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May 16, 1957 The Mount Vernon Hawkeye-Record | |
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Mt. Vernon, In., Hawkeye-Reeord
mad The Lisbon Herald
2
Thurs., May 16, 1957 rage
The Hawkeye-Record
The Mount Vernon Hawkeye
and The Lisbon Herald
104 2nd Ave• North, Mount Vernon, Iowa
Official Newspaper Mount Vernon and
Linn County
The Mount Vernon Remarker
Founded in 1893 by Minard Lazier
The Lisbon Herald
Founded in 1894 by W. F. Stahl
James W. McCutcheon
Editor and Publisher
Published at Mount Vernon and Lisbon, I ADELE ADDISON, FESTIVAL SOPRANIST, chats with Elmer
in Linn County Iowa every Thursday. I "'" . . . • • e ~
Entered as second class mail matter at the /yUller aurmg the recephon g~ven Tar her, tar other artists of the
post ofhce of Mount Vernon Iowa and'
• , , festival and for all fest,val-goers on May 2nd in Armstrong
Lisbon Iowa. i " t
' . ...... Hall. Hostesses for the affair were members of the local Woman s
~uDscrlpIlon Kate ,-, . . . •. •
1~luo, wno maKe mls an annual gesture of welcome to patrons of
ONE YEAR in Linn and adjoin- J the musical event
ing counties ...... $3.00 I ..................
ONE YEAR, outside Linn and ad-t [ "r'l P' • IP
;oinin" counties $3 50 gave the welcome, Vince Wolrab the r/hrl I-~/~l~/~ml/~e /~4"
' .... '~ ............... ];esp:2se and Dick Bowman wasl|"~ Lb~/Hgllllb~t Ul
L. L. Jurgemeyer Should the O e estahni aisnh c essio The Farm Problem
Make Good Chairman out a temporary mail box to recgv~e By KARL KETTERING,
• this letters. A Mrs. Jenny Wren has l Lisbon, Iowa
Iowa Republ.~cans have made a!again moved into the regular metal l (Mr.Kettering was formerly:
gooa .semcnon m L. ~..ourgemeyer ~one and is busy negotiating twigs i Professor of Economics at Kan-
of Chnton as state cnmrman 1 I sas 1
. ~'~ . " 1, nto it for a nest. Can't see why she, C ty University, Indlan~
wir Jurgemeyer ~s a very capame
• should think otherwise than that~ University, Marquette Unlver-
attorney who so far as we know it had a For Rent sign out because sity: Economist, Office of Price
B. Farmers will naturally try4. It destroyed the financiall Seems strange! Way back when-- iC. When farmers have sur- Who should help get the job
to produce more when unit hopes of millions of farmers--lbefore 1930---that part of the farm- I pluses Benson lowers farm Everyone who has a a ea~
price supports•
prices are lowered -- they sent them to the wall--bank-/ers' regular, normal, abundant pro-~ !butter interest in farm irc ,m,
have to raise more -- to ruptcy, disaster. .eiuction went into regular, normal~D. This adds up to more fun- Everyone who depends on
meet rigid or rising costs, This was the "payoff" for that I export channels--paid for with cash ! ny business! ! purchasing power!
mostly rising costs, segment of our economy who onthe barrelhead... : . i No wonder some farm leaders are l 1 Every chamber of
4. The scheme actually encour- had been the stalwarts in a ~ow--±na~ same par~ of the zarm- ~ demandin- 100 -or -ant -arit--~ J ' " -- " "
p *: p y. --lack oz zarm
ages surpluses! system of free enterprise• r ' "
e • oroductmn--so-called surplus--~ The hav au h n • " ..... 1----'---~-
] ............ t y e c g t o to ~hat ssl power na~a~reauy
What was the result of the first Was that fair? is anowe~ ~o pne up mountain mgn,goin on ' " ^~ ---an on
• "~ " I g . smallbusm=~ .,
year of flexible supports? 5. It threatened the economic ~.n uovernment b~,n,s-y-then exported, Lack of farmpurchasing powerI skids. .,
Greater surpluses than ever! existence of certain European m me mare, as ' g~ve-aways' and i is again a threat to national pros- I 2. Every manufactun~r )f
With a hot potato on their hands nations--was the chief cause for "funny money'' currencies, parity--lack of auto sales--small! m a c h i n e r y a~o: trt
the flexible promoters quickly of World War II. ~unny t)usmess' I business on the skids--big business feeds, etc
grasped for another scheme to res-6. Here is how it all came about! Others (there. are many more) i profits slipping--stock market slid- I 3. Every labor union.
cue them from their precarious po- Foreign nations--good cus- iunearnea unneeaed and unjustified! in~ ! ~,,~,~ ~ ...... ,~ +~,~ |s
sition. This time it was to be the tamers for over 200 years--17;eV~fn~:nttmds/oo~he::s~ha:raddi T',ooks like another date with dis-!nin;out! ...................
Soil Bank that would turn the trick, j were angered by the 1930 Tar- g Y . . • i aster! ! Restore farm purchasing l~
After a late start the Soil BankI iff--they shifted their buying 1. Tax ..~mmumty to large co.r-I Will the farm problem ever bebefore economic disaster ~g
was on its way. With the greatest] to other nations. This result-poranons SUCh as gas ann on ~solvedq .....
drouth of modern times to aid thel ed in: These unpublicized subsidies Not until the Government co s] ~g~m.
Soil Bank in reducing production[ . ~ ac rd __~
and surpluses the year ended with: I A.U.S. wheat exports declin- revolve tremendous sums. I the farmer an economic status equalI ........
The greatest surpluses ever! ed 91%, 1929-1935. All this 2. Certam.mdustrmhsts get Gay-Ira other economic groups, iFrom Our Subscriber=
ernmen~ contracts with built-I Not until the Government solves l
The greatest corn surplus of all in the face of the fact that in profit guarantees, j the farm problem it created:i RALPH CARHARTS MOVE
time! I world wheat consumption
Why all these failures? actually increased during 3. Actual .aid to monopoly inI How can the Government make a! Mrs. R. R. Carhart, the f0~
What is the matter anyhow? I this period! some instances -- atother!good start? I Ethyl Kyle of Mr. Vernon, w
times, failure to deter monop- i By restoring the farm export! of a new address at 318 St. A~ai
B.U.S. cotton exports declin- oly in increasing Prices.i markets it ~ook away in 1930. i Road, Newport Beach, Calif~
The matter is that the boat hasI ed 72%, 1929-1934. But look
been missed in analysis of the farm] at this! World consumption A. Present difficulty over oil! Why didn't the farmers demand says: "My husband has retire .
problem--failure to distinguish be- I of cotton increased 8% in companies raising prices is this long ago? i we are moving to where we'll l
tween cause and effect,-- a clear~ this period! a good example. I Most farmers do not understand!less smog and less heat th~i~
indication of a lack of economic C. Same story in meats--77% B. When oil companies have, economics• Very few people help have had in South Pasadena
understanding! drop. surpluses they raise prices.them to understand. I we have lived since 1930."
The surplus is not the farm prob- D• All this resulted in great
lem. loss of farm purchasing
The surplus is the RESULT of power. It was the greatest
the farm problem! ' single factor in bringing on
The basic farm problem is: Too the greatest depression of i
much Government economic aid all time. No farm purchas-
did a very satisfactory job as second
there in front is cut out a nice~ Administration, Washington, D. to other economic groups!
ing power--great unemploy-
district chairman•
Our only contact with him was
in a meeting of Republican weekly
editors from the south part of the
second district held at Monticello
a year ago.
He listened patiently and atten-
tively to the minor gripes of the
editors about the Republican party
which included a range of subjects
from Benson to the size of paper
on which news releases were print-
ed.
He made notes of each subject and
followed up to the extent that a
number of the suggestions were put
into effect.
The iv mI er il whic~ hi cot duct-
ed him., .qf mac e a f~ vo abL~ im-
pression on this writer at the time.
round peek hole! C.) These economic groups are the
__ Du I ones that are now riding high and
We nave aear6 cm handsome on the prosperity band-
ter--tt is on,~ a r~ viol wagon while farmers--especially
en the rim of a basketball haas on lcorn farmer is now generally re- corn farmers--are facing confusion
a garage as her nesting nlace ~Th {garded as critical and facing possi-lfrustration and in many instances
o o o ,- . e . . ,.
boys at that house thought at first!ble disaster, t fmancml distress.
that a sparrow was startinga nest, All this in the face of the fact These same economic~grou
and so were not dismayed to knock that Government farm legislation riding high on Governraentns reaidain
it off The next day the beginnings]has been enacted twice in the last the form of unneeded un ~rt
• . , earn__,
of a new nest were seen and the'few years• l undeserved, and uneconomic sub-
robin spotted. Today she sits in What. . is. the matter~. How. could sidles often direct sometimes hid-"
peace and the young folks are wait- tMs s~tuatmn come about w~th farm den amounting to great sums of
lag to see fhe little robins teeter leaders who are supposed to know imone ....
• . . Y-
carefully on the hoop before taking their husmess and a President and ,,.~. _ , ........ . •~ .
off for their initial flights• Congress supposedly knowing whatiot~ers A72'a23e~CTrn:mm~CdoaulsTy ~o
as good for the farmer What is go
--- ' • " -i the farmers' costs. Ninety per cent
Nc ~, just as we ,~o to pr, ss an
item comes to my desk and I find
merit -- factories closed
great distress! I
Here was a simple lessonl
in economics! I
Farm purchasing power ]
is basic in sound national]
prosperity. I
Prior to 1930--no farm programs]
--no farm controls---no acreage re-'
strictions--no soil banks--no pun-
ishment for "sins" of production--
no referendums -- no subsidies.
None needed! That was wonderful!
Ah, the good old days--when hu-
man freedom, was also economic
freedom--for the farmer!
You l never imagine how many uses Amedoa Favorite wagons have'til you e seen our
The manner in which he conduct-
ing awry~
ed himself made a favorable im- Now, just as we go to press, an . " ...... i of the decline in net farm income
A Httle economm anmysm o~ me idurin_ the ast few ears has been
pression on this writer at the time• .~m ccmes to my d~sk md I nd g p y
farm problem may prove to be of
The new chairman, who is oneit wasn't the film which brought some help• An Eastern educatmnal" due~.,~,,to increased costs of farm op- ~ ~;~`..~.~..~:..~~~;~!~;~+~~;~:;~!~;~;~;~~;~;~;~}~.:~:~;{}