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Updated: June 18, 2025
As emphasized in my last message, the Government should assume no responsibility in normal times for crop surplus clearly due to overextended acreage. The Government should, however, provide reliable information as a guide to private effort; and in this connection fundamental research on prospective supply and demand, as a guide to production and marketing, should be encouraged.
It is impossible to provide by law for an assured success and prosperity for all those who engage in farming. If acreage becomes overextended, the Government can not assume responsibility for it.
"It ain't hard to borrow money for good offsets. 'Most any bank will lend." "It is hard for anybody who is overextended to borrow. Possibly my plan won't work, but to annoy, to harass, to embarrass, to stretch them thin it's all a part of the game. People are never as well off as we think they are. The Nelsons are close to the sand in a number of places. I want to procure the adjoining acreage.
Under normal conditions no single individual of Gray's limited resources could have caused them more than temporary annoyance; but in the midst of a speculative frenzy, in a time of vast "paper profits" and overnight losses, at an hour when they themselves were overextended and the financial fabric of the whole oil industry was stretched to a point of inflation where a pin prick was apt to cause complete collapse, the feat of warding off a lance in the hands of a destructive enemy was one that kept them in a constant state of nervous panic.
I'll get what we need just got to keep trying... I don't know why, but some so-called experts are saying that off-the-Earth enterprises have been overextended. That makes finding a backer a bit tougher than I thought." "You ought to just take off on your own, Reynolds," Jig Hollins suggested airily. "I'll bet it's in your mind. The car would pay for that.
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