Joseph Hume Quotes

If prices drop, we have to protect farmers from distress; if prices rise, we should be ready to pay market rates.

I have always fought for farmers getting better prices.

In a given year, the government may decide that farmers are growing more raisins than Americans will want to eat. That would cause supply to outstrip demand. Raisin prices would drop. And raisin farmers might go out of business.

As the revenue of the farmer is realized in raw produce, or in the value of raw produce, he is interested, as well as the landlord, in its high exchangeable value, but a low price of produce may be compensated to him by a great additional quantity.

I strongly believe that for the steel prices to be market-driven, without distortions, we need to substantially increase the production capacity.

Let the king fix the rates for the purchase and sale of all marketable goods, having duly considered whence they come, whither they go, how long they have been kept, the probable profit and the probable outlay. Once in five nights, or at the close of each fortnight, let the king publicly settle the prices for the merchants.

The only way to keep food prices down is to keep them [farmers] down on the farm after they've seen the parity.

Let the market, not politicians, determine the flow of rice, oil and other commodities. Lower, more stable prices will ensue.

Supply and demand eventually rebalance. We've seen this again and again and again.

People are quick to say with their mouth full, 'Well, the American farmer is on the dole.' But a loaf of bread is two bucks when it could be 10 bucks. I know what it is with the government in my business. We would be all for not having government in our business, but we need a fair system.

Well, there's no question that the law passed in 1996 was flawed. It deregulated the wholesale market, meaning the price that the utilities had to pay energy companies for power, but not the retail market.

I think the producers, for the most part, don't want to see prices skyrocket because that will only create problems for them down the road and would also be a, you know, would be a very serious shock for a world economy that can't afford serious shocks right now.

Tell me, what do they do for us in Bulgaria? Do they fix the prices? Or is there some kind of a free market?

Prices don't merely reflect what people think things ought to cost today; they also reflect what people expect items to cost tomorrow.

We need financial regulation that allows businesses and the banks they use to have access to the tools that help keep prices of consumer goods - like groceries and home heating oil - steady, while ensuring that the taxpayers are never again on the hook for the types of wild bets that helped crash the economy in 2008.

When volume drops off, prices settle down. Volume is the force that turns stocks higher.

The corn law was intended to keep wheat at the price of 80s. the quarter; it is now under 40s. the quarter.

We know, in other words, the general conditions in which what we call, somewhat misleadingly, an equilibrium will establish itself: but we never know what the particular prices or wages are which would exist if the market were to bring about such an equilibrium.

The labour of the farmers, no doubt is of greater value than the financial capacity of the government and non-government institutions which can only play a supportive role.

When it comes to agriculture, there's no such thing as a free market.

Likewise let butchers, fishmongers, hostlers, brewers, bakers, pullers and all other vendors of any victuals, be bound to sell such victuals for a reasonable price, having regard for the price at which such victuals are sold in the adjoining places: so that such vendors may have moderate gains, not excessive…

We made a mistake. We paid the farmers not to grow poppies. So all the other farmers started planting poppies. If we didn’t pay them, they had the poppies [to sell.]

The state has an active role to play in ensuring that there is equilibrium between the constituent parts of the economy, the consumers and the producers.

Are we going to take the hands of the federal government completely off any effort to adjust the growing of national crops, and go right straight back to the old principle that every farmer is a lord of his own farm and can do anything he wants, raise anything, any old time, in any quantity, and sell any time he wants?

… in May, 1917, wheat was selling in Chicago at $3.25 a bushel and the consumer was paying for his bread on that basis, although the official estimate of the Department of Agriculture of the average price actually received by the farmer for his crop was but $1.44 a bushel.