The Right Policy for the United States

If we have a high artificial price at home, which is a blow above the world price, nobody in the world is going to american products unless somebody or other sells it to hem at the world price. A system of artificially high domestic agricultural prices necessarily requires a system of government subsidies for the export of wheat abroad. I submit to you that that's not in the interest of the American consumer and taxpayer. We should also ly stay out of the market of foreign exchange. Your government, on your behalf, has been speculating in the foreign exchange markets for the last seven years. And has cost you, up until last year, and not counting the speculation of this year, 550 million dollars