ABSTRACT
Wheat is a primary food product which, at least at the present time, it would seem impossible to produce in excess of needs or at a loss. Yet the claim of wheat growers the world over is that over-production and an unremunerative price level is ruining them. The state of excessive over-production, or mal-distribution which has characterized wheat growing for so many years has divided the competing producers into four camps. New Zealand has not been an exporter nor an important producer of wheat, but the Government began early to organize a growing industry. The French Government made open avowal of a similar policy by the terms of the Agricultural Bill of June 1933, which provides for the exclusion of every class of foreign wheat from France. The most drastic measures have been taken in Great Britain. The wheat policy of the other European countries as well has been one of expansion.
