Word: crops
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Dates: during 1930-1939
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...proportions, a new old-age pension fever has suddenly loomed as a prime political issue. Since it has already decided several crucial elections, and since it undoubtedly will decide several more, there is small wonder that demagogues have seized upon it as the most likely fertilizer for a bumper crop of votes. Both camps are guilty of rosy promises, but most striking is their use by New Deal enemies, who on the one hand assert their conservatism and curse the Administration for extravagance, on the other back the most ultra-radical ideas and advocate the payment of billions in pension...
...recently come to stand for ache, agony and anguish. In defense of AAA he has argued that present low prices are due more to bumper weather (even the Dust Bowl bloomed this year) than to any serious defect in the Act. But in spite of the most far reaching crop control laws ever enacted, all three major U. S. crops are in trouble. Wheat, with a near-record crop of 940,000,000 bushels and a whopping 300.000,000 bushel carryover in prospect for next year, has stumbled to 50? a bushel on the farm (against...
...supposed to induce farmers to limit crops in return for benefits-soil conservation payments, crop loans, crop insurance, Government purchase of surpluses. If these inducements do not work the Act provides for compulsory controls-marketing quotas (such as are now in force for cotton and tobacco) invoked after two-thirds of the growers approve in a referendum. If crop prices continue falling however, Mr. Wallace declared himself opposed to outright price fixing on the basis of production cost, which "would soak the consumer, sink the farmer, and mean uncontrolled production...
...surest way for wheat farmers to get their fair share of the national income," said he, is for the Government to give the farmer the difference between his market price and what his crop would have brought in some Golden Age like that of 1909-13. Such payments are authorized in principle by AAA II whenever appropriations are made for them. Mr. Wallace boldly suggested that the best way to finance the payments would be to revive processing taxes, which the Supreme Court found illegal. "Why not use this kind of a tax once more?" he demanded. "We know...
...Roads to Disaster." AAA's misfortunes have already revived a host of rival farm panaceas. Most popular is the long talked of "domestic allotment" plan, permitting unlimited crop production and assuring producers a profit on that part of their crop consumed in the U.S., the balance to be sold abroad at world prices. At Fort Worth Henry Wallace told cotton farmers that domestic allotment would be a "road to disaster." Bristling on the platform was Texas' Commissioner of Agriculture J.E. McDonald, a champion of domestic allotment. As soon as the Secretary left town, Commissioner McDonald announced he would...