246 THE GREEN RISING 



price of land must bear some direct relationship 

 to unit production expressed in monetary terms. 

 Otherwise, the farmer will be confronted constantly 

 with the problem of producing sufficient yields to 

 enable him to sell his product at a fair price above 

 the cost of production. This is exactly what has 

 happened in recent years, and the inability of 

 farmers to make a profit on high priced land has 

 resulted in the decline in land values. 



There is need of better coordination of state and 

 federal regulatory agencies. This is necessary in 

 order to eliminate duplication of effort and conflict 

 in the administration of agricultural laws. It is 

 equally important to coordinate commodity associa- 

 tions and the various credit agencies. There was a 

 time when farm credit was limited and interest rates 

 exorbitant. Credit facilities are adequate today 

 but the farmer needs to make a wiser use of loan 

 facilities. This can best be brought about by better 

 adjustment of productive associations and credit 

 institutions. 



Serious consideration needs to be given to equal- 

 ization in benefits of subsidies if this policy is to be 

 continued. The tariff is essentially one form of 

 subsidy. Tariff schedules, as we have seen in pre- 

 vious discussions, have been a continuous source of 

 irritation because of their unequal benefits to the 

 different classes of producers. A better adjustment 

 of tariff rates needs to be made. The recommenda- 

 tion of the National Agricultural Conference of 1922 



