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Syracuse Herald Journal in Syracuse, New York

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Newspaper

Syracuse Herald Journal

Location

Syracuse, New York, United States of America

Date

Dec 04, 1947

Page

11

Grain S action on speculators in wheat market discussed

Major H G S Strange testified to the Congressional Economic Committee on how Canadian grain controls work. He warned that regulating grain often backfires and noted farmers lose millions while speculators and housewives alike gamble in wheat futures.

Winnipeg Joint Congressional Economic Committee Truman Whnen Chicago Robert A. Taft Congressional Strange Ant Major Strange Ralph E. Flanders Vermont LaSalle Street Searle Grain Co., Ltd

Major Strange Defends Grain Policy Bilds Canada Visit

In a sharp exchange with Senator O Mahoney the major argued against heavy regulation and blamed speculators. He urged U S sympathy for grain traders and warned that strict controls could bring political turmoil as seen in the United States.

Truman O'Mahoney Major Strange Canada United States

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