U. S. farming weather has been so perfect this spring that even green telephone poles around Franklin. Neb., last week sprouted leafy branches. A more alarming manifestation of fertility are bumper crops impending in almost every State. With farm prices already 20% under last year, not since 1932 has the outlook for the U. S. farmer seemed more ominous. Hence, when Washington newshawks waited one afternoon last week for the Department of Agriculture's definitive June 1 estimate of 1938 crops, commodity exchanges all over the U. S. were jittery. The figures that correspondents...
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