ABSTRACT
The Agricultural Adjustment Act of 1938 reaffirmed the soil conserving emphasis of the 1936 Act and provided, for the first time, a comprehensive program of price and income support based on the constitutional authority given to Congress to regulate interstate and foreign commerce. President Eisenhower appointed Ezra Taft Benson to be Secretary of Agriculture in 1953. The cost structures of the early adopter all other farmers have been raised as the result of rising land values. Farmers, their leaders and agricultural economists were unanimous in their fear, and one might say obsessed by the fear, that farm prices would fall dramatically following the aid of World War II as they had following the end of World War I. As more and more farmers adopt that technology, the supplies of that commodity begin to increase and the price begins to decline.
