Show THE LIVESTOCK SITUATION 4 J A I 1 log loa angeles Ali goloa junei recently read la an it editorial in one or of our local papers indicating that nover never in tho the history ot of tho the country has thoro there been such buch an interest expressed and applied by the federal government in behalf of our agricultural structure and at no period has the general average ot of tha th yield per acre been so large at no previous time has the grower been I 1 ablo to avail himself hlin selE of so ao many advantages vant agos of cooper tivo mar marketing koting yet never before in the history of 0 ag agriculture has haa the level of prices be been so BO low for most of our farm products but in of all this tile the tact fact remains that in the days when nailing but supply and demand prices the jot dot of the tanner farmer was infinitely better there Is no gainsaying gain saying these statements neither do we deny tho the fact remains that the laws lawa of supply and demand still prevail wo we all recognize too that these theae efforts whether wisely or unwisely directed direct od were meant tor for the best but it Is hoped I 1 that we are through with that class of I 1 legislation and activity rather a costly lesson but in all of these thesa matthers matt mat oera there la Is a fundamental principal which apparently la Is just as sound today os it was in tho the beginning of things that whon we forsake these time honored and tested principles we are a re simply headed in tile the wrong direction so far as the livestock interests are concerned price levels in certain lines are lower than ever before known personally I 1 am not very much in favor of a harangue over facts and figures proving misguided effort with a tremendous loss joss of money all of which cornea comes train from one source viz it Is too much like the fellow who was about to be hanged when asked it he had anything to say he merely said this Is suro sure going to be a lesson to me A little late ifor for personal pe reformation deformation nevertheless profitable as a future guide the past cannot be corrected so we must look to the future for real relief and with respect to the livestock industry it Is plain that no real relief can come cutill we get Ind increased eased purchasing pow er or substantial decrease in production and we might well reflect upon which it probably brings about the old sayings of adam smith who in the said in substance that whenever the price of commodities become so low as not to yield a profit then capital will naturally retire with the final result of a decrease or of the necessary readjustment of price levels we are nono none of us ua very much inclined to cut down production but as a matter of oe tact fact we dont need to give thet feature serious consideration because under the natural laws lawa it works worlds itself out wei wd prefer to see eee increased consumption which can only come by providing our people with employment so 90 they ean can have money to buy bur |