Salt Lake Telegram | 1933-10-21 | Page 2 | Farm Strike Launches Battle for inflation

Farm Strike Launches Battle for Inflation fI fIBy By United run Press The national farm strike starting tomorrow is a climax to ag agricultural agricultural agricultural ag- ag troubles which have been brewing since ince the land boom o of 1919 Farmers went up to the hilt hUt in debt at that time and I never have got out They want currency inflation so they can pay off oft these cumbersome mortgage debts with a dollar which is worth one bushel of corn com instead of five and two bushels of at oats Instead of six Farmers watched the nation embark on a period of unprecedented unprecedented unprecedented dented prosperity aft after r the war but the farmer fanner failed to share much in It The following tabulation shows how farm arm prices de declined de- de dined during the period when national wealth was rapidly Increasing in increasing increasing In- In creasing Corn Oats Hogs Year Year Year- BusheL BusheL Cwt 1920 68 63 1318 1924 83 83 42 1926 60 60 34 1168 1930 69 69 32 1931 i 43 43 22 1932 23 23 16 f This year farmers are contracting for th their lr ir new com corn on the farm at 18 cents a bushel and selling their holdover from last year at 22 cents Their hogs arc are bringing around 4 y