Memorandum to President Jessup on Meredith Plan for Farm Relief

Abstract

Mr. Meredith's proposal¹ must arouse a sympathetic response in the minds of the thoughtful reader. His arguments are sound – I should make reservations as to his tacit acceptance of protectionism as the basis of our international trade policy, but perhaps that is done out of deference of political actualities – and it seems probable that the course of action suggested would, if it were effectively carried out, result in great benefit to the country as a whole as well as to the farming class. However, it is necessary to point out some fundamental objections to it, which in the aggregate dispose the writer to react negatively to it as a proposition of practical politics.

Citation

Emmett, R.B. (2011), "Memorandum to President Jessup on Meredith Plan for Farm Relief", Emmett, R.B. (Ed.) Frank H. Knight in Iowa City, 1919–1928 (Research in the History of Economic Thought and Methodology, Vol. 29 Part 2), Emerald Group Publishing Limited, Leeds, pp. 321-323. https://doi.org/10.1108/S0743-4154(2011)000029B031