Show ag news in brief president roosevelt will renew his demand upon congress in january that it provide for taxes to raise at least additional revenue with which to cover the amounts it appropriated in excess of budget estimates for farm benefits during the last two years the president made this known at a recent press conference as he confirmed reports that his fiscal experts were studying secretary wallaces plan for financing farm oid aid and relieving the strain on the federal budget this proposal has been presented as capable of raising upward of and 1 in n essence e is considered a sort of 4 streamlined xer version ion of the processing tax lax which the supreme court outlawed in the celebrated hoosac mills case in 1935 the agriculture departments forecast for 1940 winter wheat production is bushels because of the severe drought it was the smallest indicated yield since 1925 production was bushes bushels this year bushels in 1938 and averaged bushels for the ten years 1928 37 our hearts go out to the pea people who are the victims of military aggression whose homes have been wrecked whose families have been torn apart by death and destruction and yet we know that we can be of the greatest help to them by remaining at peace and keeping a peaceful point of view secretary wallace in christmas address |