* * * * The Wheat Conference The Wheat Conference
which is being held at the invitation of Canada opened in London on Monday. Mr. Howard Ferguson, the High Commissioner for Canada, in his opening speech to the delegates of eleven countries, confined himself to generalities about the seriousness of the situation, and divided the subject into two sections. The first problem to be faced is the disposal of the present greatly swollen surplus stocks, the second to arrange marketing schemes for the future. He also spoke of the necessity of paying a remunerative price to the producer, and seemed to suggest com- pensations to the consumer in the shape of increased purchasing power for manufactured goods. We hope this does not mean that the negotiations will be concerned principally with the fixing of prices. For the present they will be carried on in private, but public sessions are to be held again later.
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