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some resources still left when some of the other states didn't.
The drought hadn't yet hit, so that all we had then was straight industrial economic depression. The farmers' depression was caused by the fall of farm prices, which merely followed the decline of wages, profits and industrial enterprise generally. I don't think the drought had begun.
My memory is that there was an ample supply of wheat, but that the price was low. They couldn't get any money for what they raised, but there was a great deal of wheat.
This conference was taken up with these problems. The meeting was a success from one point of view. That is, from the political point of view it created good will toward the President by the Governors of the states. It did not accomplish anything such as Roosevelt had said he wanted to accomplish when he decided to have such a meeting of Governors. In other words, they didn't come to agreements to do particular things. It think myself, as I look at it in hindsight, and as I looked at it shortly after that, that it was because we did not have a program in specific detail, in which we could say to them, “Will you do this, this and this?” In other words, the program was too general. I suppose we got as much as we could expect to get out of it in just the generation of good will.
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