A towering apparition of the 1928 presidential campaign was the Equalization Fee for Farm Relief. Urged by Senator Borah and other Insurgent Republicans, it was decried by regular Republicans as an economic horror. Under it, the U. S. would have bought surplus wheat from farmers at market prices less a fixed fee, shipped the wheat abroad to sell for what it would bring. The Government's losses on the transaction would have been "equalized" in part by the farmers' fee.
Last week the Federal Farm Board announced its own long-awaited plan to sell...
To continue reading:
or
Log-In
