DearTIME-Reader:
One of the most baffling problems of our day is posed by the fact that the U.S. is producing too much food. This domestic overabundance in a world of shortages presents us with a serious economic and political question—what to do with our surpluses. Most suggested solutions to this home-grown problem have the tendency to affect a dairy farmer in France as well as his counterpart in Wisconsin, a wheat-grower in Montana as well as a sheep rancher in Australia.
That is the subject examined in TIME'S business essay this week. It is typical of the kind of knotty question that TIME'S...