Evening star., 1934-11-01
HARMONY TERMED
A. A. A. OBJECTIVE
Administrator Explains Aims
IN Address in Radio
Forum.
fContinued From Page 81

commodity programs. And yet the
processing tax collections as Of that
date exceeded that amount by some
thing like $ss,ooO,ooo. OF course,
sometimes the collections are ahead
OF the payments and sometimes vice
versa, but they are designed to bal
ance up in the end.
These payments are simply one part
Of the farmers income for his prod
uct. He gets part Of his pay for his
crop when he delivers the crop; he
gets the rest Of 1t later in the form
Of his benefit payment, II he has CO.
operated In the adjustment program
1t Is in no sense "dole." It is SIM
ply a part Of the earned income to
farmers for their production, earned
income paid by the consumer who
enjoys the product.
Naturally enough, the consumer is
interested in knowing how all this
affects him. Where the cost of raw
material produced by farmers is a
small factor in the consumer price of
the finished product. the processing
tax does not greatly influence the re-
tail price. 1t adds greatly to agri-
cultural purchasing power without
greatly influencing consumers cost.
The wheat tax raises the price of a
loaf of bread half a cent. The cot
ton tax raises the cost of a shirt
less than a nickel. But the farmer S
true price has tripled for wheat and
dorhlod for ooffoyo
Farm Income Leaps.
You may be interested to know that
the estimated total farm income for
the United States for this year-the
most disastrous drought year in his
tory-is nearly billion dollars more
than it was last year. It is 81, ZOO 000,-
900 more than it was two years ago.
We have to go back to 1880 to find a
total farm income larger than this
year's-in spite of the disastrous
drought. I believe this is good evi-
dence that the farmer Is working his
way back National self-interest will
be served by supporting him in his
drive for fair exchange prices for his
crops.
I. find that my time has nearly
slipped away, and that what I have
been discussing is really but one phase
of the general agricultural program.
Much of it has been purely Of emer-
gency character. In the face Of dis
appearing markets, meat animals on
the farms had reached unprecedented
numbers and prices were at the van
ishing point on the farm. When
drought caused q feed shortage even
lower prices were in prospect because
there were more animals than could be
fed.
Emergency live stock purchases, the
employed, were the logical alternative
to do-nothing policy. As a result the
live stock industry is establishing for
itself basis of future prosperity-and
in the not very distant future at that.
II now, by cooperating in their pro-
ductive effort, live stock breeders and
feeders can achieve and maintain a
rough balance between feed supplies,
market demand and live stock num-
bers, both the Nation and the farmers
will be infinitely better of.
Can Hit Feed Balance.
The Agricultural Adjustment Ad-
ministration believes that q controlled
production will establish q better bal
ance between feed and live stock from
year to year and prevent the necessity
for such drastic and unwelcome cor
rective action in the future.
Helping to soften the blows Of q
calamity il one way to serve humanity