Norwich bulletin., 1922-12-05

they will perfect their organizations and call to their aid men skilled in inter preting conditions which influence supply and demand. Better adjustment of farm
 ptoduction is worth striving for Both
 the farmers and the consuming pubic
 would be benefited through more stable 'roduction and therefore more stable prices"
 Picturing the plight of American farm CTS, Secretary Wallace said the produc- tion records of this year furnish a vivid illustration of the vitality of American agriculture and of the courage and hope 1 fitness of the American farmer.
 Losses Taken by Agriculture
 Certainly no other industCy could have taken the losses agriculture has taken and maintain Droduction,' he said. and we
 have no evidence to shoS that any other i group of workers would have taken the 1 reduction in wages in the spirit in which I the farmers have taken their reduction.
 Many thousands of farmers have not been
 able to weather the storm, notwiShstand- | ing theiC strenuous efforts. Thousands 1 who purchased land during the period of high prices have been obliged to give up the struggle, let their land go back, lose 1 al the money they paid for it, and start 1 anew. Many thousands of renters who
 had substantial savings invested in farm
 equipment and livestock have gone
 through the same experience, and have
 lost, everythi1lg.' Hopeful Aspects
 There are some hopeful aspects to the situation notwithstanding the continued low purchasing power 0 farm products Secretary Wallace pointed out
 It is fair to say that in general the
 farmers of the United States are in a
 better position financially now than they were year or eighteen months ago. hC
 declared. Farm products are selling al
 considerably higher prices, and it is essi
 mated the aggregate value of the crops il
 the country this year is about $1,250, 900, E 0G0 more. than last year Considerabl, quantities. of these crops will De fed ant the increased value will not be wholly recovered by the farmer, but the bar !; fact that such a large increase in none, will reach the farmery pockets this yea
 is most gratifying and reassurtng.
 Advance in, Prfoe of Cotton Helpful ii 'The advance in price of cotton Ina
 been most helpful throughout the cottoh Fl growing states.s Considerably hiGhe
 prices for wool, lambs and sheep have fe II suited in pulling the sheep industry ou
 of the slough of despond and setting it O. .I its feet again. Right, through the perio
 of depression hogs have been selling a
 considerably higher prices relatively tha : corn. On the whole, it has been fadrl 5 satisfactory year for datt1e feeders Cred conditions have improved and interes l rates have fallen -, - Another hopeful sign is the ,increasin 3 willingness and desire of people engage SIsVc~~ 4 ell help bring about more favorable aC n justment for the farmer Such peop, . are coming to9realize more and more u s meriace to themselves in conditions . unfayorable to agriculture as those of u 6 past thre years. Their attitude towaI | the farmer has changed from that of 0 benevolent paternalism such as was | q I much in evidence during the ten yea. e preceding the war They now understaI s more clearly that their own future y inseparably linked up with the farme h and that in doing what they can to he f him get on his feet again they are helpiI s themselves as well. =
 ,.i Cost of Distribution High
 h Tn relation to the price of farm produc
 at the farms and prices charged for far l. produces in the cities, Secretary Wa1lai e said the cost of distribution remains hig ; tnetsgi githsta an6ing. frequent violent denui ,i1 ctations of prcdteers in the cities. n part, this high cost Of distribntion,a !. I declared, Is scanasa by the multipi picaat c of distF4buting aeenoiss dugine. the ia a,sI six years in part by the increase in fs ' and supplies, but 1n lAtger part by Il .s higher waEea which employees in tho al it tr1butins business have becn able d filatutain, Id Taxes ea farms h most farming stat g. have more than deubiea and Is proving