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...most interesting case is that of Senator McKellar. This ardent champion of making the foreigner pay regardless of the consequences is a representative of the State of Tennessee. According to the World Almanac, Tennessee is primarily an agricultural state producing lumber, tobacco, cotton, corn and cattle. In 1930 it appears that of the total American production of tobacco 40% was exported, of cotton nearly 45%, of lard about 29%. It is plain, then, that the prosperity of Tennessee is intimately dependent upon a flourishing foreign trade and upon a recovery of world prices...
This appointment made Washington gasp. Mr. Pomerene, a solemn, bookish man with a Websterian manner, whose hobby is growing early table corn, is not a banker. He is not a famed executive. While he made a good Senator, his name, it was claimed, was not familiar enough to inspire nation-wide confidence...
...Corn...
...cart. In Iowa where 13 million hogs are born and fattened every year, the rise from June 1 to last week's average price made a difference of $40,000,000 figuring each hog at 240 Ib. Another boon to hog farmers has been the low price of corn. It is generally assumed by farmers that they can make money if they can sell their hogs at a hundredweight price ten times higher than the cost of a bushel of corn. Corn on the Iowa farm last week was selling at 20-21¢ a bushel while hogs...
Agriculture, The Farm Board was flayed for "stabilizing wheat from $1.25 per bu. down to 30¢, corn from 75¢ per bu. down to 20¢, cotton from 15¢ per Ib. down to 5¢, wool from 20¢ per Ib. down to 7¢" at a public cost of $500,000,000. But Senator Barkley's only concrete suggestions were to lend the farmers more money like "other forms of industry and finance" and to "take the Government out of the dubious adventure of speculation in farm products...