At the beginning of this century, wheat was virtually the lifeline of West of Canada. The economy would prosper if there was a good harvest, otherwise it would be depressed. People in urban areas all paid close attention to the harvest and price of wheat, as if they were the planters. And it had become a hot topic how the wheat would sell.
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Part V Chinese-English Translation (15 points) 1w30Vj 2<
War has brought about numerous dramatic changes in western grain market. For many years, peasants have never been trusting grain speculation activities. In general, the price was relatively low in autumn. However, peasants could not wait the price to increase and would sell them once harvested, after which they could only see speculators benefited from the increase in wheat price. During various periods of time, farmer groups had required the governments to carry out strict control upon the grain market; however, the governments wouldn’t like to intervene until wheat price was almost lost control during the war. As it became urgent to control inflation and living expenses, the Federal government set up the Grain Oversight Committee to deal with the buying and selling of grain during 1917 to 1918.
