Caught between AAA pig purges and the historic drought of 1934, the pig population of the U. S. took a mighty tumble. In 1933, when little pigs first got the attention of Franklin Roosevelt's planned agricultural economy, the porker crop was a whacking 84,200,000. For 1935 the crop fell to 55,086,000 and pork prices soared (peak: $10.95 per cwt. in September). Since then the crop has increased every year but 1937.
Last week the Department of Agriculture, having canvassed hog-farmers in its semiannual survey, announced its best guess for 1939: a six-year record of about 83,000,000. Three days after the estimate...