The Tempest over Wallace

Thatcher, M. W.
August 1954
New Republic;8/16/54, Vol. 131 Issue 7, p22
This article presents information on economic aspects of U.S. agriculture. The tempest over what Henry A. Wallace was supposed to have said about the present farm price support law reached the author even before the author had a chance to read what Wallace actually said. As fans of the periodical "New Republic" may or may not know, the tempest started with a cover-blurb ballyhooing Wallace's article, "Why Flexible Price Supports Will Best Serve American Farmers." That cover-blurb, the author told himself, doesn't sound like the Henry Wallace the author knew 20 years ago. Wallace feels that for the long pull, a reasonable price for corn should be closer to a ratio of $1.30 a bushel, with $17 a hundred for hogs. On the basis of cost sheets the author has for wheat and other grains, the author doubt very much if a lower support price would be desirable for the agricultural economy. The concept of parity is too sound to have it abandoned overnight. Rather than compromise it by saying 80 percent of parity is a fair price for corn, and thus weakening the entire parity concept and structure, it would be much sounder to revise the parity formula for crops that seem out of line so as to accurately reflect current agricultural requirements.


Related Articles

  • Man with a Hoe.  // Time;11/26/1965, Vol. 86 Issue 22, p32 

    An obituary for the former U.S. Vice-President Henry Agard Wallace is presented.

  • Wallace and the Far East. Liang, Hubert S. // New Republic;7/10/44, Vol. 111 Issue 2, p48 

    Presents a letter to the editor on pronouncement by U.S. Vice President Henry A. Wallace, published in this issue of the periodical.

  • Is Secretary Benson Right?  // New Republic;4/26/54, Vol. 130 Issue 17, p3 

    This article presents information about a debate in the United States Congress regarding a proposal by the U.S. Secretary Ezra Taft Benson. Debate is beginning in the Congress on the Administration's farm program. It centers on the dispute between advocates of rigid price supports and Secretary...

  • The Big Berthas of Agriculture. Cook, Louis H. // Saturday Evening Post;8/5/1933, Vol. 206 Issue 6, p23 

    Discusses the implementation of the Farm Adjustment Act in the U.S. Problems associated with the administration of the bill; Authority given to Agriculture Secretary Henry A. Wallace to license business dealing with farm products; Impact of the law on farm purchasing power.

  • Lord of the World. PARSONS, WILFRID // America;12/30/1933, Vol. 50 Issue 13, p297 

    The article reflects on the statement of U.S. Secretary of Agriculture Henry A. Wallace reiterating that the hearts and minds of men are best attuned to God and humanity through the continual celebration of the Mass by the ordained Catholic priests, who also have the duty to receive and...

  • One Farmer to Another.  // Time;10/9/1950, Vol. 56 Issue 15, p23 

    A letter is presented from former U.S. Vice President Henry Wallace to Chinese Communist leader Mao Tse-tung urging China to consider a peaceful understanding with the U.S.

  • SIXTY MILLION JOBS (Book). Lester, Richard A. // Social Forces;Mar46, Vol. 24 Issue 3, p358 

    Reviews the book "Sixty Million Jobs," by Henry A. Wallace.`

  • "Keep That in Mind".  // Time;Mar1954, Vol. 63 Issue 9, p20 

    This article reports on a speech delivered by former U.S. Secretary of Agriculture and Vice President Henry Agard Wallace during a farm meeting in Des Moines, Iowa, in 1954. During the speech, Wallace recommended a flexible price-support system to sustain a granary program. He also addressed the...

  • WILL THE NEW DEAL'S POST-WAR PROGRAM PROVE PRACTICABLE? PRO. Wallace, Henry A. // Congressional Digest;Oct42, Vol. 21 Issue 10, p237 

    Presents a speech by Vice-President Henry A. Wallace, delivered before the Free World Association in New York on May 8, 1942, arguing in favor of the post-war peace aims of the United States.


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics