Within two years after Germany's defeat, the U.S. will suffer another serious agricultural depression. Once the Allies return to their more normal sources of food supply, huge domestic surpluses will break farm commodity prices right through the Government support levels and will change the U.S. farm problem back to its old form of top-heavy supply.
These predictions hit the ears of the Citizens Board of the University of Chicago like a series of rock-filled snowballs. For the prophet was the University's Theodore W. Schultz, professor of agricultural economics, adviser to the United Nations Food Commission, economic consultant to the Lend-Lease Administration, and...
To continue reading:
or
Log-In
