Long ago—in the early spring of 1924—Congress embarked upon the task of succoring the farmer. Two plans were vigorously suggested: 1) the McNary-Haugen bill which provided for a huge Government brokerage corporation to buy the farmers' crops and virtually fix the market prices, operating expenses being paid by an equalization fee (crop tax), collected from the farmers; 2) the Norbeck-Burtness bill which would aid the agrarian by lending him Government money.
As everyone knows, these two bills fought each other to death. The Administration, being convinced that...
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