Pinedale Roundup

PLANS TO REDUCE PROFITS ON FOOD

HOPE TO STABILIZE PRICES BY LUBRICATING CHANNELS OF DISTRIBUTION.

This Will Be Undertaken By Cutting Down the Margin Between Producer and Consumer, is the Hope of Hoover.

Washington. - Reduction of the present high prices the consumer pays for food, it was announced May 29, will be one of the aims of the new food administration which will be created with Herbert C. Hoover at its head as soon as congress passes the government's food control legislation.

This will be undertaken by cutting down the margin between producer and consumer through a system of executives under the central administration, each to study means of shortening the speculative chain that handles a particular commodity. The first staples to be studied probably will be grain, flour, meat and sugar.

Stability of prices, Mr. Hoover believes, is vital to the successful lowering of costs to the consumer, both here and abroad. The executives will have under them boards, on which will be represented producer, middleman and consumer. Their efforts will be in the direction of modification of present trade methods and the stimulation of production.

The system of executive boards will be one of several divisions into which the administration will be divided.

One duty of the executives will be to advise on allied purchasing, which Mr. Hoover and government officials hope will be removed from a competitive basis when the allies have established permanent buying commissions here.

These commissions are to agree on their minimum food needs for presentation to a central buying commissioner, who in turn will deal direct with the American food administration.

The food administration, through its commodity executives, will ascertain just what the country can spare in food staples, and this will be balanced off against the allied demands. If stocks available for export do not reach the allied requirements the allied commissioners will settle amongst themselves their apportionment.