OCR Text |
Show For Greater World Trade The National Farmers' Union, whose membership is comprised , of farmers predominantly in the low and middle income groups, ! urges the speedy making of recip- i rocal trade pacts with foreign ! countries "to restore foreign markets for American agriculture." agricul-ture." While the reciprocity program has been severely criticized by various members of Congress, the farm organization urges "real advances toward raising of trade barriers" which will be followed by "actual expansion of trade.' Because the farmers of the United States produce a surplus of important crops, which must be sold to foreign nations, economists econ-omists have long pointed out that, the price, in normal years, is largely influenced by foreign demands. Inasmuch as the ability abil-ity of foreign nations to purchase our goods depends upon available avail-able credits in this country and since these credits cannot he secured unless other countries are able to sell something to us, the farmers' organization, believing be-lieving that ' agriculturists have something to sell abroad, is interested in-terested in reciprocal trade treaties which would facilitate world commerce and permit foreign for-eign countries to build up credits cred-its in. this country with which to purchase American products. |