Word: surpluses
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Dates: during 1920-1929
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They wanted to answer "Yes," but their respect for their reputations kept them from committing themselves. What they were strongly inclined to believe was that the problem of surplus agricultural products and consequent low returns to farmers had become predominant. Already that issue has involved the dormant tariff issue...
...Iowa a farm meeting called by bankers passed resolutions calling for disposal of surplus crops through a government organization. All thirteen Iowa Representatives in Congress were-present at the meeting. Representative Dickinson announced the preparation of a bill creating a Farm Commission to aid private organizations to dispose of surpluses of various crops, lending them Government money. Senator Capper worked on a bill for an export "corporation also to be aided by Government funds...
Farm Attitude. The farmers answer in effect that these considerations are not fundamental. Because of our protective tariff, all we buy is high priced. Because we have a crop surplus, the prices of what we sell are determined by foreign prices. We buy expensively and sell cheaply...
...Farmer's Pocketbook. The farmer wants to make a living. For him this is the basic fact. He sees the rest of the community benefited by the tariff, but the tariff does him no good because he has a surplus to sell abroad. What is he going to do about it? He asks in a louder and louder voice for price fixing?and Congress takes...
...other hand our sugar imports have increased 111% and imports of fruit, nuts and vegetables have increased 367% over what they were 25 years ago. We are fast tending to become a food importing country. There is every indication that to the next generation the problem of an export, surplus will be a ridiculous absurdity, and that their great outcry will be to keep down the high cost of agricultural products...