The Waterbury Democrat., 1944-10-14

up ny human pe~ ingS, livestock and machines than the economists ever thought possible,
 Milk consumption is an example, For years the nutrltloniStS have been telling people that milk waS tho best food in the world This wasn't wasted effort, but 1t didn't do nearly as much good towards increasing milk consumption as the increased purchasing power of the country, As soon aS people got more money to spend, they started buying more milk,
 Demand for farm products has been greater than the supply, all through the war, Bureau of Agrieul- tural Economies, in its latest "De- MAnd and Price" report, says that this present high demand is going to continue, even though there win be big changes in tho general buSi- ness situation after end of the war in Europe,
 FARMERS ALL SET FOR
 FIRST TWO PEACE YEARS
 One thing certain is that the farmer himself doesn't have to wor- " about farm SurpluSeS for two full calendar years after the declared end of the war The reason is that the government has assured farn- CTS % per cent of parity loans or better on l66 farm products eonsid- cred essential to the war effort,
 In establishing those support prices, Congress took the line that 1t was necessary to give the farm CTS sufficient incentive to produce all this stuff and to make sure that the bottom would not drop out of the market when the war was over, as 1t did in 1919. causing the finance eial ruin of hundreds of thousands of farmers,
 As to what the government will use for money in making loans at these support prices for two years after the end of the war, there will have to be additional appropriations when lend-lease and military buying end, But as Congress has dread" authorized this expenditure, few people have any doubt that there will he the necessary appropria- tions when needed, even if the cost goes to Q couple of billion dollars Q year,
 What the government does with all the surpluseS and stookpileS left over at the end of the war is some. thing else again, The government is now authorized to sell SurpluSeS abroad at world market prices, talk ing Q loss if domestic prices are higher, Many war Surpluses are even now being sold back to the trade.
 But the real solution to the sur- plus problem Is expected to be in in- creased home consumption, and that brings you right back to the ire. quehtly expressed need for main. taining full employment to keep up purchasing power,
 IF SURPLUSES COME,
 so WILL CONTROLS
 If surpluses do get out of hand c couple of years after the war, the only solution now known will be seme form of marketing or produce ton control and-euriusly enough this Is just where the Roosevelt ad- mi a!strution came In l2 years ago when there was too much farm pro- ductIon and too little consumption,
 On the five basic crops-Whea', cotton, corn, rice and tobaoeo | framework for marketing controls established in the early days of the New Deals is still on the books, These controls haven't been used during the war--eXoept on tobacco, to keep 1t from erowding off the land other more needed farm pro duets.
 But if, before the May of any year, the Secretary of Agriculture shall determine that the supply of any of the basic farm crops Is greater than the sum of the domestic con- sumption plus export plus Q 30 per cent reserve, he may order vote among producing farmers on wheth. CT to establish crop controls, If more than tWo-thirds of the farmers Vot- ing decide In favor of controls, then they 90 In effect.
 Extension of this system of con- trols to other than the five basic crops, Is being studied. It Is Some- thing like this that Is counted on to reduce production, if and when the surpluses get out of hand.
 And 1t doesn't make any differ- once who gets eleeted--Dewey or RooSevelt-either will have to face