Photograph by A. E. Young 



WHALEBACKS LOADED WITH WHEAT IN THE LOCKS AT SAULT STE- MARIE 



On September i the exportable reserve of wheat in Australia was estimated to be 135,- 

 927,000 bushels; in India, 80,538,000 bushels; in Argentina, 26,107,000 bushels, and these re- 

 serves will be materially increased by the production of the next few months. If these stocks 

 were available for the Allies, the wheat problem of North America would immediately be 

 solved. Australia, however, is three times as far from Europe as is the United States, and 

 therefore three times the tonnage is required to transport an equal quantity. Added to this, 

 the submarine danger is twice as great. 



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