A Letter From The Publisher, Apr. 4, 1955


One of the most baffling problems of our day is posed by the fact that the U.S. is producing too much food. This domestic overabundance in a world of shortages presents us with a serious economic and political question—what to do with our surpluses. Most suggested solutions to this home-grown problem have the tendency to affect a dairy farmer in France as well as his counterpart in Wisconsin, a wheat-grower in Montana as well as a sheep rancher in Australia.

That is the subject examined in TIME'S business essay this week. It is typical of the kind of knotty question that TIME'S...

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