HIST261 Lecture Notes - Thomas Crerar, Heavy Competition, Henry Wise Wood
25 Feb 2014
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Est in july 31 1919, the cnd wheat board (hereafter cnd wb) was meant to ease the transition from war to peacetime economy, and was popular with farmers. During this period much of the industrial world slipped back into the same recession that was occurring before the war. The cnd wb was meant to be a temporary thing but was so popular with small farming families that dominated the prairies that it remained until it was removed in the 21st century by the harper regime. Wb had a monopoly on the sale of cnd domestic and export crop and export flour. They received all cnd producers wheat at fixed advance or initial payment and disbursed additional funds secured from sales on interim and final payments. Producers got 2. 15$/bushel plus "participation certificates", however americans were trading at 2. 25/bushel. But by using the participation certificates given to them by the cnd wb cnd"s were able to get an additional 40 in may,
