if me nations wheat
growers are to be afford relief.
"The American Wheat Growers'
association, Inc., advocates, through
immediate legislation, the establish
ment of a federal agency suitably
financed to go into the open mar
ket and purchase wheat whenever
the price drops below a basis of
|1.75 per bushel for No. 1 dark
northern spring wheat at Chicago,
with suitable differentials for wheat
of different grades ami qualities,
this agency to act during the mar
keting year of 1923 and until July
1, 1924.”
Face Bankruptcy.
From that date onward wheat pro
ducers. through their organization
will exert sufficient domestic price
control to insure capital returns
commensurate with their capital and
labor investment.
