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As is well Shown,( ou • present efforts to control .rl i,pluses, include a system ' ' | age controls on so-called . rops. Production impro\ however, have resulted ir !y upward ttend in a ke\ yield per acre. Last year ],’ n farmers produced 11 y- V | nore than ever "before in < >ry on the smallest total -ac j? planted to crops in the last . i.
Estimates of p! ? this year include indication-. . jf a 9-per-cent increase in spring-v. eat plant.n - «\er last year a l2-per<e»n :n< ’"se in corn and aj similar bor iii cotton. Whatever it costs to f ipport the prices of new-recor^ < ops will have to be paid, so long :, the present law is on the books. • f die regular appropriation proves i sufficient, Congress cannot rel se to provide a'supplemental apjT.opriation. ^ i .
The futility of I our existing price-support and acreage-control systems is pointed up by predictions of a further rise in the surpluses. By next year, just, before 1960 harvest, it is expected thaf there will be on hand, to be carried over into the new crop year,! 1.5 billion busels of wheat..a 68 per-cent increase in the carryover in two years and 2,5 billion bushels of coni. a 70 per-cent increase in the carryrver in the same period. Also expect'd to mount, although at a lower rate, is the cotton surplus^—
56.4%