Wallace Sees Farm Aid Stakes In Inflation Debate
Secretary Wallace argues the farm boom hinges on farmer action amid inflation plans and holiday protests. He warns against violence while outlining price-fixing debates, proposed licenses for packers and grain buyers, and potential compulsory production and marketing controls.
Farm plan key to lifting corn belt says Wallace
Wallace urges adoption of the Roosevelt corn hog program and monetary actions to raise farm prices. He cites expected $350 million in corn belt payments and $75 million for Iowa, and argues inflation supported by government policies can restore farm income while labor and agriculture must advance together.
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