Eisenhower Says No

April 1956
New Republic;4/23/56, Vol. 134 Issue 17, p3
This article presents information on the vetoed farm bill in the U.S. The President is proposing only three limited remedies: price supports to achieve an average of 82.5-percent parity in 1956; and a soil bank bill stripped of any new price-support features. For the farmers who are hurting the most, the President's remedies are not likely to be swallowed cheerfully. A rise in farm income produces a proportional increase in farmers' purchases in market towns and boosts such industrial purchases as farm machinery, trucks and chemical fertilizer. But the bill which the President vetoed would also have meant higher prices in the grocery store, a break in the almost stable cost of living index, and a tighter squeeze upon retired people living on fixed income.


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