Show I Pre P reva V acL i I i ng Opinions ion s I Comment e t of the American Press An Expert View The roseate picture painted by new deal advocates of the ever normal granary legislation Dr Joseph S. S Davis of the food re research research research re- re search institute of Stanford university university university uni uni- told delegates to the American Farm Economic association asso- asso association asso asso- elation can be bo accepted only by persons extraordinarily rash or gullible I cannot predict just how the idea would work he declared but neither can Secretary Vial Val lace Incalculable influences he pointed out would be exerted by weather business reactions public public pub pub- lic lie opinion public policies at home and abroad choices of millions millions millions mil mil- lions of individual Americans and decisions of those administering administer administer- ing the program The argument that the program is essential to protect consumers against food shortages and excess prices Dr Davis emphasized will not bear analysis and citation of the drouth situation of recent years makes the administration position in this respect no more tenable Decades or centuries may elapse before there Is another such experience The zealous planners who want to control everything the farmer does cannot seem to get it through their heads that there are factors in every plan that cannot cannot cannot can can- not possibly be regulated by any governmental agency They learned nothing from the A A A fiasco have learned nothing since If they succeed in putting over ii J. J a f 11 1 their schemes at the forthcoming re regular ular session of congress it is almost a certainty that all the taxpayers consumers of farm products and farmers themselves will ever get out of it will be a pain in ins the neck Los Los Angeles Times Proof of the Pudding Proof of the tho efficacy of Secretary Secretary Secretary Secre Secre- tary Hulls Hull's reciprocal trade policy is to be seen in the increase of in United States foreign foreign foreign for for- eign commerce during the first 11 months of 1937 over the comparable comparable com corn parable period of the preceding year The state department makes no claim that all or even the greater portion of this billion and a half- half dollar gain in foreign commerce was due to the reciprocal trade treaties but it points significantly to two facts facts' American exports have gained relatively more to toI I agreement countries than to non- non agreement countries and imports imports imports im ports of American products into the agreement countries hav generally increased more than have imports of the products of oft t ther countries Our ablest students of international international international affairs are almost unanimously unanimously unanimously of the opinion that the Hull trade treaty program is the most effective weapon being used today in the fight to revive world trade Conclusion of the treaties has been necessarily a slow process process process proc proc- ess lengthy negotiations have been required in each Economic nationalism which has been rampant rampant rampant ram ram- pant in the world for several years has had to be overcome Each time a treaty is concluded some group of producers industrial or agricultural in this country has protested that American interests have been sacrificed Yet we have a favorable balance of trade at this time when mutual exchange ex ex- chan change e of goods is increasing due to those very treaties The The Houston Chronicle s' s y iJ f fJ J c. c |