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inois Agricultural Association 



RECORD 



Volume 13 December, 1935 Number 12 



The President at 

 Chicago • 



WHEN the President comes to 

 Chicago December 9 to address 

 the annual meeting of the Amer- 

 ican Farm Bureau Federation, he may 

 well feel proud of the results of the 

 recovery program which he, the con- 

 gress, and the co-operation of some 

 3,000,000 American farmers made pos- 

 sible. 



He will find in Chicago — the agri- 

 cultural capital of the country — many 

 signs of returning prosperity. He will 

 find no grass growing in the streets 

 for those streets are filled with shop- 

 pers with money in their pockets. 

 Streets that were quiet three years ago 

 are jammed with trucks hauling goods 

 for farm destinations. The steel mills 

 of South Chicago and Gary are smok- 

 ing again because farmers are buying 



automobiles and farm machinery. The 

 mail order houses and department 

 stores are beehives because farmers 

 are getting a better break in exchang- 

 ing their products for manufactured 

 articles. 



The President will be greeted by 

 20,000 farmers grateful for the fact 

 that he took their program and said 

 "OK." That program has proved sound. 

 It has accomplished largely what farm- 

 ers said it would accomplish. There is 

 new hope and optimism on the farm 

 today because of it. Farmers at last 

 feel that they, too, have a part in the 

 American protective system. 



It is clear to all informed people, and 

 admitted by all biit the politically- 

 minded, that the unfair exchange value 

 existing between farm and non-agri- 



cultural goods three years ago was at 

 the bottom of the depression. The crop 

 adjustment program, together with 

 monetary reflation were aimed at that 

 problem. They have gone a long way 

 toward correcting it. Food prices are 

 somewhat higher but so are factory 

 payrolls. The 1934 drouth coupled with 

 three years of ruinous hog prices re- 

 duced the meat supply. But that has 

 its good points. At least it brought a 

 new appreciation of pwrk chops, bacon, 



International Livettocli Exposition Amphitheatre in Chicago where P'-es!'^»nt will speak at opening session of American Farm Bureau Federa- 

 tion Meeting, 10 A. M. Monday, Dec. 9, 



DECEMBER, 1935 



