RELAXING CONTROL
U.S. FARM PRODUCTION THREAT TO WHEAT TRADE WASHINGTON, Dec. 13. In the Department .of Agriculture’s annual report, Mr. Henry Wallace informed the President that the period' of drastic reductions of farm output and the production control is no longer necessary, but added: “The control principle has, nevertheless, permanent as well as emergency uses.”
Commenting on the control programme in relation to wheat, he says: “Lacking world co-operation, the United States will have to reconsider the whole wheat programme, and possibly may contemplate renewed production for export at highly competitive world prices. The return to wheat farmers within the United States could be maintained above world levels through making adjustment payments under the Agricultural Adjustment Act. Now that the wheat surplus depression period has disappeared we must adjust production with an eye to the whole situation, both foreign and domestic, and' should not commit ourselves to a programme of indefinite restriction regardless of conditions abroad.”
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Bibliographic details
Poverty Bay Herald, Volume LXI, Issue 18580, 14 December 1934, Page 5
Word Count
156RELAXING CONTROL Poverty Bay Herald, Volume LXI, Issue 18580, 14 December 1934, Page 5
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