FARMERS: Cotton & Bread

Raising its ugly head last week, avarice threw a bad scare into the Agricultural Adjustment Administration. The South reported to Washington that cotton planters, hungrily watching their product go to 10¢ per Ib. for the first time in two years, had agreed to destroy less than 6,000,000 acres of their current crop under the Domestic Allotment Plan. The Administration wanted 10,000,000 acres (estimated at 25% of the total yield) plowed under or left unplucked, for which it was prepared to pay "benefits" to be collected from a cotton processing tax as yet...

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