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Peach Ridge Fruit Growers Association, Sparta, MI, August 6, 1973
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Peach Ridge Fruit Growers Association, Sparta, MI, August 6, 1973
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Gerald R. Ford Congressional Papers
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Poisons
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The original documents are located in Box D35, folder "Peach Ridge Fruit Growers
Association, Sparta, MI, August 6, 1973" of the Ford Congressional Papers: Press
Secretary and Speech File at the Gerald R. Ford Presidential Library.
Copyright Notice
The copyright law of the United States (Title 17, United States Code) governs the making of
photocopies or other reproductions of copyrighted material. The Council donated to the United
States of America his copyrights in all of his unpublished writings in National Archives collections.
Works prepared by U.S. Government employees as part of their official duties are in the public
domain. The copyrights to materials written by other individuals or organizations are presumed to
remain with them. If you think any of the information displayed in the PDF is subject to a valid
copyright claim, please contact the Gerald R. Ford Presidential Library.
NOTES
SPARTA, MICH
AUG. 6, 1973
U.S. HOUSE OF REPRESENTATIVES
OFFICE OF THE MINORITY LEADER
Herald R. Ford
WASHINGTON, D.C. 20515
M.C.
OFFICIAL BUSINESS
PEACH RIDGE FRUIT
GLEATE FORD LIBRARK
GROWERS ASSOCIATION
Digitized from Box D35 of The Ford Congressional Papers: Press Secretary and Speech File at the Gerald R. Ford Presidential Library
Jerry:
Attached is background
information for your talk to
the Peach Ridge Fruit Growers
Association August 6 at Sparta.
They want youte to talk about
Phase IV and
--Paul
Todl
Retumn
Circuit
Igno
order
Dana
BRARK
gypt
Trial
THE WASHINGTON POST
Friday, July 13, 1973
C9
U.S. Pesticide Safety Rules
Blocked by Federal Judge
NEW ORLEANS, La., July
from 14 states filed in eight
opposition, makes the guide-
12 (AP)-A set of government
other circuit courts. The
lines null and void and trans-
restrictions on the use of agri-
court's one-sentence ruling
fers authority over any such
cultural pesticides, scheduled
went unnoticed until today.
guidelines from the Labor De-
to go into effect Friday, has
The occupational safety ad-
partment to the Agriculture
ministration originally issued
Department.
been blocked by a federal
a set of standards for the use
The guidelines apply to
court here.
of pesticides May 1. John
growers of apples, oranges,
MARCELLO CAETANO
The Fifth U.S. Circuit Court
Stender, assistant secretary of
grapefruit, lemons, grapes,
of Appeals said in an order is-
labor, said. that 800 persons
peaches and tobacco. They are
visit stirs protest
sued Tuesday that the Occupa-
were killed and 80,000 in-
designed to protect those en-
tional Safety and Health Ad-
jured each year by insecti-
gaged in such activities as
en bomb, an "utterly igno-
ministration cannot implement
cides.
picking or pruning, but do not
its June 21 guidelines for using
Representatives of farm
involve workers merely pass-
ant person" who "groveled
12 organic phosphorous pesti-
groups protested the stan-
ing through a field, mowing,
efore the capitalist order
cides "pending further order
dards, and the administration
repairing equipment or the
to smear his own coun-
revised its statement on June
like.
of this court."
15, saying that "careful review
Farmers are required to fur-
y." Sakharov had said in
Included in the guidelines
suggested some modifications
nish employees with approved
interview with Swedish
are stipulations that workers
and clarifications seem to be
respirators while they are
levision that Soviet social-
cannot enter fields or or-
necessary.".
working in treated fields
in was nothing more than
chards for periods ranging
The guidelines set to be-
They are also required to pro-
npty words and propa-
from 1 to 14 days after spray-
come effective Friday were is-
vide "whole body clothing of
nda.
ing them.
sued June 21. About half the
either a closely woven washa-
The guidelines also include
proscribed insecticides were
ble fabric or disposable mate-
gypt Spy Trial
provisions for clothing to be
deleted and the periods of
rial, hat, gloves, impermeable
BEIRUT - An Egyptian
worn by field workers, how
waiting before entering
shoes or shoe coverings J. for
litary court has sentenced
the clothing was to be washed
treated fields were shortened.
protection from pesticides."
army colonel and a wom-
and how workers would be
Those revisions were then crit-
Under the guidelines, the
student to death on
warned about the treated
icized by a farm laborers'
farmer would be responsible
arges of spying for Israel,
areas.
group, which said they took
for seeing that the clothing is
magazine Al Hawadess
properly washed or disposed
d. It was the first time
Consumers have long been
the strength out of the protec-
of as each employee finishes
Egyptian officer was ac-
protected from crops with ex-
tive program.
using it for the day.
led of spying for Israel,
cessive pesticide residues, but
The suit, first filed against
magazine said.
the May 1 guidelines, was later
the guidelines are the first at-
directed at the June 21 guide-
6 Die in Train Crash
he case cost Egypt $80
tempts to protect farm work-
lines.
llion to change locations
Reuter
military installations, in-
ers from such residues.
Meanwhile, the guidelines
STOCKHOLM, July 12-A
mation about which had
The court's order came on a
troversy surrounding the farm
crowded high-speed commuter
in passed on to Israel, the
petition by the Florida Peach
troversy surrounding tht farm
train jumped its tracks and
bill stalled in the House. A
ort said.
smashed into an embankment
Growers Association Inc., but
provision in the farm bill,
near here today killing at
staff reports and news dispatches
included 24 other petitions
which brought on strong labor
least six people.
this/fandis yaur land!
Ceausescu
U.S. Eases
Pesticide Safeguards
Visits Bonn
Under Pressure From Farmers, Hill
For Talks
Associated Press
In announcing the original
grower associations filed law
Washington Post Foreign Service
Pressured by Congress and
rules last May, Stender cited
suits seeking to revoke the
farmers, the Labor Depart-
800 deaths and 80,000 illnesses
rules.
BONN, June 26-Romanian
ment issued revised pesticide
annually from pesticide poi-
The new regulations are
President Nicolae Ceausescu
soning.
temporary. Oral arguments or
arrived here today for a five-
regulations yesterday narrow-
But the regulations met
proposed permanent regula
day state visit, the first chief
ing the scope of required safe-
heavy opposition from farm
tions will be heard in July and
of state from a Warsaw Pact
guards for farm workers.
state congressmen. Several August.
country to visit West Ger-
Assistant Secretary of Labor
many.
John H. Stender said the origi-
Ceausescu's schedule today
nal rules were broader than
was filled almost exclusively
necessary to protect employ-
with such ceremonial flour-
ees from grave danger.
ishes as. the signing of the
Golden Book at Bonn city hall
Stender, who heads the de-
TELEPHONE
For fast, fast,
fast classified
and lunching with federal
partment's Occupational
Safety and Health Administra-
action
President Gustav Heinemann.
The Romanian leader will
tion, acknowledged that the
begin the first of his political
changes were "in response to
petitions by the Florida Peach
223-6200
talks with Chancellor Willy
Growers Association and other
Brandt Wednesday.
organizations as well as addi
all223-6200 at The Wash-
The two leaders are ex-
tional information from pesti-
pected to give special atten-
ington Post. We have more
cide experts."
tion to the European security
than 100 phones so it's al-
conference which begins in
"They've taken the guts out
ways easy to reach US. And
Helsinki July 3. Romania sees
of it," said Miriam Guide, an
The Post has 130 advisors
the eonference as a potential
attorney for the Migrant Le-
trained to help write and
vehicle for loosening some of
gal Action Program who rep-
place your classified ad. And
resented several farm workers
the Soviet hegemony over
remember, your classified ad
Eastern Europe, and Ceau-
in petitioning the government
in The Post will reach more
sescu undoubtedly will stress
for the emergency standards
than a million people week-
the importance to his regime
issued May 1.
days. Even more on Sunday.
of the West pursuing this goal
The initial regulations gov-
Whatever you're selling, you'll
in the conference.
erned the use of 21 organo-
sell it faster in The Post. Give
Similarly, the Romanian
phosphorous pesticides used
US a call anytime.
leader is expected to give pri-
in treating seven crops-ap-
ority attention to the NATO-
ples, peaches, tobacco, grapes,
THE
Warsaw Pact negotiations on
lemons, oranges and grape-
WASHINGTON
military force reductions, now
fruit. They restricted the time
anticipated for October.
when employees could re-en-
POST
In these talks Romania has
ter a field after it had been
Classified Ads
been relegated against its will
sprayed.
Post
to observer status, and Ceau-
The revised regulations,
Classified
sescu will probably plead that
Ads
Hundreds of thousands
scheduled to become law July
the West should reexamine
13, govern only 12 of the 21
more readers than the
the situation and seek to open
chemicals originally included
other newspaper.
the force reduction talks to
and reduce re-entry times by
broader participation.
at least two days.
6/27/73 Wash.Post Post
From the office of:
Resticides Earl F. Landgrebe
1203 Longworth Building
House of Representatives
Washington, D. C. 20515
For more information, call:
Harold A. Welter 202-225-5777
For release:
IMMEDIATELY
OSHA ORDER "TRAGIC" FOR CONSUMER: EARL
(Washington, D. C.) Second District Congressman Earl F. Landgrebe has been
joined by more than 70 House members in urging President Mixon to intervene toward
revocation or suspension of a new "emergency" regulation of the Department of Labor
restricting the entry of farm workers to orchards and fields treated with certain
pesticides.
The regulation, scheduled to go into effect July 13, is a modification of one
which Labor's Occupational Safety and Health Administration (OSHA) previously had
issued and then withdrew in the face of Congressional objections and court actions
by grower groups.
In their letter to the President, the House members emphasized that their
complaint was against the "emergency" characterization of the new order. They
insisted that the Department of Labor had produced no credible scientific evidence
of a major hazard from re-entry of treated areas, and, in fact, had substantially
ignored the recommendations of its own technical advisory groups.
"fy objection is not to the promulgation of realistic standards protecting
the agricultural worker," Landgrebe noted, "but to the issuance of an emergency
order when no emergency exists."
"To impose this type of unnecessary regulation on the farmer at the time of a
virtual crisis in food prices is not only ridiculous, but tragic for the consumer,
as it must result in even higher prices and an increase in the absence of products
on the shelf," Landgrebe concluded.
The legislators asked that the "emergency" proceeding be abandoned, and that
reasonable permanent standards be developed after public hearings.
-30-
GERALD LIBRARY
7473
ECONOMIC STABILIZATION PROGRAM
Phase
LIVING COUNCIL COST OF news
Office of Public Affairs
Room 2104
Washington, D.C. 20508
Phone: 202-254-8830
FOR RELEASE AT 12:30 P.M. PDT
San Francisco, California
July 23, 1973
REMARKS BY JAMES W. McLANE
DEPUTY DIRECTOR, COST OF LIVING COUNCIL
DIRECTOR, SPECIAL FREEZE GROUP
BEFORE THE
COMMONWEALTH CLUB OF CALIFORNIA
SAN FRANCISCO, CALIFORNIA
JULY 23, 1973
I am very pleased to have the opportunity to meet with you here today.
Not only is it an honor to talk with such a distinguished gathering,
but the support and active assistance of people like yourselves are
basic to the success of our anti-inflationary efforts.
What I'd like to do today is to put Phase IV into perspective -- to
give you an idea of how we at the Cost of Living Council view this
last of the Economic Stabilization Program's phases -- and, when I say
last, I mean last. Phase V will be phase-out and return to a free
competitive market.
We have already gone through many phases, trying your patience with
each change. So you ask, why are we having a Phase IV instead of an
immediate return to the free market. Public opinion polls show that
a majority of Americans, including a majority of businessmen, favor
wage and price controls even though they cause distortions in the
economy and shortages of various products. This opinion has been re-
flected in the Congress where the Democratic Caucus in the Senate
voted unanimously in early June to impose a 90-day freeze across the
board. A majority has not objected to the freeze.
Hence. a return to economic freedom now would most likely turn into a
detour back into the swamp of even more lasting and onerous controls.
It is this swamp the President is determined to avoid.
OBJECTIVES OF PHASE IV
Quite simply, Phase IV is designed to moderate the rate of inflation
which has existed in this country during the first six months of 1973,
while minimizing adverse effects on supply. We are trying to limit the
LIBRAR
-2-
speed and the size of the pass-through of cost increases now in the
system, and potentially in the system, while not inhibiting capacity
expansion and supply increases so necessary to reduce long-run
inflationary forces.
THE ECONOMIC SETTING
The principal cause of inflation this year has been the rapid increase
in costs in two areas: basic materials, such as oil, copper, zinc
and steel scrap; and feed grains for livestock.
Industrial wholesale prices have increased at a 12.5% annual rate dur-
ing the first half of the year, the highest rate since the Korean War
experience. Most of these increases have come at the basic stages of
the production process meaning that further price pressures can be
expected at consumer levels. During the year ending in June, 1973:
-- wholesale prices of crude materials for further pricing were
up 17.7%
-- wholesale prices of intermediate materials and supplies were
up 8.3%
-- wholesale prices of consumer finished goods, excluding foods
were up 7%, while
-- consumer prices of commodities less food have only risen 3.6%.
On the food side, strong international demand, combined with a world-
wide shortage of animal feed grains, has resulted in particularly sharp
price increases. The price of feed grains constitutes the basic costs
of meat production. High feed prices have reduced incentive to ex-
pand production of beef and pork, poultry and eggs. Output of a number
of major food commodities was down sharply in the first six months of
1973, and we forecast production for the last half of 1973 in meat,
broilers, eggs and milk to be below the comparable period in 1972.
The results of this strong demand and restricted supply have caused
dramatic price movements. Prices for farm products in June averaged
35% above a year earlier -- accounting for 67% of the total increase
in the WPI for this period.
-- Grains are up 89%;
-- Crop prices are up 47%;
-- Livestock prices are up 32%.
With record increases in employment and consumer incomes. consumer food
prices have followed farm product increases -- up 13.7% from a year ago
and 11% over the last six months
-3-
THE 60-DAY FREEZE
It was these numbers that created a public and Congressional outcry
for tougher controls. The 60-day freeze announced on June 13 has
dramatically arrested these price increases and has provided shock
therapy to the inflationary psychology which was again sweeping the
country. It basalso caused some severe problems. Confectioners,
processed grain millers, poultry and egg producers, margarine and
vegetable oil processors, potato chip manufacturers, just to cite a
sample, faced costs greater than their allowable freeze price. In
some cases, low market prices prevailing during the base period, and
in other cases freeze prices based on last year's crop caused fresh
fruit and vegetable farmers to incur losses and to dramatically alter
their normal marketing practices.
In pork and poultry, producers have been slaughtering their breeder
stocks at alarming rates. About 20% of sows being slaughtered have
been pregnant. The normal rate is 5% to 10%. Each piggy sow
slaughtered removes some 1,000 lbs. of pork from the market in the
future -- that's a lot of ham and bacon. The same situation has been
occurring in chickens. Heavy hen slaughter, for example -- a good
barometer of future broiler and egg production -- was 52% above last
year for the week ending July 7.
In the non-agricultural sector, the freeze has created problems princi-
pally for the textile/apparel industry and for the metals industries.
In textile/apparel, fall clothing is normally produced and shipped dur-
ing June, July and August and reflects input costs of January through
May. Substantial increases in wool, cotton, and synthetic fiber prices
cannot be passed on. Many of these companies would go out of business.
The broad exception granted this industry on Friday should help. In
the metals, there are incentives for more exports since world prices
continue to rise above domestic freeze prices. Abnormal increases in
inventory accumulations are being noted, reflecting some reluctance to
deliver during the freeze. The Zuni Indians, for example, are unable
to obtain silver for their bracelets and necklaces.
Since the freeze started, we also have had 118 verified plant or com-
pany slowdowns and closures, just about half of which have been pork
packing and processing plants. I don't think I need to recount the
sizable losses many firms, particularly the small firms with little
flexibility, have had to absorb during the freeze. In short. the freeze
has caused some damage to the economy while halting spiraling price
increases temporarily.
THE DESIGN OF PHASE IV
So here is where we find ourselves August in July, 1973: strong demand. tight
supplies -- especially in food -- high rates of inflation throughout
the world and strong public opinion in the United States favoring tight
controls, even if it means some shortages. It is in this context -
United we should assess Phase IV.
-4-
Phase IV is a nine-point program:
A balancing of price restraint and the need for supply.
A spreading of price increases. management of the antici-
pated post-freeze bubble.
A sector by sector approach to controls.
Tough mandatory controls.
A flexible exceptions policy.
Continuing consultations.
Consistent treatment of wages.
A built-in mechanism to end controls.
A balanced Federal budget for FY '74.
Balance price restraint and need for supply
Phase IV allows for the immediate thawing of the freeze in the agri-
cultural area where problems caused by the freeze have been the most
severe. Raw agricultural cost increases, except for beef increases,
now can be passed through to the consumer on a dollar-for-dollar basis.
Not allowing price increases in this sector immediately would have cre-
ated further dislocations and shortages causing even higher prices in
the future. We are saying "sound economic policy means moderate price
increases now rather than shortages on the shelves later."
The same can be said for the petroleum sector where the proposed pro-
gram involves both adjustable price ceilings and incentives for pro-
duction. Adjustable ceilings will be placed on domestic crude oil and on
retail gasoline, heating oil and diesel fuel prices. New crude oil
production has been exempted from these ceilings.
Spread price increases
Having recognized the costs and potential costs already built into the
economy, Phase IV attempts to manage the price bulge without unduly
penalizing the producer on the one hand or the consumer on the other.
Phase IV phases controls in at different stages:
-- dollar-for-dollar pass-through of raw agricultural cost increases
since June 8, except beef, allowed now;
-- health sector of the economy placed under mandatory Phase IV
rules now;
-5-
-- all other sectors of the economy remain under the freeze until
August 12 at which time pass-through of cost increases is
permitted; and
-- on September 12, beef ceilings are terminated. and the food sector
is allowed to pass through not only agricultural cost increases,
but all cost increases
Prenotification is required after August 12, 30 days in advance of any
product or service price increase for firms with sales of $100 million
or more. This requirement will further delay the implementation of
price increases.
Sector by sector approach
Phase IV is a selective approach to controls. It treats problems in
different sectors of the economy separately and is designed to be con-
sistent with the unique characteristics and structural problems of
each sector. Sectors given special approaches include: food, health,
petroleum, construction, insurance, industrial and retail/wholesale.
Secondly, Phase IV exempts from controls sectors which are no longer
inflationary, where controls are no longer needed or useful, or where
an industry is controlled by other regulatory agencies. The sectors
immediately exempted include utilities, which are controlled by state
and federal regulatory agencies; the lumber and plywood industry, which
is experiencing and is expected to continue to experience declining
prices, and long-term coal contracts where exemption should encourage
long-run supply-enhancing investment. Structuring the program in a
manner which permits partial decontrol enables a greater concentration
of energy on problem solving in sectors in which structural or other
reforms are essential to improved price performance.
Tough mandatory controls
Phase IV is a tough system of mandatory controls. Prenotification by
the larger firms is required and quarterly reporting of all firms over
$50 million is required, as is a one-time annual report from all small
firms with over 60 employees. Phase IV requires considerable cost ab-
sorption. The base period for prices and cost justification has been
changed to the fiscal quarter ending prior to January 11, 1973. All
costs incurred earlier and not already reflected in price increases may
not be used to justify higher prices. The base price from which price
justification can be measured is average actual prices for the fiscal
quarter which ended before January 11. Only dollar-for-dollar pass-
through of costs is allowed. No additional profit margin is allowed
on additional costs. The profit margin restraint, as established in
Phase III, remains in effect. The staff of the Economic Stabilization
Program is being increased substantially to insure compliance with
these rules.
-6-
Flexible exceptions policy
A restrictive price control system must have a realistic exceptions
policy. It is envisioned that Phase IV will have a flexible excep-
tions policy to accommodate the special problems of various sectors
of the economy under the strains of full capacity. Production can
and should continue to expand under these rules. A senior committee
of top Tevel government officials will be established within the Cost
of Living Council to continually assess the exceptions and exemptions
policy.
Continuing consultations
Phase IV continues the consultation process. The Cost of Living Coun-
cil held many consultations with consumers, businessmen. labor, farmers,
Congressional leaders and government officials throughout the country
in developing Phase IV. Suggestions ranged from complete elimination
of controls to the establishment of a permanent system of ceiling prices,
rationing, and a 250,000 man enforcement agency. Phase IV reflects
many of the views, particularly a general favoring of a return to a
Phase II type of controls, where the terms and procedures are familiar.
We recognize that we do not know all the answers and, therefore,
issued the Phase IV regulations for comment. We want your views on
how we can improve these regulations. If you can help us make them
more sensible, we welcome your comments so that we might achieve our
mutual goal of reducing the rate of inflation as soon as possible and
as practically as possible. All comments should be forwarded to the
Executive Secretary of the Cost of Living Council by July 31.
Consistent treatment of wages
comment has
expired.
Phase IV has a wage policy consistent with its price controls. The
general wage and benefit standards of Phase II and Phase III will be
retained. More detailed information for reporting wage and benefit
increases will be required. Notification of wage and benefit increases
by the largest bargaining units will be required. Prenotification will
be required in individual cases. Detailed review of wages in the con-
struction, food and health industries continue. A new unit has been
established to review wage, salary and benefit increases in the state
and local government sector.
Mechanism for ending controls
Phase IV envisions the creation of a mechanism within the Cost of Liv-
ing Council for removing controls from firms or from industries when
current and projected price performance will justify it. Price and wage
controls are not to become a permanent feature of the American economy.
we are saying have patience. While controls are necessary now. we
will terminate them as soon as we can do so without incurring unacceptable
inflation rates, We must preserve incentives for investment and produc-
tion. We will have to work together to create conditions in which con-
trols can be terminated without disrupting the economy.
-7-
A balanced Federal budget for FY 1974
Phase IV of the Economic Stabilization Program continues its reliance
on that old-time religion -- the fundamentals -- a restrictive balanced
Federal budget. The President established the goal of a $250 billion
budget in FY '73 and then disciplined the Federal Government to meet
this goal. As some of you have noted by now, the budget for FY '73
will actually come in at less than $249 billion. A target was set and
was achieved.
For FY ' 74 the President has established a $268 billion target for the
Federal budget. Two hundred and sixty-eight billion dollars is cer .
tainly a lot of money, but it is a balanced budget. The President
intends to achieve this target, vetoing budget-busting bills as neces-
sary -- several billion dollars will have to be cut from expenditures
already probable due to higher interest rates, new legislation, and
Congressional bills already far advanced but not yet completed.
Some are criticizing the Administration for not increasing taxes in
conjunction with Phase IV. The idea of tax increases was rejected.
By spending less and not taxing more, the budget can be balanced. Tax
increases take a long time to become effective. Also, tax increases
tend to precipitate Parkinson's fiscal law: spending increases to
meet the amount of money the Government takes from you in taxes --
meaning bigger and bigger Government. It is clear that the President
is opposed to bigger Government. In fact, another commitment made as
part of the Phase IV announcement is to reduce the number of Federal
civilian personnel at the end of FY '74 to a level below the number
now budgeted.
CONCLUSION
The American economy is complex. So are the Phase IV rules. But we
want them to be the best rules possible to restrain inflation without
impeding production. This is where we need your help. We have issued
the proposed regulations for comment. We want your recommendations on
the specifics. Wherever possible, within the basic policy decisions
that have been made, the regulations will be improved to make Phase IV
as practicable as it can be made. We want business to continue to
prosper, industrial peace to be maintained, and production to continue
to expand under these rules.
We also need your help in explaining the "economic facts of life" to
all Americans. You can no longer sit on the sidelines and just expect
the American consumer to understand higher prices. There is no need
for me to expiate on the benefits of a free market economy to this
group. But, it is this group that needs to think in terms of the pub-
lic at large, or we may never get our message out.
-8-
From scientifically sampled polls to the chance comment overheard
on the street, the indications are that a great many Americans hold
some fundamental misconceptions about economic life. Any increase in
prices, however moderate, is, for example, coming to be viewed as
downright bad. Profit is viewed a four-letter word. Freezes solve
all our problems. Many people simply do not understand the relation-
ship between economic growth and prices I'm sure that if we put
our heads together we. could come up with a fantastic string of basic
misinformation.
This lack of public understanding probably springs from the fact that
we've generally had a problem-free economy which has treated us well.
Most people just have not needed, or wanted, a wider comprehension
of economic events. Business has an opportunity for significant
contributions.
Increasing public understanding of economic growth is a difficult task.
Businessmen, labor leaders and government officials who undertake it
will face some charges of being self-serving. But it will be a worth-
while endeavor. The Government cannot do it alone.
Increased supply is what will bring prices down. Fortunately, bumper
food crops are on the horizon for this fall -- the corn harvest is
expected to be up 6% from a year ago; wheat up 13%; soybeans up 24% --
enough to meet the needs of the United States and foreign countries
as well. All acres are to be brought back into production next year.
There will be no set-aside acres.
We are committed to making Phase IV work to moderate the rate of
inflation. We are also committed to increasing production and avail-
able supplies so we can have moderate price growth without controls.
We have difficult problems to grapple with in the coming months, With
your support we are confident we can overcome the problems, achieve
our goals and reach Phase V.
o0o
CLC-336