( viii 



point values, 196 ; vs. price ration- 

 ing, 191; wasteful of manpower, 

 198 



Regimented economy : administra- 

 tors untrained, 222; appeasement 

 difficult, 226; arrays class against 

 class, 230 ; benefactions equal State 

 power, 203; checks and balances, 

 232; complete control impossible, 

 183; conflicts, policies, bureaus, 

 czars, and public, 224, 225, 226; 

 controls hobble economy, 183 ; few 

 patterns possible, 223 ; means more 

 controls, 10; new bureaus neces- 

 sary, 224 ; public not trained, 228 ; 

 results of planned agriculture, 57; 

 state welfare organization, 203; 

 training for, 221 ; vs. free economy, 

 239 



Regulations, simplicity, black mar- 

 kets, 214 



Rehabilitation: not met by feeding 

 wheat to livestock, 130; raises 

 prices, 186; sources of food for, 

 128 



Revolutionary War, effect on U. S. 

 prices, 159 



Roosevelt, F. D., unemployment, 123 



Rubber: and wheat, 12, 109; petro- 

 leum vs. wheat, 109 



Russia : inflationary gap, 171 ; ration- 

 ing, 193 



Russo-Japanese War, effect on world 

 prices, 158 



Sale of farms, and food production, 



34 

 School teachers: want more income 



and low prices, 235; war reduces 



standard living, 167 

 Schultz, T. W., scrape bins, 89 

 Scoville, G. P., vi 

 Scudder, M., vi 

 Secretary of Agriculture, see Wick- 



ard, C. R. 

 Shaw, L. N, vi 

 Shishkin, B., 230 

 Shock absorbers: and variable pro- 



duction. 97; diversion to and from 

 industry, 98; imports and exports, 

 98, 103, 104; livestock, 98, 101; 

 middleman's role, 137; short and 

 long time, 98 



Shortage, food, cause of, 13 



Smith, J. R., 113 



Soap, shock absorber, 106 



Soil, good, in use, 55 



Soil-conserving crops, 57, 58 



Soldiers, cause shortage, 14 



Soybean-corn ratio, shifts produc- 

 tion, 63 



Soybeans : importance of, 56 ; uses of, 

 106 



Spanish-American War: effect on 

 U. S. prices, 159; effect on world 

 prices, 158 



Spanish Revolution, effect on world 

 prices, 158 



Squealometer needed in regimented 

 economy, 237 



Stabilization : and rising prices, 181 ; 

 in 1942, 93 



Stalin, Joseph, 172 



Stamp plan, 122, 123 



Standard of living: decline due to 

 war, not price rise, 169; increased 

 by production, 174; not improved 

 by redistribution of wealth, 174; 

 reduced by rising food prices, 167, 

 170 



Starvation, occurs where little live- 

 stock, 102 



State benefactions equal State pow- 

 ers, 203 



Steel diverted, food to munitions, 3 



Stocks: amount (1939), 99; food, 

 running low, 109; in form of live- 

 stock, 100; no cheap way to carry, 

 100; not surpluses, 98; seasonal 

 shock absorbers, 98 



Strategy, see Policy 



Subsidies: anti-social, 200; consum- 

 ers, 9; encourage consumption, 

 200; England vs. United States, 

 201; expensive, 187; Lend-Lease 

 and England, 202; low ceilings vs. 



