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Editorial October 16, 1928

The Bismarck Tribune

Bismarck, Mandan, Burleigh County, Morton County, North Dakota

What is this article about?

Editorial argues that bumper grain crops from Canada to Argentina are driving down wheat prices, causing financial ruin for farmers despite nature's bounty, highlighting the need to reform the agricultural economic system where plenty leads to want.

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OCR Quality

98% Excellent

Full Text

THE BIG GRAIN YIELD
One would think, offhand, that the man who makes
his living by raising food products on the farm would
be delighted with a big yield. The more the better;
seems quite reasonable.

But it doesn't work out that way. The wheat price
is going lower.

Simply because there are bumper crops everywhere
from Canada to Argentine. Nature is bountiful and
kind this year; and the result is that the men who de-
pend on nature's bounty are going broke.

That simple fact testifies more eloquently than any-
thing else to the fact that we need to do something
about the farm situation. Something is badly out of
joint somewhere when a year of plenty is a year of
want. At some place in our economic machine we
have quite perverted the natural order of things.

What sub-type of article is it?

Agriculture Economic Policy

What keywords are associated?

Grain Yield Bumper Crops Wheat Prices Farm Situation Economic Reform

What entities or persons were involved?

Farmers

Editorial Details

Primary Topic

Impact Of Bumper Crops On Farm Prices

Stance / Tone

Critical Of Agricultural Economics

Key Figures

Farmers

Key Arguments

Big Yields Should Delight Farmers But Lead To Lower Prices Bumper Crops Worldwide Cause Wheat Prices To Fall Nature's Bounty Results In Farmers Going Broke Year Of Plenty Becomes Year Of Want Economic System Perverts Natural Order; Need Reform

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