The problem is greater because of that broken law of supply and
demand. We probably in all our history shall not find a better
example of the fact that high prices stimulate production and curtail
consumption, whUe low prices reduce production and increase con-
sumption. Now, how better can we provide for the use of what
promises to be a big crop than to permit the people a price on wheat
according to the law of supply and demand ? If it be lower, it' will
help readjust that situation, because the amount of acreage that is
going to be planted this year (I mean the amount of feed-grain acreage
that is going to be planted this year to wheat) is goin^ to disarrange
the whole program ; but by a year from now, unless I am mistaken,
in case you have free markets for everything, you will have the extra
wheat that is raised in those feed lots — that is, corn land, oats land,
and barley land — ^you will have that wheat sell at a feed price, and
necessarily so, because we must have those feeds.
