Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-10-26
Trade Trend and Outlook
Leader Of Sugar Industry Believes Better Business
Waits Upon Relief of mployment-Suggests
Reduction in Taxes as Remedy.

couldn't hope to pass such q law.
But practically the same result could
be achieved by appropriating money tc
be lent to farmers by the Government
at so much per acre on crop mort
cages, making as q condition for loans
crop limitation and diversif1cation. The
United States Department of Agricul-
ture has officials In every county, 1t has
the farms of the Nation plated. II
knows from its records of soil ANALYSIS
and climatic conditions what can best
be produced in any given area.
1t is In position to utilize thi:
knowledge, in the making of loan con.
ditions, to aid the farmer In solvfne
his own problems and in so doing tt
help the business and industry of the
country at large. Experience shows thai
| the only time the farmer gets gooc
prices Is when the demand is equal tt
the supply II the price of one product
is good one year 1t invariably follows
that farmers increase the planting Of
that crop the next year, and the
bottom drops out Of the market as Q
consequence.
Crop Diversificatlon.
The farmers have no way of know
ing what others are planting, con-
sequently overproduction of one OF
Quitting the market. Diversification OF
crops under some directing agency
would help solve the farmers problem
Government money lent to them
under the terms have set forth, would
stabilize production and put agricul-
ture on sound basis. Such loans on
crop mortgages would become a revolv-
ing fund and require no further taxes
In aid of agriculture.
Although the farmers plight has
been serious, and still is, the retail food
industry has held up we'll during the
period OF depression. People must eat
whether times are good or bad. They
can do without the Injuries, and even
certain necessities, but they must have
food.
Wholesale food prices as a group in
September were some Is per cent under
the corresponding month last year, al
though they were per cent over the
average price for August, according to
available Government reports. Chain
store sales in foodstuffS, according to
reports. showed only a very slight drop
in September from the previous month.
but this may not mean anything for
there are no figures available for all
the grocery stores In the country.
Generally speaking I should say that
there has been little reduction in the
IOod store business.
While those in the United States have
been having their difficulties, the peo-
pies In some other lands have suffered
much more from the general depression.
The United States has built up tariff
walls, and in doing so has laid itself
open to reprisals from foreign nations
Some manufacturers, to beat the game,
are opening plants in other countries.
plea FOE rou~krwc%ivn plou
BY this policy they are decreasing the
export business and the outlets for the
production of their factories in the
United States. Their production in the
United States will of necessity go down,
and their overhead charged against less
production, will increase the cost Of
articles produced.
The United States has been facing a
serious situation, and will continue to
be confronted by it until constructive
means are found to remedy matters
The country might as we'll look the
facts in the face and strive to deal with
the problem intelligently and thor
oughly.
I am not pessimistic regarding the
future. The United States has wealth
cred successfully other periods of de-
preston. 1t will do so again. But the
country needs to develop courageous
leadership and progressive and intel
ligent program in which business, labor
and the Government will cooperate to
get the best results in the shortest time
(Copyright 1890, by North American News
paper Alliance