Discussions last week which began with "Well, what should we do?" got lost in guesses and by-Gods. One of the most dubious guesses was the Administration's guess that it might be able to control prices by persuading people to save food, while it went ahead with its program of buying grain to feed Europe. Those were two birds flying in different directions which could not be brought down with the same stone.
The record of wheat prices in the past three months showed how one bird had flown. During July the price of wheat futures at Chicago rose from $2.12 in June...
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