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Since the end of fighting in Korea crop surpluses again have been. accumulating at a disturbing rate but I Ibelieve it is only fair to recognize that in making their plans for future crops many farmers were influen^ ced by the 1952 campaign promises of ^improved, export markets and other “programs* to remove existing surpluses without interfering with commercial markets.
However, these programs have not materialized, and instead of the predicted expanded program of “trade? not aid," there will be difficulty in obtaining even a one year extension of the present Reciprocal *-*Trade Agreements Act which expires next * month—an Act which the Randall Commission said must be liberalized, if it is to fee effective in promoting foreign trade.
There is therefore, a reasonable basis for the arguments of those farmers who point out that their buying power dropped eight percent from 1952 to 1953 ahd who say that •before they are hit another blow by
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