Archive Report
Archive Report
To the casual observer a striking anomaly is presented by the continued unrest among large classes of American farmers and the unabated call for farm relief, in the face of official reports which record a steady recovery of American agriculture from the post-war depression. Progress is officially reported not only in better balanced agricultural production but also in advancing prices for most crops and especially in a continued improvement in the relationship between the prices of farm products and non-agricultural commodities.
The Secretary of Agriculture points with satisfaction in his annual report for 1927 to the fact that on September 15 the farmer's purchasing power1 stood at 92, with 100 representing the average for the five years preceding the war. Compared with an average of ...