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Show PEAK PREDICTED ON FARM PRICES "The farming community has enjoyed an unprecedented boom since our entrance into the war," says The First National Bank of Boston in its current New England Letter. Continuing the bank says "but there is growing evidence that the peak is approaching as the factors that have listed farm prices to near all-time peak levels will soon spend their force. Since it constitutes consti-tutes such an important segment of our economy, the future trend of agriculture is of deep national interest. "Since world War II began ' in the autumn of 1939, farm commodity com-modity prices have increased by 168 per cent and are rapidly approaching ap-proaching the previous high record rec-ord of the 1919-20 boom period. But these prices rest on an untenable un-tenable basis since agricultural production during the war years was geared to abnormally large domestic and foreign markets. "In an endeavor to correct the chronic maladjustment in agriculture, agri-culture, the government has tried one experiment after another along the lines of price-fixing limitation of acreage, subsidies and the like, but these measures have merely aggravated the situation and up to the time of World War n huge surpluses were accumulating in cotton, wheat, and corn. "With the war over and the return re-turn to more normal conditions, agriculture again faces the same trying problems of the past. Current Cur-rent domestic crop reports are highly favorable. , "In the meantime, with excellent excel-lent crop developments farm prices are in a vulnerable position posi-tion and will yield to the pressure of supply upon demand. It would appear that in case of favorable plied by the government and the strong financial position of the farmers, the impact of a sharp drop in prices would not be so serious as after the first world war. Nevertheless, the long-range adjustments problem facing the farm economy appears equally grave." crop reports next spring the balance bal-ance would shift and bring about a reversal in the farm price movement. move-ment. "Because of the cushions sup- |