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If any of you present readers happened to have rea£ the column a few weeks ago when we gave forth with the program of . tbs annual membership meeting of Rappahannock Supply, or if y,ou got to the meeting, you saw that Monk Clark was too and did make a talk well worth listening to. At least one farmer commented, “What a pity more of our fanners couldn’t have been present to hear him.” As a matter of fact I couldn’t be there . . . ahd to be in Winchester that night, - but know Monk usually makes a good talk. Actually Monk was about the fourth or fifth choice. The program committee’s first choice was Dr. H. H. Young, Acting Dean of Agriculture and Director of the VPI Experiment Station. After declining the invitation first by wire, Dr. Young, who had been requested to talk of the Agricultural Outlook later replied by letter and with Doctor’s consent it is to this letter we invite your careful thought—quote:
“Even if I were able to be on the program to talk about the out-. look, it would be necessary for mo to be very vague and indefinite because I do not. know what the outlook is likely to be. Anyone - who >states that lie does know is either very ignorant or Very dishonest. I believe the situation is more confused now than it has ever been in my memory. The two factors which are responsible for most of this confusion is the part the government is playing in our economic affairs, and secondly, the uncertainties surrounding the war situation.
“About 17 years ago we aban- _ doned temporarily the law of supply and demand as the regulator of prices, at least we thought it was temporary. It looks now as though we are getting more and more to the place where we are willing permanently to abandon partially the law of supply and demand as the regulator of prices and, to substitute in its place controls based mainly upon political expediency.
“The Federal government operates a budget of about 40 billion dollars a year. This amount of funds, under its direct control, has the power of influencing economic affairs for better , or for worse,' depending very often upon the political whim of the moment or upon the apparent necessity of some economics pressure group. Under the circumstances, no one on earth can predict what will
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