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Show WALTER SUE AD Square Deal Proves Evasive BACK in the period of 1909 to 1914 when wheat was 88 cents a bushel and hogs were $7.25 a hundred pounds, farmers thought they were getting a square deal. Today they are getting $2.10 for wheat and $24 for hogs and they're not sure whether they're getting a square deal or not. The difference is that when wheat was 88 cents a bushel, the things the farmers bought cost far less and this period was fixed as a base for the parity formula, which is the ratio of prices received by the farmers to prices paid by the farmers. The farm bureau likes this parity formula so well today that it Is against changing it much until after the Steagall law expires in 1948. The joint agricultural committee of house and senate has been holding hearings to determine this parity formula and other long range farm programs. |