The Burden of Farm Mortgage Debt

Archive Report

Change of Direction in Demand for Farm Relief

Failure of General Farm Relief Legislation in Congress

Prices of livestock and certain other farm products have recently recorded encouraging gains. Signs of betterment in the general agricultural situation have not yet appeared on so impressive a scale, however, as to promise a cessation of demands for further farm relief. Congress enacted legislation for the improvement of agricultural credit facilities at its last-session, but defeated bills embodying the equalization fee, the export debenture, and the domestic allotment plans of farm relief. According to O. M. Kile, an agricultural economist who formerly was a staunch advocate of these schemes, the time has passed when either the equalization fee or the export debenture plan can be expected to work out ...

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