Word: crop
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Dates: during 1920-1929
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Economics. Insoluble though it seems, the economic aspect of the farm problem is simple. The only large variable involved is weather. If weather is good, so are crops. Too-big crops make too-small prices. If weather is bad, prices are good but many a farmer will have no crop to sell. Intelligent study of sound weather data will help stabilize his decision as to when to plant but the farmer still needs a gambler's instinct at planting time. And thereafter his fortune is in the lap of winds, rains, frosts...
...Government price fixing is known to be unsound and bound to result in disaster," he said. "A Government subsidy would work out in the same way. It cannot be sound for all of the people to hire some of the people to produce a crop which neither the producers nor the rest of the people want...
...Killing crop-destroying bugs...
...cheeriest part of his report was his statement on the condition of agriculture since July of this year. Said he: "Advance has been particularly conspicuous in the case of cotton as a result of a much reduced crop. As the prices of other commodities had meantime declined somewhat, the relative position of farm products has materially improved. On a pre-war basis the index for them now stands quite as high as the average for nonagricultural articles." Textile manufacture has also improved...
President Hurie looked out his office window. Clarksville, he thought, a quiet town . . . trees, lawns, Missouri Pacific depot, county court house . . . not like New York, very poor, every body . . . last spring's rains and floods, top soil washed away, cotton crop a failure, last year's cotton sold for only a few cents a pound. No money in Clarksville. I have $3,000 in the bank . . . savings of 15 years teaching . . . 1912, graduated Union Theological Seminary, preached in some New York churches. Perhaps, can raise the $115,000 there...