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90 years ago today: farmers in turmoil

The market does not obey the orders of the authorities, prices fall.

New Free Press on October 27, 1931

Too much has been promised. For too long it has been made the common people believe that the ministers are able to regulate prices like a clockwork. Now the disappointment is breaking through all the dams. The peasants were promised the price of forty shillings for a meter-centner of grain, and forty-six shillings were considered the standard for wheat. But strangely enough the market did not obey the orders of the authorities and the price fell steadily from thirty-one shillings to twenty-three shillings in the previous year.

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