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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.
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.
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