Take corn, for example. There are millions upon
millions of bushels of corn stored in the United States with no
visible outlet. A certain amount of corn is used as food for man and
beast, but not all of it. In pre-Prohibition days a certain amount of
corn went into the making of liquor, which was not a very good use for
good corn. But through a long course of years corn followed those two
channels, and when one of them stopped the stocks of corn began to
pile up. It is the money fiction that usually retards the movement of
stocks, but even if money were plentiful we could not possibly consume
the stores of food which we sometimes possess.
If foodstuffs become too plentiful to be consumed as food, why not find
other uses for them? Why use corn only for hogs and distilleries? Why
sit down and bemoan the terrible disaster that has befallen the corn
market? Is there no use for corn besides the making of pork or the
making of whisky? Surely there must be. There should be so many uses for
corn that only the important uses could ever be fully served; there
ought always be enough channels open to permit corn to be used without
waste.
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