Word: hogs
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...Wallace appointed to succeed George Nelson Peek as Agricultural Adjustment Administrator a short, nervous man named Chester Charles Davis, aged 46. Good friend of both Messrs. Peek and Wallace, Chester Davis has been in Washington since May when he was appointed to decide for John Farmer just how many hogs he may raise per annum. This he was able to do by virtue of long experience as a cowhand, hog raiser and wheat grower on his father's farm in Iowa...
...instead of drudgery. Des Moines is Secretary Wallace's home town. Before becoming a Cabinet official he edited Wallace's Farmer there, Iowans turned out 10,000 strong to hear their native son speak in the Coliseum. He declared that the Government's corn-hog loan program would increase farm income, that farm prices would be inflated by the President's new gold policy and by the upping of industrial wages under the NRA. But he conceded that such inflation might be slow. "This is especially true of dairy and livestock products." he said...
...monkeys, canaries, racoons, crayfish, and sheep. Once in a while the farm receives rare animals from explorers and they have at present a South American quoquit which resembles a cross between a raccoon and an ant-eater. Also ench winter the farmers of Wakefield and Beading donate a hog for the study of diseases of swill-fed swine...
...Farm Administration announced a month ago that it would buy 4, 000,000 young pigs and 1,000,000 farrowing sows at a premium ($9.50 per 100 lb. for 25-pounders down to $6 on 100-pounders, and $4 a head flat on farrowing sows). Farmers expecting better hog prices next year cannily held back their farrowing sows, sold the Government only 200,000 up to last week. But so eager were farmers to be rid of young hogs that shipments poured in. With over 3,000,000 already received the Administration raised its quota last week...
...crop) next year. Said Mr. Wallace: "I am not worried about this emergency program. But I am terribly concerned lest the Corn Belt should fail to recognize how really dangerous this program can be unless it is tied up closely to a long-term program [reduction of corn and hog production next year]. . . . The after-effects otherwise would be disastrous to hog prices for the 1934-35 season and for some time thereafter. . . . The real solution must come from the farmers themselves. No fairy wand can be waved over agricultural markets so that they will receive better prices...