Abstract

Editorials

The U.S. Congress is again considering the troubles of the farmer, considering them, that is, in the easy, carefree way in which Americans usually consider troubles which are not their own. The McNary-Haugen plan for raising the prices of farm products having finally been sidetracked, of legislation, which will do the farmer, or anybody else, either much good or much harm. Every time the U.S. Department of Commerce issues new statistics concerning American wealth it becomes more and more evident that the U.S. system of distributing income is grotesque to the point of lunacy. The fact that the world is full of lunatics does not entirely excuse of shortcomings, for in the field of productive efficiency the business leaders have demonstrated that they can be remarkably intelligent.