Excerpts: The standard of living in the average farm home has been increased considerably above the depressed level of 1932, but it is still about 25% lower than it was twenty-one years ago. How are farmers going to protect the improvement attained so far? How are they going to attain a still further improvement, and steps will they take toward making permanent the next full measure of prosperity when it arrives? The Agricultural Adjustment activities of the past two years aimed at reducing export surpluses and have helped bring about, partial recovery on farms and in cities. To protect these recent gains, similar activities will need to be carried on, otherwise the wheat belt, the corn-hog belt, the cotton and tobacco belt, would face again the problems of surplus production and of reduction in incomes.