In the absence of any authoritative statement one can only try and guess what has been happening and what changes are about to take plac There is no guesswork however in the statement that the Administration been strict governmental planning of vehicles for transportation the conclusion would inevitably have been @rawn that only a small quantity of those expensive new motor cars would have been needed and only a small amount of steel would have been Jallotted their' manufacturers. But Since it was an age of free competition, private people like Henry Ford Jdecided how much steel they wanted. 'They probably worked. without plans," but they achieved results and to-day' American workers drive to the factory in their own cars Another school of thought looked Jupon the question as a matter of "balance". If a proper balance were maintained between Agriculture and Industry, both would benefit. At pres fent the farmer, industry's best cus tomer, is not receiving enough for his products to buy goods. The Agricul-{tural Adjustment Administration was set up to remedy this. The preamble to the Agricultural Adjustment Act states that it is designed to restore the valance between the two halves of the country's economy which existed between August, 1909 and July, 1914, was not the average farm prices of that period which the AAA. wished to restore but the ratio between farm Jand industrial prices which existed then. The end could have. been Jachieved by keeping agricultural prices stable and reducing industrial prices.
Text read from the printed page and cleaned; old type leaves the occasional error.