( no ) 



Our present policy is to encourage the feeding of wheat to 

 maintain the production of livestock. This is an expensive 

 and shortsighted policy. If there ever was a time in the na- 

 tion's history when there should be large stocks of wheat and 

 when such stocks should be increased, it is the present. A big 

 supply of wheat is excellent insurance against droughts that 

 are possible even though we hope that production will be 

 abundant. Later, rehabilitation will make heavy demands 

 on our stocks of all foods, and will depend particularly upon 

 wheat, the staff of life. 



The present policy is to feed the wheat reserves in an ef- 

 fort to keep livestock production at high levels, a policy 

 doomed to failure despite our best efforts to prod it along. 

 The inevitable result will be first the depletion of our stocks 

 of wheat and then the liquidation of our livestock. 



Sooner or later the nation will be forced to choose among 

 grain for rubber, grain for alcohol, grain for livestock, grain 

 for Lend-Lease, and grain for civilian consumption. There 

 will not be enough to go around. 



