EST. 1903 - Presenting global influential leaders from business, labour, education & government through events
Jones, Stanley N.
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Being fortunate enough in Canada to be able to take for granted our daily bread. The history of wheat and a little of the history of the development of the wheat producing industry in Canada. The place of Canadian wheat production in the economy of the British Commonwealth and in the western world. Calling our attention to several points with respect to wheat marketing which the speaker regards as truths and which have great significance for all Canadians. The very romantic history of wheat. Wheat first in Canada in 1605. Early production. The first shipment of wheat from Western Canada. Some statistics on development in Canada, and the situation in other countries. Canada's position as the most important exporter of wheat becoming vulnerable. Production figures. The market for wheat. Increasing competition. The Wheat Agreement: who participated and who did not. The speaker's conviction that it is futile to artificially set the price of wheat or any other commodity, and why. The two schools of thought in connection with this matter. Consumption as the surest cure of surpluses. Realistic acceptance of price declines. Recognizing the right of industrial workers and other wage earners to state-sponsored unemployment insurance schemes, minimum wages, and the like, and therefore the need to recognize a similar right for agriculturalists. Providing this protection in such a way that production can be disposed of at the best price obtainable while avoiding the creation of burdensome surpluses. Several points which the speaker regards as truths with regard to this subject. What should be done in Canada to regain and maintain our leadership as the world's principal exporter of wheat. Guarding against the creation of burdensome wheat surpluses such as those which developed under previous attempts to withhold supplies from market in order to influence prices. Individual freedom created on the basis of constitutional democracy, civil and religious liberty, and private competitive business placed in jeopardy by statism and by government monopoly. The danger to individual freedom from the growing intervention of government in business, even to the extent of depriving the individual farmer of freedom of choice in determining how he will market his own wheat production.