Bait & Boom

Bedeviled by a blight of interdictions and animadversions against AAA by processors, judges and Senators, nervous AAAdministrator Chester C. Davis has kept his tongue & temper fairly well under control. Last week his attention was called to the following advertisement in the Joplin, Mo. Globe:

Dandy way to make money; buy this

13 acres for hog raising. Sign up with

the government to not raise, say, 500

hogs. It will pay you $1,000. That will

pay for the acres and have some left.

"It's preposterous!" spluttered Administrator Davis. "It's at least preliminary to fraud. It's a deliberate misrepresentation and not in any way possible. I shall begin an investigation of this at once."

Without assigning obvious credit to AAA, Federal Land Bank officials in Omaha last week reported farm land prices in Iowa, Nebraska, South Dakota and Wyoming up as much as 33% from last year. More than 50% of buyers are bona fide settlers. A farm near Omaha lately sold for $155 per acre, a half-section in Sac County, Iowa for $135 per acre. A northern Iowan reported an offer of $110 per acre for land he lately bought at $75.

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