June 14, 1922

CON

Arthur Meighen (Leader of the Official Opposition)

Conservative (1867-1942)

Mr. MEIGHEN:

That is the result of it.

Topic:   WHEAT MARKETING
Subtopic:   REPORT OP COMMITTEE ON AGRICULTURE AND COLONIZATION
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PRO

Thomas Alexander Crerar

Progressive

Mr. CRERAR:

In any case there is not the slightest possibility of that. Why on earth should wheat come in from the United States? The board which is created will have to sell its wheat and fix its price according to the markets of the world.

Topic:   WHEAT MARKETING
Subtopic:   REPORT OP COMMITTEE ON AGRICULTURE AND COLONIZATION
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CON

Arthur Meighen (Leader of the Official Opposition)

Conservative (1867-1942)

Mr. MEIGHEN:

Why was an embargo put on in 1919?

Topic:   WHEAT MARKETING
Subtopic:   REPORT OP COMMITTEE ON AGRICULTURE AND COLONIZATION
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LIB

James Alexander Robb (Minister of Trade and Commerce)

Liberal

Mr. ROBB:

The embargo was put on to prevent wheat from going out.

Topic:   WHEAT MARKETING
Subtopic:   REPORT OP COMMITTEE ON AGRICULTURE AND COLONIZATION
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PRO

Thomas Alexander Crerar

Progressive

Mr. CRERAR:

I think the Wheat Board in 1919 would have functioned just as successfully if no embargo had been put on, and my right hon. friend knows that, if he has studied the markets in the United States, because, in 1919, the markets in Minneapolis were above the price the American farmer would get for his wheat if it were brought into Canada.

Topic:   WHEAT MARKETING
Subtopic:   REPORT OP COMMITTEE ON AGRICULTURE AND COLONIZATION
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CON

Arthur Meighen (Leader of the Official Opposition)

Conservative (1867-1942)

Mr. MEIGHEN:

It was stated that the Canadian farmer got an average price considerably higher than that which the American farmer received, and I should like the hon. gentleman to get an opinion from the Chairman of the Wheat Board to the effect that he could have functioned for one week without an embargo against importations of wheat.

Topic:   WHEAT MARKETING
Subtopic:   REPORT OP COMMITTEE ON AGRICULTURE AND COLONIZATION
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PRO

Thomas Alexander Crerar

Progressive

Mr. CRERAR:

I shall take the earliest opportunity I can to consult my friend Mr. Stewart, who was Chairman of the Wheat Board at that time; but if my right hon. friend can explain why an American farmer or dealer would send wheat into Canada at that time and take $2.23 a bushel advance on it while he could get $2.50 in Minneapolis, then he can explain the situation.

Topic:   WHEAT MARKETING
Subtopic:   REPORT OP COMMITTEE ON AGRICULTURE AND COLONIZATION
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CON

Arthur Meighen (Leader of the Official Opposition)

Conservative (1867-1942)

Mr. MEIGHEN:

Just for the reason that the Wheat Board themselves gave, that that advance, with the participation certificates, represented a very substantially higher average price to the Canadian producer than the American price. The American producer is just as anxious for a higher price as is ours.

Topic:   WHEAT MARKETING
Subtopic:   REPORT OP COMMITTEE ON AGRICULTURE AND COLONIZATION
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PRO

Thomas Alexander Crerar

Progressive

Mr. CRERAR:

That is very true as it turned out in the final analysis.

Topic:   WHEAT MARKETING
Subtopic:   REPORT OP COMMITTEE ON AGRICULTURE AND COLONIZATION
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CON

Arthur Meighen (Leader of the Official Opposition)

Conservative (1867-1942)

Mr. MEIGHEN:

Yes, and as was expected to be got.

Topic:   WHEAT MARKETING
Subtopic:   REPORT OP COMMITTEE ON AGRICULTURE AND COLONIZATION
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PRO

Thomas Alexander Crerar

Progressive

Mr. CRERAR:

But no one expected that in the early months of the crop year of 1919, or in the early months of 1920, and the best evidence of that is that scores and hundreds and probably thousands of Canadian farmers sold their participation certificates for two or three cents a bushel.

Wheat Board

Topic:   WHEAT MARKETING
Subtopic:   REPORT OP COMMITTEE ON AGRICULTURE AND COLONIZATION
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CON

Arthur Meighen (Leader of the Official Opposition)

Conservative (1867-1942)

Mr. MEIGHEN:

That was because of the campaign waged by enemies of the Wheat Board.

Topic:   WHEAT MARKETING
Subtopic:   REPORT OP COMMITTEE ON AGRICULTURE AND COLONIZATION
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PRO

Thomas Alexander Crerar

Progressive

Mr. CRERAR:

My right hon. friend is a little sensitive about the enemies of the Wheat Board. The fact of the matter was that the initial advance given by the Wheat Board in 1919 was away below the prevailing prices of Minneapolis, and farmers of western Canada had not the experience of the thing or the confidence in it that finally, they would realize the prices which they could have obtained had their grain gone to Minneapolis. That was the position.

Topic:   WHEAT MARKETING
Subtopic:   REPORT OP COMMITTEE ON AGRICULTURE AND COLONIZATION
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CON

Henry Herbert Stevens

Conservative (1867-1942)

Mr. STEVENS:

Did they realize those prices?

Topic:   WHEAT MARKETING
Subtopic:   REPORT OP COMMITTEE ON AGRICULTURE AND COLONIZATION
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PRO

Thomas Alexander Crerar

Progressive

Mr. CRERAR:

Of course, they realized the prices they got.

Topic:   WHEAT MARKETING
Subtopic:   REPORT OP COMMITTEE ON AGRICULTURE AND COLONIZATION
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CON

Henry Herbert Stevens

Conservative (1867-1942)

Mr. STEVENS:

Where is my hon.

friend's argument of a moment ago that the reason they did not import was because prices were higher in the United States.

Topic:   WHEAT MARKETING
Subtopic:   REPORT OP COMMITTEE ON AGRICULTURE AND COLONIZATION
Permalink
PRO

Thomas Alexander Crerar

Progressive

Mr. CRERAR:

I would suggest to my hon. friends that they study the history of this thing; and if they study the history of it a little, they will not fall into such grievous errors as they are falling into now. The reason why the Wheat Board secured such a large final price for the crop of that year was due to conditions that arose months after the crop started to move.

Topic:   WHEAT MARKETING
Subtopic:   REPORT OP COMMITTEE ON AGRICULTURE AND COLONIZATION
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CON

Henry Herbert Stevens

Conservative (1867-1942)

Mr. STEVENS:

Was it not an average price?

Topic:   WHEAT MARKETING
Subtopic:   REPORT OP COMMITTEE ON AGRICULTURE AND COLONIZATION
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PRO

Thomas Alexander Crerar

Progressive

Mr. CRERAR:

It was an average price.

Topic:   WHEAT MARKETING
Subtopic:   REPORT OP COMMITTEE ON AGRICULTURE AND COLONIZATION
Permalink
CON

Henry Herbert Stevens

Conservative (1867-1942)

Mr. STEVENS:

Is it not fair to take an average price for one's argument?

Topic:   WHEAT MARKETING
Subtopic:   REPORT OP COMMITTEE ON AGRICULTURE AND COLONIZATION
Permalink

June 14, 1922