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Newspaper
Junction Eagle
Location
Junction, Texas, United States of America
Date
Mar 18, 1921
Page
3
Secretary Wallace urged higher farm prices to lift the economy, arguing it's impossible to return to prewar levels. He warned that keeping wartime prices would worsen debts and that restoring normal relations between agricultural and manufactured goods is essential. Farmers' financial distress risks broader trouble.
Wallace says farmers across the nation face a low mood as bumper crops must be sold below prewar norms. He asserts East misreads farmers plight, noting grain and corn belt values are only about 60 percent above prewar levels and denying calls for inflated land values.
Washington reports Easter Monday ceremonies at the White House grounds as egg rolling resumes after a wartime pause. Mrs. Harding plans a gala for Washington children with Marine Band music and personal supervision by the first lady, plus surprises.
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